20 2nd St NE Unit P706 Minneapolis, MN 55413
Nicollet Island NeighborhoodEstimated Value: $220,000 - $266,000
1
Bed
1
Bath
859
Sq Ft
$730/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Sauna
- 71,482 Sq Ft lot
- River Front
- City View
- Deck
About This Home
As of June 2022Enjoy stunning skyline views from this updated 1 bedroom at Falls Pinnacle. This 7th floor unit features white enameled cabinets, silestone countertops w/ white subway tile backsplash, higher-end kitchen appliances, smooth ceilings, and beautiful wood laminate floors. Plus in-unit laundry which is a rarity at this building! The spacious bedroom has two closets each with updated shelving and organizers. Huge private balcony has room for outdoor furniture/table set and offers prime downtown views (and front row seat to July 4th fireworks)! Open concept kitchen and living allows for a variety of furniture setups with space for dining and work. Unit comes with 1 assigned stall in attached garage. The Falls Pinnacle common areas, amenities and garage have been transformed and modernized through a multi-year project that was recently completed. A final balcony project is currently underway. Dues include everything (including internet, cable and parking) but electricity. Ideal NE location!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,688
Year Built
- Built in 1983
Lot Details
- River Front
- Zero Lot Line
- Additional Parcels
HOA Fees
- $730 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 859 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- City Views
Kitchen
- Eat-In Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924210760
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
- Firstservice Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1486 The Falls & Pinnacle Subdivision
Amenities
- Elevator
Recreation
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 30, 2022
Sold by
Schmitgen and Stephanie
Bought by
Rekstad David Jon
Seller's Agent
Eric Solberg
eXp Realty
Buyer's Agent
David Garves
eXp Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,219
Avg. Annual Appreciation
-0.58%
Original Mortgage
$223,000
Outstanding Balance
$213,940
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$36,841
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 29, 2022
Sold by
Schmitgen Jamie and Schmitgen Stephanie
Bought by
Rekstad David
Seller's Agent
Eric Solberg
eXp Realty
Buyer's Agent
David Garves
eXp Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Outstanding Balance
$213,940
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$36,841
Purchase Details
Listed on
Feb 6, 2018
Closed on
Apr 16, 2018
Sold by
Sheehan Lauren J
Bought by
Schmitgen Jamie and Schmitgen Stephanie
Seller's Agent
Pamela Sheehan
Fazendin REALTORS
List Price
$239,000
Sold Price
$236,000
Premium/Discount to List
-$3,000
-1.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$188,800
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2017
Sold by
Grisard Christine and Grisard Errol F
Bought by
Sheehan Lauren J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2011
Sold by
Grisard Christine and Rhody Jeffrey
Bought by
Grisard Christine and Grisard Errol F
Purchase Details
Closed on
Apr 15, 2010
Sold by
Aurora Loan Services
Bought by
Grisard Christine and Rhody Jeffrey
Purchase Details
Closed on
Feb 13, 2007
Sold by
Falls/Pinnacle Llc
Bought by
Cieca Marybel
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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 |
|---|---|---|---|
| Rekstad David Jon | $255,000 | Executive Title | |
| Rekstad David | $255,000 | -- | |
| Schmitgen Jamie | $236,000 | Minnetonka Title | |
| Sheehan Lauren J | $207,000 | All American Title Co | |
| Grisard Christine | -- | Esquire Title Service Llc | |
| Grisard Christine | $142,000 | -- | |
| Cieca Marybel | $162,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rekstad David Jon | $223,000 | |
| Closed | Rekstad David | $229,500 | |
| Previous Owner | Schmitgen Jamie | $188,800 | |
| Previous Owner | Sheehan Lauren J | $186,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $255,000 | +2.0% | $297 / Sq Ft |
| 05/19/2022 05/19/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $249,900 | +5.9% | $291 / Sq Ft |
| 04/16/2018 04/16/18 | Sold | $236,000 | -1.6% | $275 / Sq Ft |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- |
| 02/06/2018 02/06/18 | Price Changed | $239,900 | +0.4% | $279 / Sq Ft |
| 02/06/2018 02/06/18 | For Sale | $239,000 | -- | $278 / 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 | $2,533 | $209,000 | $10,000 | $199,000 |
| 2022 | $2,404 | $209,000 | $10,000 | $199,000 |
| 2021 | $2,080 | $190,000 | $10,000 | $180,000 |
| 2020 | $2,518 | $173,000 | $2,800 | $170,200 |
| 2019 | $2,578 | $190,000 | $2,800 | $187,200 |
| 2018 | $2,447 | $190,000 | $2,800 | $187,200 |
| 2017 | $2,374 | $163,500 | $2,800 | $160,700 |
| 2016 | $2,453 | $163,500 | $2,800 | $160,700 |
| 2015 | $2,203 | $142,000 | $2,800 | $139,200 |
| 2014 | -- | $120,000 | $2,800 | $117,200 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Solberg
Seller's Agent in 2022
Eric Solberg
eXp Realty
(612) 203-3016
3 in this area
81 Total Sales
-
David Garves
Buyer's Agent in 2022
David Garves
eXp Realty
(763) 221-5834
1 in this area
72 Total Sales
-
Pamela Sheehan
Seller's Agent in 2018
Pamela Sheehan
Fazendin REALTORS
(952) 221-8333
44 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6196950
APN: 23-029-24-21-0760
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