$140,000
SOLD JUN 7, 2024

2801 Flag Ave N Unit 124 New Hope, MN 55427

Sunny Hollow Neighborhood
2 Beds
1.5 Baths
988 Sq Ft
$538/mo HOA Fee

Recently Sold

$142 Per Sq Ft

5% Below List Price

65 Days on Market

Highlights

  • In Ground Pool
  • Elevator
  • Patio
  • 143,095 Sq Ft lot
  • Stainless Steel Appliances
  • Living Room

About This Home

As of June 2024

Clean and neat, move-in ready with fresh paint and new carpet. Stainless steel kitchen appliances. Hardwood floors in hallways and kitchen/dining room. Easy commute to downtown Minneapolis and conveniently located near highway 169. Underground parking, fitness room with sauna, outdoor pool, tennis courts, and party room.

Last Agent to Sell the Property

Dana Oelkers

Luke Team Real Estate Listed on: 03/13/2024

Last Buyer's Agent

Herman Antonov

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1970

HOA Fees

  • $538 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape

Interior Spaces

  • 988 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 1911821330058

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,547

Year Built

Built in 1970

Lot Details

0

HOA Fees

$538 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, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Elevator(s), Lobby Entrance, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 988
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 988
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Paved

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 763-593-9770
  • Association Fee: 538
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: ACT Management, Inc.

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0 x 0
  • Lot Size Sq Ft: 143094.6
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1911821330058
  • Tax Annual Amount: 1547
  • TaxWithAssessments: 1547.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jun 5, 2024
Sold by
Oelkers Kort
Bought by
Gafuri Daler and Gafuri Nigora
Seller's Agent
Dana Oelkers
Luke Team Real Estate
Buyer's Agent
Herman Antonov
eXp Realty
List Price
$147,500
Sold Price
$140,000
Premium/Discount to List
-$7,500
-5.08%
Total Days on Market
65
Views
54
Current Estimated Value
$142,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,142
Avg. Annual Appreciation
1.56%
Original Mortgage
$86,000
Outstanding Balance
$85,300
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$56,842

Purchase Details

Closed on
Aug 25, 2008
Sold by
Folwarkow Richard and Folwarkow Barbara J
Bought by
Oelkers Kort William
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 Type Sale Price Title Company
Deed $140,000 --
Warranty Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,000 New Conventional
Previous Owner $110,704 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $140,000 -5.1% $142 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $147,500 -- $149 / 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 $1,547 $126,400 $20,000 $106,400
2022 $1,552 $129,000 $20,000 $109,000
2021 $1,375 $120,000 $20,000 $100,000
2020 $1,238 $109,000 $20,000 $89,000
2019 $1,168 $98,000 $20,000 $78,000
2018 $1,047 $91,000 $16,000 $75,000
2017 $765 $68,000 $15,000 $53,000
2016 $675 $58,000 $9,000 $49,000
2015 $569 $49,000 $9,000 $40,000
2014 -- $46,000 $11,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6503026

NorthstarMLS

APN: 19-118-21-33-0058