$175,000
SOLD DEC 31, 2024
-- Bed
1 Bath
552 Sq Ft
$605/mo HOA Fee

Recently Sold

$317 Per Sq Ft

5% Below List Price

163 Days on Market

Highlights

  • Heated Pool
  • River View
  • Elevator
  • Sauna
  • Community Garden
  • Stainless Steel Appliances

About This Home

As of December 2024

UNBEATABLE views of the entire DT Mpls skyline, as well as the business and entertainment districts. Being located in historic Old Town, along the Mississippi river, means that you’ll enjoy all of the architectural charm and historical character of the city’s oldest neighborhood while being able to walk to everything the city has to offer. Cobblestone streets at RiverPlace, St. Anthony Main restaurants and movie theaters, East Hennepin retail shops, cafes, fine dining and nightspots. And even a Lunds grocery store. The lifestyle and convenience are priceless. The Falls Pinnacle building amenities allow for entertaining large groups of friends and family in style – without needing a large home. Enjoy two party rooms, a movie theater, 24/7 gym, indoor pool, sauna, steam room, hot tub, yoga studio and 3 large outdoor garden terraces. Underground parking includes free car wash. Perfect for a stylish pied-a-terre, a space-efficient home, or an easy rental property. See it today!

Last Agent to Sell the Property

Michael Peterson

Drive Results Realty Listed on: 06/11/2024

Last Buyer's Agent

Michael Peterson

Drive Results Realty Listed on: 06/11/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee

Property Views

  • River
  • City

Interior Spaces

  • 1 Full Bathroom
  • 552 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Home Security

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210795

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, security, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1486 The Falls & Pinnacle Pr Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,911

Year Built

Built in 1983

Lot Details

0

HOA Fees

$605 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Laundry, Coin-op Laundry Owned, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 552
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 552
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bathroom
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1

Exterior Features

  • PoolFeatures: Heated, Indoor, Shared
  • Fencing: None
  • View: City Lights, East, Panoramic, River, South
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Nicollet Island - East Bank
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Other
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 605
  • Association: Yes
  • Amenities Unit: Balcony,City View,Exercise Room,Hardwood Floors,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Panoramic View,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: IRREGULAR
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels Description: 2302924210940
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2302924210795
  • Tax Annual Amount: 1911
  • TaxWithAssessments: 1911.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Dec 26, 2024
Sold by
Lanz Frederick and Lanz Barbara
Bought by
Seme Legacy Llc
Seller's Agent
Michael Peterson
Drive Results Realty
Sold Price
$1,350
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.03%

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 26, 2023
Sold by
Lanz Frederick H and Lanz Barbara A
Bought by
Lanz Frederick H and Lanz Barbara A
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.30%

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 27, 2023
Sold by
Wolff Zach
Bought by
Lanz Frederick and Lanz Barbara
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$187,000
Sold Price
$187,000

Purchase Details

Closed on
Jul 14, 2021
Sold by
Kershner Hugh Morrison and Kershner Marion R
Bought by
Wolff Zach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Bartholow Dennis John and Meuwissen Shane Mica
Bought by
Kershner Hugh Morrison and Kershner Marion R

Purchase Details

Closed on
Sep 29, 2006
Sold by
Falls Pinnacle Llc
Bought by
Bartholow Dennis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 All American Title Company
Warranty Deed $175,000 All American Title Company
Deed -- None Listed On Document
Warranty Deed $187,000 All American Title
Warranty Deed $186,000 First American Title Ins Co
Warranty Deed $158,000 All American Title Co Inc
Warranty Deed $141,900 --
Deed $186,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $167,400 New Conventional
Previous Owner $137,600 Adjustable Rate Mortgage/ARM
Closed $162,592 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Rent $1,495 +10.7% --
01/22/2025 01/22/25 Rented $1,350 0.0% --
01/08/2025 01/08/25 For Rent $1,350 0.0% --
12/31/2024 12/31/24 Sold $175,000 -2.7% $317 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $179,900 -2.8% $326 / Sq Ft
06/11/2024 06/11/24 For Sale $185,000 -1.1% $335 / Sq Ft
06/28/2023 06/28/23 Sold $187,000 0.0% $339 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $187,000 -- $339 / 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 $1,643 $146,000 $6,000 $140,000
2022 $1,550 $146,000 $6,000 $140,000
2021 $1,618 $133,000 $6,000 $127,000
2020 $1,928 $121,000 $1,800 $119,200
2019 $1,986 $133,000 $1,800 $131,200
2018 $1,998 $133,000 $1,800 $131,200
2017 $1,825 $118,500 $1,800 $116,700
2016 $1,885 $118,500 $1,800 $116,700
2015 $1,720 $103,000 $1,800 $101,200
2014 -- $87,000 $1,800 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6549340

NorthstarMLS

APN: 23-029-24-21-0795