NOT LISTED FOR SALE

Estimated Value: $273,555 - $331,000

1 Bed
1.5 Baths
1,000 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $275,000 $275 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,830/month

139 Days on Market

Highlights

  • Building Security
  • 0.91 Acre Lot
  • Community Garden
  • Lake View
  • Corner Lot
  • 4-minute walk to Bde Maka Ska

About This Home

As of October 2020

Relax in this elegant condo in desirable Minneapolis location. Walking distance to trails, lakes, restaurants, & shopping. Enjoy stunning sunsets on the balcony overlooking Cedar Lake. Beautifully remodeled kitchen and bathrooms. Plenty of built ins to store your treasures. Enjoy the luxurious lifestyle provided by living in Lake Point Condos!
Upon final acceptance of PA, seller will arrange for 3 months of assoc fees to be paid at closing. These include HOA dues $689.18; parking spot $129.26; cable/internet $59.03. Total monthly fee $877.47.

Last Listed By

Della Johnson

Keller Williams Premier Realty Lake Minnetonka Listed on: 05/20/2020

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1977

Lot Details

  • 0.91 Acre Lot
  • Corner Lot
  • Few Trees

HOA Fees

  • $878 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Subterranean Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Panel Doors
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202924430141

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, controlled access, hazard insurance, heating, internet, outside maintenance, parking space, professional mgmt, sanitation, security staff, shared amenities, snow removal, snow/lawn care, water/sewer
  • First Service Residential Association
  • Condo 0095 Lake Point Condo Subdivision

Amenities

  • Community Garden
  • Elevator

Security

  • Building Security
  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,119

Year Built

Built in 1977

Lot Details

0

HOA Fees

$878 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1977
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1000.00
  • Above Grade Finished Area Search: 1000.00
  • Above Grade Finished Sq Ft: 1000.00
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Chain Acres: 1049.770
  • Chain Name: Minneapolis
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 82
  • List A O R Key Numeric: 10172
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1000.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 100.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Calhoun - Isle
  • Parcel Numbers: 3202924430141,3202924430341
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Number Limit
  • Stories Type: One
  • Water Body Name: Bde Maka Ska
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Guest Suite
  • Basement: None
  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Bathroom Type: Bathroom Ensuite, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Living Area: 1000.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • LakeAcres: 419.41000
  • Waterfront View: Lake

Garage/Parking

  • Parking Features: Attached Garage, Covered, Underground Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Shared Amenities, Snow Removal, Snow/Lawn Care, Water/Sewer
  • Association Fee: 878.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Ceiling Fan(s), Indoor Sprinklers, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Paneled Doors, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Multi-Family, Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Public Transit (w/in 6 blks), Tree Coverage - Light
  • Lot Size Acres: 0.9070
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CONDO NO 0095 LAKE POINT CONDO APT NO 1504
  • Tax Amount: 4119.00
  • Tax Year: 2019
  • Tax With Assessments: 4119.00
  • Assessor Parcel Number: 3202924430141

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake View

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Oct 24, 2020
Sold by
Jones Morgan and Ruth Vickroy Jones Living Trus
Bought by
Akerstrom Pamela
Seller's Agent
Della Johnson
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Sherri Hunter
LPT Realty, LLC
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Total Days on Market
139
Current Estimated Value
$293,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,889
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
May 11, 2020
Sold by
Jones Ruth Vickroy
Bought by
Jones Morgan and Jones Ruth Vickroy

Purchase Details

Closed on
Apr 26, 2001
Sold by
Ford Donna L
Bought by
Fraser Linda J

Range of Values:

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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
Akerstrom Pamela $275,000 Watermark Title Agency
Fraser Linda J $189,900 --
Akerstrom Pamela Pamela $275,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $275,000 -8.0% $275 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $299,000 -8.0% $299 / Sq Ft
07/16/2020 07/16/20 Price Changed $325,000 -7.1% $325 / Sq Ft
05/25/2020 05/25/20 For Sale $350,000 +75.0% $350 / Sq Ft
07/02/2012 07/02/12 Sold $200,000 -6.5% $200 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $214,000 -- $214 / 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 $3,778 $290,000 $4,000 $286,000
2022 $4,046 $279,000 $4,000 $275,000
2021 $3,636 $292,000 $3,000 $289,000
2020 $3,938 $281,000 $7,500 $273,500
2019 $3,881 $281,000 $7,500 $273,500
2018 $3,617 $270,000 $7,500 $262,500
2017 $3,426 $235,500 $7,500 $228,000
2016 $3,356 $225,000 $7,500 $217,500
2015 $3,270 $211,000 $7,500 $203,500
2014 -- $205,000 $7,500 $197,500
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5570022

NorthstarMLS

APN: 32-029-24-43-0141