NOT LISTED FOR SALE

2801 Flag Ave N Unit 119 New Hope, MN 55427

Sunny Hollow Neighborhood

Estimated Value: $119,000 - $133,170

1 Bed
1 Bath
756 Sq Ft
$330/mo HOA Fee

Last Sold December 05, 2023

Last sale price $115,000 $152 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,106/month

51 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • Patio
  • 143,095 Sq Ft lot
  • Elevator
  • Living Room

About This Home

As of December 2023

Great opportunity to own an affordable condo in a convenient location! Own for less than renting. This condo is located on 1st floor and is ready for your finishing touches to make it your own. Enjoy maintenance free living with access to a heated pool, party room, sauna, exercise room, tennis courts, private storage unit and underground heated garage. There is additional owner or guest parking in the surface lot out front. Walk or bike to Medicine Lake and enjoy French Regional Park with access to the beach, park and miles or trails. Close to local stores, restaurants and has an easy access to highways. Hurry and take a look today. Offer Accepted this morning. Sunday open House was cancelled.

Last Agent to Sell the Property

Jannetta Spahn

Coldwell Banker Realty Brokerage Phone: 612-730-3469 Listed on: 10/14/2023

Coldwell Banker Realty

Co-Listed By

Michael Spahn

Coldwell Banker Realty Brokerage Phone: 612-730-3469

Last Buyer's Agent

Jannetta Spahn

Coldwell Banker Realty Brokerage Phone: 612-730-3469 Listed on: 10/14/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1970

Lot Details

  • 3.29

HOA Fees

  • $330 Monthly HOA Fees

Parking

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

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1911821330053

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • Act Management Co Inc Association, Phone Number (763) 593-9770
  • Low-Rise Condominium
  • Condo 0104 Presidential Estate Condo Subdivision

Amenities

  • Coin Laundry
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,290

Year Built

Built in 1970

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Elevator(s), In-Ground Sprinkler System, Lobby Entrance, Security, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 756
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-730-3469
  • Attribution Contact: 612-730-3469
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 756
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Patio
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: Below Ground
  • ConstructionMaterialsDesc: Brick,Stone
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 763-593-9770
  • Association Fee: 330
  • Association: Yes
  • Amenities Unit: Exercise Room,Intercom System,Main Floor Primary Bedroom,Patio,Security System,In-Ground Sprinkler,Tennis Court

Association/Amenities

  • HOA Management Co: Act Management co Inc

Schools

  • Junior High Dist: Robbinsdale
  • SchoolDistrictNumber: 281
  • SchoolDistrictPhone: 763-504-8000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 143094.6
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1911821330053
  • Tax Annual Amount: 1290
  • TaxWithAssessments: 1290.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Dec 5, 2023
Sold by
Schultz Diane M
Bought by
Sadikov Khamza
Seller's Agent
Jannetta Spahn
Coldwell Banker Realty
Buyer's Agent
Jannetta Spahn
Coldwell Banker Realty
List Price
$127,000
Sold Price
$115,000
Premium/Discount to List
-$12,000
-9.45%
Total Days on Market
51
Views
126
Current Estimated Value
$126,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,793
Avg. Annual Appreciation
6.77%
Original Mortgage
$86,250
Outstanding Balance
$85,164
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$41,629

Purchase Details

Closed on
May 29, 2002
Sold by
Feeny Kathryn A and Feeny Steven C
Bought by
Schultz Diane M
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 Buyer Sale Price Title Company
Sadikov Khamza $115,000 Burnet Title
Schultz Diane M $81,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadikov Khamza $86,250
Previous Owner Gulova Svetlana $89,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $115,000 -2.5% $152 / Sq Ft
10/24/2023 10/24/23 Price Changed $118,000 -7.1% $156 / Sq Ft
10/14/2023 10/14/23 For Sale $127,000 -- $168 / 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 $1,235 $106,800 $20,000 $86,800
2022 $1,225 $111,000 $20,000 $91,000
2021 $1,098 $101,000 $20,000 $81,000
2020 $914 $93,000 $20,000 $73,000
2019 $848 $80,000 $20,000 $60,000
2018 $809 $73,000 $16,000 $57,000
2017 $652 $58,000 $15,000 $43,000
2016 $571 $49,000 $9,000 $40,000
2015 $476 $41,000 $9,000 $32,000
2014 -- $41,000 $11,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6448117

NorthstarMLS

APN: 19-118-21-33-0053