Phoenix on the River 222 2nd St SE Unit 1502 Minneapolis, MN 55414
Marcy-Holmes Neighborhood
3
Beds
3
Baths
3,150
Sq Ft
$2,653/mo
HOA Fee
Highlights
- River View
- Elevator
- Patio
- Home Office
- 3 Car Attached Garage
- 4-minute walk to Father Hennepin Bluffs Park
About This Home
As of November 2024One-of-a-kind at The Phoenix! Gorgeous finishes, custom floor plan & beautiful river & skyline views. Gourmet kitchen w/direct venting and Wolf & Sub-Zero appliances. Walls of glass, hardwood flooring, and a large recessed private terrace. 3 garage stalls & a large storage room. On-site management and 24 hour staffing in an unbeatable riverfront location with convenient access to Old Town retail & restaurants.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,977
Year Built
- Built in 2009
HOA Fees
- $2,653 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Property Views
- River
Interior Spaces
- 3,150 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
Additional Features
- Patio
- River Front
Listing and Financial Details
- Assessor Parcel Number 2302924130941
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care
- Firstservice Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Phoenix On The River Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 5, 2024
Sold by
Duane And Patti Ring Revocable Trust and Ring Duane W
Bought by
Heim Thomas J and Heim Catherine A
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Kathryn Kenney
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$2,000,000
Total Days on Market
27
Views
22
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
-$35,194
Avg. Annual Appreciation
-3.18%
Original Mortgage
$802,650
Outstanding Balance
$798,683
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,166,123
Purchase Details
Closed on
Jun 27, 2011
Sold by
Ring Duane W and Ring Patti S
Bought by
Ring Duane W and Ring Patti S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 30, 2011
Sold by
Phoenix Lofts Inc
Bought by
Ring Duane W and Ring Patti S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Minneapolis, MN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,000,000 | Edina Realty Title | |
| Deed | $2,000,000 | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $1,530,730 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $802,650 | New Conventional | |
| Closed | $802,650 | New Conventional | |
| Previous Owner | $775,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $775,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $2,000,000 | 0.0% | $635 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $2,000,000 | -- | $635 / 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 | $27,977 | $1,841,000 | $47,000 | $1,794,000 |
| 2022 | $31,358 | $1,938,000 | $47,000 | $1,891,000 |
| 2021 | $30,172 | $1,938,000 | $47,000 | $1,891,000 |
| 2020 | $34,458 | $1,937,500 | $42,200 | $1,895,300 |
| 2019 | $35,408 | $2,039,500 | $42,200 | $1,997,300 |
| 2018 | $33,962 | $2,039,500 | $42,200 | $1,997,300 |
| 2017 | $32,672 | $1,832,500 | $24,300 | $1,808,200 |
| 2016 | $30,132 | $1,647,000 | $24,300 | $1,622,700 |
| 2015 | $27,646 | $1,451,000 | $24,300 | $1,426,700 |
| 2014 | -- | $1,418,000 | $24,300 | $1,393,700 |
Source: Public Records
Agents Affiliated with this Home
-
Fritz Kroll
Seller's Agent in 2024
Fritz Kroll
Edina Realty, Inc.
(612) 347-8088
7 in this area
189 Total Sales
-
Kathryn Kenney
Buyer's Agent in 2024
Kathryn Kenney
Coldwell Banker Burnet
(612) 558-6488
1 in this area
71 Total Sales
About Phoenix on the River
Map
Source: NorthstarMLS
MLS Number: 6605664
APN: 23-029-24-13-0941
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