NOT LISTED FOR SALE

Estimated Value: $202,000 - $242,000

1 Bed
1 Bath
916 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $204,000 $223 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,075/month

48 Days on Market

Highlights

  • 1.64 Acre Lot
  • Subterranean Parking
  • Forced Air Heating and Cooling System
  • Community Indoor Pool
  • 1 Car Attached Garage
  • Heated Garage

About This Home

As of May 2020

Rare corner unit opportunity in the Pinnacle! This centrally located 1bed/1bath condo features some of the best views in the city overlooking Minneapolis and the Mississippi River. Not only does this home have a spacious balcony to take in sunsets from but you will also enjoy breathtaking vistas from every room of this residence in the sky. Amenity loaded building in one of the best neighborhoods in Minneapolis. Pool, workout area, billiards room and rooftop deck are only some of the features in this gem. Please see MatterPort Virtual tour Link prior to booking a showing.

Last Listed By

Mike Seebinger

DRG Listed on: 03/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1983

Lot Details

  • 1.64

HOA Fees

  • $693 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 1.64 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924210835

Community Details

Overview

  • Association fees include air conditioning, building exterior, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security staff, security system, shared amenities, snow removal, snow/lawn care, water/sewer
  • First Service Residential Association
  • Falls Pinnacle Subdivision

Recreation

  • Community Indoor Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,135

Year Built

Built in 1983

Lot Details

0

HOA Fees

$693 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
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 916.00
  • Above Grade Finished Area Search: 916.00
  • Above Grade Finished Sq Ft: 916.00
  • Assessment Pending Y N: No
  • 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
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5027
  • Listing Organization: Iowa
  • Living Area Finished: 916.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 916.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2302924210835
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room
  • Basement: None
  • Living Area: 916.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: Indoor, Shared

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Underground Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Hazard Insurance, Heating, Outside Maintenance, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow Removal, Snow/Lawn Care, Water/Sewer
  • Association Fee: 693.00

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: No
  • 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 P1609
  • Tax Amount: 3135.00
  • Tax Year: 2019
  • Tax With Assessments: 3135.00
  • Assessor Parcel Number: 2302924210835

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 22, 2020
Sold by
Zhai Antonia B and Owen David
Bought by
Ingebritson Elaine Vivian and Ingebritson Roger Dean
Seller's Agent
Mike Seebinger
DRG
List Price
$204,000
Sold Price
$204,000
Total Days on Market
48
Current Estimated Value
$221,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,484
Avg. Annual Appreciation
1.67%
Original Mortgage
$163,200
Outstanding Balance
$146,502
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$74,982

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
Ingebritson Elaine Vivian $204,000 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingebritson Elaine Vivian $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $204,000 0.0% $223 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $204,000 0.0% $223 / Sq Ft
01/13/2018 01/13/18 Rented $1,500 -6.0% --
10/27/2017 10/27/17 Price Changed $1,595 -5.9% $2 / Sq Ft
10/23/2017 10/23/17 For Rent $1,695 +17.7% --
12/06/2014 12/06/14 Rented $1,440 -15.0% --
11/06/2014 11/06/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $1,695 -- --
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 $2,467 $189,000 $11,000 $178,000
2022 $2,647 $205,000 $11,000 $194,000
2021 $2,555 $191,000 $11,000 $180,000
2020 $3,044 $191,000 $3,000 $188,000
2019 $3,135 $210,000 $3,000 $207,000
2018 $3,155 $210,000 $3,000 $207,000
2017 $2,979 $193,500 $3,000 $190,500
2016 $3,077 $193,500 $3,000 $190,500
2015 $2,494 $167,500 $3,000 $164,500
2014 -- $142,000 $3,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5433501

NorthstarMLS

APN: 23-029-24-21-0835