NOT LISTED FOR SALE

Estimated Value: $197,000 - $245,000

1 Bed
1 Bath
700 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $149,000 $213 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,603/month

27 Days on Market

Highlights

  • Deck
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Upscale urban living in the Arts District. Close to U, Dtown, 35W & 280. Loft style unit w/ 12 ft ceilings, oversized windows, exposed concrete & duct work, granite ktchn w/ built-in wine cooler, in-unit laundry, assigned parking & storage space.

Last Listed By

Tara Cardenas

Re/Max Advantage Plus Listed on: 06/05/2014

Re/Max Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 2006

Lot Details

  • 1.13

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • 700 Sq Ft Home
  • Property Attached
  • Stone Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Varies By Unit
  • Assigned Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1802923330083

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,963

Year Built

Built in 2006

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Accessibility Features: Doors 36+, Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 700.00
  • Above Grade Finished Area Search: 700.00
  • Association Management: First Service Residental
  • Management Company Phone: 952-277-2716
  • Carport Y N: No
  • Condo Approved Financing: FHA
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 15853
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 700.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 1802923330083
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Weight/Height Limit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Beds/Baths

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

Garage/Parking

  • Parking Features: Assigned, Units Vary

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Hazard Insurance, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Snow/Lawn Care, Water/Sewer
  • Association Fee: 254.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Deck

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: Unknown
  • Lot Size: common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1485 1901 Loft A condo Unit No 310
  • Tax Amount: 1963.00
  • Tax Year: 2014
  • Tax With Assessments: 1963.00
  • Assessor Parcel Number: 1802923330083

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
Jun 5, 2014
Closed on
Aug 1, 2014
Sold by
Klatt Justin J
Bought by
Weger Catherine E
Seller's Agent
Tara Cardenas
Re/Max Advantage Plus
Buyer's Agent
Michael Swiderski
Coldwell Banker Burnet
List Price
$155,000
Sold Price
$149,000
Premium/Discount to List
-$6,000
-3.87%
Total Days on Market
27
Current Estimated Value
$215,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,721
Original Mortgage
$119,000
Outstanding Balance
$87,697
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

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 Buyer Sale Price Title Company
Weger Catherine E $149,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weger Catherine E $43,300
Open Weger Catherine E $119,000
Previous Owner Klatt Justin J $138,240
Previous Owner Klatt Justin J $34,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $149,000 -3.9% $213 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $155,000 -- $221 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $2,444 $202,000 $6,000 $196,000
2022 $2,744 $208,000 $6,000 $202,000
2021 $2,142 $212,000 $6,000 $206,000
2020 $2,322 $176,500 $5,700 $170,800
2019 $2,198 $176,500 $5,700 $170,800
2018 $2,029 $166,500 $5,700 $160,800
2017 $1,743 $135,000 $5,700 $129,300
2016 $1,700 $129,000 $5,700 $123,300
2015 $1,435 $109,500 $5,700 $103,800
2014 -- $109,500 $5,700 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4489214

NorthstarMLS

APN: 18-029-23-33-0083