NOT LISTED FOR SALE

Estimated Value: $105,000 - $114,000

1 Bed
1 Bath
660 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $130,000 $197 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,293/month

49 Days on Market

Highlights

  • Building Security
  • Community Indoor Pool
  • Patio
  • Wood Flooring
  • Elevator
  • 1-minute walk to Bluff Street Park

About This Home

As of August 2021

Property Id: 1617881

Amazing views of the Mississippi River and natural light come from this 1 bedroom, 1 bathroom, unfurnished 15th floor condo. If you are looking for a safe and secure building, an ability to walk, ride a bike all over downtown this is your home. Walk or ride your bike to the Mississippi River, University of MN campus, restaurants, coffee shops, shopping, us bank stadium, parks and so much more. This building offers so much for the renter, 24 hour secured building, gym, sauna, indoor pool, hot tub, tennis court with pickle ball, amazing green space for relaxing and grilling with your friends. Rent includes all utilities like water, heating and cooling, internet, cable and use of common facilities. Parking is extra.
Move in fee of $100.

Last Listed By

Yu Jie Chen

RE/MAX Results Listed on: 06/08/2021

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1973

Lot Details

  • 1.03

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Uncovered Parking

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Patio
  • Zero Lot Line

Listing and Financial Details

  • Assessor Parcel Number 2502924220266

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, electric, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security system, snow/lawn care, water/sewer
  • First Service Residential Association
  • Riverview Towers Subdivision

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Building Security
  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1973

Lot Details

0

HOA Fees

$588 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Coin-op Laundry Owned, Deck, Elevator(s), Fire Sprinkler System, Hot Tub, Other, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1973
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 660.00
  • Above Grade Finished Area Search: 660.00
  • Above Grade Finished Sq Ft: 660.00
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10523
  • Listing Organization: Iowa
  • Living Area Finished: 660.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 660.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2502924220266
  • Rental License: No
  • Restrictions Type: Pets Not Allowed
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Community Room, Exercise Room, Other
  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 660.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • PoolFeatures: Indoor, Shared

Garage/Parking

  • Parking Features: Contract Pkg Required, Covered, Heated Garage, Uncovered/Open
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Electric, Hazard Insurance, Heating, Outside Maintenance, Professional Mgmt, Sanitation, Security System, Snow/Lawn Care, Water/Sewer
  • Association Fee: 588.00

Association/Amenities

  • Property Amenities: Hardwood Floors, Tile Floors

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
  • Lot Size: Common
  • Homestead: Yes
  • Lot Features: Zero Lot Line
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 0775 RIVERVIEW TOWER CONDO UNIT NO 1508
  • Tax Amount: 1284.62
  • Tax Year: 2021
  • Tax With Assessments: 1284.62
  • Assessor Parcel Number: 2502924220266

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 8, 2021
Closed on
Aug 31, 2021
Sold by
Zhang Yixin and Andriamasy Sandrato Faniry
Bought by
Asani Ashwin
Seller's Agent
Yu Jie Chen
RE/MAX Results
Buyer's Agent
Richard Ketterling
RE/MAX Results
List Price
$132,500
Sold Price
$130,000
Premium/Discount to List
-$2,500
-1.89%
Total Days on Market
49
Current Estimated Value
$108,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,889
Avg. Annual Appreciation
-4.87%
Original Mortgage
$98,751
Outstanding Balance
$77,904
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$30,207

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 26, 2013
Sold by
Stanke Luke and Stanke Sarah J
Bought by
Zhang Yixin
Seller's Agent
Renee Wilson
Edina Realty, Inc.
List Price
$109,900
Sold Price
$97,500
Premium/Discount to List
-$12,400
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Aug 25, 2009
Sold by
Lafontaine Nicholas L and Lafontaine Joyce S
Bought by
Stanke Luke D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Amine Abdul and Amine Hala
Bought by
Lafontaine Peter W and Lafontaine Nicholas L

Purchase Details

Closed on
Aug 8, 2002
Sold by
Sastamanin Robert
Bought by
Abdul Amine and Halah Amine

Purchase Details

Closed on
Aug 23, 1996
Sold by
Riverview Tower Homeowners Assn
Bought by
Sastamoinen Robert M

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
Asani Ashwin $130,000 Results Title
Zhang Yixin $97,500 Edina Realty Title Inc
Stanke Luke D $103,000 --
Lafontaine Peter W $129,000 --
Abdul Amine $136,000 --
Sastamoinen Robert M $26,259 --
Asani Ashwin Ashwin $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asani Ashwin $98,751
Previous Owner Stanke Luke $82,400
Closed Asani Ashwin Ashwin $98,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2024 10/06/24 For Rent $1,250 0.0% --
08/31/2021 08/31/21 Sold $130,000 -1.9% $197 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $132,500 +35.9% $201 / Sq Ft
09/26/2013 09/26/13 Sold $97,500 -11.3% $148 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $109,900 -- $167 / 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 $1,256 $120,000 $2,000 $118,000
2022 $1,325 $119,500 $2,000 $117,500
2021 $1,285 $119,500 $2,000 $117,500
2020 $1,325 $119,500 $2,000 $117,500
2019 $1,298 $115,000 $2,000 $113,000
2018 $1,185 $110,500 $2,000 $108,500
2017 $1,088 $95,500 $2,000 $93,500
2016 $1,022 $89,500 $2,000 $87,500
2015 $940 $82,000 $2,000 $80,000
2014 -- $82,000 $2,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST6002702

NorthstarMLS

APN: 25-029-24-22-0266