$150,000
SOLD AUG 15, 2024
1 Bed
1 Bath
893 Sq Ft
$668/mo HOA Fee

Recently Sold

$168 Per Sq Ft

11% Below List Price

58 Days on Market

Highlights

  • Sauna
  • Elevator
  • Guest Parking
  • Community Garden
  • Living Room
  • 4-minute walk to Loring Park

About This Home

As of August 2024

Make this large one-bedroom light-filled condo your own! Priced to sell. Spacious living room with 2 built in bookcases. Enjoy morning coffee or dining on the large balcony above the treetops. Generous size bedroom with tons of closet space. Plentiful in unit storage. Loring Way is a well-managed welcoming community in a prime location near downtown Minneapolis in beautiful Loring Park. Meet your neighbors at the remodeled fitness center, 1st floor lobby with a book exchange, and a new community Sun Deck opening in July! Minutes to entertainment venues, sports arenas, casual and fine dining, museums, and celebrated bike paths. Easy freeway and highway access, hop on 394, Hwy 94, and I35W in minutes. Pets welcome with some restrictions.

Last Agent to Sell the Property

Cynthia Frattallone

Coldwell Banker Realty Brokerage Phone: 612-709-1130 Listed on: 05/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Cynthia Frattallone

Coldwell Banker Realty Brokerage Phone: 612-709-1130 Listed on: 05/22/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1979

HOA Fees

  • $668 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924240447

Community Details

Overview

  • Association fees include maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Condo 0194 Loring Way Condo Subdivision

Amenities

  • Community Garden
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,119

Year Built

Built in 1979

Lot Details

0

HOA Fees

$668 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Lobby Entrance, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 893
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • 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, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 893
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • 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

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 668
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Natural Woodwork,Tile Floors

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), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924240447
  • Tax Annual Amount: 2119
  • TaxWithAssessments: 2119.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 15, 2024
Sold by
Frank Sharon
Bought by
Graham Sherry
Seller's Agent
Cynthia Frattallone
Coldwell Banker Realty
Buyer's Agent
Cynthia Frattallone
Coldwell Banker Realty
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Views
19
Current Estimated Value
$160,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,529
Avg. Annual Appreciation
6.35%
Original Mortgage
$127,500
Outstanding Balance
$126,305
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$34,015

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 12, 2024
Sold by
Frank Sharon R
Bought by
Graham Sherry S
Seller's Agent
Cynthia Frattallone
Coldwell Banker Realty
Buyer's Agent
Cynthia Frattallone
Coldwell Banker Realty
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$126,305
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$34,015
Source: Public Records

Range of Values:

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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
Deed $150,000 --
Warranty Deed $150,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,500 New Conventional
Closed $127,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $150,000 -6.3% $168 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/08/2024 06/08/24 Price Changed $160,000 -5.3% $179 / Sq Ft
05/22/2024 05/22/24 For Sale $169,000 -- $189 / 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 $2,119 $161,000 $30,000 $131,000
2022 $2,638 $184,000 $27,000 $157,000
2021 $2,273 $189,000 $26,000 $163,000
2020 $2,643 $168,500 $19,700 $148,800
2019 $2,722 $181,000 $13,100 $167,900
2018 $2,559 $181,000 $13,100 $167,900
2017 $2,492 $160,500 $13,100 $147,400
2016 $2,401 $151,000 $13,100 $137,900
2015 $2,379 $142,500 $13,100 $129,400
2014 -- $128,500 $13,100 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6537829

NorthstarMLS

APN: 27-029-24-24-0447