NOT LISTED FOR SALE

Estimated Value: $450,006 - $516,000

2 Beds
2 Baths
1,421 Sq Ft
$581/mo HOA Fee

Last Sold September 20, 2023

Last sale price $485,000 $341 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,703/month

63 Days on Market

Highlights

  • Deck
  • Community Garden
  • 2 Car Attached Garage
  • Home Office
  • Elevator
  • Walk-In Closet

About This Home

As of September 2023

Welcome to this opportunity for a south & west facing corner unit perched over the Midtown Greenway in the award-winning & green-inspired Midtown Lofts! Step onto one of TWO balconies from this sundrenched open plan to enjoy beautiful treetop & greenspace views. This unit boasts 10' ceilings, walls of oversized windows, granite countertops, a large island, SS appliances, a subway tile backsplash, a gas fireplace, and a 2nd balcony with a BBQ hookup. The spacious owner's suite has an ensuite with a separate shower & jetted tub and its own cozy balcony. New track & chandelier lighting ('23), furnace ('22), & H2O heater ('18). Two parking stalls & storage. Amenities include a courtyard & fountain, a car wash area, a dog run & an herb garden. Solar panels reduce common electrical costs. This prime location is steps to the Midtown Greenway trail system & close to "The Lakes", parks, pubs & restaurants, stores, transportation, gyms & more. Walk Score 96, Bike Score 94! See 3D Virtual Tour.

Last Agent to Sell the Property

Christopher Friend

Edina Realty, Inc. Listed on: 06/06/2023

Edina Realty, Inc.

Last Buyer's Agent

Jennifer Dunn

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,253

Year Built

  • Built in 2005

Lot Details

  • 0.83

HOA Fees

  • $581 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 3302924440200

Community Details

Overview

  • Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Midtown Lofts Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,253

Year Built

Built in 2005

Lot Details

0

HOA Fees

$581 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Door Lever Handles, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1421
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1421
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Office, Deck, Foyer, Walk In Closet, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 581
  • Association: Yes
  • Amenities Unit: Balcony,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0.00
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Fiber Cement, Metal Siding, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3302924440200
  • Tax Annual Amount: 6253
  • TaxWithAssessments: 6253.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 20, 2023
Sold by
Shuster Julie and Shuster David
Bought by
Vanegeren Laurie
Seller's Agent
Christopher Friend
Edina Realty, Inc.
Buyer's Agent
Jennifer Dunn
Coldwell Banker Realty
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Total Days on Market
63
Views
74
Current Estimated Value
$471,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,998
Avg. Annual Appreciation
-1.70%
Original Mortgage
$388,000
Outstanding Balance
$382,241
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$88,761

Purchase Details

Closed on
Apr 30, 2012
Sold by
Klevan Lars and Klevan Rebecca
Bought by
Shuster David and Shuster Julie

Purchase Details

Closed on
Jul 14, 2005
Sold by
Midtown Lofts Llc
Bought by
Parsons Rebecca
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
Vanegeren Laurie $485,000 Edina Realty Title
Shuster David $375,000 Title Support Services
Parsons Rebecca $467,288 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanegeren Laurie $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $485,000 +1.0% $341 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $480,000 -4.0% $338 / Sq Ft
07/10/2023 07/10/23 Price Changed $500,000 -4.8% $352 / Sq Ft
06/09/2023 06/09/23 For Sale $525,000 -- $369 / 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 $5,732 $440,000 $7,800 $432,200
2022 $6,291 $440,000 $7,800 $432,200
2021 $6,080 $454,000 $7,800 $446,200
2020 $6,584 $454,000 $7,800 $446,200
2019 $6,400 $454,000 $7,800 $446,200
2018 $6,018 $428,500 $7,800 $420,700
2017 $5,996 $389,500 $7,800 $381,700
2016 $5,908 $372,000 $7,800 $364,200
2015 $5,479 $323,000 $7,800 $315,200
2014 -- $303,000 $7,800 $295,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6361237

NorthstarMLS

APN: 33-029-24-44-0200