NOT LISTED FOR SALE

Estimated Value: $86,000 - $95,000

1 Bed
1 Bath
486 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $55,000 $113 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $864/month

27 Days on Market

Highlights

  • Building Security
  • Hot Water Heating System
  • 1-minute walk to Stevens Square Park
  • Patio
  • Coin Laundry

About This Home

As of November 2017

CUTE 1 BEDROOM STUDIO CONDO IN THE HEART OF MINNEAPOLIS. CONVENIENTLY LOCATED TO TONS OF SHOPPING AND RESTARAUNTS. SHARED LAUNDRY AND A ROOF TOP DECK!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1919

Lot Details

  • 6,403

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • 486 Sq Ft Home
  • Property Attached
  • Stone Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Patio
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2702924430234

Community Details

Overview

  • Association fees include outside maintenance, snow/lawn care
  • J & L Management Association

Additional Features

  • Coin Laundry
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1919

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: None
  • Outside Features: Brick/Stone
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1919
  • Above Grade Finished Sq Ft: 486.00
  • Above Grade Finished Area Search: 486.00
  • Association Management: J & L Management
  • Management Company Phone: 612-741-0226
  • Carport Y N: No
  • Co Listing Association Office S K: 11062
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11062
  • Listing Organization: Iowa
  • Living Area Finished: 486.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2702924430234
  • Rental License: No
  • Restrictions Type: Pets - Dogs Allowed
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: No

Beds/Baths

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

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Outside Maintenance, Snow/Lawn Care
  • Association Fee: 275.00

Schools

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

Lot Info

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

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1839 Cheslakee Parkview Condo
  • Tax Amount: 1162.00
  • Tax Year: 2017
  • Tax With Assessments: 1162.00
  • Assessor Parcel Number: 2702924430234

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
Aug 9, 2017
Closed on
Nov 7, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Prescott Shannon
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Total Days on Market
27
Current Estimated Value
$89,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,733
Avg. Annual Appreciation
6.74%
Original Mortgage
$49,500
Outstanding Balance
$41,969
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$47,764

Purchase Details

Closed on
Aug 24, 2016
Sold by
Pacific Union Financial Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 18, 2016
Sold by
Ebongu Allan and Isinogma Doreen
Bought by
Cheslakee Parkview Condominiums Associat

Purchase Details

Closed on
Jun 6, 2014
Sold by
Ebongu Allan and Isingoma Doreen
Bought by
Ebongu Allan and Isingoma Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,045
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2008
Sold by
Cheslake Parkview Condominiums
Bought by
Ebongu Allan

Range of Values:

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Average Value
Not Available
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
Prescott Shannon -- Trademark Title Services
Secretary Of Hud -- None Available
Cheslakee Parkview Condominiums Associat $5,135 Attorney
Ebongu Allan -- Premium Title Group
Ebongu Allan $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prescott Shannon $49,500
Previous Owner Ebongu Allan $91,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $55,000 -8.3% $113 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $60,000 +9.1% $123 / Sq Ft
08/10/2017 08/10/17 Off Market $55,000 -- --
08/09/2017 08/09/17 For Sale $60,000 -- $123 / 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 $1,109 $85,000 $6,000 $79,000
2022 $1,136 $82,000 $5,000 $77,000
2021 $1,043 $82,000 $4,000 $78,000
2020 $1,058 $78,000 $2,900 $75,100
2019 $1,045 $73,000 $2,900 $70,100
2018 $1,202 $70,000 $2,900 $67,100
2017 $1,162 $75,500 $4,200 $71,300
2016 $922 $58,000 $4,200 $53,800
2015 $968 $58,000 $4,200 $53,800
2014 -- $62,500 $4,200 $58,300
Source: Public Records

Map

Source: NorthstarMLS

MLS Number: NST4863732

NorthstarMLS

APN: 27-029-24-43-0234