NOT LISTED FOR SALE

Estimated Value: $541,000 - $576,000

2 Beds
2 Baths
1,840 Sq Ft
$1,513/mo HOA Fee

Last Sold March 15, 2024

Last sale price $475,000 $258 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,161/month

113 Days on Market

Highlights

  • Valet Parking
  • Den
  • Lobby
  • City View
  • Stainless Steel Appliances
  • 1-Story Property

About This Home

As of March 2024

This exquisite 2-bedroom, 2-bathroom + den residence offers a blend of sophisticated urban living and modern elegance. Tons of natural light streams through the expansive windows, casting a warm glow upon the open-concept living space. The gourmet kitchen boasts stainless steel appliances, sleek granite countertops and ample storage.
The primary suite is a sanctuary of tranquility, featuring a spacious layout. The second bedroom offers versatility as a guest room and the den would be the perfect spot for a home office, adaptable to your lifestyle needs. Your living experience extends beyond the walls with access to The Ivy Residences' exceptional amenities, including: Anda Spa, workout gym, Concierge service, lobby lounge, skyway connection, valet parking, Breva Restaurant and Masa & Agave. Conveniently located in downtown Minneapolis, The Ivy Residences provides easy access to renowned dining, entertainment, and cultural attractions.

Last Agent to Sell the Property

Jessica Prudden

Prudden & Company Listed on: 11/22/2023

Last Buyer's Agent

Jessica Prudden

Prudden & Company Listed on: 11/22/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,702

Year Built

  • Built in 2007

Lot Details

  • 0.46

HOA Fees

  • $1,513 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Den
  • City Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2702924140558

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, valet parking, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1431 Ivy Resdidence Subdivision

Amenities

  • Valet Parking
  • Lobby

Additional Features

  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,702

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,513 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1840
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1840
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den
  • Shared Rooms: Business Center,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Brick,Stone
  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Heated Garage, Valet Parking for Fee

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Electricity, Gas, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Valet Parking, Water
  • Phone: 952-277-2700
  • Association Fee: 1513
  • Association: Yes
  • Amenities Unit: City View,Hardwood Floors,Kitchen Center Island,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 20211.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924140558
  • Tax Annual Amount: 9702
  • TaxWithAssessments: 9756.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Mar 12, 2024
Sold by
Joseph W. Jasper and Kelly Jo Jasper As
Bought by
Keyvan J Talebi As Trustee Of The Keyv
Seller's Agent
Jessica Prudden
Prudden & Company
Buyer's Agent
Jessica Prudden
Prudden & Company
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Views
82
Current Estimated Value
$557,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,757
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Sep 8, 2023
Sold by
Jasper Joseph W and Jasper Kelly J
Bought by
Joseph W Jasper Revocable Trust and Jasper

Purchase Details

Closed on
Nov 21, 2014
Sold by
Ivy Condo Llc
Bought by
Jasper Joseph W and Jasper Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Ivy Tower Minneapolis Llc
Bought by
Ivy Condo Llc
Source: Public Records

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 Buyer Sale Price Title Company
Keyvan J Talebi As Trustee Of The Keyv $475,000 --
Joseph W Jasper Revocable Trust $500 None Listed On Document
Jasper Joseph W $605,000 Titlenexus Llc
Ivy Condo Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jasper Joseph W $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $475,000 0.0% $258 / Sq Ft
02/29/2024 02/29/24 Off Market $475,000 -- --
11/22/2023 11/22/23 For Sale $575,000 -- $313 / 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
2024 $8,749 $572,000 $29,000 $543,000
2023 $8,739 $635,000 $29,000 $606,000
2022 $11,590 $694,000 $29,000 $665,000
2021 $11,173 $771,000 $28,100 $742,900
2020 $11,203 $771,000 $28,100 $742,900
2019 $11,527 $720,500 $18,700 $701,800
2018 $10,755 $720,500 $18,700 $701,800
2017 $9,365 $585,500 $18,700 $566,800
2016 $9,606 $585,500 $18,700 $566,800
2015 $8,032 $481,000 $18,700 $462,300
2014 -- $401,000 $18,700 $382,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6462063

NorthstarMLS

APN: 27-029-24-14-0558