NOT LISTED FOR SALE

2900 University Ave SE Unit 510 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $240,000 - $261,141

2 Beds
2 Baths
974 Sq Ft
$479/mo HOA Fee

Last Sold December 01, 2022

Last sale price $242,000 $248 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,131/month

92 Days on Market

Highlights

  • Deck
  • Breakfast Bar
  • Entrance Foyer
  • Elevator
  • Living Room
  • 1-Story Property

About This Home

As of December 2022

You can have it all! Awesome condo in the Prospect Park-East River Road neighborhood offering an ideal floor plan; kitchen and living room separate each bedroom and bath. The primary bedroom offers a private bath and walk-in closet. New stainless-steel appliances in 2021, new rustic vinyl flooring and freshly painted. In addition, a new furnace and AC unit 2022. A prime location with Fresh Thyme and light rail station across the street, just around the corner is the ever so beautiful Prospect Park, walking distance to Surly, Malcolm Yards, Huntington Stadium, and the U of M. Convenient exercise facility and lounge that are onsite for your use and enjoyment. Enjoy the move in ready conditions and easy lifestyle this home offers you!

Last Agent to Sell the Property

Terri Sparks

Edina Realty, Inc. Listed on: 08/30/2022

Edina Realty, Inc.

Last Buyer's Agent

Austen Kordosky

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 2007

Lot Details

  • 0.65

HOA Fees

  • $479 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Zero Lot Line

Listing and Financial Details

  • Assessor Parcel Number 3002923130102

Community Details

Overview

  • Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • First Service Rresidential Association, Phone Number (612) 238-2362
  • High-Rise Condominium
  • Cic 1795 M Flats Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,123

Year Built

Built in 2007

Lot Details

0

HOA Fees

$479 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Security
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 974
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 974
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Foyer, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • Fencing: None
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground

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, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-238-2362
  • Association Fee: 479
  • Association: Yes
  • Amenities Unit: Balcony,Deck,Exercise Room,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Rresidential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 28488.24
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Zero Lot Line
  • 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: 3002923130102
  • Tax Annual Amount: 3123
  • TaxWithAssessments: 3123.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Dec 12, 2022
Sold by
Eccher Marino
Bought by
Azatian Stephan and Azatian Ashot
Seller's Agent
Terri Sparks
Edina Realty, Inc.
Buyer's Agent
Austen Kordosky
Coldwell Banker Realty
List Price
$255,000
Sold Price
$242,000
Premium/Discount to List
-$13,000
-5.1%
Current Estimated Value
$252,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,035
Avg. Annual Appreciation
1.14%
Original Mortgage
$205,700
Outstanding Balance
$200,663
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$48,822

Purchase Details

Listed on
Aug 30, 2022
Closed on
Dec 1, 2022
Sold by
Eccher Marino
Bought by
Azatian Stephan and Azatian Ashot
Seller's Agent
Terri Sparks
Edina Realty, Inc.
Buyer's Agent
Austen Kordosky
Coldwell Banker Realty
List Price
$255,000
Sold Price
$242,000
Premium/Discount to List
-$13,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Outstanding Balance
$200,663
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$48,822

Purchase Details

Closed on
Jun 11, 2018
Sold by
Ibarra Hector and Ibarra Vicki
Bought by
Eccher Marino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,761
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Stanek Kevin Kevin
Bought by
Ibarra Vicki Vicki

Purchase Details

Closed on
Aug 21, 2009
Sold by
M & I Regional Properties Llc
Bought by
Stanek Vaughn M and Stanek Paula R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Azatian Stephan $242,000 Minnesota Title
Azatian Stephan $242,000 --
Eccher Marino $217,279 Reuslt Title
Ibarra Vicki Vicki $202,500 --
Stanek Vaughn M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azatian Stephan $205,700
Closed Azatian Stephan $205,700
Previous Owner Eccher Marino $210,500
Previous Owner Eccher Marino $210,761
Previous Owner Stanek Vaughn M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $242,000 0.0% $248 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
10/25/2022 10/25/22 Off Market $242,000 -- --
10/18/2022 10/18/22 Price Changed $245,000 -3.9% $252 / Sq Ft
08/30/2022 08/30/22 For Sale $255,000 -- $262 / 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 $3,258 $256,000 $32,000 $224,000
2022 $3,123 $256,000 $32,000 $224,000
2021 $3,018 $239,500 $32,000 $207,500
2020 $3,061 $239,500 $9,600 $229,900
2019 $3,052 $226,000 $9,600 $216,400
2018 $2,831 $219,500 $9,600 $209,900
2017 $2,806 $199,000 $9,600 $189,400
2016 $2,802 $192,000 $9,600 $182,400
2015 $2,789 $183,500 $9,600 $173,900
2014 -- $165,000 $9,600 $155,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6254983

NorthstarMLS

APN: 30-029-23-13-0102