NOT LISTED FOR SALE

2929 Chicago Ave Unit 1213 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $250,000 - $285,000

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

Last Sold July 31, 2023

Last sale price $285,000 $201 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,581/month

48 Days on Market

Highlights

  • City View
  • Den
  • Living Room
  • 255,479 Sq Ft lot
  • 1 Car Attached Garage
  • Guest Parking

About This Home

As of July 2023

Do not miss this spacious, beautifully updated move-in ready loft in the celebrated Midtown Exchange Building. Take in amazing views of dntn Minneapolis and western sunsets from this 12th floor gem, 14” ceilings, open floor plan, updated kitchen with newer appliances, tile backsplash kilned by local artists, floor to ceiling bookcase and cozy reading nook. Main suite features walk-in closet and full bath. Cook on the premier double-oven induction range while enjoying music from the recently-installed kitchen sound system.You will enjoy a friendly and spirited community of homeowners, who take pride in the many amenities available in this extraordinary historic building, including a skyline community room for larger gatherings, a rooftop with garden, 360 views of MPLS , entertainment room, heated parking, bike room and storage lockers. Not to mention you have access to the incomparable Midtown Global Mkt.

Last Listed By

Simon Hardy

Edina Realty, Inc. Listed on: 06/12/2023

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1900

Lot Details

  • 6

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Guest Parking

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, cable TV, hazard insurance, heating, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1430 The Chicago Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502924340606

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,634

Year Built

Built in 1900

Lot Details

0

HOA Fees

$785 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1420
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1420
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den

Beds/Baths

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

Exterior Features

  • Neighborhood: Midtown Phillips

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Guest Parking, Heated Garage, Parking Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 785
  • Association: Yes
  • Amenities Unit: City View,Exercise Room,Panoramic View

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 255479.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502924340606
  • Tax Annual Amount: 3634
  • TaxWithAssessments: 3634.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 31, 2023
Sold by
Orenstein Howard R and Orenstein Barbara A
Bought by
Hasnedl Jerry and Hasnedl Ruth
Seller's Agent
Simon Hardy
Edina Realty, Inc.
Buyer's Agent
Collin Moses
Lakes Area Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Total Days on Market
48
Views
75
Current Estimated Value
$271,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,316
Avg. Annual Appreciation
-2.58%
Original Mortgage
$228,000
Outstanding Balance
$224,048
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$47,636

Purchase Details

Closed on
Mar 31, 2017
Sold by
Schwanke Maxene
Bought by
Orenstein Howard R and Frey Barbara A

Purchase Details

Closed on
Dec 15, 2016
Sold by
Schwanke Maxene
Bought by
Orensteln Howard R and Frey Barbara A

Purchase Details

Closed on
Jan 9, 2006
Sold by
Chicago Lofts Llc
Bought by
Schwanke Maxene

Range of Values:

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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
Hasnedl Jerry $285,000 Edina Realty Title
Orenstein Howard R $235,000 Edina Realty Title Inc
Orensteln Howard R $235,000 Edina Reality Title Inc
Schwanke Maxene $347,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasnedl Jerry $228,000
Previous Owner Schwanke Maxene J $100,000
Closed Orensteln Howard R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $285,000 -4.7% $201 / Sq Ft
06/12/2023 06/12/23 For Sale $299,000 -- $211 / 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 $3,296 $264,000 $7,000 $257,000
2022 $3,934 $278,000 $7,000 $271,000
2021 $3,536 $293,000 $6,000 $287,000
2020 $3,734 $268,500 $2,900 $265,600
2019 $3,849 $268,500 $2,900 $265,600
2018 $3,585 $268,500 $2,900 $265,600
2017 $3,380 $219,500 $2,900 $216,600
2016 $2,694 $169,000 $2,900 $166,100
2015 $2,349 $159,500 $2,900 $156,600
2014 -- $159,500 $2,900 $156,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6385569

NorthstarMLS

APN: 35-029-24-34-0606