NOT LISTED FOR SALE

2850 Cedar Ave S Unit 207 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $178,000 - $212,000

2 Beds
1 Bath
1,143 Sq Ft
$470/mo HOA Fee

Last Sold August 04, 2023

Last sale price $205,000 $179 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,716/month

21 Days on Market

Highlights

  • City View
  • Corner Lot
  • Elevator
  • Deck
  • Party Room
  • The kitchen features windows

About This Home

As of August 2023

Modern and sleek condo in the heart of South Minneapolis. 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, 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, underground heated parking, with storage. Easy access to the Midtown Greenway and Farmers Market, light rail, downtown Minneapolis, 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

Amanda Le

Keller Williams Realty Integrity Lakes Listed on: 06/14/2023

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Theo Lorenz

Lakes Area Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 2005

Lot Details

  • 0.38

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,143 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3502924440239

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Services Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Cic 1535 Greenway Terrace Condos Subdivision
  • Car Wash Area

Amenities

  • Party Room
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,015

Year Built

Built in 2005

Lot Details

0

HOA Fees

$470 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
  • Association Amenities: Car Wash, Elevator(s), Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1143
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1143
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Living Room, Bedroom 2, Dining Room, Kitchen
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: East Phillips
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Secured, Tuckunder Garage, Underground
  • Garage Square Feet: 50

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 470
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),City View,Kitchen Window,Primary Bedroom Walk-In Closet,Tile Floors

Association/Amenities

  • HOA Management Co: First Services Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502924440239
  • Tax Annual Amount: 2015
  • TaxWithAssessments: 2015.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 4, 2023
Sold by
Grove Colin Michael
Bought by
Robmann Mars and Bentley Lilith
Seller's Agent
Amanda Le
Keller Williams Realty Integrity Lakes
Buyer's Agent
Theo Lorenz
Lakes Area Realty
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
50
Current Estimated Value
$196,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,722
Avg. Annual Appreciation
-1.98%
Original Mortgage
$184,500
Outstanding Balance
$180,185
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$16,093

Purchase Details

Closed on
Aug 7, 2019
Sold by
Scollar Mark and Molano Maria Del Carmen Serrano
Bought by
Grove Colin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2017
Sold by
Rifakes Peter and Rifakes John P
Bought by
Scollar Mark

Purchase Details

Closed on
Jun 11, 2008
Sold by
Greenway Terrace Llc
Bought by
Rifakes John P and Rifakes Peter
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robmann Mars $205,000 Executive Title
Grove Colin $170,000 Executive Title
Scollar Mark $160,000 Edina Realty Title Inc
Rifakes John P $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robmann Mars $184,500
Previous Owner Grove Colin $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $205,000 +2.6% $179 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $199,900 -- $175 / 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 $2,454 $165,000 $16,000 $149,000
2023 $1,890 $165,000 $4,400 $160,600
2022 $2,015 $174,000 $4,400 $169,600
2021 $1,950 $165,500 $4,400 $161,100
2020 $2,116 $165,500 $4,400 $161,100
2019 $1,942 $165,600 $4,400 $161,200
2018 $1,785 $150,500 $4,400 $146,100
2017 $1,878 $122,000 $4,400 $117,600
2016 $1,702 $107,000 $4,300 $102,700
2015 $1,428 $85,500 $4,300 $81,200
2014 -- $89,000 $4,300 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6361872

NorthstarMLS

APN: 35-029-24-44-0239