Seller's Agent in 2023
Erick Patterson
P.S. Real Estate, LLC
(612) 220-7673
9 in this area
66 Total Sales
200 Park Ave Unit 407 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $1,026,000 - $1,406,000
2
Beds
2.5
Baths
2,271
Sq Ft
$1,081/mo
HOA Fee
Highlights
- Den
- 4-minute walk to Downtown East/Metrodome Station
- 2 Car Attached Garage
- Elevator
- Stainless Steel Appliances
- 4-minute walk to Gold Medal Park
About This Home
As of June 2023Incredible Mill District penthouse, located in one of the city's most desired boutique developments, Park Avenue Lofts. This 2-level, Julie Snow designed home, boasts over 2200 square feet of interior space. Kitchen and baths have undergone complete renovation during ownership. Accentuated with floating concrete stairs, polished concrete floors , 10.5" ceilings, and large windows. Unbeatable city views from the private rooftop deck, offering nearly 800 sq feet of additional living space with hot tub and outdoor kitchen. Wet bar in upper level den allows for easy outdoor hosting. Live in this vibrant neighborhood showcasing many restaurants, The Guthrie, Mill City Museum, Gold Medal Park, and the riverfront.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,354
Year Built
- Built in 2005
Lot Details
- 1.16
HOA Fees
- $1,081 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 2,271 Sq Ft Home
- 2-Story Property
- Living Room
- Den
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924340486
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1313 Park Ave Lofts Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 30, 2023
Sold by
Hatfield M Allen M and Hatfield Charlene
Bought by
Nelson Brian and Nelson Linda
Seller's Agent
Erick Patterson
P.S. Real Estate, LLC
Buyer's Agent
Zach Olson
DRG
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%
Views
47
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
$138,178
Avg. Annual Appreciation
5.57%
Purchase Details
Closed on
Jun 30, 2014
Sold by
Brown Anne V and Hyde Stephen R
Bought by
Hatfield M Allen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2010
Sold by
Judith L Hoffman Trust
Bought by
Hyde Stephen R and Brown Anne V
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Brian | $1,050,000 | Titlenexus | |
| Hatfield M Allen | $827,500 | Titlesmart Inc | |
| Hyde Stephen R | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hatfield M Allen | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $1,050,000 | -12.5% | $462 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $1,199,900 | -- | $528 / 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 |
|---|---|---|---|---|
| 2024 | $18,233 | $1,092,000 | $210,000 | $882,000 |
| 2023 | $15,996 | $1,092,000 | $210,000 | $882,000 |
| 2022 | $14,400 | $993,000 | $193,000 | $800,000 |
| 2021 | $13,874 | $937,000 | $168,000 | $769,000 |
| 2020 | $15,020 | $937,000 | $168,000 | $769,000 |
| 2019 | $15,446 | $937,000 | $142,800 | $794,200 |
| 2018 | $14,448 | $937,000 | $142,800 | $794,200 |
| 2017 | $14,310 | $850,000 | $63,800 | $786,200 |
| 2016 | $13,464 | $785,000 | $63,800 | $721,200 |
| 2015 | $10,996 | $630,500 | $63,800 | $566,700 |
| 2014 | -- | $525,500 | $63,800 | $461,700 |
Source: Public Records
Agents Affiliated with this Home
-
Erick Patterson
-
Zach Olson
Buyer's Agent in 2023
Zach Olson
DRG
(218) 282-1237
7 in this area
124 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6368360
APN: 23-029-24-34-0486
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