$382,000
SOLD SEP 12, 2024
2 Beds
2 Baths
1,110 Sq Ft
$740/mo HOA Fee

Recently Sold

$344 Per Sq Ft

4% Below List Price

32 Days on Market

Highlights

  • 89,864 Sq Ft lot
  • Community Garden
  • 1 Car Attached Garage
  • Community Pool
  • Elevator
  • 4-minute walk to Gold Medal Park

About This Home

As of September 2024

Welcome to Bridgewater Lofts. Steps to Gold Medal Park, the Mill City Farmer's Market, Guthrie Theater and countless shops, restaurants and attractions. This 2 bed and 2 bath unit offers an oasis in the city. The wall of windows brings in tons of natural light for you to enjoy. Hardwood floors stretch throughout the living space from the front hallway to the spacious kitchen and into the living room. Relax in your private primary bedroom and bathroom. The Bridgewater also features a large community room on the 8th floor (use elevator A) and a rooftop pool and hot tub overlooking US Bank Stadium (use elevator B). Sellers parking stall is 1011. HOA is $670.38/month plus $69.73/month for the parking stall

Last Agent to Sell the Property

Matthew Wandzel

Edina Realty, Inc. Listed on: 07/22/2024

Edina Realty, Inc.

Last Buyer's Agent

Nicole Pierce

Nicole L Pierce Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 2006

HOA Fees

  • $740 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2602924120341

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • First Service Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1766 Bridgewater Lofts Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

Built in 2006

Lot Details

0

HOA Fees

$740 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Spa/Hot Tub, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1110
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Living Area: 1110
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • PoolFeatures: Shared
  • Neighborhood: Downtown East

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 200

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 740
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Primary Bedroom Walk-In Closet,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 89864.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2602924120341
  • Tax Annual Amount: 4620
  • TaxWithAssessments: 4620.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 11, 2024
Sold by
Helmerichs Robert
Bought by
Pierce Bartt and Pierce Nicole
Seller's Agent
Matthew Wandzel
Edina Realty, Inc.
Buyer's Agent
Nicole Pierce
Nicole L Pierce Realty
List Price
$400,000
Sold Price
$382,000
Premium/Discount to List
-$18,000
-4.5%
Total Days on Market
32
Views
32
Current Estimated Value
$399,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,239
Avg. Annual Appreciation
6.23%
Original Mortgage
$324,700
Outstanding Balance
$322,702
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$76,537

Purchase Details

Closed on
Jan 2, 2008
Sold by
The Bridgewater Lofts Llc
Bought by
Helmerichs Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,850
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $382,000 --
Warranty Deed $296,869 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,700 New Conventional
Previous Owner $233,000 New Conventional
Previous Owner $234,300 New Conventional
Previous Owner $236,850 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $382,000 -4.5% $344 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $400,000 -- $360 / 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 $4,620 $355,000 $23,000 $332,000
2022 $5,433 $361,000 $21,000 $340,000
2021 $5,518 $392,000 $17,000 $375,000
2020 $5,979 $412,500 $15,800 $396,700
2019 $6,158 $412,500 $7,900 $404,600
2018 $5,786 $412,500 $7,900 $404,600
2017 $5,412 $354,500 $7,900 $346,600
2016 $5,076 $324,500 $7,900 $316,600
2015 $4,781 $294,500 $7,900 $286,600
2014 -- $260,500 $7,900 $252,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6548779

NorthstarMLS

APN: 26-029-24-12-0341