NOT LISTED FOR SALE

Estimated Value: $172,689 - $202,000

1 Bed
1 Bath
893 Sq Ft
1.6 Acres

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Stainless Steel Appliances
  • Guest Parking
  • 4-minute walk to Loring Park

About This Home

As of August 2024

Beautiful light filled condo in the tree tops. Inviting open floor plan, renovated throughout! Remodeled kitchen, granite countertops, stainless steel appliances, pendant lighting and breakfast bar. Spacious living room with double built in bookcases. All of the interior doors, millwork and engineered wood flooring have been updated. Plentiful in-unit storage. Custom built closet in large bedroom. Spa like bathroom with built in shelves and deep bathtub. Great value, tenant pays electric only. Owner pays cable, internet, water, and recycling. Heated underground parking and storage included in rent. Amenities include an updated health club, sauna, first floor community area with library, and soon a new sun deck to be shared by all residents! Walk to Walker Art Center and Sculpture Gardens, Downtown Minneapolis, and Loring Park. Pet on approval with deposit. Large free laundry rooms on each floor. The community is inviting and building management is outstanding.

Last Agent to Rent the Property

Cynthia Frattallone

Coldwell Banker Realty Brokerage Phone: 612-709-1130 Listed on: 05/21/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1.6

Parking

  • 1 Car Garage
  • Heated Garage
  • Guest Parking

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Few Trees

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Condo 0194 Loring Way Condo Subdivision

Listing and Financial Details

  • Property Available on 8/1/24
  • The owner pays for cable TV, gas, heat, trash collection, water
  • Assessor Parcel Number 2702924240393

Condo Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-08-01
  • Lease Price: 1595.0000
  • ApplicationFee: 61.0000
  • SecurityDeposit: 1595.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 893
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Attribution Contact: 612-709-1130
  • Attribution Contact: 612-709-1130
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 893
  • Fireplace: No
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • SqFtTotal: 893.00
  • Shared Rooms: Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Guest Parking, Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Tile Floors

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), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2702924240393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Towers Ryan
Bought by
Stepka Megan
Current Estimated Value
$182,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$169,601
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$12,821

Purchase Details

Closed on
Dec 30, 2021
Sold by
Towers Ryan M
Bought by
Stepka Megan Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$169,601
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$12,821

Purchase Details

Closed on
Jan 2, 2020
Sold by
Geerdes Stephanie A
Bought by
Towers Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2013
Sold by
Blanco Matthew W and Vanberkom John D
Bought by
Geerdes Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2008
Sold by
The William M Newell Revocable Trust
Bought by
Blanco Matthew W and Vanberkom John D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stepka Megan $200,000 --
Stepka Megan Rae $200,000 Scott County Abstract & Title
Towers Ryan M $219,000 Gibraltar Title Agency Llc
Geerdes Stephanie A $169,755 Land Title Inc
Blanco Matthew W $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepka Megan $184,000
Closed Stepka Megan Rae $190,000
Previous Owner Towers Ryan M $175,200
Previous Owner Geerdes Stephanie A $139,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Rented $1,595 0.0% --
07/01/2024 07/01/24 Price Changed $1,595 -3.3% $2 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,650 -8.1% $2 / Sq Ft
05/21/2024 05/21/24 For Rent $1,795 -- --
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 $2,156 $173,000 $29,000 $144,000
2023 $2,285 $193,000 $29,000 $164,000
2022 $2,891 $215,000 $27,000 $188,000
2021 $2,354 $224,000 $26,000 $198,000
2020 $2,801 $193,500 $19,200 $174,300
2019 $2,889 $208,000 $12,800 $195,200
2018 $2,684 $208,000 $12,800 $195,200
2017 $2,596 $185,000 $12,800 $172,200
2016 $2,463 $173,500 $12,800 $160,700
2015 $2,415 $164,000 $12,800 $151,200
2014 -- $126,000 $12,800 $113,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6540234

NorthstarMLS

APN: 27-029-24-24-0393