NOT LISTED FOR SALE

2525 3rd Ave S Unit 104 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $86,000 - $94,000

1 Bed
1 Bath
535 Sq Ft
0.58 Acres

Highlights

  • No HOA
  • Coin Laundry
  • 3-minute walk to Clinton Field Park
  • Living Room

About This Home

As of July 2024

Very affordable 1 bed, 1 bath unit at the Arches at Arts Building across the street from Mpls College of Art & Design. Secure building (no elevator). Unit offers open floor plan with Kitchen that flows right into your dining and LR areas. Large windows from the LR fill the unit with light. Tiled entryway with closet for storage. Full bath and generous sized bedroom w/new carpet. Wall AC unit in bedroom. Avail July 1 – 9, 12, 18, 24 month lease options (leases shorter than 1yr subject to one time $125 short term lease fee). Tenant pays electric only. Shared coin-op laundry on site. On-street parking only (1 space in back lot for additional $50/month if available, handled by HOA). No dogs. 1 cat ok w/$250 ref pet deposit. Every pet/animal must go thru prof screening process and apply. The fee is $20 paid directly to the 3rd party screening vendor plus $20/pet app fee paid at time of move in. Renters insurance required. Info deemed reliable but not guaranteed.

Last Agent to Rent the Property

Jessica Composto

Tradewind Properties Listed on: 06/19/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1966

Lot Details

  • 0.58

Parking

  • On-Street Parking

Interior Spaces

  • 535 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Boiler Heating System

Listing and Financial Details

  • Property Available on 7/1/24
  • The owner pays for gas, trash collection
  • Assessor Parcel Number 3402924140125

Community Details

Overview

  • No Home Owners Association
  • Association fees include maintenance structure, ground maintenance, trash, snow removal, water
  • Low-Rise Condominium
  • Cic 1400 Arches At Arts Condo Subdivision

Amenities

  • Coin Laundry

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,250

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-01
  • Lease Price: 900.0000
  • ApplicationFee: 45.0000
  • SecurityDeposit: 900.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 535
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 535
  • Fireplace: No
  • Owner Pays: Gas, Trash Collection
  • Basement YN: No
  • Dining Room Type: Kitchen, Bedroom 1, Living Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Whittier

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Boiler
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Trash, Snow Removal, Water
  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Brick/Stone

Tax Info

  • Assessor Parcel Number: 3402924140125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Fuad Tanya and Barwari Salah J
Bought by
Progress Real Estate Llc
Current Estimated Value
$89,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Outstanding Balance
$39,903
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$52,325

Purchase Details

Closed on
Jun 18, 2008
Sold by
Us Bank Na
Bought by
Fuad Tanya and Not Provided

Purchase Details

Closed on
Jul 12, 2005
Sold by
Krown Ventures Inc
Bought by
Minnick Sean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Progress Real Estate Llc $65,000 Lendserv National Title & In
Fuad Tanya $42,000 --
Minnick Sean $57,500 --
Minnick Sean $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Real Estate Llc $48,750
Closed Real Estates Llc $48,750
Previous Owner Faleschini Peter $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Rented $900 0.0% --
07/11/2024 07/11/24 Off Market $900 -- --
06/19/2024 06/19/24 For Rent $900 -- --
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 $1,250 $93,000 $6,000 $87,000
2022 $1,258 $88,000 $6,000 $82,000
2021 $1,163 $88,000 $4,000 $84,000
2020 $1,058 $84,000 $9,100 $74,900
2019 $941 $73,000 $9,100 $63,900
2018 $886 $63,000 $9,100 $53,900
2017 $808 $52,500 $9,100 $43,400
2016 $914 $57,500 $9,100 $48,400
2015 $1,035 $62,000 $9,100 $52,900
2014 -- $51,500 $9,100 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6556375

NorthstarMLS

APN: 34-029-24-14-0125