$154,000
SOLD SEP 23, 2024
2 Beds
2 Baths
1,150 Sq Ft
$897/mo HOA Fee

Recently Sold

$134 Per Sq Ft

7% Below List Price

50 Days on Market

Highlights

  • Sauna
  • Deck
  • Elevator
  • City View
  • Community Garden
  • 4-minute walk to Loring Park

About This Home

As of September 2024

Step into luxurious urban living with this stunning 2-bedroom, 2-bathroom condo at Loring Way, perfectly situated in the heart of vibrant Loring Park! Imagine waking up to breathtaking views from your private balcony, enjoying a coffee while soaking in the beauty of the cityscape. This spacious condo features a walk-in closet, ensuring ample storage for your needs. The building boasts top-tier amenities, including a newly remodeled fitness center, sauna, community room, book exchange in the 1st-floor lobby, and an exciting new Sun Deck opening in July! With on-site management and security, your convenience and peace of mind are top priorities. Embrace an active lifestyle with nearby greenspaces, walking and biking paths, and easy access to lakes and golf courses. Plus, you'll be steps away from the best dining, shopping, entertainment venues, and art museums Minneapolis has to offer. This condo is your perfect gateway to easy living and endless city adventures. Make it yours today!

Last Agent to Sell the Property

Mitchel Herian

Kris Lindahl Real Estate Listed on: 07/30/2024

Kris Lindahl Real Estate

Last Buyer's Agent

Mary Gaulke

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1979

HOA Fees

  • $897 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sauna

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2702924240498

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,158

Year Built

Built in 1979

Lot Details

0

HOA Fees

$897 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
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Elevator(s), Sauna
  • Fee Frequency: Monthly
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1150
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Range, Refrigerator
  • Living Area: 1150
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Foyer, Bathroom, Deck
  • Shared Rooms: Community Room,Exercise Room,Play Area

Beds/Baths

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

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Guest Parking, Heated Garage, Underground
  • Garage Square Feet: 43

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 897
  • Association: Yes
  • Amenities Unit: Balcony,City View

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)
  • 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: 2702924240498
  • Tax Annual Amount: 2158
  • TaxWithAssessments: 2158.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 23, 2024
Sold by
Brenda The Buyer V Llc
Bought by
Holevas Ronald
Seller's Agent
Mitchel Herian
Kris Lindahl Real Estate
Buyer's Agent
Mary Gaulke
eXp Realty
List Price
$165,000
Sold Price
$154,000
Premium/Discount to List
-$11,000
-6.67%
Views
32
Current Estimated Value
$169,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,065
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Apr 9, 2024
Sold by
Welter Laura and Welter Brandon
Bought by
Brenda The Buyer V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,195
Interest Rate
6.9%
Mortgage Type
New Conventional
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 $154,000 --
Deed $136,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,195 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $154,000 -3.8% $134 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $160,000 -3.0% $139 / Sq Ft
07/30/2024 07/30/24 For Sale $165,000 -- $143 / 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 $2,158 $184,000 $43,000 $141,000
2022 $2,771 $215,000 $39,000 $176,000
2021 $2,794 $216,000 $38,000 $178,000
2020 $2,959 $224,000 $28,400 $195,600
2019 $3,052 $219,500 $18,900 $200,600
2018 $2,831 $219,500 $18,900 $200,600
2017 $2,739 $195,000 $18,900 $176,100
2016 $2,625 $183,000 $18,900 $164,100
2015 $2,595 $174,000 $18,900 $155,100
2014 -- $174,000 $18,900 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6578002

NorthstarMLS

APN: 27-029-24-24-0498