NOT LISTED FOR SALE

Estimated Value: $110,000 - $163,000

1 Bed
1 Bath
650 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $119,900 $184 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,357/month

67 Days on Market

Highlights

  • Heated In Ground Pool
  • 1.03 Acre Lot
  • Subterranean Parking
  • Sauna
  • Elevator
  • 1-minute walk to Bluff Street Park

About This Home

As of May 2017

Stunning views from the 21st floor! Convenient, luxurious, and affordable condo near the university and downtown. Enjoy numerous amenities, a great view of the river, and a short walk to the light rail station! Parking is $35 (outside), $50 (garage), or $65 (heated garage) per month.

Last Listed By

Michael Gross

RE/MAX Results Listed on: 03/16/2017

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1973

Lot Details

  • 1.03 Acre Lot

HOA Fees

  • $512 Monthly HOA Fees

Home Design

  • Property Attached
  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 650 Sq Ft Home
  • Sauna
  • Fire Sprinkler System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Subterranean Parking
  • Heated Garage
  • Garage Door Opener
  • Parking Fee
  • Secure Parking

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 2502924220342

Community Details

Overview

  • Association fees include air conditioning, cable TV, electric, hazard insurance, heating, internet, outside maintenance, professional mgmt, sanitation, security staff, security system, shared amenities, snow/lawn care, water/sewer
  • Firstservice Residential Association
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,411

Year Built

Built in 1973

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Cement Board
  • Accessibility Features: Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Car Wash, Coin-op Laundry Owned, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Hot Tub, Patio, Sauna, Tennis Courts
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 650.00
  • Above Grade Finished Area Search: 650.00
  • Association Management: FirstService Residential
  • Management Company Phone: 612-338-1920
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12925
  • Listing Organization: Iowa
  • Living Area Finished: 650.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2502924220342
  • Rental License: No
  • Restrictions Type: Pets Not Allowed, Rental Restrictions May Apply
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan/Hood, Range, Refrigerator
  • Fireplace: No

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Heated, Indoor, Shared

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Cable TV, Electric, Hazard Insurance, Heating, Internet, Outside Maintenance, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 512.00

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 Acres: 1.0300
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 0775 RIVERVIEW TOWER CONDO UNIT NO 2108
  • Tax Amount: 1411.00
  • Tax Year: 2017
  • Tax With Assessments: 1411.00
  • Assessor Parcel Number: 2502924220342

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
Mar 16, 2017
Closed on
May 18, 2017
Sold by
Yang Chin Ann and Tai Yi Shu
Bought by
Ferris Andrew
Seller's Agent
Michael Gross
RE/MAX Results
List Price
$119,900
Sold Price
$119,900
Total Days on Market
67
Current Estimated Value
$125,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,580
Avg. Annual Appreciation
0.66%
Original Mortgage
$85,900
Outstanding Balance
$73,356
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$52,971

Purchase Details

Listed on
Jan 29, 2012
Closed on
Jun 6, 2012
Sold by
Leeraparr Borwornsom
Bought by
Yang Chin Ann
Seller's Agent
Michael Gross
RE/MAX Results
List Price
$104,900
Sold Price
$96,500
Premium/Discount to List
-$8,400
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bakley Bret D
Bought by
Leerapan Borwornsom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Leyasmeyer Archibald I and Leyasmeyer Edith
Bought by
Bakley Bret D

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
Ferris Andrew $119,900 North American Title Co
Yang Chin Ann $96,500 First American Title Ins Co
Leerapan Borwornsom $134,000 --
Bakley Bret D $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferris Andrew $85,900
Previous Owner Leerapan Borwornsom $120,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $119,900 0.0% $184 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $119,900 +24.2% $184 / Sq Ft
06/06/2012 06/06/12 Sold $96,500 -8.0% $148 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
01/29/2012 01/29/12 For Sale $104,900 -- $161 / 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 $1,788 $137,000 $2,000 $135,000
2022 $1,996 $144,000 $2,000 $142,000
2021 $1,926 $144,000 $2,000 $142,000
2020 $2,007 $144,000 $2,000 $142,000
2019 $1,986 $138,500 $2,000 $136,500
2018 $1,870 $133,000 $2,000 $131,000
2017 $1,411 $115,000 $2,000 $113,000
2016 $1,331 $107,500 $2,000 $105,500
2015 $1,237 $98,500 $2,000 $96,500
2014 -- $98,500 $2,000 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4805239

NorthstarMLS

APN: 25-029-24-22-0342