NOT LISTED FOR SALE

Estimated Value: $305,026 - $357,000

2 Beds
2 Baths
1,271 Sq Ft
$1,059/mo HOA Fee

Last Sold September 07, 2022

Last sale price $360,000 $283 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,123/month

Highlights

  • Heated In Ground Pool
  • River View
  • Elevator
  • Sauna
  • Community Garden
  • Stainless Steel Appliances

About This Home

As of September 2022

Falls Pinnacle with full DT Mpls skyline view from 18th floor! Most favored 2 bedroom floor plan with an ideal layout, best view, and most natural light. In-unit washer and dryer. Enjoy 24-hour gym, indoor pool, yoga studio, sauna, steam room, party room, biz center. Riverfront neighborhood offers retail, cafes, bars, fine dining, nightspots and cobblestone streets. Secure and private, with underground parking included.

Last Listed By

Michael Peterson

Drive Results Realty Listed on: 08/26/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $1,059 Monthly HOA Fees

Parking

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

Property Views

  • River
  • City

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210842

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, heating, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Falls Pinnacle Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,865

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,059 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, Coin-op Laundry Owned, 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: 1271
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1271
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • View: City Lights, East, Panoramic, River, South
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Nicollet Island - East Bank
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Assigned/1 Space, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Parking Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Secured, Underground

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, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 1059
  • Association: Yes
  • Amenities Unit: Balcony,City View,Indoor Sprinklers,Panoramic View,Tile Floors,Washer/Dryer Hookup

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
  • Lot Size Sq Ft: 1263.24
  • Land Lease: No
  • Additional Parcels Description: 2302924211040
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302924210842
  • Tax Annual Amount: 3865
  • TaxWithAssessments: 3865.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 7, 2022
Sold by
Mead Ronald
Bought by
Mead Revocable Trust
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$360,000
Sold Price
$360,000
Total Days on Market
0
Current Estimated Value
$331,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,993
Avg. Annual Appreciation
-3.11%

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 2, 2022
Sold by
Davis Susan and Davis Brian
Bought by
Mead Ronald
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Michael Peterson
Drive Results Realty
List Price
$360,000
Sold Price
$360,000

Purchase Details

Closed on
May 27, 2014
Sold by
Storm James H and Storm Karen J
Bought by
Davis Susan and Davis Brian

Purchase Details

Closed on
Sep 9, 2005
Sold by
Falls Pinnacle Llc
Bought by
Storm James H and Storm Candace K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.01%
Mortgage Type
New Conventional

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
Mead Revocable Trust $360,000 All American Commercial Title
Mead Ronald $360,000 All American Title Company
Davis Susan $305,500 Titlenexus Llc
Storm James H $333,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Storm James H $266,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $360,000 0.0% $283 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $360,000 0.0% $283 / Sq Ft
08/27/2018 08/27/18 Rented $2,250 +4.7% --
08/12/2018 08/12/18 Price Changed $2,150 +2.4% $2 / Sq Ft
08/03/2018 08/03/18 For Rent $2,100 -- --
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 $3,681 $282,000 $14,000 $268,000
2022 $3,581 $282,000 $14,000 $268,000
2021 $3,436 $268,500 $14,000 $254,500
2020 $4,140 $268,500 $5,500 $263,000
2019 $4,266 $295,000 $5,500 $289,500
2018 $4,290 $295,000 $5,500 $289,500
2017 $4,076 $275,500 $5,500 $270,000
2016 $4,381 $275,500 $5,500 $270,000
2015 $3,779 $239,000 $5,500 $233,500
2014 -- $230,500 $5,500 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6247463

NorthstarMLS

APN: 23-029-24-21-0842