NOT LISTED FOR SALE

Estimated Value: $573,000 - $608,000

2 Beds
2 Baths
1,849 Sq Ft
$1,631/mo HOA Fee

Last Sold April 28, 2023

Last sale price $638,765 $345 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,601/month

73 Days on Market

Highlights

  • Den
  • 1-Story Property
  • Combination Dining and Living Room
  • Elevator
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of April 2023

2+ den corner unit in the Ivy Residences. This sophisticated condo is a must see with its incredible views of the city, especially in the evening. One of the only buildings where HOA dues include everything, including valet parking. Experience a lifestyle unlike any other in Minneapolis with amenities such as convenient skyway access, two renowned restaurants, a top of the line spa and workout facility, and 24 hour concierge at your fingertips!

Last Agent to Sell the Property

Aleksa Montpetit

DRG Listed on: 01/20/2023

Last Buyer's Agent

Jay Kochendorfer

Keller Williams Select Realty

Keller Williams Select Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,187

Year Built

  • Built in 2007

Lot Details

  • 0.47

HOA Fees

  • $1,631 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2702924140578

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, electricity, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, valet parking, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • The Ivy Residences Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,187

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,631 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: Guard - 24 Hour, Elevator(s), Fire Sprinkler System, 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: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1849
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Den

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Underground

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, Electricity, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Valet Parking, Water
  • Phone: 952-277-2700
  • Association Fee: 1631
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • 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: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924140578
  • Tax Annual Amount: 10187
  • TaxWithAssessments: 10187.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 24, 2023
Sold by
Rask Victor
Bought by
Wagner Bradley and Kochendorfer Jay
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Jay Kochendorfer
Keller Williams Select Realty
List Price
$675,000
Sold Price
$638,765
Premium/Discount to List
-$36,235
-5.37%
Views
81
Current Estimated Value
$587,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,164
Avg. Annual Appreciation
-3.61%
Original Mortgage
$520,000
Outstanding Balance
$507,867
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$79,734

Purchase Details

Closed on
May 17, 2019
Sold by
Niederreiter Nino
Bought by
Rask Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2014
Sold by
Ivy Condo Llc
Bought by
Niederreiter Nino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Wagner Bradley $638,767 Titlenexus
Rask Victor $845,000 Titlenexus Inc
Niederreiter Nino $650,000 Titlenexus Llc
Ivy Condo Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Bradley $520,000
Previous Owner Rask Victor $676,000
Previous Owner Niederreiter Nino $315,000
Previous Owner Niederreiter Nino $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $638,765 0.0% $345 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/16/2023 03/16/23 Off Market $638,765 -- --
01/20/2023 01/20/23 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
2023 $8,686 $635,000 $29,000 $606,000
2022 $12,146 $726,000 $29,000 $697,000
2021 $11,704 $807,000 $28,100 $778,900
2020 $11,737 $807,000 $28,100 $778,900
2019 $12,138 $754,000 $18,700 $735,300
2018 $11,326 $754,000 $18,700 $735,300
2017 $9,873 $612,500 $18,700 $593,800
2016 $10,127 $612,500 $18,700 $593,800
2015 $8,420 $503,500 $18,700 $484,800
2014 -- $419,500 $18,700 $400,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6325220

NorthstarMLS

APN: 27-029-24-14-0578