20 2nd St NE Unit P406 Minneapolis, MN 55413
Nicollet Island NeighborhoodEstimated Value: $114,000 - $128,000
--
Bed
1
Bath
400
Sq Ft
$312/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Sauna
- Community Garden
- River Front
- 71,482 Sq Ft lot
- Elevator
About This Home
As of February 2023Motivated seller!!! Come see this gorgeous studio in NorthEast Minneapolis, it's modern and chic, truly a work of art. The building has recently gone through a multi-million dollar remodel with more improvements coming. The $17,000 remodel assessment on the unit has been paid off, bringing down the HOA fees. Some of the perks include a front desk person 24/7, a phone-accessible package room, and dry cleaning pick up, pool, fitness room, and many more. Just steps from the building are restaurants, boutique stores, Lunds and a walking path next to the Mississippi river. Easy access to the vibrant Minneapolis Arts District. Come see this stunning unit at an amazing price that is cheap before it’s gone! The seller is motivated to sell so bring all offers!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $646
Year Built
- Built in 1983
Lot Details
- 1.64
HOA Fees
- $312 Monthly HOA Fees
Home Design
- Studio
- Flat Roof Shape
Interior Spaces
- 1 Full Bathroom
- 400 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Sauna
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Home Security
Parking
- Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Fee
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Additional Features
- Heated In Ground Pool
- River Front
Listing and Financial Details
- Assessor Parcel Number 2302924210734
Community Details
Overview
- Association fees include air conditioning, maintenance structure, heating, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- Paradise & Associates Association, Phone Number (651) 699-5300
- High-Rise Condominium
- Falls Pinnacle Condominiums Subdivision
- Car Wash Area
Amenities
- Community Garden
- Coin Laundry
- Elevator
Recreation
- Community Indoor Pool
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2023
Sold by
Simmons Kristina R
Bought by
Birkeli Joseph Charles
Total Days on Market
20
Current Estimated Value
Purchase Details
Listed on
Jan 3, 2023
Closed on
Feb 23, 2023
Sold by
Simmons Kristina R
Bought by
Birkeli Joseph Charles
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Purchase Details
Listed on
Jun 30, 2015
Closed on
Aug 31, 2015
Sold by
P406 Llc
Bought by
Simmons Kristina R
Seller's Agent
Nate Roise
Rize Realty
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$76,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 30, 2015
Closed on
Aug 28, 2015
Sold by
Morris Dave
Bought by
P406 Llc
Seller's Agent
Nate Roise
Rize Realty
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2014
Sold by
Morris Dave
Bought by
P406 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 1, 2014
Sold by
Peterson Michael W and Peterson Colleen E
Bought by
Morris Dave
Purchase Details
Closed on
Dec 3, 2013
Sold by
Peterson Michael W
Bought by
Wells Fargo Bank Na and Norwest Bank Minnesota Na
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Birkeli Joseph Charles | $112,000 | None Listed On Document | |
| Birkeli Joseph Charles | $112,000 | -- | |
| Simmons Kristina R | $95,000 | Burnet Title | |
| P406 Llc | $80,000 | Burnet Title | |
| P406 Llc | $80,000 | None Available | |
| Morris Dave | -- | None Available | |
| Wells Fargo Bank Na | $72,830 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Simmons Kristina R | $76,000 | |
| Previous Owner | P406 Llc | $65,000 | |
| Previous Owner | Peterson Michael W | $10,000 | |
| Previous Owner | Peterson Michael W | $62,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $112,000 | -6.6% | $280 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/09/2023 01/09/23 | Price Changed | $119,900 | -7.7% | $300 / Sq Ft |
| 01/03/2023 01/03/23 | For Sale | $129,900 | +36.7% | $325 / Sq Ft |
| 08/31/2015 08/31/15 | Sold | $95,000 | -4.9% | $247 / Sq Ft |
| 07/28/2015 07/28/15 | Pending | -- | -- | -- |
| 06/30/2015 06/30/15 | For Sale | $99,900 | -- | $260 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $902 | $95,000 | $4,000 | $91,000 |
| 2022 | $646 | $95,000 | $4,000 | $91,000 |
| 2021 | $575 | $73,000 | $4,000 | $69,000 |
| 2020 | $687 | $66,500 | $1,200 | $65,300 |
| 2019 | $714 | $73,000 | $1,200 | $71,800 |
| 2018 | $710 | $73,000 | $1,200 | $71,800 |
| 2017 | $733 | $73,000 | $1,200 | $71,800 |
| 2016 | $1,161 | $73,000 | $1,200 | $71,800 |
| 2015 | $1,060 | $63,500 | $1,200 | $62,300 |
| 2014 | -- | $53,500 | $1,200 | $52,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Abdel
Seller's Agent in 2023
Mark Abdel
RE/MAX Advantage Plus
(651) 283-8251
3 in this area
752 Total Sales
-
Nate Roise
Seller's Agent in 2015
Nate Roise
Rize Realty
(612) 293-6283
1 in this area
50 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6320021
APN: 23-029-24-21-0734
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