$163,000
SOLD MAY 23, 2024
-- Bed
1 Bath
581 Sq Ft
$657/mo HOA Fee

Recently Sold

$281 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Heated Pool
  • River View
  • Community Garden
  • Sauna
  • Living Room with Fireplace
  • Elevator

About This Home

As of May 2024

Huge Falls Pinnacle corner studio on 17th floor. Custom floorplan. No common walls with any neighbor. Floor to ceiling glass doors lead to private balcony. Loads of natural sunlight from 2 extra sets of windows. Fabulous unobstructed views of the new Northeast skyline, with modern luxury highrises and hundred-year-old historic charm. Tons of storage. Walk-in closet big enough for a bed. Building has COMPLETE set of amenities including deeded, secure indoor parking, 24/7 gym, indoor pool, sauna, steam, hot tub, yoga, party room, lounge, library, movie theater, and 3 large sundecks on garden terraces. Private, secure, pet-friendly. Plus, PRIME East Hennepin neighborhood along the cobblestone streets of St Anthony Main, Riverplace, the Mississippi River and Nicollet Island. Enjoy iconic shops like Surdyks, Kramarczuks, Nyes, Lunds, Sonder Shaker, Curry Corner, Flamin’ Thai, Punch Pizza, Chipotle, FRGMT Coffee, Aster Café and so many more. Rent it to others, or buy for your own fun!

Last Agent to Sell the Property

Michael Peterson

Drive Results Realty

Last Buyer's Agent

Michael Peterson

Drive Results Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $657 Monthly HOA Fees

Parking

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

Property Views

  • River
  • City

Interior Spaces

  • 1 Full Bathroom
  • 581 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Utility Room Floor Drain
  • Washer and Dryer Hookup
  • Sauna

Kitchen

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

Home Security

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210837

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,121

Year Built

Built in 1983

Lot Details

0

HOA Fees

$657 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, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 581
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Living Room
  • Living Area: 581
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen
  • 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: East, North, Panoramic, River, West
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Nicollet Island - East Bank
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Secured, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • 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, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 657
  • Association: Yes
  • Amenities Unit: Balcony,City View,Exercise Room,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Tile Floors,Washer/Dryer Hookup,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: 2302924210987
  • 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: 2302924210837
  • Tax Annual Amount: 2121
  • TaxWithAssessments: 2121.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 16, 2024
Sold by
Leaseways Inc A Minnesota Corporation
Bought by
Rawson Laura
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%
Total Days on Market
10
Views
14
Current Estimated Value
$162,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$529
Avg. Annual Appreciation
-0.34%

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 4, 2022
Sold by
Olson Derek and Anderson Leah
Bought by
Leaseways Inc
Seller's Agent
Andrew Heairet
Bridge Realty, LLC
Buyer's Agent
Jonathan Liu
JL Elite Realty
List Price
$194,900
Sold Price
$194,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.01%

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 1, 2022
Sold by
Olson Derek John and Anderson Leah
Bought by
Leaseways Inc
Seller's Agent
Andrew Heairet
Bridge Realty, LLC
Buyer's Agent
Jonathan Liu
JL Elite Realty
List Price
$194,900
Sold Price
$194,900

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 24, 2019
Sold by
Strubel Joseph J and Strubel Susan L
Bought by
Olson Derek John
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Brandon Meder
Engel & Volkers Minneapolis Downtown
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$151,905
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Aug 27, 2013
Sold by
Redson Christine J
Bought by
Strubel Joseph J and Strubel Susan L
Seller's Agent
Malinda Launert
Coldwell Banker Realty
List Price
$105,000
Sold Price
$112,000
Premium/Discount to List
$7,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$89,600
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hubred Christine J
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2005
Sold by
Falls Pinnacle Llc
Bought by
Hubred Christine J and Spindle Pamela

Map

Range of Values:

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Average Value
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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
Deed $163,000 --
Deed $194,900 --
Warranty Deed $194,841 Lake Title
Warranty Deed $159,900 All American Title Co
Warranty Deed $112,000 Trademark Title Services Inc
Sheriffs Deed $96,607 None Available
Warranty Deed $145,433 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,905 New Conventional
Previous Owner $89,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $163,000 -4.1% $281 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $169,900 -12.8% $292 / Sq Ft
04/04/2022 04/04/22 Sold $194,900 0.0% $335 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/19/2022 03/19/22 Off Market $194,900 -- --
03/17/2022 03/17/22 For Sale $194,900 +21.9% $335 / Sq Ft
10/24/2019 10/24/19 Sold $159,900 0.0% $275 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/10/2019 09/10/19 Off Market $159,900 -- --
08/01/2019 08/01/19 For Sale $159,900 +42.8% $275 / Sq Ft
09/17/2013 09/17/13 Sold $112,000 +6.7% $193 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $105,000 -- $181 / 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 $1,997 $153,000 $7,000 $146,000
2022 $2,023 $161,000 $7,000 $154,000
2021 $1,899 $146,000 $7,000 $139,000
2020 $2,261 $142,000 $2,000 $140,000
2019 $2,329 $156,000 $2,000 $154,000
2018 $2,193 $156,000 $2,000 $154,000
2017 $1,979 $128,500 $2,000 $126,500
2016 $1,956 $123,000 $2,000 $121,000
2015 $1,778 $106,500 $2,000 $104,500
2014 -- $96,000 $2,000 $94,000
Source: Public Records

Source: NorthstarMLS

MLS Number: 6482904

NorthstarMLS

APN: 23-029-24-21-0837