NOT LISTED FOR SALE

Estimated Value: $166,000 - $211,000

2 Beds
2 Baths
1,100 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $198,000 $180 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,909/month

41 Days on Market

Highlights

  • Heated In Ground Pool
  • Great Room
  • Patio
  • Sauna
  • Elevator
  • 1-minute walk to Bluff Street Park

About This Home

As of April 2018

Tastefully remodeled unit with stunning views of downtown Mpls! Enjoy this perfect location close to the river, walking paths, biking trails, restaurants, the light rail, and the U of M campus. The association fee includes all utilities (even cable TV and internet)! Garage parking for only $50/mo.

Last Listed By

Michael Gross

RE/MAX Results Listed on: 01/29/2018

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1973

Lot Details

  • 1.03

HOA Fees

  • $699 Monthly HOA Fees

Home Design

  • Property Attached

Interior Spaces

  • 1,100 Sq Ft Home
  • Great Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2502924220250

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, electric, hazard insurance, heating, internet, outside maintenance, professional mgmt, sanitation, security staff, shared amenities, snow/lawn care, water/sewer
  • Firstservice Residential Association

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,324

Year Built

Built in 1973

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Other
  • Accessibility Features: Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Coin-op Laundry Owned, Concrete Floors & Walls, Elevator(s), Hot Tub, Patio, Sauna, Tennis Courts
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1100.00
  • Above Grade Finished Area Search: 1100.00
  • Association Management: FirstService Residential
  • Management Company Phone: 612-338-1920
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12925
  • Listing Organization: Iowa
  • Living Area Finished: 1100.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2502924220250
  • Rental License: No
  • Restrictions Type: Pets Not Allowed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Dining Room Features: Kitchen/Dining Room, Living/Dining Room
  • Family Room Features: Great Room
  • Bathroom Type: Full Master, Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, More Parking Onsite for Fee, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Electric, Hazard Insurance, Heating, Internet, Outside Maintenance, Professional Mgmt, Sanitation, Security Staff, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 699.00

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
  • Homestead: Yes
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 0775 RIVERVIEW TOWER CONDO UNIT NO 1401
  • Tax Amount: 2324.00
  • Tax Year: 2017
  • Tax With Assessments: 2324.00
  • Assessor Parcel Number: 2502924220250

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
Jan 29, 2018
Closed on
Apr 24, 2018
Sold by
Samson Michell R and Samson Lauren
Bought by
Sheehan Michael J
Seller's Agent
Michael Gross
RE/MAX Results
List Price
$209,900
Sold Price
$198,000
Premium/Discount to List
-$11,900
-5.67%
Total Days on Market
41
Current Estimated Value
$180,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,855
Avg. Annual Appreciation
-1.11%
Original Mortgage
$148,000
Outstanding Balance
$130,484
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$52,504

Purchase Details

Listed on
Jul 25, 2015
Closed on
Jan 4, 2016
Sold by
Thomas Peter and Leblanc Bonnie A
Bought by
Samson Mitchell R
Seller's Agent
Albert Hepp
BuySelf, Inc
List Price
$217,000
Sold Price
$196,000
Premium/Discount to List
-$21,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$186,200
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Plunkett Helen C and Plunkett Robert
Bought by
Thomas Peter and Leblanc Bonnie A

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
Sheehan Michael J $198,000 Results Title
Samson Mitchell R $196,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Michael J $148,000
Previous Owner Samson Mitchell R $186,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $198,000 0.0% $180 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
03/19/2018 03/19/18 Off Market $198,000 -- --
03/01/2018 03/01/18 Price Changed $204,900 -2.4% $186 / Sq Ft
03/01/2018 03/01/18 For Sale $209,900 +6.0% $191 / Sq Ft
01/29/2018 01/29/18 Off Market $198,000 -- --
01/04/2016 01/04/16 Sold $196,000 -9.7% $178 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $217,000 -- $197 / 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 $2,532 $194,000 $2,700 $191,300
2022 $2,834 $204,500 $2,700 $201,800
2021 $2,735 $204,500 $2,700 $201,800
2020 $2,848 $204,500 $2,700 $201,800
2019 $2,561 $196,500 $2,700 $193,800
2018 $2,368 $189,000 $2,700 $186,300
2017 $2,325 $170,000 $2,700 $167,300
2016 $2,338 $147,000 $2,700 $144,300
2015 $1,867 $133,500 $2,700 $130,800
2014 -- $136,500 $2,700 $133,800
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST4903592

NorthstarMLS

APN: 25-029-24-22-0250