$3,995,000
SOLD MAR 15, 2023
3 Beds
3.5 Baths
5,647 Sq Ft
$4,073/mo HOA Fee

Recently Sold

$707 Per Sq Ft

Highlights

  • River View
  • Main Floor Primary Bedroom
  • Sitting Room
  • 28,532 Sq Ft lot
  • Corner Lot
  • 4-minute walk to Father Hennepin Bluffs Park

About This Home

As of March 2023

Breathtaking penthouse with unrivaled panoramic views of the entire Minneapolis skyline and Mississippi River, including Saint Anthony Falls. This one-of-a-kind offering provides an elevated lifestyle experience for those seeking luxury, privacy, security, space, beauty, and exquisite designer finishes. With grand spaces for entertaining, the dramatic floor to ceiling windows and private terraces capture magnificent sunsets behind the city skyline. East facing bedrooms enjoy the sunrise. The expansive 5,600 square foot plan includes a private secure elevator that travels directly from the four parking stalls to the residence entry foyer. Inquire for full details.

Last Agent to Sell the Property

Elisabeth Lucas

Coldwell Banker Realty Brokerage Phone: 612-327-5905 Listed on: 12/15/2022

Coldwell Banker Realty

Co-Listed By

Lori Schneck

Coldwell Banker Realty Brokerage Phone: 612-327-5905

Last Buyer's Agent

Elisabeth Lucas

Coldwell Banker Realty Brokerage Phone: 612-327-5905 Listed on: 12/15/2022

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,771

Year Built

  • Built in 2007

HOA Fees

  • $4,073 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Varies By Unit
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Property Views

  • River

Interior Spaces

  • 5,647 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Library
  • Storage Room

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Filtration System
  • Cable TV Available

Additional Features

  • Patio
  • River Front

Listing and Financial Details

  • Assessor Parcel Number 2302924130950

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1568 Phoenix On The River Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,771

Year Built

Built in 2007

Lot Details

0

HOA Fees

$4,073 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water - In Street
  • Association Amenities: Guard - 24 Hour, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security, Security Lighting
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 5647
  • Water Body Name: Mississippi River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-327-5905
  • Attribution Contact: 612-327-5905
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Filtration System, Microwave, Refrigerator, Wall Oven, Washer
  • Living Area: 5647
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Pantry (Walk-In), Bedroom 1, Sitting Room, Bedroom 2, Bedroom 3, Primary Bathroom, Walk In Closet, Library, Laundry, Patio, Foyer, Bathroom, Storage
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • PoolFeatures: None
  • Fencing: Split Rail
  • View: East, Panoramic, See Remarks, River, South, West
  • ConstructionMaterialsDesc: Brick,Concrete,Steel
  • Neighborhood: Marcy Holmes
  • PatioPorchType: Terrace
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Secured, Storage, Units Vary
  • Garage Square Feet: 293

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 4073
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Panoramic View,Security System,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 28531.8
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302924130950
  • Tax Annual Amount: 43771
  • TaxWithAssessments: 43771.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 9, 2023
Sold by
Robert S Lenz Revocable Trust
Bought by
River Place Llc
Seller's Agent
Elisabeth Lucas
Coldwell Banker Realty
Buyer's Agent
Elisabeth Lucas
Coldwell Banker Realty
Sold Price
$3,995,000
Views
91
Current Estimated Value
$3,284,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$710,976
Avg. Annual Appreciation
-7.47%

Purchase Details

Closed on
Jun 15, 2018
Sold by
Paul Tho0mas S and Lenz Robert S
Bought by
Paul Thomas S and Lenz Robert S

Purchase Details

Closed on
Aug 29, 2017
Sold by
Hmr Realty Inc
Bought by
Paul Thomas S and Lenz Robert S

Purchase Details

Closed on
Oct 27, 2011
Sold by
Phoenix Lofts Inc
Bought by
Hmr Realty Llc
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 $3,995,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $2,700,000 Burnet Title
Warranty Deed $6,950,000 Titlenexus Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Rented $10,000 -42.9% --
05/05/2023 05/05/23 For Rent $17,500 0.0% --
03/15/2023 03/15/23 Sold $3,995,000 -- $707 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/15/2022 12/15/22 For Sale -- -- --
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 $44,916 $2,900,000 $92,000 $2,808,000
2022 $44,472 $2,818,000 $92,000 $2,726,000
2021 $43,898 $2,710,000 $92,000 $2,618,000
2020 $45,072 $2,508,000 $39,500 $2,468,500
2019 $46,307 $2,640,000 $39,500 $2,600,500
2018 $46,092 $2,640,000 $39,500 $2,600,500
2017 $45,183 $2,500,000 $39,500 $2,460,500
2016 $74,074 $3,919,500 $39,500 $3,880,000
2015 $67,415 $3,411,000 $39,500 $3,371,500
2014 -- $3,335,000 $39,500 $3,295,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6309937

NorthstarMLS

APN: 23-029-24-13-0950