NOT LISTED FOR SALE

Estimated Value: $457,000 - $469,000

2 Beds
2 Baths
1,625 Sq Ft
$1,502/mo HOA Fee

Last Sold November 13, 2023

Last sale price $525,000 $323 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,576/month

89 Days on Market

Highlights

  • Sauna
  • Deck
  • Community Garden
  • Lake View
  • Community Indoor Pool
  • 4-minute walk to Bde Maka Ska

About This Home

As of November 2023

Stunning Lake Point residence. Sleek sophisticated design combined with sensational lake views provides an unparalleled residence and lifestyle only possible at Lake Point. One of the buildings largest 2-bedroom plans features top of the line appliances, stunning Bamboo floors, beautifully updated bathrooms all presented in a thoughtful design, enhancing views from all rooms while providing delightful living spaces. Enjoy the best of Lakes living in this established community.

Last Agent to Sell the Property

Matt Baker

Coldwell Banker Realty Brokerage Phone: 612-860-4222 Listed on: 08/07/2023

Coldwell Banker Realty

Last Buyer's Agent

Daniel Desrochers

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,687

Year Built

  • Built in 1978

Lot Details

  • Zero Lot Line
  • Additional Parcels

HOA Fees

  • $1,502 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202924430133

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Recreation

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,687

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,502 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Common Garden, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1625
  • Water Body Name: Bde Maka Ska
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-860-4222
  • Attribution Contact: 612-860-4222
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1625
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Sun Room
  • Shared Rooms: Amusement/Party Room,Exercise Room,Guest Suite

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: Indoor
  • Fencing: None
  • Neighborhood: Cedar - Isles - Dean
  • Lake Acres: 419
  • LakeChain: Y
  • Lake Chain Acreage: 1049
  • Lake Chain Name: Minneapolis

Garage/Parking

  • Parking Features: Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 1502
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Indoor Sprinklers,Kitchen Window,Natural Woodwork,Security System,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Residential

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees, Zero Lot Line
  • Additional Parcels Description: 3202924430317
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3202924430133
  • Tax Annual Amount: 5687
  • TaxWithAssessments: 5687.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Nov 13, 2023
Sold by
1402 Llc
Bought by
Greenleaf James and Greenleaf Suzanne
Seller's Agent
Matt Baker
Coldwell Banker Realty
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$549,500
Sold Price
$525,000
Premium/Discount to List
-$24,500
-4.46%
Total Days on Market
89
Views
81
Current Estimated Value
$463,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,420
Avg. Annual Appreciation
-7.53%

Purchase Details

Closed on
Dec 13, 2019
Sold by
Gulstad Joann Marie and Tennyson Vanessa Gulstad
Bought by
1402 Llc

Purchase Details

Closed on
Mar 6, 2008
Sold by
Pollack James L
Bought by
Tennyson Joseph A
Source: Public Records

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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
Greenleaf James $525,000 Burnet Title
1402 Llc $425,000 Watermark Title Agency
Tennyson Joseph A $396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tennyson Vanessa Gulstad $279,690
Previous Owner Tennyson Joseph A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $525,000 0.0% $323 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $525,000 -4.5% $323 / Sq Ft
08/10/2023 08/10/23 For Sale $549,500 -- $338 / 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 $5,810 $446,000 $7,000 $439,000
2022 $5,806 $419,000 $7,000 $412,000
2021 $5,506 $419,000 $5,000 $414,000
2020 $7,366 $411,200 $5,500 $405,700
2019 $7,274 $506,500 $5,500 $501,000
2018 $6,837 $487,000 $5,500 $481,500
2017 $6,537 $424,500 $5,500 $419,000
2016 $6,435 $405,000 $5,500 $399,500
2015 $6,324 $379,500 $5,500 $374,000
2014 -- $363,500 $5,500 $358,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6413741

NorthstarMLS

APN: 32-029-24-43-0133