NOT LISTED FOR SALE

2929 Chicago Ave Unit 1015 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $219,000 - $247,000

2 Beds
1 Bath
1,287 Sq Ft
$739/mo HOA Fee

Last Sold May 07, 2024

Last sale price $248,913 $193 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,203/month

36 Days on Market

Highlights

  • 24-Hour Guard
  • 1 Car Attached Garage
  • Living Room
  • Stainless Steel Appliances
  • Patio
  • No Interior Steps

About This Home

As of May 2024

Welcome to this unique gem. The owner fell in love with three aspects when purchasing this condo: the custom arches framing the western view and sunsets, the easy-to-clean tile flooring in the kitchen, and the spacious bath with a walk-in shower. Freshly painted throughout, this bright 10th-floor loft features tall ceilings, exposed brick, a walk-in closet, in-unit laundry, a storage unit in the basement, and an underground parking space. Simply drive in and take the elevator home. Building amenities include a theater/media room, a 10th-floor gym, a rooftop community room and patio with a grill, seating, and planter boxes. Downstairs, the Midtown Global Market offers a wide range of restaurants, shops, and entertainment. The Midtown Greenway trail is at the end of the block, and Powderhorn Park is only two blocks south. With 24-hour security, one-level living, easy access to freeways & public transportation, and a pet-friendly policy, this historic property is truly magnificent!

Last Agent to Sell the Property

Gretchen Kuriger

Coldwell Banker Realty Brokerage Phone: 612-245-1357 Listed on: 03/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Annalie Nienow

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 2005

Lot Details

  • 5.87

HOA Fees

  • $739 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • Wheelchair Access
  • No Interior Steps

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 3502924340563

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, security, shared amenities, snow removal, water
  • First Residential Association, Phone Number (612) 238-2387
  • High-Rise Condominium
  • Cic 1430 The Chicago Condo Subdivision

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Additional Features

  • Lobby
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,632

Year Built

Built in 2005

Lot Details

0

HOA Fees

$739 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air, Heat Pump
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1287
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-245-1357
  • Attribution Contact: 612-245-1357
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1287
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Media Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tar/Gravel
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Midtown Phillips

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Floor Drain, Garage Door Opener, Guest Parking, Underground

Utilities

  • Heating: Baseboard, Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-238-2387
  • Association Fee: 739
  • Association: Yes
  • Amenities Unit: Cable,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Panoramic View,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502924340563
  • Tax Annual Amount: 2632
  • TaxWithAssessments: 2632.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 7, 2024
Sold by
Omana Bernabe Ariza
Bought by
Bicking Gaylyn
Seller's Agent
Gretchen Kuriger
Coldwell Banker Realty
Buyer's Agent
Annalie Nienow
Keller Williams Realty Integrity Lakes
List Price
$250,000
Sold Price
$248,913
Premium/Discount to List
-$1,087
-0.43%
Views
18
Current Estimated Value
$234,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,493
Avg. Annual Appreciation
-3.70%

Purchase Details

Closed on
Oct 14, 2021
Sold by
Rolfsrud Stanley A and Rolfsrud Kathleen A
Bought by
Omana Bernabe Ariza

Purchase Details

Closed on
May 15, 2006
Sold by
Chicago Lofts Llc
Bought by
Rolfsrud Stan and Rolfsrud Kathleen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bicking Gaylyn $248,911 Results Title
Omana Bernabe Ariza $230,000 None Listed On Document
Rolfsrud Stan $284,850 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $248,913 0.0% $193 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/16/2024 04/16/24 Off Market $248,913 -- --
04/03/2024 04/03/24 For Sale $250,000 +0.4% $194 / Sq Ft
03/28/2024 03/28/24 Off Market $248,913 -- --
03/23/2024 03/23/24 For Sale $250,000 -- $194 / 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
2024 $2,777 $211,000 $10,000 $201,000
2023 $2,637 $217,000 $6,000 $211,000
2022 $3,248 $228,000 $6,000 $222,000
2021 $2,959 $234,000 $5,000 $229,000
2020 $3,121 $215,000 $2,500 $212,500
2019 $2,994 $215,000 $2,500 $212,500
2018 $2,780 $215,000 $2,500 $212,500
2017 $2,437 $176,000 $2,500 $173,500
2016 $1,826 $135,500 $2,500 $133,000
2015 $1,774 $127,500 $2,500 $125,000
2014 -- $127,500 $2,500 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6507768

NorthstarMLS

APN: 35-029-24-34-0563