$164,900
SOLD SEP 14, 2015
-- Bed
1 Bath
537 Sq Ft
1.64 Acres

Recently Sold

$307 Per Sq Ft

27 Days on Market

Highlights

  • Beach View
  • Spa
  • Sauna
  • Building Security
  • River Front
  • 1.64 Acre Lot

About This Home

As of March 2021

Rare city-facing studio w/incredible views! High end finishes & in-unit laundry differentiate this riverside condo. Enjoy walking downtown, on river trails, & to 100+ restaurants, boutiques & grocery stores.

Last Agent to Sell the Property

Nate Roise

Rize Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1983

Lot Details

  • 1.64 Acre Lot
  • River Front
  • Irregular Lot

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Varies By Unit
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Parking Fee
  • Assigned Parking
  • Secure Parking

Property Views

  • Beach
  • River
  • City Lights

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1 Full Bathroom
  • 537 Sq Ft Home
  • Sauna
  • Home Gym
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • 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, hazard insurance, heating, outside maintenance, parking space, professional mgmt, sanitation, security staff, security system, shared amenities, snow/lawn care, water/sewer
  • Paradise & Associates Association
  • The Falls & Pinnacle Subdivision
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,711

Year Built

Built in 1983

Lot Details

0

HOA Fees

$311 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
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Coin-op Laundry Leased, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Hot Tub, Lawn Sprinkler, Other, Patio, Sauna, Security Building
  • Fuel Type: Other
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 537.00
  • Above Grade Finished Area Search: 537.00
  • Assessment Pending Y N: No
  • Association Management: Paradise & Associates
  • Management Company Phone: 651-699-5300
  • Carport Y N: No
  • Condo Approved Financing: NONE
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: G98
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10171
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 537.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2302924210824,2302924211022
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Other, Other Bldg Restrictions, Other Covenants, Pets - Breed Restriction, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Rental Restrictions May Apply
  • Water Body Name: Mississippi River
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Other
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Waterfront View: City Lights, East, Panoramic, River, South, West
  • PoolFeatures: Heated, Indoor, Shared

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Driveway - Concrete, Driveway - Shared, Garage Door Opener, Heated Garage, Insulated Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Secured, Units Vary

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Hazard Insurance, Heating, Other, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 311.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Exercise Room, Hot Tub, Sauna, Tile Floors, 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: No
  • Lot Size: Irregular
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 1.6410
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1486 THE FALLS AND PINNACLE PR UNIT NO P1507
  • Tax Amount: 1711.00
  • Tax Year: 2015
  • Tax With Assessments: 1711.00
  • 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
27
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

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $186,000 All American Title Co Inc
Warranty Deed $164,900 All American Title Co Inc
Warranty Deed $176,218 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,500 New Conventional
Previous Owner $140,950 Adjustable Rate Mortgage/ARM
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

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

Source: NorthstarMLS

MLS Number: NST4619264

NorthstarMLS

APN: 23-029-24-21-0824