$185,000
SOLD JUN 10, 2016
1 Bed
1 Bath
871 Sq Ft
1.13 Acres

Recently Sold

$212 Per Sq Ft

5% Below List Price

28 Days on Market

Highlights

  • Building Security
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Beautiful unit with very high ceilings, spacious kitchen, living room, bathroom, bedroom. Great balcony viewing to downtown Minneapolis. Convenient location. Must see!

Last Agent to Sell the Property

Lisa Nguyen

Counselor Realty, Inc

Counselor Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 2006

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • 871 Sq Ft Home
  • Property Attached
  • Stone Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1802923330076

Community Details

Overview

  • Association fees include building exterior, hazard insurance, outside maintenance, professional mgmt, sanitation, snow/lawn care, water/sewer
  • First Service Residential Association
  • 1901 Lofts Subdivision

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,703

Year Built

Built in 2006

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Accessibility Features: Elevator
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lawn Sprinkler, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 871.00
  • Above Grade Finished Area Search: 871.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6057
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 871.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 1802923330076
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Assigned, Uncovered/Open
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Outside Maintenance, Professional Mgmt, Sanitation, Snow/Lawn Care, Water/Sewer
  • Association Fee: 341.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1485 1901 LOFTS A CONDO UNIT NO 303
  • Tax Amount: 2703.00
  • Tax Year: 2016
  • Tax With Assessments: 2703.00
  • Assessor Parcel Number: 1802923330076

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 10, 2016
Sold by
Hasti Srinivas and Hasti Vindhya
Bought by
Li Ming Yee and Wylie Andrew
Seller's Agent
Lisa Nguyen
Counselor Realty, Inc
List Price
$193,900
Sold Price
$185,000
Premium/Discount to List
-$8,900
-4.59%
Total Days on Market
28
Current Estimated Value
$257,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,855
Avg. Annual Appreciation
3.79%
Original Mortgage
$146,600
Outstanding Balance
$69,852
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$188,003

Purchase Details

Listed on
Nov 8, 2012
Closed on
Nov 20, 2012
Sold by
Klobe Kirk D and Klobe Sarah A
Bought by
Vallapureddy Vindhya and Hasti Srinivas
Seller's Agent
Patrick Carson
DRG
Sold Price
$1,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%
Original Mortgage
$87,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
1901 Lofts Llc
Bought by
Klobe Kirk D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,624
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 West Title Llc
Warranty Deed $116,000 Title & Closing Inc
Warranty Deed $252,030 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,600 New Conventional
Previous Owner $87,000 New Conventional
Previous Owner $201,624 Adjustable Rate Mortgage/ARM
Previous Owner $50,406 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $185,000 -4.6% $212 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $193,900 0.0% $223 / Sq Ft
01/01/2013 01/01/13 Rented $1,395 -98.8% --
12/02/2012 12/02/12 Under Contract -- -- --
11/28/2012 11/28/12 Sold $116,000 0.0% $121 / Sq Ft
11/12/2012 11/12/12 For Rent $1,395 0.0% --
10/29/2012 10/29/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $114,900 -- $119 / Sq Ft
Source: NorthstarMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,917 $237,000 $8,000 $229,000
2022 $3,232 $247,000 $8,000 $239,000
2021 $2,888 $246,000 $8,000 $238,000
2020 $3,131 $230,500 $7,600 $222,900
2019 $3,019 $230,500 $7,600 $222,900
2018 $2,807 $217,500 $7,600 $209,900
2017 $2,465 $178,500 $7,600 $170,900
2016 $2,704 $170,000 $7,600 $162,400
2015 $2,371 $142,000 $7,600 $134,400
2014 -- $149,500 $7,600 $141,900
Source: Public Records

Source: NorthstarMLS

MLS Number: NST4701211

NorthstarMLS

APN: 18-029-23-33-0076