NOT LISTED FOR SALE

2600 University Ave SE Unit 405 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $177,897 - $191,000

1 Bed
1 Bath
611 Sq Ft
$312/mo HOA Fee

Last Sold June 23, 2023

Last sale price $177,000 $290 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,489/month

63 Days on Market

Highlights

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

About This Home

As of June 2023

Fantastic UofM Location! Bright and open 1 bedroom unit featuring a modern open kitchen with center island, in-unit laundry and off-street parking. Walk to TCF Bank Stadium, restaurants & shops right outside your door, the light rail green line, the U of M Campus, the river, and more! Fourth floor, top unit with balcony. Secure building offers a fitness center, game room, and conference area. New building exterior, windows and HVAC in unit too. HOA covers water, trash, and internet; perfect for an owner occupant or investment property purchase! Rentals are allowed! No pets. Cable & Internet are just $28.00 per month. Carpeting to be replaced after tenant move-out.

Last Agent to Sell the Property

Katherine Bean

Keller Williams Realty Integrity Lakes Listed on: 03/22/2023

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Yu Jie Chen

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 2006

Lot Details

  • 0.94

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923240138

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, parking, professional mgmt, trash, snow removal, water
  • First Service Residential Association, Phone Number (612) 381-8600
  • High-Rise Condominium
  • Cic 1721 University Flats Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,425

Year Built

Built in 2006

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 611
  • 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, Microwave, Range, Refrigerator, Washer
  • Living Area: 611
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Garage Square Feet: 0
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 612-381-8600
  • Association Fee: 312
  • Association: Yes
  • Amenities Unit: Balcony,Kitchen Center Island

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: Common
  • Lot Size Sq Ft: 40902.84
  • 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: 2022
  • Assessor Parcel Number: 3002923240138
  • Tax Annual Amount: 2425
  • TaxWithAssessments: 2425.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 21, 2023
Sold by
Sudesh K Chhabra Revocable Trust
Bought by
Wang Shiyun and Zhang Yinqi
Seller's Agent
Katherine Bean
Keller Williams Realty Integrity Lakes
Buyer's Agent
Yu Jie Chen
RE/MAX Results
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%
Views
80
Current Estimated Value
$182,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,474
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Jan 21, 2013
Sold by
Chhabra Sudesh Kumar and Chhabra Panzy
Bought by
Chhabra Sudesh Kumar and Chhabra Panzy
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
Wang Shiyun $177,000 None Listed On Document
Chhabra Sudesh Kumar -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $177,000 -3.0% $290 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $182,500 -1.4% $299 / Sq Ft
03/22/2023 03/22/23 For Sale $185,000 -- $303 / 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 $2,031 $175,000 $20,000 $155,000
2022 $2,425 $175,000 $20,000 $155,000
2021 $2,302 $175,000 $20,000 $155,000
2020 $2,616 $175,000 $5,900 $169,100
2019 $2,695 $180,500 $5,900 $174,600
2018 $2,531 $180,500 $5,900 $174,600
2017 $2,471 $160,500 $5,900 $154,600
2016 $2,322 $146,000 $5,900 $140,100
2015 $2,438 $146,000 $5,900 $140,100
2014 -- $137,000 $5,900 $131,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6344526

NorthstarMLS

APN: 30-029-23-24-0138