NOT LISTED FOR SALE

2881 Irving Ave S Unit 2 Minneapolis, MN 55408

East Isles Neighborhood

Estimated Value: $183,000 - $222,000

3 Beds
2 Baths
1,166 Sq Ft
$466/mo HOA Fee

Last Sold November 01, 2022

Last sale price $180,000 $154 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,806/month

Highlights

  • Living Room
  • Hot Water Heating System
  • Coin Laundry
  • 1-Story Property

About This Home

As of November 2022

Location, Location, Location. Great Investment opportunity in the heart of uptown. Near lots of restaurants, shopping, walking trails, and lakes. Rentals are permitted.

Last Agent to Sell the Property

Patti Iverson

Coldwell Banker Realty Brokerage Phone: 612-414-7100 Listed on: 06/16/2022

Coldwell Banker Realty

Co-Listed By

Nicholas Thull

Coldwell Banker Realty Brokerage Phone: 612-414-7100

Last Buyer's Agent

Aaron Zehnpfennig

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,879

Year Built

  • Built in 1916

Lot Details

  • 6,970

HOA Fees

  • $466 Monthly HOA Fees

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 3302924340458

Community Details

Overview

  • Association fees include gas, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, snow removal, water
  • Seongheui Chestnut Association, Phone Number (612) 749-3275
  • Low-Rise Condominium
  • Cic 1686 2881 Irving Condo Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,879

Year Built

Built in 1916

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fee Frequency: Monthly
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 1166
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-414-7100
  • Attribution Contact: 612-414-7100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1166
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: East Isles

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 612-749-3275
  • Association Fee: 466
  • Association: Yes

Association/Amenities

  • HOA Management Co: SeongHeui Chestnut

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 6838.92
  • 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: 2021
  • Assessor Parcel Number: 3302924340458
  • Tax Annual Amount: 2879
  • TaxWithAssessments: 2879.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Oct 28, 2022
Sold by
Berenson-Allan Nathan S and Berenson-Allan Scott J
Bought by
Ten Penny Rentals Llc
Seller's Agent
Patti Iverson
Coldwell Banker Realty
Buyer's Agent
Aaron Zehnpfennig
Lakes Sotheby's International Realty
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$206,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,890
Avg. Annual Appreciation
5.06%
Original Mortgage
$135,000
Outstanding Balance
$130,927
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$75,963

Purchase Details

Closed on
Jul 26, 2007
Sold by
2881 Irving Llc
Bought by
Osterion Scott J and Berenson Allan Natrian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Ten Penny Rentals Llc $180,000 Burnet Title
Osterion Scott J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ten Penny Rentals Llc $135,000
Previous Owner Osterlo Scott J $170,000
Previous Owner Bernson Allan Nathan S $162,000
Previous Owner Osterloh Scott J $156,275
Previous Owner Osterloh Scott J $160,000
Previous Owner Osterloh Scott J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $180,000 -5.3% $154 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $190,000 -- $163 / 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 $2,553 $196,000 $27,000 $169,000
2022 $2,979 $204,000 $27,000 $177,000
2021 $2,879 $215,000 $21,000 $194,000
2020 $3,118 $215,000 $17,600 $197,400
2019 $2,868 $215,000 $17,600 $197,400
2018 $2,697 $192,000 $17,600 $174,400
2017 $2,617 $170,000 $17,600 $152,400
2016 $2,573 $162,000 $17,600 $144,400
2015 $2,574 $154,500 $17,600 $136,900
2014 -- $160,500 $17,600 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6221087

NorthstarMLS

APN: 33-029-24-34-0458