NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,100,000

3 Beds
2.5 Baths
2,662 Sq Ft
$2,236/mo HOA Fee

Last Sold March 22, 2024

Last sale price $950,000 $357 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,885/month

336 Days on Market

Highlights

  • 24-Hour Guard
  • 1-Story Property
  • Baseboard Heating
  • Subterranean Parking
  • Forced Air Heating and Cooling System
  • High-Rise Condominium

About This Home

As of March 2024

Welcome to your new home in the heart of downtown! This stunning and spacious 3-bedroom condo boasts breathtaking views of the city skyline and offers the ultimate urban living experience.
Upon entering, you'll immediately notice the abundance of natural light that fills the space, highlighting the elegant finishes and modern design throughout. The sleek, modern kitchen brings warmth and is an inviting space with the oversized kitchen island serving as a perfect gathering place for prep and entertaining. Floor to ceiling windows. Unparalleled Hotel Ivy services and amenities: two valet parking spaces, Newly renovated Anda spa, huge fitness facility, Monello restaurant, and Constantine cocktail lounge. Conveniently connected to the skyway system. Dues cover everything: valet parking, cable/internet, utilities, storage!

Last Agent to Sell the Property

Jessica Prudden

Prudden & Company Listed on: 04/18/2023

Last Buyer's Agent

Rich Robins

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,252

Year Built

  • Built in 2007

Lot Details

  • 0.46

HOA Fees

  • $2,236 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 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 2702924140593

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, electricity, hazard insurance, heating, internet, parking, professional mgmt, trash, shared amenities, water
  • Firstservice 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

$18,252

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,236 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: 2662
  • 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, Washer
  • Living Area: 2662
  • Fireplace: No
  • Basement YN: No
  • Shared Rooms: Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Garage Door Opener, 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, Parking, Professional Mgmt, Trash, Shared Amenities, Water
  • Phone: 952-277-2700
  • Association Fee: 2236
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924140593
  • Tax Annual Amount: 18252
  • TaxWithAssessments: 18252.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Mar 22, 2024
Sold by
Klein Dale and Klein Mary
Bought by
Laska Mark
Seller's Agent
Jessica Prudden
Prudden & Company
Buyer's Agent
Rich Robins
Coldwell Banker Realty
List Price
$1,165,000
Sold Price
$950,000
Premium/Discount to List
-$215,000
-18.45%
Views
99
Current Estimated Value
$1,008,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,847
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Nov 30, 2017
Sold by
Wade Michael E and Wade Lori J
Bought by
Klein Dale and Klein Mary

Purchase Details

Closed on
Mar 30, 2015
Sold by
Ivy Condo Llc
Bought by
Wade Michael E and Wade Lori T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
3.67%
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
Laska Mark $950,000 --
Klein Dale $1,175,000 Titlenexus Llc
Wade Michael E $1,045,000 Titlenexus Llc
Ivy Condo Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wade Michael E $783,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $950,000 0.0% $357 / Sq Ft
08/31/2023 08/31/23 Off Market $950,000 -- --
08/22/2023 08/22/23 Rented $4,995 0.0% --
07/28/2023 07/28/23 Price Changed $1,050,000 0.0% $394 / Sq Ft
07/25/2023 07/25/23 Price Changed $4,995 -9.2% $2 / Sq Ft
06/12/2023 06/12/23 For Rent $5,500 0.0% --
04/20/2023 04/20/23 For Sale $1,165,000 -- $438 / 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 $16,428 $993,000 $37,000 $956,000
2023 $16,172 $1,103,000 $37,000 $1,066,000
2022 $18,252 $1,115,000 $37,000 $1,078,000
2021 $17,576 $1,166,500 $35,100 $1,131,400
2020 $19,027 $1,166,500 $35,100 $1,131,400
2019 $19,562 $1,166,500 $30,100 $1,136,400
2018 $18,335 $1,166,500 $30,100 $1,136,400
2017 $17,687 $1,028,500 $23,400 $1,005,100
2016 $13,744 $799,500 $23,400 $776,100
2015 $11,180 $639,500 $23,400 $616,100
2014 -- $533,000 $23,400 $509,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6357103

NorthstarMLS

APN: 27-029-24-14-0593