NOT LISTED FOR SALE

Estimated Value: $150,457 - $176,000

1 Bed
1 Bath
770 Sq Ft
$602/mo HOA Fee

Last Sold July 21, 2023

Last sale price $178,500 $232 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,659/month

38 Days on Market

Highlights

  • 69,565 Sq Ft lot
  • Stainless Steel Appliances
  • No Interior Steps
  • Main Floor Primary Bedroom
  • Living Room
  • 4-minute walk to Loring Park

About This Home

As of July 2023

Ahh, summer breezes in the tree tops! Your own private balcony overlooks the Greenway on the quiet side of the building. This unit has the open layout you've been looking for. New carpet and LVP flooring, freshly painted, move in ready. Loring Way is adjacent to the cultural events and beautiful green space of Loring Park and is a short stroll to Orchestra Hall, Nicollet Mall, Sculpture Garden, and Walker Art Center.
Major restoration since 2018 includes roof, facade, balconies, and other areas. Sellers have paid all assessments for these projects.
Shared amenities include fitness gym, sauna, sundeck, community room with library, professionally designed landscaping, and large guest parking lot. Association fee includes heat, water, sewer, trash, internet, cable, and laundry on each floor. This is a secure building with an on-site manager from 8 AM to midnight.
Make this your peaceful oasis in the bustling city.

Last Agent to Sell the Property

Juli Hagstrom

LaBelle Real Estate Group Inc Listed on: 05/23/2023

LaBelle Real Estate Group Inc

Last Buyer's Agent

Jerry Nelson

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1979

Lot Details

  • 1.6

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Guest Parking

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Pathway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2702924240476

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1979

Lot Details

0

HOA Fees

$602 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 770
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 770
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Rubber
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Brick,Stone
  • Neighborhood: Loring Park
  • PatioPorchType: Covered,Deck

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 602
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Deck,Exercise Room,Indoor Sprinklers,Main Floor Primary Bedroom,Paneled Doors,Tile Floors

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 69565.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924240476
  • Tax Annual Amount: 2382
  • TaxWithAssessments: 2382.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Nelson James A and Nelson Pamela K
Bought by
Nelson James A
Current Estimated Value
$167,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,870
Outstanding Balance
$166,442
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$672

Purchase Details

Listed on
May 23, 2023
Closed on
Jul 21, 2023
Sold by
Hunton Janice and Peregoy Betsy
Bought by
Nelson James and Nelson Pamela
Seller's Agent
Juli Hagstrom
LaBelle Real Estate Group Inc
Buyer's Agent
Jerry Nelson
LPT Realty, LLC
List Price
$195,000
Sold Price
$178,500
Premium/Discount to List
-$16,500
-8.46%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.69%
Original Mortgage
$176,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2015
Sold by
Botham Justin S and Botham Megan
Bought by
Hunton Janice A and Peregoy Betsy A

Purchase Details

Closed on
Mar 12, 2013
Sold by
Klots Motty and Elias Helen Katherine
Bought by
Botham Justin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2009
Sold by
Arnold Robert D
Bought by
Ellias Helen Katherine and Klotts Motty

Purchase Details

Closed on
Dec 19, 2006
Sold by
Hori Nahoko
Bought by
Arnold Robert D

Purchase Details

Closed on
Dec 12, 2002
Sold by
Frischman Matthew A
Bought by
Hori Nahoko

Purchase Details

Closed on
Sep 27, 2001
Sold by
Lund Stephanie W
Bought by
Frischman Matthew A
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
Nelson James A -- Boston National Title
Nelson James $178,500 --
Hunton Janice A $174,900 Concierge Title Inc
Botham Justin S $139,764 Liberty Title Inc
Ellias Helen Katherine $165,000 --
Arnold Robert D $166,000 --
Hori Nahoko $169,900 --
Frischman Matthew A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson James A $166,870
Previous Owner Nelson James $176,500
Previous Owner Botham Justin S $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $178,500 -3.5% $232 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $185,000 -5.1% $240 / Sq Ft
05/26/2023 05/26/23 For Sale $195,000 -- $253 / 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 $2,142 $144,000 $28,000 $116,000
2023 $1,834 $161,000 $28,000 $133,000
2022 $2,382 $179,000 $25,000 $154,000
2021 $2,115 $190,000 $24,000 $166,000
2020 $2,505 $177,000 $18,300 $158,700
2019 $2,585 $190,500 $12,200 $178,300
2018 $2,393 $190,500 $12,200 $178,300
2017 $2,315 $169,500 $12,200 $157,300
2016 $2,214 $159,000 $12,200 $146,800
2015 -- $150,500 $12,200 $138,300
2014 -- $130,000 $12,200 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368266

NorthstarMLS

APN: 27-029-24-24-0476