NOT LISTED FOR SALE

2900 University Ave SE Unit 409 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $237,000 - $259,033

2 Beds
2 Baths
1,023 Sq Ft
$574/mo HOA Fee

Last Sold May 15, 2023

Last sale price $226,000 $221 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,203/month

167 Days on Market

Highlights

  • Elevator
  • 1-Story Property
  • Heated Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • High-Rise Condominium

About This Home

As of May 2023

Come check out this 2 bedroom condo close to everything in and around the University of Minnesota including light rail, grocery store, tons of restaurants and shopping. One of the larger floor plans in the building; this unit has a primary bedroom with walk in closet and full bath. Both bedrooms are good sized rooms with solid natural light. 2nd bathroom is also a full with tub/shower and lots of room. The unit faces University so there is a lot of energy and natural light throughout. Balcony is big enough for a small table and chairs so you can enjoy the outside when the weather is right. Stackable washer/dryer are new and in unit. Check out the floor plan in supplements.

Last Agent to Sell the Property

Judith Shields

Coldwell Banker Realty Brokerage Phone: 952-221-1723 Listed on: 11/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Feng Nguyen

Keller Williams Select Realty

Keller Williams Select Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,285

Year Built

  • Built in 2007

Lot Details

  • 0.65

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923130089

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, professional mgmt, shared amenities, snow removal, water
  • First Service Residental Association, Phone Number (612) 238-2362
  • High-Rise Condominium
  • Cic 1795 M Flats Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,285

Year Built

Built in 2007

Lot Details

0

HOA Fees

$574 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1023
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-221-1723
  • Attribution Contact: 952-221-1723
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1023
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground

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, Shared Amenities, Snow Removal, Water
  • Phone: 612-238-2362
  • Association Fee: 574
  • Association: Yes
  • Amenities Unit: Balcony

Association/Amenities

  • HOA Management Co: First Service Residental

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 28444.68
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3002923130089
  • Tax Annual Amount: 3285
  • TaxWithAssessments: 3285.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
May 16, 2023
Sold by
Julie Ann Anderholm Trust
Bought by
Huang Shi Zhou
Seller's Agent
Judith Shields
Coldwell Banker Realty
Buyer's Agent
Feng Nguyen
Keller Williams Select Realty
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Views
239
Current Estimated Value
$247,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,508
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Nov 22, 2022
Closed on
May 12, 2023
Sold by
Anderholm Julie and Anderholm David
Bought by
Huang Shi
Seller's Agent
Judith Shields
Coldwell Banker Realty
Buyer's Agent
Feng Nguyen
Keller Williams Select Realty
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Views
239

Purchase Details

Closed on
Mar 22, 2019
Sold by
Anderholm David C and Anderholm Julie A
Bought by
Anderholm David C and Julie Ann Anderholm Trust

Purchase Details

Closed on
Oct 10, 2012
Sold by
M & I Regional Properties Llc
Bought by
Anderholm David C and Anderholm Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Huang Shi Zhou $226,000 None Listed On Document
Huang Shi $226,000 --
Anderholm David C -- None Available
Anderholm David C $163,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderholm David C $128,000
Previous Owner Anderholm David C $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $226,000 -3.8% $221 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $235,000 +4.0% $230 / Sq Ft
04/10/2023 04/10/23 Off Market $226,000 -- --
03/31/2023 03/31/23 Price Changed $235,000 -5.6% $230 / Sq Ft
02/05/2023 02/05/23 Price Changed $249,000 -3.9% $243 / Sq Ft
11/22/2022 11/22/22 For Sale $259,000 -- $253 / 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 $254,000 $34,000 $220,000
2022 $3,285 $254,000 $34,000 $220,000
2021 $3,170 $237,000 $34,000 $203,000
2020 $3,239 $237,000 $10,300 $226,700
2019 $3,240 $223,500 $10,300 $213,200
2018 $3,050 $217,000 $10,300 $206,700
2017 $3,049 $198,000 $10,300 $187,700
2016 $3,173 $198,000 $10,300 $187,700
2015 $3,330 $198,000 $10,300 $187,700
2014 -- $165,000 $10,300 $154,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6308984

NorthstarMLS

APN: 30-029-23-13-0089