$220,000
SOLD AUG 27, 2024

2600 University Ave SE Unit 311 Minneapolis, MN 55414

Prospect Park Neighborhood
2 Beds
2 Baths
689 Sq Ft
$454/mo HOA Fee

Recently Sold

$319 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • Deck
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Heated Garage

About This Home

As of August 2024

Discover this stunning 2-bedroom, 2-bathroom condo ideally situated in the desirable Prospect Park neighborhood. Enjoy the convenience of being within walking distance to the University of Minnesota, Huntington Bank Stadium, and an array of restaurants, bars, and parks. This condo boasts an array of modern features, including in-unit laundry, stainless steel appliances, and beautiful hardwood floors. The primary bedroom offers a private bathroom and a spacious closet. Additionally, you'll have an underground parking space, as well as a balcony to relax on. The building itself offers a wealth of amenities, such as an exercise room, a recreational room, and a business center, ensuring you have everything you need right at your fingertips.

Last Agent to Sell the Property

Paul St. Andrew

RE/MAX Results Listed on: 07/24/2024

RE/MAX Results

Last Buyer's Agent

Kasey Weeks

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 2006

HOA Fees

  • $454 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 689 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, controlled access, hazard insurance, ground maintenance, parking, professional mgmt, recreation facility, 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 3002923240124

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,781

Year Built

Built in 2006

Lot Details

0

HOA Fees

$454 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 689
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 689
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Foyer, Deck

Beds/Baths

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

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-381-8600
  • Association Fee: 454
  • Association: Yes
  • Amenities Unit: Balcony

Association/Amenities

  • HOA Management Co: Cities Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3002923240124
  • Tax Annual Amount: 2781
  • TaxWithAssessments: 2780.8000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 22, 2024
Sold by
Jugovich Matthew and Zorn Jugovich Stephanie
Bought by
Ali Hussain and Ali Maryyam
Seller's Agent
Paul St. Andrew
RE/MAX Results
Buyer's Agent
Kasey Weeks
Coldwell Banker Realty
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Total Days on Market
22
Views
8
Current Estimated Value
$212,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,043
Avg. Annual Appreciation
-4.19%
Original Mortgage
$165,000
Outstanding Balance
$163,727
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$49,230

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 5, 2023
Sold by
Peng Chao and Chiu Shun
Bought by
Jugovich Matthew Daniel and Jugovich Stephanie Hannah
Seller's Agent
Jaclyn Buechner
Midwest Realty Network
Buyer's Agent
Paul St. Andrew
RE/MAX Results
List Price
$244,900
Sold Price
$214,000
Premium/Discount to List
-$30,900
-12.62%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$160,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Habib Mohamed A and Habib Arwo
Bought by
Peng Chao and Dan Chui Shun

Purchase Details

Closed on
Sep 8, 2006
Sold by
University Flats Llc
Bought by
Habib Mohamad A and Not Provided
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 $220,000 --
Warranty Deed $214,000 Dca Title
Warranty Deed $200,000 Dca Title
Warranty Deed $223,748 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $160,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $220,000 -4.3% $319 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $229,900 +7.4% $334 / Sq Ft
05/05/2023 05/05/23 Sold $214,000 0.0% $311 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/27/2023 03/27/23 Off Market $214,000 -- --
03/24/2023 03/24/23 Price Changed $229,900 -6.1% $334 / Sq Ft
03/16/2023 03/16/23 For Sale $244,900 -- $355 / 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 $2,780 $213,000 $24,000 $189,000
2022 $2,952 $213,000 $24,000 $189,000
2021 $2,849 $213,000 $24,000 $189,000
2020 $3,181 $213,000 $6,800 $206,200
2019 $3,277 $219,500 $6,800 $212,700
2018 $3,080 $219,500 $6,800 $212,700
2017 $3,002 $195,000 $6,800 $188,200
2016 $2,831 $178,000 $6,800 $171,200
2015 $2,972 $178,000 $6,800 $171,200
2014 -- $166,500 $6,800 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6570461

NorthstarMLS

APN: 30-029-23-24-0124