NOT LISTED FOR SALE

2600 University Ave SE Unit 412 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $237,545 - $245,000

2 Beds
2 Baths
873 Sq Ft
$473/mo HOA Fee

Last Sold April 24, 2023

Last sale price $225,000 $258 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,027/month

35 Days on Market

Highlights

  • City View
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Elevator
  • Porch
  • Living Room

About This Home

As of April 2023

Awesome opportunity to own close to campus! Great transportation nearby and also a secure underground parking spot in a heated parking garage. Nearby, you'll find Huntington Bank Stadium, Surly Brewing, O'Shaughnessy Distilling, and Malcom Yards. Stadium views from your 4th floor balcony--a wall of windows and sliders lets in a ton of natural light. The bigger 2 bedroom floor plan also allows room for dining space. In-unit laundry, exercise room, sanitation included--it couldn't be more convenient! Dishwasher and microwave have been updated and the range is brand new! Seller is offering a flooring allowance for the new owner to have brand new flooring installed as well. This building allows for rentals, so the opportunity continues even if you move on!

Last Agent to Sell the Property

Allyson Strycharske

Wits Realty Listed on: 03/10/2023

Last Buyer's Agent

Brian Holley

TheMLSonline.com, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 2006

Lot Details

  • 0.94

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Varies By Unit
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923240145

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,145

Year Built

Built in 2006

Lot Details

0

HOA Fees

$473 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
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 873
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 873
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room, Kitchen, Foyer, Porch, Laundry
  • Shared Rooms: Amusement/Party Room,Business Center,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Prospect Park - East River Road
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Asphalt, Heated Garage, Insulated Garage, Parking Garage, Underground, Units Vary

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal
  • Phone: 612-381-8600
  • Association Fee: 473
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),City View,Exercise Room,Main Floor Primary Bedroom,In-Ground Sprinkler,Tile Floors

Association/Amenities

  • HOA Management Co: Cities Management

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923240145
  • Tax Annual Amount: 3145
  • TaxWithAssessments: 3144.5400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 19, 2023
Sold by
Farnam Joseph L and Farnam Megan
Bought by
Hk University Llc
Seller's Agent
Allyson Strycharske
Wits Realty
Buyer's Agent
Brian Holley
TheMLSonline.com, Inc.
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
57
Current Estimated Value
$241,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,136
Avg. Annual Appreciation
2.86%
Source: Public Records

Range of Values:

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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
Hk University Llc $225,000 All American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $225,000 -6.2% $258 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $239,900 -2.1% $275 / Sq Ft
03/10/2023 03/10/23 For Sale $245,000 -- $281 / 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 $3,302 $222,000 $27,000 $195,000
2023 $3,120 $239,000 $27,000 $212,000
2022 $3,312 $239,000 $27,000 $212,000
2021 $3,197 $239,000 $27,000 $212,000
2020 $3,573 $239,000 $7,800 $231,200
2019 $3,680 $246,500 $7,800 $238,700
2018 $3,463 $246,500 $7,800 $238,700
2017 $3,380 $219,500 $7,800 $211,700
2016 $3,189 $200,500 $7,800 $192,700
2015 $3,348 $200,500 $7,800 $192,700
2014 -- $188,000 $7,800 $180,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6338523

NorthstarMLS

APN: 30-029-23-24-0145