NOT LISTED FOR SALE

2218 Nicollet Ave Unit 1 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $93,000 - $102,426

1 Bed
1 Bath
474 Sq Ft
$267/mo HOA Fee

Last Sold December 29, 2022

Last sale price $106,500 $225 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $884/month

121 Days on Market

Highlights

  • The kitchen features windows
  • Living Room
  • 1-Story Property

About This Home

As of December 2022

Charming and bright 1 bed/1 bath corner unit with 9 foot ceilings, exposed brick, tons of natural light, original woodwork & beautiful hardwood floors! Freshly painted throughout in a neutral color. The spacious full bathroom has a newer tub & surround. LOW monthly association fee includes free laundry, assigned off-street parking in the back parking lot, and a storage unit. Conveniently located with easy access to Uptown, downtown, the lakes, 35W and 94. Walk or bike to the Minneapolis Institute of Art or Eat Street favorites like Spyhouse, Pho 79 & Centro's new location just a few blocks south. Incredible opportunity to own for less than rent!

Last Agent to Sell the Property

Kelly Hudick

Marathon Realty Listed on: 08/05/2022

Last Buyer's Agent

Brooks Borrell

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1916

Lot Details

  • 0.3

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Utilities

  • Boiler Heating System

Community Details

  • Association fees include maintenance structure, controlled access, hazard insurance, heating, ground maintenance, parking, professional mgmt, trash, lawn care, water
  • Keller Management Association, Phone Number (952) 432-3722
  • Low-Rise Condominium
  • Cic 1136 Nicollet Flats Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402924210129

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,242

Year Built

Built in 1916

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 474
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Shared Access, Storage Space
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 474
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • SqFtTotal: 474.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Whittier

Garage/Parking

  • Parking Features: Assigned, Paved, Open
  • Garage Square Feet: 0
  • ParkingOpen: 1

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Heating, Maintenance Grounds, Parking, Professional Mgmt, Trash, Lawn Care, Water
  • Phone: 952-432-3722
  • Association Fee: 267
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Paneled Doors,Tile Floors

Association/Amenities

  • HOA Management Co: Keller Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 12937.32
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • 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: 2022
  • Assessor Parcel Number: 3402924210129
  • Tax Annual Amount: 1242
  • TaxWithAssessments: 1242.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Dec 29, 2022
Sold by
Venvelj Jean Paul
Bought by
Reis Alexander
Seller's Agent
Kelly Hudick
Marathon Realty
Buyer's Agent
Brooks Borrell
Compass
List Price
$115,000
Sold Price
$106,500
Premium/Discount to List
-$8,500
-7.39%
Views
1
Current Estimated Value
$98,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,143
Avg. Annual Appreciation
-0.44%
Original Mortgage
$85,200
Outstanding Balance
$83,185
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$22,065

Purchase Details

Closed on
Sep 28, 2006
Sold by
Fiorio John
Bought by
Verweij Jean Paul

Purchase Details

Closed on
Mar 14, 2003
Sold by
Close Sarah B
Bought by
Fiorio John
Source: Public Records

Range of Values:

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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
Reis Alexander $106,500 None Listed On Document
Verweij Jean Paul $105,000 --
Fiorio John $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Alexander $85,200
Previous Owner Verweij Jean Paul $100,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $106,500 -5.8% $225 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $113,000 -1.7% $238 / Sq Ft
07/30/2022 07/30/22 For Sale $115,000 -- $243 / 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 $988 $101,000 $9,000 $92,000
2022 $1,242 $109,000 $9,000 $100,000
2021 $1,069 $114,000 $9,000 $105,000
2020 $1,161 $104,500 $6,400 $98,100
2019 $969 $104,500 $6,400 $98,100
2018 $909 $90,000 $6,400 $83,600
2017 $855 $79,000 $6,400 $72,600
2016 $759 $69,000 $6,400 $62,600
2015 $644 $55,000 $6,400 $48,600
2014 -- $55,000 $6,400 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6242376

NorthstarMLS

APN: 34-029-24-21-0129