NOT LISTED FOR SALE

2600 University Ave SE Unit 410 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $315,000 - $334,165

4 Beds
3 Baths
1,189 Sq Ft
$605/mo HOA Fee

Last Sold August 04, 2023

Last sale price $339,000 $285 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,694/month

195 Days on Market

Highlights

  • City View
  • Elevator
  • Eat-In Kitchen
  • 40,903 Sq Ft lot
  • Stainless Steel Appliances
  • Living Room

About This Home

As of August 2023

Luxury top floor condo with 4 bedrooms and 3 bathrooms on UMN campus with sweeping skyline views. Stainless steel appliances. Granite countertops in kitchen and bath. Durable maple vinyl plank floors throughout the unit. Two in-suite bathrooms. Secured/fob entry to the building. 1 heated underground garage parking space. Laundry inside unit. Fitness center, business center, and game/party room included. Perfect for investors and families with college students. Occupy one bedroom and rent out the rest. Four-bedroom suite maximizes the rental income. Making money while supporting children through college. Rentals are allowed by the HOA. Building residents include many graduate students and medical students. One of the best units in the condo building in terms of location, views, size, and lower HOA fees than other 4 bedroom units. Pets not allowed except for ESA/service animals. Please click the virtual tour and measure room sizes. Accepting backup offers.

Last Agent to Sell the Property

Zoe Zhi

Sweet Home Realty, LLC Listed on: 01/20/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 2006

Lot Details

  • 0.94

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Insulated Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views
  • Basement
  • Drain

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3002923240143

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,186

Year Built

Built in 2006

Lot Details

0

HOA Fees

$605 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, Hallways 42"+, Door Lever Handles, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security, Security Lighting
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1189
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 1189
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Block, Drain Tiled
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1189
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • Shared Rooms: Amusement/Party Room,Business Center,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Flat
  • ConstructionMaterialsDesc: Brick,Concrete,Insulating Concrete Forms,Stone
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Insulated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-381-8600
  • Association Fee: 605
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),City View,Ethernet Wired,Exercise Room,Indoor Sprinklers,Kitchen Center Island,Other

Association/Amenities

  • HOA Management Co: Cities Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0.939
  • 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, Other

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3002923240143
  • Tax Annual Amount: 4186
  • TaxWithAssessments: 4186.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Aug 4, 2023
Sold by
Sweet Homes Solutions Llc
Bought by
Tallapaka Saket
Seller's Agent
Zoe Zhi
Sweet Home Realty, LLC
List Price
$400,000
Sold Price
$339,000
Premium/Discount to List
-$61,000
-15.25%
Views
185
Current Estimated Value
$323,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,209
Avg. Annual Appreciation
-2.20%
Original Mortgage
$169,500
Outstanding Balance
$165,901
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$157,890

Purchase Details

Closed on
Aug 14, 2020
Sold by
Mikkelson Randolf and Harper Mary
Bought by
Sweet Home Solutions Llc

Purchase Details

Closed on
Oct 16, 2009
Sold by
Rustad John R
Bought by
Mikkelson Randolf and Harpen Mary
Source: Public Records

Range of Values:

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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
Tallapaka Saket $339,000 First American Title Insurance
Sweet Home Solutions Llc $320,000 Title One Inc
Mikkelson Randolf $182,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tallapaka Saket $169,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2023 08/05/23 Pending -- -- --
08/04/2023 08/04/23 Sold $339,000 -3.1% $285 / Sq Ft
07/06/2023 07/06/23 Price Changed $350,000 -2.8% $294 / Sq Ft
06/17/2023 06/17/23 Price Changed $360,000 -4.0% $303 / Sq Ft
03/24/2023 03/24/23 Price Changed $375,000 -6.3% $315 / Sq Ft
01/20/2023 01/20/23 For Sale $400,000 -- $336 / 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 $3,942 $302,000 $36,000 $266,000
2022 $4,186 $302,000 $36,000 $266,000
2021 $4,040 $302,000 $36,000 $266,000
2020 $4,515 $302,000 $10,300 $291,700
2019 $4,651 $311,500 $10,300 $301,200
2018 $4,372 $311,500 $10,300 $301,200
2017 $4,265 $277,000 $10,300 $266,700
2016 $4,024 $253,000 $10,300 $242,700
2015 $4,224 $253,000 $10,300 $242,700
2014 -- $237,500 $10,300 $227,200
Source: Public Records

Agents Affiliated with this Home

  • Zoe Zhi

    Seller's Agent in 2023

    Zoe Zhi

    Sweet Home Realty, LLC

    (952) 270-8770

    2 in this area

    4 Total Sales

    Zoe Zhi
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Map

Source: NorthstarMLS

MLS Number: 6322162

NorthstarMLS

APN: 30-029-23-24-0143

Minnesota Hennepin County Minneapolis 55414 Prospect Park

2600 University Ave SE Unit 410, Minneapolis, MN

This home is located at 2600 University Ave SE Unit 410, Minneapolis, MN 55414 since 20 January 2023 and is currently estimated at $323,791, approximately $272 per square foot. This property was built in 2006. 2600 University Ave SE Unit 410 is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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