NOT LISTED FOR SALE

1928 Aldrich Ave S Unit B204 Minneapolis, MN 55403

Lowry Hill Neighborhood

Estimated Value: $89,000 - $110,000

1 Bed
1 Bath
437 Sq Ft
$230/mo HOA Fee

Last Sold June 30, 2023

Last sale price $100,000 $229 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $814/month

54 Days on Market

Highlights

  • 31,929 Sq Ft lot
  • 1-Story Property
  • Baseboard Heating
  • Living Room
  • Dining Room

About This Home

As of June 2023

Location! * Location! * Location! * 1928 Aldrich is located a short walk to Lake of the Isles, Walker Art Center, Minneapolis College and Loring Park. Second-floor condo is QUIET (situated away from the stairs) and COZY. Feels larger than it is with almost 9' ceilings. Tucked away on a quiet block that is close to EVERYTHING, this condo has lives incredibly comfortably, is bright + SUNNY, and is convenient to all Lowry Hill has to offer! The current owner utilized every square inch of space. Bathroom is plumbed for a European-style, wash/dry combo laundry unit. Access to bike path is right out the front door. PET-friendly building. And, of course, Lyndale + Hennepin are just a short walk away with restaurants, shops, and co-op. ***Well-managed Association with LOW monthly dues * Off-street parking may be available***

Last Agent to Sell the Property

Paige Kahle

The Real Estate Collaborative Listed on: 04/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1908

Lot Details

  • 0.73

HOA Fees

  • $230 Monthly HOA Fees

Interior Spaces

  • 437 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Association fees include maintenance structure, controlled access, gas, hazard insurance, lawn care, ground maintenance, professional mgmt, snow removal, water
  • Association One Association, Phone Number (833) 737-8663
  • Low-Rise Condominium
  • Cic 1642 Aldrich Point Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2802924440508

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,408

Year Built

Built in 1908

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Fee Frequency: Monthly
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 437
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 437
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Gas, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal, Water
  • Phone: 833-737-8663
  • Association Fee: 230
  • Association: Yes

Association/Amenities

  • HOA Management Co: Association One

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: I
  • Lot Size Sq Ft: 31929.48
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2802924440508
  • Tax Annual Amount: 1408
  • TaxWithAssessments: 1408.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 30, 2023
Sold by
The Dana F Fermstad Trust
Bought by
Dabral Mahendra
Seller's Agent
Paige Kahle
The Real Estate Collaborative
List Price
$112,500
Sold Price
$100,000
Premium/Discount to List
-$12,500
-11.11%
Views
138
Current Estimated Value
$95,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,166
Avg. Annual Appreciation
-1.81%
Original Mortgage
$70,132
Outstanding Balance
$68,331
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$27,503

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 27, 2023
Sold by
Dana F Fermstad Trust and Eric F Fermstad Revocable Trust
Bought by
Dabral Mahendra
Seller's Agent
Paige Kahle
The Real Estate Collaborative
List Price
$112,500
Sold Price
$100,000
Premium/Discount to List
-$12,500
-11.11%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,132
Outstanding Balance
$68,331
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$27,503

Purchase Details

Closed on
Jun 13, 2013
Sold by
Fermstad Thomas F
Bought by
Fermstad Thomas F and Dana F Fermstad Trust

Purchase Details

Closed on
Apr 30, 2009
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Fernstad Eric
Source: Public Records

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
Dabral Mahendra $100,000 --
Dabral Mahendra $100,000 First American Title Insurance
Fermstad Thomas F -- None Available
Fernstad Eric $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabral Mahendra $70,132
Closed Dabral Mahendra $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $100,000 -3.8% $229 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $104,000 -5.5% $238 / Sq Ft
05/09/2023 05/09/23 Price Changed $110,000 -2.2% $252 / Sq Ft
04/27/2023 04/27/23 For Sale $112,500 -- $257 / 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
2024 $983 $100,000 $30,000 $70,000
2023 $1,043 $105,000 $6,400 $98,600
2022 $1,525 $107,000 $6,400 $100,600
2021 $1,338 $110,000 $6,400 $103,600
2020 $1,377 $100,000 $6,400 $93,600
2019 $1,336 $95,000 $6,400 $88,600
2018 $1,254 $89,500 $6,400 $83,100
2017 $1,116 $72,500 $6,400 $66,100
2016 $1,153 $72,500 $6,400 $66,100
2015 $1,002 $60,000 $6,400 $53,600
2014 -- $50,000 $6,400 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6361426

NorthstarMLS

APN: 28-029-24-44-0508