NOT LISTED FOR SALE

Estimated Value: $315,547 - $477,000

2 Beds
2 Baths
1,270 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $300,000 $236 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,094/month

Highlights

  • Subterranean Parking
  • Forced Air Heating and Cooling System
  • Heated Garage

About This Home

As of October 2015

Sold Pre MLS

Last Listed By

Joe Grunnet

DRG Listed on: 09/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1983

Lot Details

  • 1.64

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • 1,270 Sq Ft Home
  • Property Attached
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 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
  • Paradise & Associates Association
  • Falls Pinnacle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302924210888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1983

Lot Details

0

HOA Fees

$623 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
  • Above Grade Finished Sq Ft: 1270.00
  • Above Grade Finished Area Search: 1270.00
  • Assessment Pending Y N: No
  • Association Management: Paradise & Associates
  • Management Company Phone: 651-699-5300
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5027
  • Listing Organization: Iowa
  • Living Area Finished: 1270.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2302924210888
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: 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, Parking Space, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care
  • Association Fee: 623.00

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 Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1486 THE FALLS AND PINNACLE PR UNIT NO P2605
  • Tax Amount: 4475.00
  • Tax Year: 2015
  • Tax With Assessments: 4475.00
  • Assessor Parcel Number: 2302924210888

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
Sep 24, 2015
Closed on
Oct 9, 2015
Sold by
Thomas Varkie C
Bought by
Sullivan Scott Q
Seller's Agent
Joe Grunnet
DRG
List Price
$300,000
Sold Price
$300,000
Total Days on Market
0
Current Estimated Value
$384,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,637
Avg. Annual Appreciation
2.63%
Original Mortgage
$255,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Falls Pinnacle Llc
Bought by
Thomas Varkie C

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 Buyer Sale Price Title Company
Sullivan Scott Q $300,000 Titlenexus Llc
Thomas Varkie C $309,896 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Scott Q $273,750
Closed Sullivan Scott Q $273,750
Closed Sullivan Scott Q $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $300,000 0.0% $236 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $300,000 0.0% $236 / Sq Ft
09/01/2014 09/01/14 Rented $2,100 -4.3% --
08/02/2014 08/02/14 Under Contract -- -- --
08/01/2014 08/01/14 For Rent $2,195 0.0% --
09/01/2013 09/01/13 Rented $2,195 0.0% --
08/02/2013 08/02/13 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $2,195 +10.0% --
07/26/2012 07/26/12 Rented $1,995 0.0% --
07/26/2012 07/26/12 For Rent $1,995 -- --
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 $4,056 $317,000 $14,000 $303,000
2022 $4,203 $338,000 $14,000 $324,000
2021 $4,267 $310,000 $14,000 $296,000
2020 $5,133 $326,000 $5,100 $320,900
2019 $5,288 $358,500 $5,100 $353,400
2018 $4,939 $358,500 $5,100 $353,400
2017 $4,640 $309,500 $5,100 $304,400
2016 $4,793 $309,500 $5,100 $304,400
2015 $4,475 $268,000 $5,100 $262,900
2014 -- $227,000 $5,100 $221,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4647909

NorthstarMLS

APN: 23-029-24-21-0888