NOT LISTED FOR SALE

Estimated Value: $560,000 - $608,000

2 Beds
2 Baths
1,995 Sq Ft
$1,720/mo HOA Fee

Last Sold April 03, 2024

Last sale price $565,000 $283 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,510/month

194 Days on Market

Highlights

  • 24-Hour Guard
  • Subterranean Parking
  • Living Room
  • City View
  • Porch
  • 1-Story Property

About This Home

As of April 2024

Spectacular two-bedroom corner unit at the luxurious Hotel Ivy. Experience the downtown views through the expansive floor-to-ceiling windows. The southern and western exposures floods the entire living space with natural light, creating a relaxing and inviting environment. Open concept kitchen, dining and living spaces offer an ideal setting for hosting gatherings and socializing. The spacious primary bedroom presents an ensuite featuring a separate shower and bathtub, as well as a custom walk-in closet. Second bedroom provides flexibility, accommodating various purposes such as a secondary bedroom, guest room or a convenient office space. Experience a lifestyle unlike any other in Minneapolis with skyway access, valet parking, hotel amenities, restaurants, a top of the line spa and workout facility, and 24 hour concierge at your fingertips!

Last Agent to Sell the Property

Benjamin Lavelle

Compass Listed on: 09/06/2023

Compass

Co-Listed By

Lancelot Bender

Compass

Last Buyer's Agent

Benjamin Lavelle

Compass Listed on: 09/06/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,481

Year Built

  • Built in 2007

Lot Details

  • 0.47

HOA Fees

  • $1,720 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Unassigned Parking

Interior Spaces

  • 1,995 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 2702924140576

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, 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

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,481

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,720 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Elevator(s), Fire Sprinkler System, Other
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1995
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1995
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Porch

Beds/Baths

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

Exterior Features

  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Other, Shared Garage/Stall, Underground, Unassigned

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, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Valet Parking, Water
  • Phone: 952-277-2700
  • Association Fee: 1720
  • Association: Yes
  • Amenities Unit: Balcony,City View,French Doors,Hardwood Floors,Primary Bedroom Walk-In Closet,Tile Floors,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: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924140576
  • Tax Annual Amount: 10481
  • TaxWithAssessments: 10481.3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Apr 3, 2024
Sold by
Bernardi Luigi and Bernardi Francesca
Bought by
Driver Adam and Waltman Jennifer
Seller's Agent
Benjamin Lavelle
Compass
Buyer's Agent
Benjamin Lavelle
Compass
List Price
$635,000
Sold Price
$565,000
Premium/Discount to List
-$70,000
-11.02%
Views
88
Current Estimated Value
$574,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,258
Avg. Annual Appreciation
1.04%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Bernardi Francesca
Bought by
Bernardi Francesca and Bernardi Luigi

Purchase Details

Closed on
Nov 19, 2021
Sold by
Nicole Bernardi Colette
Bought by
Bernardi Luigi

Purchase Details

Closed on
Aug 8, 2014
Sold by
Ivy Condo Llc
Bought by
Bernardi Luigi and Bernardi Colette

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
Driver Adam $565,000 --
Bernardi Francesca -- None Listed On Document
Bernardi Luigi -- None Listed On Document
Bernardi Luigi -- --
Bernardi Luigi $570,000 Titlenexus Llc
Ivy Condo Llc -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $565,000 -11.0% $283 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
09/06/2023 09/06/23 For Sale $635,000 -- $318 / 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 $9,406 $608,000 $28,000 $580,000
2023 $9,379 $675,000 $28,000 $647,000
2022 $11,530 $739,000 $28,000 $711,000
2021 $11,115 $767,500 $26,400 $741,100
2020 $11,150 $767,500 $26,400 $741,100
2019 $11,473 $717,500 $17,600 $699,900
2018 $10,699 $717,500 $17,600 $699,900
2017 $9,318 $583,000 $17,600 $565,400
2016 $9,558 $583,000 $17,600 $565,400
2015 $8,006 $479,500 $17,600 $461,900
2014 -- $399,500 $17,600 $381,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6425527

NorthstarMLS

APN: 27-029-24-14-0576