NOT LISTED FOR SALE

Estimated Value: $198,000 - $246,000

1 Bed
1 Bath
813 Sq Ft
$745/mo HOA Fee

Last Sold October 31, 2023

Last sale price $215,000 $264 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,232/month

50 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Corner Lot
  • Sauna
  • 71,482 Sq Ft lot
  • Elevator

About This Home

As of October 2023

Don’t miss this top floor unit with panoramic views of Northeast Minneapolis and the Mississippi river. Enjoy privacy as only 1 of 5 units on the 28th floor of the Falls Pinnacle condo building. Newly finished balcony is unique with no overhead obstruction and custom all-weather patio furniture. Open floor plan has large windows for ample natural light and a custom built fireplace in the living room. The spacious bedroom fits a king bed, easily converts into an office, and has a walk-in closet. Heated parking spot with unit. Enjoy updated amenities: indoor pool, sauna, steam room, gym, multiple party rooms, theater, and outdoor terraces with grills, seating and more. Building is steps away from restaurants, shops, the Mississippi river, and downtown Minneapolis. Schedule a showing today to see all this unit and building has to offer!

Rebecca Huft

Edina Realty, Inc. Listed on: 09/06/2023

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1983

Lot Details

  • 1.64

HOA Fees

  • $745 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Insulated Garage

Property Views

  • River
  • City

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Patio

Additional Features

  • Irregular Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924210895

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, gas, hazard insurance, heating, ground maintenance, parking, professional mgmt, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 623-4028
  • High-Rise Condominium
  • Cic 1486 The Falls & Pinnacle Pr Subdivision

Amenities

  • Elevator

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,824

Year Built

Built in 1983

Lot Details

0

HOA Fees

$745 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Laundry, Deck, Elevator(s), Spa/Hot Tub, Lobby Entrance, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 813
  • 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, Water Osmosis System, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Electric
  • Living Area: 813
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Bedroom 1, Kitchen
  • Shared Rooms: Amusement/Party Room,Business Center,Club House,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • View: River
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Nicollet Island - East Bank
  • PatioPorchType: Patio
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Insulated Garage, Parking Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Gas, Hazard Insurance, Heating, Maintenance Grounds, Parking, Professional Mgmt, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-623-4028
  • Association Fee: 745
  • Association: Yes
  • Amenities Unit: Balcony,City View,Primary Bedroom Walk-In Closet,Panoramic View

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 71481.96
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924210895
  • Tax Annual Amount: 2824
  • TaxWithAssessments: 2824.0000

Multi Family

  • WaterfrontFeatures: River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 31, 2023
Sold by
Hohl Benjamin and Hohl Kirsten
Bought by
Wellumson Benjamin and Wellumson Pamela
Buyer's Agent
Rebecca Huft
Edina Realty, Inc.
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%
Total Days on Market
50
Views
139
Current Estimated Value
$228,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,143
Avg. Annual Appreciation
3.98%

Purchase Details

Listed on
Dec 28, 2018
Closed on
Apr 26, 2019
Sold by
Lessard Jeffrey T
Bought by
Kruse Kirsten and Hohl Benjamin
Seller's Agent
Michael Peterson
Drive Results Realty
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$156,800
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2015
Closed on
Oct 29, 2015
Sold by
Donald Michelle L and Donald Kay A
Bought by
Donna L Lessard Trust and Jeffrey T Lessard Trust
Seller's Agent
Cindy Carlson
Edina Realty, Inc.
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
Aug 21, 2007
Sold by
Falls/Pinnacle Llc
Bought by
Donald Michelle L and Donald Kay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.72%
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
Wellumson Benjamin $215,000 Network Title
Kruse Kirsten $98,000 All American Title Co Inc
Kruse Kirsten $98,000 All American Title Co Inc
Donna L Lessard Trust $185,000 All American Title Company
Donald Michelle L $185,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hohl Benjamin $155,000
Previous Owner Kruse Kirsten $156,800
Previous Owner Donald Michelle L $62,000
Previous Owner Donald Michelle L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $215,000 -6.5% $264 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $229,900 -4.2% $283 / Sq Ft
09/06/2023 09/06/23 For Sale $240,000 +22.4% $295 / Sq Ft
04/26/2019 04/26/19 Sold $196,000 0.0% $241 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/11/2019 01/11/19 Off Market $196,000 -- --
12/28/2018 12/28/18 For Sale $199,900 +8.1% $246 / Sq Ft
10/29/2015 10/29/15 Sold $185,000 -5.1% $228 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $194,900 +5.4% $240 / Sq Ft
07/21/2015 07/21/15 Off Market $185,000 -- --
07/20/2015 07/20/15 For Sale $194,900 -- $240 / Sq Ft
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 $2,659 $218,000 $9,000 $209,000
2022 $2,659 $228,000 $9,000 $219,000
2021 $2,318 $207,000 $9,000 $198,000
2020 $2,811 $191,000 $2,700 $188,300
2019 $3,135 $210,000 $2,700 $207,300
2018 $3,155 $210,000 $2,700 $207,300
2017 $2,941 $191,000 $2,700 $188,300
2016 $2,907 $191,000 $2,700 $188,300
2015 $2,611 $165,500 $2,700 $162,800
2014 -- $140,000 $2,700 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6428416

NorthstarMLS

APN: 23-029-24-21-0895