2929 Chicago Ave Unit 1005 Minneapolis, MN 55407
Phillips NeighborhoodEstimated Value: $229,000 - $257,617
2
Beds
2
Baths
1,360
Sq Ft
$789/mo
HOA Fee
Highlights
- Corner Lot
- Living Room
- Central Air
- Elevator
- 1-Story Property
- Combination Kitchen and Dining Room
About This Home
As of May 2024This dream loft at the Chicago has it all; exposed brick, high ceilings, polished concrete floors, two garage stalls, and stunning 10th floor views! Granite kitchen -custom cabinets, SS appliances, and movable island. Check out 9th floor theater room, 10th floor gym, and 14th floor rooftop lounge and outside terrace. Global Market on 1st floor! Pets welcome! Greenway Trail across street!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,447
Year Built
- Built in 1928
Lot Details
- Additional Parcels
HOA Fees
- $789 Monthly HOA Fees
Parking
- 2 Car Garage
- Assigned Parking
Interior Spaces
- 1,360 Sq Ft Home
- 1-Story Property
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 3502924340553
Community Details
Overview
- Association fees include air conditioning, maintenance structure, gas, hazard insurance, heating, ground maintenance, parking, professional mgmt, trash, security, shared amenities, water
- Paradise & Associates, Llc Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Midtown Phillips Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
May 20, 2024
Sold by
Racioppo Jeffery and Racioppo Mary
Bought by
Hassing Mark
Seller's Agent
Joshua Brook
Wits Realty
Buyer's Agent
Kayla Powers
Keller Williams Classic Rlty NW
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%
Total Days on Market
189
Views
208
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,904
Avg. Annual Appreciation
6.93%
Original Mortgage
$109,000
Outstanding Balance
$108,050
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$132,854
Purchase Details
Closed on
Feb 17, 2016
Sold by
Chicago Lofts Llc
Bought by
Racioppo Jeffery and Racioppo Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Minneapolis, MN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hassing Mark | $225,000 | -- | |
| Racioppo Jeffery | $247,500 | Custom Home Builders Title L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hassing Mark | $109,000 | |
| Previous Owner | Racioppo Jeffery | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $225,000 | 0.0% | $165 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | Price Changed | $225,000 | -18.2% | $165 / Sq Ft |
| 11/03/2023 11/03/23 | For Sale | $275,000 | -- | $202 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,250 | $249,000 | $6,000 | $243,000 |
| 2022 | $3,825 | $262,000 | $6,000 | $256,000 |
| 2021 | $3,470 | $276,000 | $6,000 | $270,000 |
| 2020 | $3,667 | $253,000 | $2,800 | $250,200 |
| 2019 | $3,777 | $253,000 | $2,800 | $250,200 |
| 2018 | $3,553 | $253,000 | $2,800 | $250,200 |
| 2017 | $3,195 | $207,500 | $2,800 | $204,700 |
| 2016 | $2,543 | $159,500 | $2,800 | $156,700 |
| 2015 | $2,511 | $150,000 | $2,800 | $147,200 |
| 2014 | -- | $150,000 | $2,800 | $147,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Brook
Seller's Agent in 2024
Joshua Brook
Wits Realty
(507) 403-7258
3 in this area
69 Total Sales
-
Kayla Powers
Buyer's Agent in 2024
Kayla Powers
Keller Williams Classic Rlty NW
(763) 807-4287
1 in this area
124 Total Sales
-
Daniel Powers
Buyer Co-Listing Agent in 2024
Daniel Powers
Keller Williams Classic Rlty NW
(763) 226-9577
1 in this area
145 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6454825
APN: 35-029-24-34-0553
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