$239,900
SOLD AUG 19, 2024

2900 University Ave SE Unit 400 Minneapolis, MN 55414

Prospect Park Neighborhood
2 Beds
2 Baths
912 Sq Ft
$539/mo HOA Fee

Recently Sold

$263 Per Sq Ft

1% Below List Price

24 Days on Market

Highlights

  • Breakfast Area or Nook
  • Attached Garage
  • 1-Story Property
  • Elevator
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Location, Location, Location! This condo is a CORNER UNIT so NO neighbors to the east side. Master bedroom has tons of window light with ensuite master bathroom. New carpet. New paint. In-unit laundry, both machines new in 2022. Covered balcony/deck to walk outside and get fresh air right from your living room. Located in Prospect Park and 1 block away from light rail access. Short walk to University of MN. Just blocks from the U of M Stadium, Mississippi River Trails, restaurants, Fresh Thyme Grocery store across street, and Surly Brewing nearby. Building offers a community room and fitness center. This unit comes with 1 parking spot.

Last Agent to Sell the Property

Luke Chase

RE/MAX Results Listed on: 07/11/2024

RE/MAX Results

Last Buyer's Agent

Haewon Park

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,171

Year Built

  • Built in 2007

HOA Fees

  • $539 Monthly HOA Fees

Home Design

  • Shake Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923130080

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, professional mgmt, trash, shared amenities, water
  • Firstservice Residential Association, Phone Number (952) 227-2700
  • High-Rise Condominium
  • M Flats Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,171

Year Built

Built in 2007

Lot Details

0

HOA Fees

$539 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Other
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 912
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 912
  • Basement YN: No
  • Dining Room Type: Living Room, Family Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Underground
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Water
  • Phone: 952-227-2700
  • Association Fee: 539
  • Association: Yes
  • Amenities Unit: Balcony,Exercise Room,Walk-In Closet

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Metal Siding, Shake Siding, Stucco, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923130080
  • Tax Annual Amount: 3171
  • TaxWithAssessments: 3171.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 19, 2024
Sold by
Pettit Thomas and Pettit Anne
Bought by
Hong Deukgeun
Seller's Agent
Luke Chase
RE/MAX Results
Buyer's Agent
Haewon Park
Coldwell Banker Realty
List Price
$242,000
Sold Price
$239,900
Premium/Discount to List
-$2,100
-0.87%
Total Days on Market
24
Views
10
Current Estimated Value
$233,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,611
Avg. Annual Appreciation
-3.48%
Original Mortgage
$239,900
Outstanding Balance
$238,485
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$5,196

Purchase Details

Closed on
Jan 19, 2018
Sold by
Wallin Diana J and Wallin Lori A
Bought by
Pettt Thomas F and Pettt Anne M

Purchase Details

Closed on
Mar 13, 2013
Sold by
M & I Regional Properties Llc
Bought by
Wallin Diana J and Wallin Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Deed $239,900 --
Warranty Deed $206,000 Burnet Title
Quit Claim Deed $138,794 Title Recording Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,900 New Conventional
Previous Owner $21,000 Credit Line Revolving
Previous Owner $114,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $239,900 0.0% $263 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $239,900 +0.4% $263 / Sq Ft
07/26/2024 07/26/24 Price Changed $239,000 -1.2% $262 / Sq Ft
07/11/2024 07/11/24 For Sale $242,000 -- $265 / 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 $3,146 $241,000 $30,000 $211,000
2022 $3,125 $241,000 $30,000 $211,000
2021 $3,016 $225,500 $30,000 $195,500
2020 $3,080 $225,500 $9,100 $216,400
2019 $2,842 $212,500 $9,100 $203,400
2018 $2,636 $206,500 $9,100 $197,400
2017 $2,582 $185,500 $9,100 $176,400
2016 $2,579 $179,000 $9,100 $169,900
2015 $2,923 $191,000 $9,100 $181,900
2014 -- $171,500 $9,100 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6567987

NorthstarMLS

APN: 30-029-23-13-0080