NOT LISTED FOR SALE

Estimated Value: $114,000 - $126,000

1 Bed
1 Bath
650 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $114,900 $177 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,246/month

45 Days on Market

Highlights

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

About This Home

As of July 2017

Perfect location near U of M, the river, downtown, and the light rail. Live for less than rent! Building has garage parking, pool, exercise room, rooftop patio and more. Assoc fee includes all utilities, even cable and internet!

Last Listed By

Michael Gross

RE/MAX Results Listed on: 05/22/2017

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1973

Lot Details

  • 1.03

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Property Attached

Interior Spaces

  • 650 Sq Ft Home
  • Sauna

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Subterranean Parking
  • 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 2502924220193

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
  • Cedar Riverside Subdivision
  • 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

$1,370

Year Built

Built in 1973

Lot Details

0

HOA Fees

$469 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, Car Wash, 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: 650.00
  • Above Grade Finished Area Search: 650.00
  • Assessment Pending Y N: No
  • Association Management: FirstService Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12925
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 650.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2502924220193
  • 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, Disposal, Range, Refrigerator
  • Fireplace: No

Beds/Baths

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

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor

Garage/Parking

  • Parking Features: 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: 469.00

Association/Amenities

  • Association Fee Yn: Yes

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: No
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 0775 RIVERVIEW TOWER CONDO UNIT NO 707
  • Tax Amount: 1370.00
  • Tax Year: 2017
  • Tax With Assessments: 1370.34
  • Assessor Parcel Number: 2502924220193

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 22, 2017
Closed on
Jul 27, 2017
Sold by
Great Plains Skate Company Inc
Bought by
Rasmussen Andrew P
Seller's Agent
Michael Gross
RE/MAX Results
Buyer's Agent
Kristina Wasco
Better Homes and Gardens Real
List Price
$114,900
Sold Price
$114,900
Total Days on Market
45
Current Estimated Value
$118,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,881
Avg. Annual Appreciation
0.28%
Original Mortgage
$106,857
Outstanding Balance
$90,525
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$26,878

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 31, 2015
Sold by
Munankarmy Abnita and Larrandson Ry
Bought by
Great Plains Skate Company Inc
Seller's Agent
Michael Gross
RE/MAX Results
List Price
$104,900
Sold Price
$99,000
Premium/Discount to List
-$5,900
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Trooien Phillip E and Trooien Roberta J
Bought by
Munenkarmy Abnita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Rasmussen Andrew P $114,900 Gibralter Title
Great Plains Skate Company Inc $99,000 Midland Title
Munenkarmy Abnita $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Andrew P $106,857
Previous Owner Munankarmy Abnita $95,600
Previous Owner Munankarmy Abnita $23,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $114,900 0.0% $177 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/15/2017 06/15/17 Off Market $114,900 -- --
05/22/2017 05/22/17 For Sale $114,900 +16.1% $177 / Sq Ft
08/31/2015 08/31/15 Sold $99,000 -5.6% $152 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/17/2015 07/17/15 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 $1,410 $108,000 $1,900 $106,100
2022 $1,490 $107,500 $1,900 $105,600
2021 $1,438 $107,500 $1,900 $105,600
2020 $1,558 $107,500 $1,900 $105,600
2019 $1,545 $107,500 $1,900 $105,600
2018 $1,450 $103,500 $1,900 $101,600
2017 $1,370 $89,000 $1,900 $87,100
2016 $1,320 $83,000 $1,900 $81,100
2015 $1,277 $76,500 $1,900 $74,600
2014 -- $76,500 $1,900 $74,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4832920

NorthstarMLS

APN: 25-029-24-22-0193