NOT LISTED FOR SALE

2929 Chicago Ave Unit 1113 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $266,000 - $306,000

2 Beds
2 Baths
1,420 Sq Ft
$785/mo HOA Fee

Last Sold September 05, 2023

Last sale price $280,000 $197 Per Sq Ft

Current estimated payment $2,575/month

129 Days on Market

Highlights

  • Patio
  • No Interior Steps
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of September 2023

This dream loft at the Chicago has it all PLUS the kitchen remodel of your dreams! 2 Garage spaces, in-unit laundry and tons of storage, additional storage unit in the basement, breathtaking views of Downtown from your dining room table and panoramic Western view!

Last Agent to Sell the Property

Emily Green

Sandy Green Realty, Inc. Listed on: 04/27/2023

Last Buyer's Agent

Collin Moses

Lakes Area Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,725

Year Built

  • Built in 1928

Lot Details

  • Few Trees
  • Additional Parcels

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Pathway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 3502924340751

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
  • First Service Association, Phone Number (952) 277-2700
  • High-Rise Condominium

Additional Features

  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,725

Year Built

Built in 1928

Lot Details

0

HOA Fees

$785 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Door Lever Handles, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 1420
  • 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, Microwave, Range, Refrigerator, Washer
  • Living Area: 1420
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room,Other

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Tar/Gravel
  • Neighborhood: Midtown Phillips

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 785
  • Association: Yes
  • Amenities Unit: Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: COMMON
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: Yes
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502924340751
  • Tax Annual Amount: 3725
  • TaxWithAssessments: 3725.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Sep 5, 2023
Sold by
Jacobs Jeffrey and Armfield Matthew
Bought by
Schweser Julie and Schweser Gilbert
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Collin Moses
Lakes Area Realty
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%
Views
139
Current Estimated Value
$281,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,092
Avg. Annual Appreciation
0.17%

Purchase Details

Listed on
Apr 27, 2023
Closed on
Aug 29, 2023
Sold by
Jacobs Jeffrey Wayne and Armfield Matthew Aaron
Bought by
Schweser Julia and Schweser Gilbert
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Collin Moses
Lakes Area Realty
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%
Views
139

Purchase Details

Closed on
Sep 20, 2019
Sold by
Mejia Pamela K and Mejia Matthew J
Bought by
Jacobs Jeffrey Wayne and Armfield Matthew Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Mejia Pamela K and Mejia Matthew J
Bought by
Mejia Pamela J and Mejia Matthew J

Purchase Details

Closed on
Mar 11, 2016
Sold by
Chicago Lofts Llc
Bought by
Ryan Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schweser Julie $280,000 --
Schweser Julia $280,000 Bankers Title
Jacobs Jeffrey Wayne $139,500 None Available
Mejia Pamela J -- None Available
Ryan Pamela K $255,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobs Jeffrey Wayne $251,100
Previous Owner Ryan Pamela K $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $280,000 -5.1% $197 / Sq Ft
04/28/2023 04/28/23 For Sale $294,900 -- $208 / 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 $3,748 $252,000 $10,000 $242,000
2023 $3,276 $262,000 $7,000 $255,000
2022 $3,899 $276,000 $7,000 $269,000
2021 $3,512 $290,000 $7,000 $283,000
2020 $3,686 $266,000 $3,000 $263,000
2019 $3,800 $266,000 $3,000 $263,000
2018 $3,536 $266,000 $3,000 $263,000
2017 $3,121 $218,000 $3,000 $215,000
2016 $2,671 $167,500 $3,000 $164,500
2015 $2,637 $157,500 $3,000 $154,500
2014 -- $157,500 $3,000 $154,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6361633

NorthstarMLS

APN: 35-029-24-34-0583