NOT LISTED FOR SALE

2850 Cedar Ave S Unit 104 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $149,000 - $164,000

1 Bed
1 Bath
840 Sq Ft
$350/mo HOA Fee

Last Sold September 09, 2024

Last sale price $150,000 $179 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,319/month

46 Days on Market

Highlights

  • 16,640 Sq Ft lot
  • Subterranean Parking
  • Living Room
  • Deck
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of September 2024

You are about to view your new home located at 2850 Cedar Avenue South in Minneapolis, MN. Don’t let the humble exterior fool you, this 1 bedroom gem boasts high 10 foot ceilings, open concept layout and Midtown Greenway views making it a quiet gem you will be proud to call home! Come and tour the warm inviting interior with Pergo flooring throughout, recently updated stainless kitchen appliances and vintage mid-century modern kitchen and dining light fixtures. The large open living space has enough room for a comfy sitting area, as well as dining and an in-home office space if needed. The ultra high ceilings aid in this unique space feeling fresh and airy with well insulated interior walls creating a quiet homey atmosphere.
In the evenings, step out onto your back deck that overlooks the Midtown Greenway covered in trees for privacy and cool summer breezes. This unit is on the first floor but has a balcony which is elevated for privacy and beautiful views. Access to the Greenway is steps outside of your underground heating parking garage with ample room to store your car, and equipped with bike racks to house everything safely and securely. The washer/dryer unit is conveniently located in the furnace room off the kitchen. The bedroom has ample room for a king size bed and large walk in closet with built in shelving for storage, utilizing those stellar high ceilings. The HOA fee covers internet access too, which is always a plus! Schedule an in-person showing today and be duly impressed by this genuine and rare Minneapolis find.

Last Agent to Sell the Property

Sandra Harrison

Coldwell Banker Realty Brokerage Phone: 320-420-7337 Listed on: 07/16/2024

Coldwell Banker Realty

Last Buyer's Agent

Tunde Shonoiki

Lakes Area Realty

Lakes Area Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 2005

Lot Details

  • 0.38

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage
  • Insulated Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Shared Basement
  • Block Basement Construction

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • Sharper Management Association, Phone Number (952) 224-4777
  • Low-Rise Condominium
  • Cic 1535 Greenway Terrace Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502924440230

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,908

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 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
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 840
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 320-420-7337
  • Attribution Contact: 320-420-7337
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Block, Shared Access
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 840
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Laundry, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • Neighborhood: East Phillips
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Insulated Garage, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-224-4777
  • Association Fee: 350
  • Association: Yes
  • Amenities Unit: Balcony,Deck

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 40x122
  • Lot Size Sq Ft: 16639.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502924440230
  • Tax Annual Amount: 1908
  • TaxWithAssessments: 1908.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 6, 2024
Sold by
Holy Tracy and Holy Nancy
Bought by
Mohamed Hani
Seller's Agent
Sandra Harrison
Coldwell Banker Realty
Buyer's Agent
Tunde Shonoiki
Lakes Area Realty
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
13
Current Estimated Value
$156,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,825
Avg. Annual Appreciation
4.24%
Original Mortgage
$120,000
Outstanding Balance
$118,728
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$39,457

Purchase Details

Closed on
Jun 20, 2022
Sold by
Holy Frank & Nancy
Bought by
Holy Frank and Holy Tracy N

Purchase Details

Closed on
Jul 13, 2015
Sold by
Messersmith Jeremy Jeremy
Bought by
Holy Frank Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
4.04%

Purchase Details

Closed on
Mar 25, 2009
Sold by
Bill Wallace Llc
Bought by
Messersmith Vanessa and Messersmith Jeremy

Purchase Details

Closed on
Mar 1, 2009
Sold by
Soukhanouvong Joshua
Bought by
Bill Wallace Llc

Purchase Details

Closed on
Aug 7, 2006
Sold by
Greenway Terrace Llc
Bought by
Soukhanouvong Joshua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mohamed Hani $150,000 --
Holy Frank $500 New Title Company Name
Holy Frank Frank $109,900 --
Messersmith Vanessa $90,000 --
Bill Wallace Llc $68,000 --
Soukhanouvong Joshua $172,558 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohamed Hani $120,000
Previous Owner Holy Frank Frank $82,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $150,000 -3.2% $179 / Sq Ft
07/24/2024 07/24/24 For Sale $154,900 -- $184 / 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
2024 $1,722 $146,000 $16,000 $130,000
2023 $1,693 $151,000 $3,200 $147,800
2022 $1,913 $145,000 $3,200 $141,800
2021 $1,950 $138,000 $3,200 $134,800
2020 $2,000 $138,000 $3,200 $134,800
2019 $1,747 $138,000 $3,200 $134,800
2018 $1,645 $117,000 $3,200 $113,800
2017 $1,463 $95,000 $3,200 $91,800
2016 $911 $83,000 $3,100 $79,900
2015 $728 $66,500 $3,100 $63,400
2014 -- $69,000 $3,100 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6568169

NorthstarMLS

APN: 35-029-24-44-0230