NOT LISTED FOR SALE

Estimated Value: $552,000 - $570,635

3 Beds
2 Baths
1,849 Sq Ft
$1,985/mo HOA Fee

Last Sold July 31, 2024

Last sale price $550,000 $297 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,703/month

228 Days on Market

Highlights

  • Valet Parking
  • City View
  • Living Room
  • 24-Hour Guard
  • Walk-In Closet
  • Lobby

About This Home

As of July 2024

Stunning 3 bed, corner unit at The Ivy Residences offers the epitome of urban living with its tasteful updates and exceptional views of the city. This condo boasts top-of-the-line appliances, chic cabinetry, and premium fixtures that will satisfy even the most discerning tastes. HOA dues cover all utilities, as well as two valet parking spots. Experience a lifestyle unlike any other in Minneapolis, with amenities such as convenient skyway access, a top of the line spa and workout facility, and 24 hour concierge at your fingertips. The Ivy will be debuting two specially curated restaurants in the Fall of 2023. Whether you're seeking a luxurious urban retreat or an entertainer's paradise, this condo offers it all. Live in style, surrounded by modern sophistication, and wake up to awe-inspiring city views every day.

Last Agent to Sell the Property

Aleksa Montpetit

DRG Listed on: 09/11/2023

Last Buyer's Agent

Peter Prudden

Prudden & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,266

Year Built

  • Built in 2007

Lot Details

  • 0.47

HOA Fees

  • $1,985 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Unassigned Parking

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2702924140570

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, hazard insurance, 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
  • The Ivy Residences Subdivision

Amenities

  • Valet Parking
  • Lobby

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,266

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,985 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Other
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1849
  • 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, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Living Area: 1849
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Primary Bathroom
  • Shared Rooms: Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Unassigned, 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, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Valet Parking, Water
  • Phone: 952-277-2700
  • Association Fee: 1985
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 20255.4
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924140570
  • Tax Annual Amount: 10266
  • TaxWithAssessments: 10266.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Jul 31, 2024
Sold by
Incrementum Acquisitions Llc
Bought by
Nebben Bridget
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Peter Prudden
Prudden & Company
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%
Views
123
Current Estimated Value
$562,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,909
Avg. Annual Appreciation
1.89%
Original Mortgage
$550,000
Outstanding Balance
$543,776
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$19,133

Purchase Details

Closed on
Sep 27, 2021
Sold by
Garatoni Alicia A and World Traveler Revocable Trust
Bought by
Incrementum Acquisitions Llc

Purchase Details

Closed on
Jul 11, 2014
Sold by
Garatoni Alicia A
Bought by
Garatoni Alicia A and World Traveler Revocable Trust
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
Nebben Bridget $550,000 --
Incrementum Acquisitions Llc $640,000 Minnesota Title
Garatoni Alicia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nebben Bridget $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $550,000 -9.8% $297 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $609,900 -4.7% $330 / Sq Ft
01/19/2024 01/19/24 Price Changed $639,900 -5.2% $346 / Sq Ft
09/11/2023 09/11/23 For Sale $675,000 -- $365 / 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 $9,260 $600,000 $27,000 $573,000
2023 $8,686 $635,000 $29,000 $606,000
2022 $11,890 $729,000 $29,000 $700,000
2021 $11,517 $792,000 $28,100 $763,900
2020 $11,550 $792,000 $28,100 $763,900
2019 $11,883 $740,000 $18,700 $721,300
2018 $11,087 $740,000 $18,700 $721,300
2017 $9,666 $601,500 $18,700 $582,800
2016 $9,915 $601,500 $18,700 $582,800
2015 $8,257 $494,500 $18,700 $475,800
2014 -- $412,000 $18,700 $393,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6430292

NorthstarMLS

APN: 27-029-24-14-0570