NOT LISTED FOR SALE

Estimated Value: $162,000 - $207,000

-- Bed
1 Bath
551 Sq Ft
$511/mo HOA Fee

Last Sold October 10, 2022

Last sale price $162,500 $295 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,611/month

Highlights

  • Heated In Ground Pool
  • River View
  • Community Garden
  • Sauna
  • 71,482 Sq Ft lot
  • Elevator

About This Home

As of October 2022

Falls Pinnacle studio w/ fabulous view of the Downtown Minneapolis skyline. Custom renovations include built-in office, fold-down Murphy bed, soaking tub and tile shower. Kitchen has stone counters and maple cabinets. Bamboo flooring and tile throughout. Loads of storage with two walk-in closets. Your new home is in the city's absolute best location. Right on the Mississippi River. One block to RiverPlace and St. Anthony Main restaurants and movie theaters. Across the street from all the East Hennepin specialty retail shops, coffee shops, cafes, fine dining and nightspots. Walk to 100 shops. Only one and a half blocks to Lunds grocery store. Take a 2-minute bus ride to Downtown or work from home. Also enjoy building’s 24/7 gym, indoor pool, sauna, steam room, hot tub, yoga studio, party room, movie theater and 3 large garden terraces. Deeded parking. Pet friendly! This is a secure building. Buy it just for fun or rent it out as an investment. This is the life!

Last Listed By

Michael Peterson

Drive Results Realty Listed on: 07/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Parking Fee
  • Assigned Parking

Property Views

  • River
  • City

Interior Spaces

  • 1 Full Bathroom
  • 551 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

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 2302924210777

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • The Falls And Pinnacle Condos 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

$1,804

Year Built

Built in 1983

Lot Details

0

HOA Fees

$511 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air, Heat Pump
  • 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, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 551
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Living Area: 551
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full 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, Heated Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, 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, Controlled Access, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 511
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Indoor Sprinklers,Panoramic View,Tile Floors,Walk-In Closet

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: 71481.96
  • Land Lease: No
  • Additional Parcels Description: 2302924211003
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302924210777
  • Tax Annual Amount: 1804
  • TaxWithAssessments: 1804.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Lupient Joseph J
Bought by
Joog Llc
Total Days on Market
0
Current Estimated Value
$177,700

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 6, 2022
Sold by
White Gladys M
Bought by
Lupient Joseph J
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Brian Forsythe
Edina Realty, Inc.
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Nguyen Loc
Bought by
White Gladys M

Purchase Details

Closed on
Jul 21, 2006
Sold by
Falls Pinnacle Llc
Bought by
Nguyen Loe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,830
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Joog Llc $500 None Listed On Document
Lupient Joseph J $162,500 All American Title
White Gladys M $127,500 --
Nguyen Loe $136,038 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Loc $108,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Sold $162,500 -4.4% $295 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $169,900 -- $308 / 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 $1,375 $127,000 $6,000 $121,000
2022 $1,520 $138,000 $6,000 $132,000
2021 $1,299 $131,000 $6,000 $125,000
2020 $1,589 $119,000 $1,800 $117,200
2019 $1,633 $130,500 $1,800 $128,700
2018 $1,636 $130,500 $1,800 $128,700
2017 $1,450 $116,500 $1,800 $114,700
2016 $1,500 $116,500 $1,800 $114,700
2015 $1,297 $101,000 $1,800 $99,200
2014 -- $85,500 $1,800 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6229005

NorthstarMLS

APN: 23-029-24-21-0777