NOT LISTED FOR SALE

2750 Cedar Ave S Unit 304 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $133,000 - $213,000

2 Beds
1 Bath
914 Sq Ft
$360/mo HOA Fee

Last Sold May 01, 2023

Last sale price $120,000 $131 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,481/month

124 Days on Market

Highlights

  • City View
  • Living Room
  • Forced Air Heating and Cooling System
  • Elevator
  • 1-Story Property
  • 5-minute walk to Midtown Greenway

About This Home

As of May 2023

Great affordable opportunity for owner occupant or investor. Immaculate corner unit with both south and west exposure. This top-floor, former-model unit is in a very secure building with underground, heated parking, a gorgeous maple kitchen, an open floor plan, and a private balcony. This location has perfect proximity to the light rail, downtown Minneapolis, the Mpls/St. Paul International Airport, M'haha Falls, and both Greenway and Hiawatha trails. Great restaurants and shopping just blocks away. Don't miss out on this one.

Last Agent to Sell the Property

Philip Reinking

Edina Realty, Inc. Listed on: 11/23/2022

Edina Realty, Inc.

Last Buyer's Agent

Brittney Shull

Engel & Volkers Lake Minnetonka

Engel & Volkers Lake Minnetonka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 2005

Lot Details

  • 10,019

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3502924410290

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, snow removal, water
  • Mutual Management Association, Phone Number (612) 333-9164
  • Low-Rise Condominium
  • Cic 1512 Cedar 28 Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,082

Year Built

Built in 2005

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 914
  • 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, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 914
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Dining Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: East Phillips

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Secured, Underground
  • Garage Square Feet: 120

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Snow Removal, Water
  • Phone: 612-333-9164
  • Association Fee: 360
  • Association: Yes
  • Amenities Unit: Balcony,City View

Association/Amenities

  • HOA Management Co: Mutual Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 78x130x78x130
  • Lot Size Sq Ft: 9801
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3502924410290
  • Tax Annual Amount: 2082
  • TaxWithAssessments: 2082.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 26, 2023
Sold by
Wessel Paul Howard
Bought by
Dykstra Michelle Annette
Seller's Agent
Philip Reinking
Edina Realty, Inc.
Buyer's Agent
Brittney Shull
Engel & Volkers Lake Minnetonka
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
2
Current Estimated Value
$170,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,151
Avg. Annual Appreciation
16.02%
Original Mortgage
$16,500
Outstanding Balance
$2,356
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$167,795

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 18, 2023
Sold by
Dykstra Michelle Annette
Bought by
Guzman Adam
Seller's Agent
Philip Reinking
Edina Realty, Inc.
Buyer's Agent
Brittney Shull
Engel & Volkers Lake Minnetonka
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Outstanding Balance
$2,356
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$167,795

Purchase Details

Closed on
Sep 25, 2019
Sold by
Hoang Thuy B
Bought by
Wessel Michelle Dykstra

Purchase Details

Closed on
Jul 25, 2019
Sold by
Hoang Nguyen
Bought by
Hoang Thuy B

Purchase Details

Closed on
Jun 30, 2010
Sold by
Sancken Kristin V and Sancken Caleb J
Bought by
Hoang Thuy B and Hoang Nguyen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,550
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2007
Sold by
Urban Home Works Inc
Bought by
Thomas Kristin and Sancken Caleb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.91%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dykstra Michelle Annette $485 Edina Realty Title
Guzman Adam $120,000 All American Title
Wessel Michelle Dykstra $172,000 Edina Realty Title Inc
Hoang Thuy B -- Gibraltar Title
Hoang Thuy B $123,400 --
Thomas Kristin $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Adam $16,500
Open Guzman Adam $109,500
Previous Owner Hoang Thuy B $92,550
Previous Owner Thomas Kristin $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $120,000 -14.3% $131 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
11/23/2022 11/23/22 For Sale $140,000 -- $153 / 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 $2,342 $197,000 $4,500 $192,500
2022 $2,082 $179,000 $4,500 $174,500
2021 $2,015 $170,000 $4,500 $165,500
2020 $2,185 $170,000 $4,500 $165,500
2019 $1,837 $170,000 $4,500 $165,500
2018 $1,688 $144,000 $4,500 $139,500
2017 $1,444 $117,000 $4,500 $112,500
2016 $1,452 $110,500 $4,500 $106,000
2015 $1,291 $101,500 $4,500 $97,000
2014 -- $109,000 $4,500 $104,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6307665

NorthstarMLS

APN: 35-029-24-41-0290