2801 Flag Ave N Unit 218 New Hope, MN 55427
Sunny Hollow NeighborhoodEstimated Value: $120,000 - $132,000
1
Bed
1
Bath
716
Sq Ft
$344/mo
HOA Fee
Highlights
- In Ground Pool
- Main Floor Primary Bedroom
- Living Room
- Deck
- Elevator
- 1-Story Property
About This Home
As of February 2024Great opportunity to own an affordable condo in a convenient location! Own for less than renting. This corner-unit condo is located on 2nd floor, has only one common wall, 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 of trails. Close to local stores, restaurants, 10 minutes to Downtown and has easy access to highways. Estate Sale of long term owner. Garage stall # 24. Note, No Pets, and Rentals allowed after one year of owner occupancy. Hurry and take a look today.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-730-3469 Listed on: 01/04/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,336
Year Built
- Built in 1970
Lot Details
- 3.29
HOA Fees
- $344 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 716 Sq Ft Home
- 1-Story Property
- Living Room
- Range
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Outdoor Features
- In Ground Pool
- Deck
Utilities
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1911821330076
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 Inc. Association, Phone Number (763) 593-9770
- Low-Rise Condominium
- Condo 0104 Presidential Estate Condo Subdivision
Amenities
- Coin Laundry
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2024
Closed on
Feb 2, 2024
Sold by
The Leland M Olson Trust Agreement Date
Bought by
Brummer Christi
Seller's Agent
Jannetta Spahn
Coldwell Banker Realty
Buyer's Agent
Timothy Marsolais
RE/MAX Advantage Plus
List Price
$122,000
Sold Price
$122,000
Total Days on Market
18
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,597
Avg. Annual Appreciation
1.60%
Original Mortgage
$107,241
Outstanding Balance
$105,761
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$18,836
Purchase Details
Listed on
Jan 4, 2024
Closed on
Jan 25, 2024
Sold by
Leland M Olson Trust
Bought by
Brummer Christi L
Seller's Agent
Jannetta Spahn
Coldwell Banker Realty
Buyer's Agent
Timothy Marsolais
RE/MAX Advantage Plus
List Price
$122,000
Sold Price
$122,000
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,241
Outstanding Balance
$105,761
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$18,836
Purchase Details
Closed on
Sep 23, 2021
Sold by
Olson Leland M
Bought by
Olson Leland M and Leland M Olson Trust
Purchase Details
Closed on
Oct 19, 2001
Sold by
Zakseski Anna Mae
Bought by
Olson Leland M
Similar Homes in New Hope, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brummer Christi | $122,000 | -- | |
| Brummer Christi L | $122,000 | Burnet Title | |
| Olson Leland M | -- | None Listed On Document | |
| Olson Leland M | -- | None Listed On Document | |
| Olson Leland M | $92,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brummer Christi | $107,241 | |
| Closed | Brummer Christi L | $109,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2024 02/02/24 | Sold | $122,000 | 0.0% | $170 / Sq Ft |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
| 01/04/2024 01/04/24 | For Sale | $122,000 | -- | $170 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,303 | $111,000 | $20,000 | $91,000 |
| 2022 | $1,276 | $114,000 | $20,000 | $94,000 |
| 2021 | $1,133 | $104,000 | $20,000 | $84,000 |
| 2020 | $949 | $95,000 | $20,000 | $75,000 |
| 2019 | $871 | $82,000 | $20,000 | $62,000 |
| 2018 | $820 | $75,000 | $16,000 | $59,000 |
| 2017 | $664 | $59,000 | $15,000 | $44,000 |
| 2016 | $582 | $50,000 | $9,000 | $41,000 |
| 2015 | $476 | $41,000 | $9,000 | $32,000 |
| 2014 | -- | $41,000 | $11,000 | $30,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jannetta Spahn
Seller's Agent in 2024
Jannetta Spahn
Coldwell Banker Realty
(612) 730-3469
2 in this area
41 Total Sales
-
Michael Spahn
M
Seller Co-Listing Agent in 2024
Michael Spahn
Coldwell Banker Realty
(612) 919-3770
3 in this area
33 Total Sales
-
Timothy Marsolais
Buyer's Agent in 2024
Timothy Marsolais
RE/MAX Advantage Plus
(952) 212-1743
1 in this area
75 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6473752
APN: 19-118-21-33-0076
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