$245,000
SOLD DEC 13, 2017
2 Beds
2 Baths
1,272 Sq Ft
1.64 Acres

Recently Sold

$193 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • Beach View
  • Heated In Ground Pool
  • Sauna
  • Building Security
  • River Front
  • 1.64 Acre Lot

About This Home

As of September 2022

Shocking price on Falls Pinnacle condo! Enormous balcony is accessible from 3 rooms. Preferred floor plan. 4 HUGE closets and 2 small ones. Deeded parking is heated. Dog and cat friendly! Largest 24/7 gym of any DT condo. Indoor pool, sauna, steam room, hot tub, yoga studio and 3 large garden terraces. Party room has a private movie theater. Friendly and historic neighborhood where you can walk to 50 restaurants. This is the life! Move right in. Most affordable 2 bed on the river. Don't wait.

Last Agent to Sell the Property

Michael Peterson

Drive Results Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1983

Lot Details

  • 1.64 Acre Lot
  • River Front

HOA Fees

  • $688 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee

Property Views

  • Beach
  • River

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • Sauna
  • Home Gym
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210780

Community Details

Overview

  • Association fees include air conditioning, building exterior, heating, outside maintenance, parking space, professional mgmt, sanitation, security staff, security system, shared amenities, snow/lawn care, water/sewer
  • Paradise And Associates, Llc Association
  • Falls Pinnacle Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Coin Laundry
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,375

Year Built

Built in 1983

Lot Details

0

HOA Fees

$688 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, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Coin-op Laundry Owned, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Hot Tub, Patio, Sauna, Security Building
  • Fuel Type: Other
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1272.00
  • Above Grade Finished Area Search: 1272.00
  • Association Management: Paradise and Associates, LLC
  • Management Company Phone: 651-699-5300
  • Carport Y N: No
  • Condo Approved Financing: FHA
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 9812
  • Listing Organization: Iowa
  • Living Area Finished: 1272.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 2302924210780,2302924210938
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Water Body Name: Mississippi River
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Sun Room
  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Dining Room Features: Eat In Kitchen, Living/Dining Room
  • Bathroom Type: Full Master, Main Floor Full Bath, Private Master, Two Master Baths
  • Fireplace: No

Beds/Baths

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

Exterior Features

  • Waterfront View: East, North, West
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Garage Door Opener, Heated Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Underground Garage

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Heating, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 688.00

Association/Amenities

  • Property Amenities: Balcony, Exercise Room, Hot Tub, Indoor Sprinklers, Sauna, Tile Floors

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: IRREGULAR
  • Homestead: Yes
  • Lot Size Acres: 1.6410
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1486 THE FALLS AND PINNACLE PR UNIT NO P908
  • Tax Amount: 3375.00
  • Tax Year: 2017
  • Tax With Assessments: 3375.00
  • Assessor Parcel Number: 2302924210780

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: River Front, River View

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 8, 2022
Sold by
Dahl-Bartunek Peggy
Bought by
Broadstreet Consulting Llc
Seller's Agent
Mark O'Hern
Edina Realty, Inc.
Buyer's Agent
Laura Willox
LPT Realty, LLC
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%
Total Days on Market
34
Current Estimated Value
$294,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,352
Avg. Annual Appreciation
3.59%
Original Mortgage
$201,000
Outstanding Balance
$193,429
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$100,923

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 29, 2022
Sold by
Dahl-Bartunek Peggy
Bought by
Broadstreet Consulting Llc
Seller's Agent
Mark O'Hern
Edina Realty, Inc.
Buyer's Agent
Laura Willox
LPT Realty, LLC
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Outstanding Balance
$193,429
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$100,923

Purchase Details

Closed on
Nov 22, 2019
Sold by
Bartunek John T
Bought by
Dahl Bartunek Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 8, 2017
Sold by
Anthony Richard and Dy Richard G
Bought by
Dahl Bartunek Peggy and Bartunek John T
Seller's Agent
Michael Peterson
Drive Results Realty
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Oct 19, 2007
Sold by
Falls/Pinnacle Llc
Bought by
Dy Richard Anthony and Dy Richard O

Map

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 Type Sale Price Title Company
Deed $268,000 --
Warranty Deed $268,000 Edina Realty Title
Interfamily Deed Transfer -- Titlesmart Inc
Warranty Deed $245,000 All American Title Co
Warranty Deed $232,228 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,000 New Conventional
Closed $201,000 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $268,000 -0.7% $211 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $270,000 +0.7% $212 / Sq Ft
06/09/2022 06/09/22 Off Market $268,000 -- --
05/27/2022 05/27/22 For Sale $270,000 +10.2% $212 / Sq Ft
12/13/2017 12/13/17 Sold $245,000 -5.7% $193 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $259,900 -- $204 / Sq Ft
Source: NorthstarMLS

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 $2,898 $222,000 $14,000 $208,000
2022 $3,035 $241,000 $14,000 $227,000
2021 $2,873 $219,000 $14,000 $205,000
2020 $3,465 $228,000 $5,500 $222,500
2019 $3,740 $250,500 $5,500 $245,000
2018 $3,582 $250,500 $5,500 $245,000
2017 $3,375 $232,500 $5,500 $227,000
2016 $3,488 $232,500 $5,500 $227,000
2015 $3,104 $201,500 $5,500 $196,000
2014 -- $170,500 $5,500 $165,000
Source: Public Records

Source: NorthstarMLS

MLS Number: NST4889116

NorthstarMLS

APN: 23-029-24-21-0780