NOT LISTED FOR SALE

Estimated Value: $479,000 - $540,000

2 Beds
2 Baths
1,384 Sq Ft
$833/mo HOA Fee

Last Sold August 24, 2023

Last sale price $470,000 $340 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,049/month

64 Days on Market

Highlights

  • Heated Pool
  • 2 Car Attached Garage
  • Living Room
  • Elevator
  • Walk-In Closet
  • 4-minute walk to Gold Medal Park

About This Home

As of August 2023

Welcome to the pinnacle of city living on the Penthouse level of Bridgewater Lofts! This exquisite residence boasts 10-foot ceilings, providing an airy and spacious ambiance throughout. Conveniently located within the building, this open floor plan features 2 bedrooms and 2 large baths. Enjoy the added convenience of two parking stalls on level P1 located right by the elevator. Indulge in the breathtaking views of the city skyline from the outdoor pool and common areas. Immerse yourself in the vibrant surroundings, with Gold Medal Park and the Mississippi Riverfront just moments away. Experience the Minneapolis cultural scene with the Guthrie Theater and US Bank Stadium in close proximity. Savor the culinary delights of nearby restaurants, stock up on gourmet treats at Trader Joe's, explore the architectural wonder of the Stone Arch Bridge, or easily catch the light rail. The perfect blend of sophistication and convenience awaits you at this Penthouse-level haven.

Last Agent to Sell the Property

Lynn Burn

Compass Listed on: 06/07/2023

Compass

Last Buyer's Agent

Cynthia Froid

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,592

Year Built

  • Built in 2006

Lot Details

  • 2.06

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2602924120413

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,592

Year Built

Built in 2006

Lot Details

0

HOA Fees

$833 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Other, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1384
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1384
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Walk In Closet
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

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

Exterior Features

  • PoolFeatures: Heated, Outdoor Pool, Shared
  • Neighborhood: Downtown East

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Heated Garage, Parking Garage

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 833
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Other,Tile Floors,Washer/Dryer Hookup

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: Irregular
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2602924120413
  • Tax Annual Amount: 6592
  • TaxWithAssessments: 6591.6600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 21, 2023
Sold by
Anderson Gregory R
Bought by
Wagner Sarah and Wagner Timothy
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Total Days on Market
64
Views
68
Current Estimated Value
$512,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,625
Avg. Annual Appreciation
5.03%
Original Mortgage
$291,400
Outstanding Balance
$286,310
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$226,315

Purchase Details

Closed on
Aug 31, 2011
Sold by
The Bridgewater Lofts Llc
Bought by
Anderson Gregory R
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 Buyer Sale Price Title Company
Wagner Sarah $470,000 Watermark Title
Anderson Gregory R $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Timothy $150,000
Open Wagner Sarah $291,400
Previous Owner Anderson Gregory R $142,000
Previous Owner Anderson Gregory R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $470,000 -1.1% $340 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $475,000 -5.0% $343 / Sq Ft
06/07/2023 06/07/23 For Sale $500,000 -- $361 / 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 $5,952 $456,000 $25,000 $431,000
2022 $6,666 $443,000 $23,000 $420,000
2021 $6,794 $481,000 $19,000 $462,000
2020 $7,362 $506,500 $15,600 $490,900
2019 $7,582 $506,500 $7,800 $498,700
2018 $7,114 $506,500 $7,800 $498,700
2017 $6,952 $451,500 $7,800 $443,700
2016 $6,576 $413,500 $7,800 $405,700
2015 $6,262 $375,000 $7,800 $367,200
2014 -- $331,500 $7,800 $323,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374428

NorthstarMLS

APN: 26-029-24-12-0413