$228,850
SOLD JUN 29, 2023

2600 University Ave SE Unit 101 Minneapolis, MN 55414

Prospect Park Neighborhood
2 Beds
2 Baths
907 Sq Ft
$476/mo HOA Fee

Recently Sold

$252 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • 40,903 Sq Ft lot
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • Family Room

About This Home

As of June 2023

Updated 2 -bedroom unit in the heart of University of Minnesota! The condo offers 2BR/ 2 full baths. Washer and Dryer in unit, gym, playrooms amenities. Secure building with 1 underground parking space. Master bedroom features a private full bath. Walking distance to University of Minnesota and within 2 blocks of 2 Green light Rail Stations with easy access to Minneapolis/Saint Paul Downtown.

Last Agent to Sell the Property

Veerendra Shekhawat

Bridge Realty, LLC Listed on: 04/24/2023

Bridge Realty, LLC

Last Buyer's Agent

Misba Rehman

HomeAvenue Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 2006

HOA Fees

  • $476 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 907 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Cities Management Association, Phone Number (612) 381-8600
  • High-Rise Condominium
  • Cic 1721 University Flats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3002923240156

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,908

Year Built

Built in 2006

Lot Details

0

HOA Fees

$476 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 907
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 907
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Underground
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-381-8600
  • Association Fee: 476
  • Association: Yes

Association/Amenities

  • HOA Management Co: Cities Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 40902.84
  • Land Lease: No
  • 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: 2023
  • Assessor Parcel Number: 3002923240156
  • Tax Annual Amount: 2908
  • TaxWithAssessments: 2907.7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 29, 2023
Sold by
Shekhawat Veerendra and Bika Sunita
Bought by
Rehman Misba and Zarrin Sumaira
Seller's Agent
Veerendra Shekhawat
Bridge Realty, LLC
Buyer's Agent
Misba Rehman
HomeAvenue Inc
List Price
$235,000
Sold Price
$228,850
Premium/Discount to List
-$6,150
-2.62%
Views
21
Current Estimated Value
$238,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,797
Avg. Annual Appreciation
2.14%
Original Mortgage
$171,637
Outstanding Balance
$167,948
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$70,699

Purchase Details

Closed on
Sep 29, 2016
Sold by
Kim Hyon and Kim Hyung
Bought by
Shekhawat Veerendra and Bika Sunita

Purchase Details

Closed on
Jul 10, 2007
Sold by
University Flats Llc
Bought by
Kim Hyon and Kim Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.76%
Mortgage Type
New Conventional
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 $228,850 --
Warranty Deed $190,100 Home Title Inc
Warranty Deed $233,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,637 New Conventional
Previous Owner $177,000 New Conventional
Previous Owner $186,400 New Conventional
Previous Owner $23,300 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Off Market $1,795 -- --
04/22/2025 04/22/25 Price Changed $1,795 -10.0% $2 / Sq Ft
03/19/2025 03/19/25 For Rent $1,995 +2.3% --
05/08/2024 05/08/24 Rented $1,950 -2.3% --
03/29/2024 03/29/24 For Rent $1,995 0.0% --
06/29/2023 06/29/23 Sold $228,850 -2.6% $252 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $235,000 -- $259 / 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 $2,885 $221,000 $27,000 $194,000
2022 $3,063 $221,000 $27,000 $194,000
2021 $2,956 $221,000 $27,000 $194,000
2020 $3,092 $221,000 $8,600 $212,400
2019 $3,189 $228,000 $8,600 $219,400
2018 $2,960 $228,000 $8,600 $219,400
2017 $3,126 $203,000 $8,600 $194,400
2016 $2,950 $185,500 $8,600 $176,900
2015 $3,097 $185,500 $8,600 $176,900
2014 -- $173,500 $8,600 $164,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6359529

NorthstarMLS

APN: 30-029-23-24-0156