$937,500
SOLD MAR 4, 2025
1 Bed
1.5 Baths
2,207 Sq Ft
$2,148/mo HOA Fee

Recently Sold

$425 Per Sq Ft

6% Below List Price

41 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Deck
  • Elevator
  • Walk-In Closet

About This Home

As of March 2025

Elevated above the vibrant Minneapolis cityscape, this stunning residence at the prestigious Ivy Residences redefines luxury living. Masterfully designed by acclaimed architectural firm Peterssen/Keller, every detail exudes sophistication and timeless elegance. Floor-to-ceiling views of the Minneapolis skyline, visible throughout the home and from the sweeping private terrace, create an ever-present connection to the dynamic city below. Impeccable craftsmanship is showcased in every corner, including dazzling Baccarat light fixtures, exquisite Calacatta marble countertops, a hand-sculpted fireplace mantle, Waterworks bath fixtures—bespoke elements that set a new standard for refinement. Offering the perfect blend of serenity and vibrancy, this home is an urban sanctuary for those seeking a tranquil retreat while staying effortlessly connected to the pulse of the city. Residents enjoy 24-hour room service and exclusive access to Hotel Ivy's exceptional amenities: a luxurious spa, dedicated concierge services, two restaurants, a sophisticated cocktail lounge, valet parking, and optional fitness center access.

Last Agent to Sell the Property

Lynn Burn

Compass Listed on: 12/11/2024

Compass

Last Buyer's Agent

Zach Olson

DRG

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,524

Year Built

  • Built in 2007

HOA Fees

  • $2,148 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Unassigned Parking

Interior Spaces

  • 2,207 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2702924140609

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,524

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,148 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • 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: 2207
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Other, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2207
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Informal Dining Room, Kitchen, Bedroom 1, Primary Bathroom, Walk In Closet, Deck, Bathroom
  • Shared Rooms: Exercise Room,Other

Beds/Baths

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

Exterior Features

  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Other, 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, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Sewer, Snow Removal, Valet Parking
  • Phone: 952-277-2700
  • Association Fee: 2148
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Other,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
  • 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: 2024
  • Assessor Parcel Number: 2702924140609
  • Tax Annual Amount: 16524
  • TaxWithAssessments: 16584.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Mar 4, 2025
Sold by
Lux Robert C and Lux Jodette P
Bought by
Giovanis Evangelos and Giovanis Kristen
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Zach Olson
DRG
List Price
$995,000
Sold Price
$937,500
Premium/Discount to List
-$57,500
-5.78%
Views
93
Current Estimated Value
$970,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,510
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Ivy Condo Llc
Bought by
Lux Robert C and Lux Jodette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

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 Type Sale Price Title Company
Warranty Deed $937,500 Watermark Title
Limited Warranty Deed $781,000 Titlenexus Llc
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $591,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $937,500 -5.8% $425 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $995,000 -- $451 / 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 $17,507 $1,049,000 $29,000 $1,020,000
2023 $16,584 $1,125,000 $32,000 $1,093,000
2022 $18,732 $1,163,000 $32,000 $1,131,000
2021 $18,041 $1,191,000 $31,000 $1,160,000
2020 $19,527 $1,191,000 $30,800 $1,160,200
2019 $18,713 $1,191,000 $20,500 $1,170,500
2018 $15,824 $1,116,000 $20,500 $1,095,500
2017 $13,871 $825,500 $20,500 $805,000
2016 $11,423 $679,500 $20,500 $659,000
2015 $9,232 $543,500 $20,500 $523,000
2014 -- $453,000 $20,500 $432,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6636531

NorthstarMLS

APN: 27-029-24-14-0609