NOT LISTED FOR SALE

Estimated Value: $539,000 - $590,000

2 Beds
2 Baths
1,995 Sq Ft
$1,831/mo HOA Fee

Last Sold September 13, 2023

Last sale price $540,000 $271 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,466/month

56 Days on Market

Highlights

  • 24-Hour Guard
  • Subterranean Parking
  • Living Room
  • City View
  • Walk-In Closet
  • No Interior Steps

About This Home

As of September 2023

Elevate your everyday living to new heights at The Ivy, where urban luxury and ultimate convenience converge in perfect harmony. Step into this captivating two-bedroom corner unit, where floor-to-ceiling windows bathe the entire living space in natural light, creating a warm and welcoming ambiance. The beautiful wood floors exude elegance, adding a touch of sophistication to the condo's interior. Prepare culinary delights in the open gourmet kitchen, thoughtfully designed to overlook the main living area and breathtaking views. Convenience is at your fingertips with two valet parking spaces included. Embrace a clutter-free lifestyle with the additional benefit of a storage unit and dedicated bike storage, providing ample space for your belongings. Indulge in the luxurious offerings of The Ivy where curated restaurants, an invigorating health club, and rejuvenating spa await, all conveniently located on-site and are available for membership.

Last Agent to Sell the Property

Lynn Burn

Compass Listed on: 05/23/2023

Compass

Last Buyer's Agent

Mark Bartikoski

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 2007

Lot Details

  • 0.47

HOA Fees

  • $1,831 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage
  • Secure Parking

Interior Spaces

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

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2702924140550

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, electricity, 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
  • Cic 1431 Ivy Resdidence Subdivision

Building Details

  • Security

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,384

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,831 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, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Elevator(s), Fire Sprinkler System, Security
  • 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, Dryer, Refrigerator, Wall Oven, Washer
  • Living Area: 1995
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Walk In Closet
  • Shared Rooms: Exercise Room,Other

Beds/Baths

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

Exterior Features

  • Neighborhood: Downtown West
  • PatioPorchType: Other

Garage/Parking

  • Parking Features: Heated Garage, Other, Secured, 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, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Valet Parking, Water
  • Phone: 952-277-2700
  • Association Fee: 1831
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone, Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924140550
  • Tax Annual Amount: 7384
  • TaxWithAssessments: 7383.5400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 13, 2023
Sold by
Lighthouse Management Inc
Bought by
Donegan Kevin S
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Mark Bartikoski
RE/MAX Results
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Views
70
Current Estimated Value
$561,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,490
Avg. Annual Appreciation
1.85%
Original Mortgage
$125,000
Outstanding Balance
$122,349
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$439,141

Purchase Details

Closed on
Dec 8, 2021
Sold by
Mcgovern Joseph T and Mcgovern Carey G
Bought by
Lighthouse Management Inc

Purchase Details

Closed on
Jun 18, 2018
Sold by
Lavandier Bruno Marie Rene Jean and Lavandier Patricia Georgette
Bought by
Mcgovern Joseph T and Mcgovern Carey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,400
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2015
Sold by
Lavandier Bruno Marie Rene Jean
Bought by
Lavandier Bruno Marie Rene Jean and Lavandier Patricia Georgette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Ivy Condo Llc
Bought by
Lavandier Bruno Marie Rene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.73%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donegan Kevin S $540,000 None Listed On Document
Lighthouse Management Inc $550,000 Burnet Title
Mcgovern Joseph T $632,000 Results Title
Lavandier Bruno Marie Rene Jean -- Titlenexus Llc
Lavandier Bruno Marie Rene Jean $560,000 Titlenexus Llc
Ivy Condo Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donegan Kevin S $125,000
Previous Owner Mcgovern Joseph T $442,400
Previous Owner Lavandier Bruno Marie Rene Jean $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $540,000 -6.1% $271 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $575,000 -- $288 / 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 $8,348 $550,000 $28,000 $522,000
2023 $7,326 $550,000 $28,000 $522,000
2022 $10,259 $550,000 $28,000 $522,000
2021 $9,890 $696,000 $26,400 $669,600
2020 $9,907 $696,000 $26,400 $669,600
2019 $10,196 $650,500 $17,600 $632,900
2018 $9,550 $650,500 $17,600 $632,900
2017 $8,292 $528,500 $17,600 $510,900
2016 $8,503 $528,500 $17,600 $510,900
2015 $7,564 $453,000 $17,600 $435,400
2014 -- $377,500 $17,600 $359,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6369829

NorthstarMLS

APN: 27-029-24-14-0550