NOT LISTED FOR SALE

2850 Cedar Ave S Unit 105 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $144,000 - $165,000

1 Bed
1 Bath
771 Sq Ft
$310/mo HOA Fee

Last Sold August 02, 2023

Last sale price $143,000 $185 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,252/month

72 Days on Market

Highlights

  • 16,640 Sq Ft lot
  • Party Room
  • Stainless Steel Appliances
  • Deck
  • Elevator
  • 1 Car Attached Garage

About This Home

As of August 2023

Welcome to this modern and sleek large studio condo in the heart of south Minneapolis, now with fresh brand new carpet installed. Boasting 10-foot ceilings, this exceptional condo offers an open and inviting living space that is perfect for relaxation and entertainment. The well-appointed kitchen features stainless steel appliances, a spacious island, and plenty of storage space. In addition to the private balcony, this condo also features a generous walk-in closet and convenient in-unit laundry. The building itself offers a range of amenities, including a community room that is ideal for hosting social events, indoor parking, and your own storage. Easy access to downtown Minneapolis, you'll have easy access to some of the city's best dining, shopping, and entertainment options. This condo has everything you need to enjoy the best of city living. Don't miss out on this exceptional opportunity to own at Greenway Terrace Condos.

Last Agent to Sell the Property

Kent Pitlick

Compass Listed on: 03/31/2023

Compass

Last Buyer's Agent

Nicholas Mansur

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 2005

Lot Details

  • 0.38

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1 Full Bathroom
  • 771 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3502924440231

Community Details

Overview

  • Association fees include 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

Amenities

  • Party Room
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

Built in 2005

Lot Details

0

HOA Fees

$310 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected, City Water - In Street
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 771
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 771
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Deck, Laundry, Primary Bathroom
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: East Phillips
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-224-4777
  • Association Fee: 310
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Indoor Sprinklers,Walk-In Closet

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 40x122x40x122
  • 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: 2022
  • Assessor Parcel Number: 3502924440231
  • Tax Annual Amount: 1362
  • TaxWithAssessments: 1362.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jul 26, 2023
Sold by
Neis Mitchell
Bought by
Birtzer Luke
Seller's Agent
Kent Pitlick
Compass
Buyer's Agent
Nicholas Mansur
Coldwell Banker Realty
List Price
$155,000
Sold Price
$143,000
Premium/Discount to List
-$12,000
-7.74%
Views
127
Current Estimated Value
$153,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,605
Avg. Annual Appreciation
3.37%
Original Mortgage
$16,500
Outstanding Balance
$2,944
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$150,661

Purchase Details

Closed on
Mar 29, 2021
Sold by
Anders Kyle
Bought by
Neis Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
Mindin Thitar Thitar
Bought by
Anders Kyle Kyle

Purchase Details

Closed on
Dec 24, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Mindin Thitar

Purchase Details

Closed on
Dec 28, 2012
Sold by
Dustin Heggem
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 17, 2012
Sold by
Heggem Dustin
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 6, 2007
Sold by
Greenway Terrace Llc
Bought by
Heggem Dustin
Source: Public Records

Range of Values:

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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
Birtzer Luke $143,000 Titlenexus
Neis Mitchell $135,000 Titlenexus Llc
Anders Kyle Kyle $76,500 --
Mindin Thitar $65,700 West Title Llc
Deutsche Bank National Trust Company $169,301 --
Deutsche Bank National Trust Company $169,301 None Available
Heggem Dustin $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birtzer Luke $16,500
Open Birtzer Luke $132,990
Previous Owner Neis Mitchell $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $143,000 -3.1% $185 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $147,500 -1.6% $191 / Sq Ft
04/20/2023 04/20/23 Price Changed $149,900 -3.3% $194 / Sq Ft
04/04/2023 04/04/23 For Sale $155,000 -- $201 / 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 $1,529 $134,000 $16,000 $118,000
2023 $1,749 $134,000 $4,800 $129,200
2022 $1,362 $128,000 $4,800 $123,200
2021 $1,320 $122,000 $4,800 $117,200
2020 $1,434 $122,000 $4,800 $117,200
2019 $1,186 $122,000 $4,800 $117,200
2018 $1,071 $103,500 $4,800 $98,700
2017 $1,013 $91,000 $2,900 $88,100
2016 $843 $79,000 $3,500 $75,500
2015 $690 $63,000 $3,500 $59,500
2014 -- $65,500 $3,500 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6348840

NorthstarMLS

APN: 35-029-24-44-0231