NOT LISTED FOR SALE

Estimated Value: $176,000 - $383,000

2 Beds
2 Baths
1,193 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $294,000 $246 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,488/month

3 Days on Market

Highlights

  • Building Security
  • Panoramic View
  • Home Gym
  • In Ground Pool
  • 1.03 Acre Lot
  • 1-minute walk to Bluff Street Park

About This Home

As of July 2020

Stunning view of downtown Minneapolis, the Mississippi river and the stone arch bridge! Incredible sunset views with western facing windows. Executive condo, remodeled 5 years ago with modern amenities. Custom designed kitchen with soft close drawers/cabinets, stainless steel appliances, farm sink, and quartz counter tops. Custom black walnut built-in and ledges along all windows. Custom stack stone wall in the main bathroom adds a unique touch. Dimming lights throughout unit. Beautifully designed slate stone in walk-in master bathroom shower. California style closets in both bedrooms. Smaller second bedroom comes with a stylish Murphy bed. Recessed soffit lighting throughout unit. Monthly association fees cover all utilities, including cable/internet. Heated garage parking is available through the association. Amenities: indoor pool, hot tub, sauna, large green space with grills, exercise room, car wash, tennis courts, and more! Secured building.

Last Listed By

Nick Hubers

One Source Realty Listed on: 05/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1973

Lot Details

  • 1.03

HOA Fees

  • $832 Monthly HOA Fees

Property Views

  • Panoramic
  • City

Home Design

  • Property Attached

Interior Spaces

  • 1,193 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Home Gym
  • Kitchen Island
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Patio
  • 1.03 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2502924220322

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, controlled access, electric, gas, hazard insurance, heating, internet, lawn care, outside maintenance, professional mgmt, sanitation, security staff, shared amenities, snow removal, water/sewer
  • First Service Residential Association
  • Cic 0775 Riverview Tower Condo Subdivision
  • Rental Restrictions
  • Car Wash Area

Recreation

  • Community Indoor Pool

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1973

Lot Details

0

HOA Fees

$832 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Other
  • Accessibility Features: Elevator, Fully Wheelchair, Wheelchair Ramp
  • Water Source: City Water - In Street
  • Association Amenities: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Hot Tub, Patio, Security Building, Tennis Courts
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1973
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1193.00
  • Above Grade Finished Area Search: 1193.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 612-338-1920
  • 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: 10115
  • Listing Organization: Iowa
  • Living Area Finished: 1193.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2502924220322
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets Not Allowed, Rental Restrictions May Apply
  • Stories Type: More Than 2 Stories
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Shared Room: Amusement/Party Room, Community Room, Exercise Room
  • Basement: None
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Indoor

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Other, Secured

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Controlled Access, Electric, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Outside Maintenance, Professional Mgmt, Sanitation, Security Staff, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 832.00

Association/Amenities

  • Property Amenities: Cable, City View, Exercise Room, Hot Tub, Kitchen Center Island, Paneled Doors, Panoramic View, Security System, 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: No
  • 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 2201
  • Tax Amount: 2601.00
  • Tax Year: 2019
  • Tax With Assessments: 2601.00
  • Assessor Parcel Number: 2502924220322

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
May 9, 2020
Closed on
Jul 1, 2020
Sold by
Hubers Nicholas
Bought by
Talbot Rory
Seller's Agent
Nick Hubers
One Source Realty
Buyer's Agent
Joshua Sparber
Coldwell Banker Realty
List Price
$299,900
Sold Price
$294,000
Premium/Discount to List
-$5,900
-1.97%
Total Days on Market
3
Current Estimated Value
$259,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,844
Avg. Annual Appreciation
-2.78%
Original Mortgage
$279,300
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2012
Closed on
May 21, 2013
Sold by
Renander Jacqueline Zara and Renander Arthur
Bought by
Hubers Nicholas
List Price
$149,900
Sold Price
$126,000
Premium/Discount to List
-$23,900
-15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
Oct 31, 2008
Sold by
Not Provided
Bought by
Renander Jacqueline Zara

Purchase Details

Closed on
Jan 15, 1998
Sold by
Diercks Richard A
Bought by
Hardenbergh Nancy C

Purchase Details

Closed on
Aug 23, 1996
Sold by
Riverview Tower Homeowners Assn
Bought by
Diercks Richard A

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
Talbot Rory $294,000 Burnet Title
Hubers Nicholas $122,294 Edina Realty Title Inc
Renander Jacqueline Zara -- --
Hardenbergh Nancy C $125,000 --
Diercks Richard A $42,224 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Cities Home Rental Holdin $500,000
Closed Talbot Rory $279,300
Previous Owner Twin Cities Home Rental Holdings Llc $500,000
Previous Owner Hubers Nicholas $249,000
Previous Owner Renander Arthur $51,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $294,000 -2.0% $246 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $299,900 +138.0% $251 / Sq Ft
05/21/2013 05/21/13 Sold $126,000 -15.9% $115 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $149,900 -- $136 / 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 $2,624 $217,000 $3,200 $213,800
2022 $2,786 $217,000 $3,200 $213,800
2021 $2,549 $217,000 $3,200 $213,800
2020 $2,639 $207,000 $3,200 $203,800
2019 $2,601 $199,000 $3,200 $195,800
2018 $2,410 $191,500 $3,200 $188,300
2017 $2,250 $165,500 $3,200 $162,300
2016 $2,137 $154,500 $3,200 $151,300
2015 $2,371 $142,000 $3,200 $138,800
2014 -- $142,000 $3,200 $138,800
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST5564209

NorthstarMLS

APN: 25-029-24-22-0322