NOT LISTED FOR SALE

Estimated Value: $157,418 - $222,000

-- Bed
1 Bath
537 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $186,000 $346 Per Sq Ft

Current estimated payment $1,631/month

13 Days on Market

Highlights

  • Beach View
  • Heated In Ground Pool
  • Sauna
  • Building Security
  • River Front
  • 1.64 Acre Lot

About This Home

As of March 2021

Falls Pinnacle studio with fabulous full view of the Downtown Minneapolis skyline and river. Maple cabinets, granite counters, stainless steel appliances, and TWO large closets. This is the only studio with a DT view and in-unit washer/dryer. Deeded parking is #G55. Pet friendly! Most amenities in all DT. 24/7 gym, indoor pool, sauna, steam room, hot tub, yoga studio, party room, movie theater and 3 large garden terraces. Your new home is located just steps from St Anthony Main/Riverplace. Walk to 100 shops. Buy it just for fun or rent it out as an investment. This is the life!

Last Listed By

Michael Peterson

Drive Results Realty Listed on: 01/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1983

Lot Details

  • 1.64 Acre Lot
  • River Front
  • Irregular Lot
  • Few Trees

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee
  • Assigned Parking
  • Secure Parking

Property Views

  • Beach
  • River
  • Panoramic
  • City Lights

Home Design

  • Property Attached
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1 Full Bathroom
  • 537 Sq Ft Home
  • 1-Story Property
  • Utility Room Floor Drain
  • Sauna
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210824

Community Details

Overview

  • Association fees include air conditioning, building exterior, heating, lawn care, outside maintenance, parking space, professional mgmt, sanitation, security staff, security system, shared amenities, snow removal, snow/lawn care, water/sewer
  • First Service Residential Association
  • Cic 1486 The Falls & Pinnacle Subdivision
  • Car Wash Area
  • Property is near a preserve or public land

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1983

Lot Details

0

HOA Fees

$436 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Coin-op Laundry Owned, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Hot Tub, In-Ground Sprinkler System, Patio, Sauna, Security Building
  • Fuel Type: Other
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 537.00
  • Above Grade Finished Area Search: 537.00
  • Above Grade Finished Sq Ft: 537.00
  • Assessment Pending Y N: Yes
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: G55
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 9812
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 537.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 537.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2302924210824,2302924210979
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed
  • Stories Type: One
  • Water Body Name: Mississippi River
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Business Center, Community Room, Exercise Room, Media Room, Sun Room
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 537.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Roof: Flat
  • Waterfront View: City Lights, East, Panoramic, River, South
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Floor Drain, Garage Door Opener, Heated Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Secured

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Heating, Lawn Care, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow Removal, Snow/Lawn Care, Water/Sewer
  • Association Fee: 436.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, City View, Indoor Sprinklers, Master Bedroom Walk-In Closet, Panoramic View, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Assessment Pending: Yes
  • Lot Size: IRREGULAR
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot, Property Adjoins Public Land, Public Transit (w/in 6 blks), Tree Coverage - Light
  • Lot Size Acres: 1.6410
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Brick, Concrete
  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1486 THE FALLS AND PINNACLE PR UNIT NO P1507 & G55
  • Tax Amount: 2335.00
  • Tax Year: 2021
  • Tax With Assessments: 2335.00
  • Assessor Parcel Number: 2302924210824

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: River Front, River View

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 15, 2021
Sold by
D P Mac Investments Llc
Bought by
Whitacre Mark E
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%
Total Days on Market
13
Current Estimated Value
$185,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$895
Avg. Annual Appreciation
0.44%
Original Mortgage
$139,500
Outstanding Balance
$128,465
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$60,964

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 14, 2015
Sold by
Nguyen Abble C
Bought by
D P Mac Investments Llc
Seller's Agent
Nate Roise
Rize Realty
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Falls Pinnacle Llc
Bought by
Nguyen Abbie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,950
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Minneapolis, MN

  • 3046 Lake Shore Dr Unit A, Minneapolis, MN 55416

    $199,990

    • 1 Bed
    • 1 Bath
    • 763 Sq Ft
    • 3046 Lake Shore Dr
    • Unit A
    • Minneapolis, MN

    Turn key end unit that's ready to go! Freshly painted throughout with many features that include - Updated kitchen with quartz countertops, wood burning fireplace, central A/C, attached garage, two private decks (rooftop and off the kitchen), private laundry, separate storage room and plenty of guest parking. Close to lakes, trails, parks, numerous restaurants, shopping, light rail and More!

    Anthony Oliveri Coldwell Banker Realty

    Section Image
  • 3335 Nevada Ave N Unit 3502, Minneapolis, MN 55427

    $159,900

    • 2 Beds
    • 1 Bath
    • 872 Sq Ft
    • 3335 Nevada Ave N
    • Unit 3502
    • Minneapolis, MN

    Quiet & convenient location Close to parks schools & shoppingMain floor unit means YourNO STEP living convenience2 Br unit w/Open & Bright Living Rm Kitchen areas Sliding door off Dining Rm. to Large Porch/Deck Overlooks quiet shaded north facing Large green common areaAll appliances included Plus in unit Washer/ Dryer spaceSpacious kitchen w/ breakfast bar Tiled Dining Rm Plenty of CounterTop &

    David Saline Counselor Realty, Inc

    Section Image

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
Whitacre Mark E $186,000 All American Title Co Inc
D P Mac Investments Llc $164,900 All American Title Co Inc
Nguyen Abbie C $176,218 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitacre Mark E $139,500
Previous Owner Nguyen Abbie C $140,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $186,000 0.0% $346 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/03/2021 02/03/21 Off Market $186,000 -- --
01/30/2021 01/30/21 For Sale $199,900 +21.2% $372 / Sq Ft
09/14/2015 09/14/15 Sold $164,900 0.0% $307 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $164,900 -- $307 / 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 $2,023 $155,000 $6,000 $149,000
2022 $1,968 $156,000 $6,000 $150,000
2021 $1,732 $142,000 $6,000 $136,000
2020 $2,065 $129,500 $1,800 $127,700
2019 $2,127 $142,500 $1,800 $140,700
2018 $2,141 $142,500 $1,800 $140,700
2017 $1,932 $125,500 $1,800 $123,700
2016 $1,954 $143,000 $1,800 $141,200
2015 $1,711 $124,000 $1,800 $122,200
2014 -- $105,000 $1,800 $103,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: NST5706666

NorthstarMLS

APN: 23-029-24-21-0824