$295,000
SOLD NOV 15, 2024
2 Beds
2 Baths
1,272 Sq Ft
$1,303/mo HOA Fee

Recently Sold

$232 Per Sq Ft

6% Below List Price

48 Days on Market

Highlights

  • Sauna
  • Community Indoor Pool
  • Breakfast Area or Nook
  • 71,482 Sq Ft lot
  • Covered patio or porch
  • Community Garden

About This Home

As of November 2024

Welcome to the Falls and Pinnacle, a great opportunity for downtown living! Conveniently located right on the river near Saint Anthony Main, shops, restaurants, a grocery store and public transportation. The condo features granite counter tops and stainless steel appliances in the kitchen along with cherry cabinets. The living room features cherry flooring in great shape while the kitchen and bathroom flooring are all tiled. Both bedrooms have abundant closet space and balcony access for serene views from anywhere in the condo. One bedroom features high quality, built in shelves to display all of your books and collectibles! The building features so many amenities; a gym, yoga studio, pool, sauna, patio with grills, movie theater, business center, a party room and more. A rare opportunity for a Falls and Pinnacle condo that has 2 garage stalls. *The second garage stall has an assessed value of $20,500.* Garage stalls can be rented out.

Last Agent to Sell the Property

Drew Thompson

Century 21 Atwood Listed on: 09/05/2024

Last Buyer's Agent

Jorge Gualpa

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1983

HOA Fees

  • $1,303 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924210807

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,353

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,303 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1272
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1272
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: Indoor
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Nicollet Island - East Bank
  • PatioPorchType: Covered

Garage/Parking

  • Parking Features: Heated Garage, Underground
  • Garage Square Feet: 360

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 1303
  • Association: Yes
  • Amenities Unit: Balcony,Patio,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 71481.96
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924210807
  • Tax Annual Amount: 4353
  • TaxWithAssessments: 4352.6600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 15, 2024
Sold by
Reich Kelly and Ravely Sarah
Bought by
The Susan L Robinson Trust Agreement Da
Seller's Agent
Drew Thompson
Century 21 Atwood
Buyer's Agent
Jorge Gualpa
Real Broker, LLC
List Price
$314,900
Sold Price
$295,000
Premium/Discount to List
-$19,900
-6.32%
Views
16
Current Estimated Value
$299,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,568
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
May 15, 2019
Sold by
Heitman Henry Richard
Bought by
Reich Kelly Rae and Ravely Sarah Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,950
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2008
Sold by
Falls Pinnacle Llc
Bought by
Heitman Henry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,100
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Deed $295,000 --
Warranty Deed $314,352 Burnet Title
Warranty Deed $317,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,300 New Conventional
Previous Owner $150,950 New Conventional
Previous Owner $234,400 New Conventional
Previous Owner $238,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $295,000 -6.3% $232 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $314,900 -- $248 / 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 $3,443 $272,000 $14,000 $258,000
2022 $3,612 $296,000 $14,000 $282,000
2021 $3,581 $269,000 $14,000 $255,000
2020 $4,384 $275,500 $5,500 $270,000
2019 $4,516 $302,500 $5,500 $297,000
2018 $4,545 $302,500 $5,500 $297,000
2017 $4,327 $281,000 $5,500 $275,500
2016 $4,469 $281,000 $5,500 $275,500
2015 $4,066 $243,500 $5,500 $238,000
2014 -- $206,000 $5,500 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6597392

NorthstarMLS

APN: 23-029-24-21-0807