NOT LISTED FOR SALE

2525 3rd Ave S Unit 206 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $92,000 - $100,000

1 Bed
1 Bath
566 Sq Ft
$210/mo HOA Fee

Last Sold February 09, 2023

Last sale price $92,000 $163 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $857/month

106 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • 3-minute walk to Clinton Field Park

About This Home

As of February 2023

The building has 2 laundry facilities! Enjoy easy access to 35W and close proximity to Uptown and Downtown. Association fee is only $210/mo. and includes gas, heat, water/sewer, trash, professional management, etc... Rear parking lot has space available for additional $50/month. Tenant pays all utilities not already covered under association fee. This lease expires 8/31/23. Association allows cats and dogs, restrictions apply to breed, size, and number of pets.

Last Agent to Sell the Property

Carrie Sink

Coldwell Banker Realty Brokerage Phone: 612-298-2809 Listed on: 09/25/2022

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1966

Lot Details

  • 0.58

HOA Fees

  • $210 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Boiler Heating System

Community Details

  • Association fees include gas, heating, ground maintenance, parking, professional mgmt, trash, lawn care, snow removal, water
  • Sharper Management Association, Phone Number (952) 224-4777
  • Low-Rise Condominium
  • Cic 1400 Arches At Arts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402924140139

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,289

Year Built

Built in 1966

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 566
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: irregular
  • Attribution Contact: 612-298-2809
  • Attribution Contact: 612-298-2809
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 566
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Whittier

Garage/Parking

  • Parking Features: Parking Lot
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Heating, Maintenance Grounds, Parking, Professional Mgmt, Trash, Lawn Care, Snow Removal, Water
  • Phone: 952-224-4777
  • Association Fee: 210
  • Association: Yes

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 25177.68
  • Land Lease: No
  • 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: 3402924140139
  • Tax Annual Amount: 1289
  • TaxWithAssessments: 1328.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2022
Closed on
Jan 30, 2023
Sold by
2Kh Enterprises Llc
Bought by
Pruet Jesse
Seller's Agent
Carrie Sink
Coldwell Banker Realty
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%
Views
38
Current Estimated Value
$95,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,780
Avg. Annual Appreciation
5.05%
Original Mortgage
$65,000
Outstanding Balance
$63,250
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$40,766

Purchase Details

Closed on
Nov 7, 2011
Sold by
Wells Fargo Bank Na
Bought by
2Kh Enterprises Llc

Purchase Details

Closed on
Apr 28, 2005
Sold by
Jumpstart Capital Llc
Bought by
Elsner Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pruet Jesse $92,000 Network Title
2Kh Enterprises Llc $35,200 First American Title
Elsner Gene $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruet Jesse $65,000
Previous Owner Elsner Gene $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $92,000 0.0% $163 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/21/2022 12/21/22 Off Market $92,000 -- --
09/25/2022 09/25/22 For Sale $95,000 -- $168 / 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 $1,410 $108,000 $6,000 $102,000
2022 $1,328 $98,000 $6,000 $92,000
2021 $1,224 $93,000 $4,000 $89,000
2020 $1,116 $88,500 $10,200 $78,300
2019 $993 $77,000 $10,200 $66,800
2018 $931 $66,500 $10,200 $56,300
2017 $847 $55,000 $10,200 $44,800
2016 $954 $60,000 $10,200 $49,800
2015 $943 $56,500 $10,200 $46,300
2014 -- $47,000 $10,200 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6255859

NorthstarMLS

APN: 34-029-24-14-0139