NOT LISTED FOR SALE

2600 University Ave SE Unit 103 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $124,000 - $139,000

1 Bed
1 Bath
450 Sq Ft
$237/mo HOA Fee

Last Sold April 28, 2023

Last sale price $110,000 $244 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,079/month

166 Days on Market

Highlights

  • 40,903 Sq Ft lot
  • Elevator
  • Forced Air Heating and Cooling System
  • Home Gym
  • 1-Story Property
  • High-Rise Condominium

About This Home

As of April 2023

Freshly painted! In the heart of the University of Minnesota! The condo offers a washer & dryer in-unit, and many building amenities, an exercise room, and a game room with a pool and ping pong table. Main/first-floor unit with porch. High-speed Internet, water/sewer, and trash are included in the rent.

Last Agent to Sell the Property

Michael Getty

Mauzy Properties Listed on: 09/16/2022

Last Buyer's Agent

Misba Rehman

HomeAvenue Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 2006

Lot Details

  • 0.94

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • Home Gym
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923240157

Community Details

Overview

  • Association fees include controlled access, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1721 University Flats Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,566

Year Built

Built in 2006

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 450
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area: 450
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Bedroom 1
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: On-Street Parking Only
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Controlled Access, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 237
  • Association: Yes
  • Amenities Unit: Exercise Room,Patio,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Commons
  • 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: Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3002923240157
  • Tax Annual Amount: 1566
  • TaxWithAssessments: 1566.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2025
Sold by
Rehman Madeeha and Rehman Misba
Bought by
Alcaraz Miguel Cuevas and Cuevas Pedro Luis
Current Estimated Value
$132,345

Purchase Details

Listed on
Sep 16, 2022
Closed on
Apr 28, 2023
Sold by
Steiner Michelle and Steiner Benjamin John
Bought by
Rehman Madeeha and Rehman Misba
Seller's Agent
Michael Getty
Mauzy Properties
Buyer's Agent
Misba Rehman
HomeAvenue Inc
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$82,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
University Flats Llc
Bought by
Steiner Michelle and Steiner Benjamin
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
Alcaraz Miguel Cuevas $135,000 Knight Barry Title
Rehman Madeeha $110,000 On-Site Title
Steiner Michelle $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rehman Madeeha $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Off Market $1,250 -- --
03/19/2025 03/19/25 For Rent $1,250 0.0% --
04/28/2023 04/28/23 Sold $110,000 -12.0% $244 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $125,000 -3.8% $278 / Sq Ft
01/02/2023 01/02/23 Price Changed $130,000 -7.1% $289 / Sq Ft
09/16/2022 09/16/22 For Sale $140,000 -- $311 / 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
2024 $1,681 $113,000 $14,000 $99,000
2023 $1,475 $113,000 $14,000 $99,000
2022 $1,566 $113,000 $14,000 $99,000
2021 $1,511 $113,000 $14,000 $99,000
2020 $1,689 $113,000 $5,300 $107,700
2019 $1,739 $116,500 $5,300 $111,200
2018 $1,638 $116,500 $5,300 $111,200
2017 $1,228 $104,000 $5,300 $98,700
2016 $1,126 $95,500 $5,300 $90,200
2015 $1,184 $95,500 $5,300 $90,200
2014 -- $89,500 $5,300 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6261196

NorthstarMLS

APN: 30-029-23-24-0157