221 1st Ave NE Unit 25 Minneapolis, MN 55413
Nicollet Island NeighborhoodEstimated Value: $548,000 - $656,000
2
Beds
1.5
Baths
2,169
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- Loft
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of December 2021Elegant executive level end unit located in the desired central location of the Village Townhomes.
Original owner unit features front door on gorgeous and peaceful courtyard entrance and a 2 car side by side garage. Guests enter from the lush tree lined sidewalk into a bright light filled unit, complete
with hardwood floors, granite countertops and a great floor plan. Large rooms all have large windows
with Hunter Douglas blinds and window treatments allowing for great light and privacy. This unit
features an upstairs loft for an added sitting room/home office and a 2nd floor laundry. It also
features a flex space, rough-in and a separate entrance in lower level. Large sunny primary suite with walk in closet, and huge 2-sink bathroom with separate soaking tub and shower. Freshly painted, this
unit is move-in ready and has been meticulously cared for by seller. This Nicollet Island/East Bank neighborhood is in the heart of restaurants, boutiques, grocery, coffee shops and more.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,975
Year Built
- Built in 2002
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 73x23
HOA Fees
- $487 Monthly HOA Fees
Parking
- 2 Car Garage
- Tuck Under Garage
- Garage Door Opener
Home Design
- Metal Roof
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Loft
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
- Cable TV Available
Community Details
- Association fees include cable TV, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, snow removal
- Cities Management Association, Phone Number (612) 381-8600
- The Village Homes Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924210457
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2021
Closed on
Dec 6, 2021
Sold by
Ellingson Bruce E
Bought by
Baker David John and Baker Beth Ann
Seller's Agent
Margaret Mell
Coldwell Banker Realty
Buyer's Agent
Melodee Brooks
Edina Realty, Inc.
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%
Total Days on Market
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,279
Avg. Annual Appreciation
5.50%
Original Mortgage
$436,000
Outstanding Balance
$406,121
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$248,345
Purchase Details
Listed on
Sep 22, 2021
Closed on
Dec 2, 2021
Sold by
Ellingson Joyce Ellen and Ellingson Joyce E
Bought by
Ellingson Bruce E
Seller's Agent
Margaret Mell
Coldwell Banker Realty
Buyer's Agent
Melodee Brooks
Edina Realty, Inc.
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$406,121
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$248,345
Purchase Details
Closed on
Feb 5, 2020
Sold by
Ellingson Bruce E and Ellingson Joyce E
Bought by
Ellingson Kevin A
Purchase Details
Closed on
Nov 8, 2002
Sold by
Housing Partners Ii Llc
Bought by
Ellingson Bruce E and Ellingson Joyce E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baker David John | $545,000 | Edina Realty Title Inc | |
| Ellingson Bruce E | $526,202 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baker David John | $436,000 | |
| Previous Owner | Ellingson Bruce B | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2021 12/06/21 | Sold | $545,000 | -2.5% | $251 / Sq Ft |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $559,000 | -- | $258 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $8,158 | $602,000 | $4,000 | $598,000 |
| 2022 | $9,308 | $602,000 | $24,000 | $578,000 |
| 2021 | $8,975 | $640,000 | $24,000 | $616,000 |
| 2020 | $9,289 | $640,000 | $22,500 | $617,500 |
| 2019 | $9,026 | $615,500 | $22,500 | $593,000 |
| 2018 | $8,383 | $586,000 | $22,500 | $563,500 |
| 2017 | $8,008 | $516,500 | $22,500 | $494,000 |
| 2016 | $7,650 | $481,000 | $22,500 | $458,500 |
| 2015 | $6,563 | $394,500 | $22,500 | $372,000 |
| 2014 | -- | $394,500 | $22,500 | $372,000 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Mell
Seller's Agent in 2021
Margaret Mell
Coldwell Banker Burnet
(612) 865-9599
1 in this area
75 Total Sales
-
Melodee Brooks
Buyer's Agent in 2021
Melodee Brooks
Edina Realty, Inc.
(612) 802-5356
1 in this area
68 Total Sales
-
Randall Brooks
Buyer Co-Listing Agent in 2021
Randall Brooks
Edina Realty, Inc.
(612) 275-8434
1 in this area
10 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6092675
APN: 23-029-24-21-0457
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