NOT LISTED FOR SALE

Estimated Value: $525,000 - $728,017

1 Bed
2.5 Baths
1,895 Sq Ft
$345/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $825,250 $435 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,007/month

271 Days on Market

Highlights

  • Building Security
  • Sauna
  • Wood Flooring
  • Heated In Ground Pool
  • 0.91 Acre Lot
  • 4-minute walk to Bde Maka Ska

About This Home

As of April 2019

Spectacular Lake Point penthouse with panoramic views of Lakes Calhoun, Cedar and Isles. Open layout and terrific natural light. Herringboned wood floors, new double paned windows, fireplace, balcony off living room, family room/den with Murphy bed, 2 1/2 baths, master with upgraded closets, in-unit laundry. Upgraded HVAC system. 2 garage stalls, 2 storage spaces and 2 bicycle stalls secured in guest garage. Rare opportunity.

Last Listed By

Barry Berg

Coldwell Banker Realty Listed on: 07/26/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,727

Year Built

  • Built in 1977

Lot Details

  • 0.91 Acre Lot

HOA Fees

  • $1,532 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Double Sided Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Sauna
  • Fire Sprinkler System

Kitchen

  • Indoor Grill
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 3202924430175

Community Details

Overview

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

Amenities

  • Elevator

Recreation

Security

  • Building Security
  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,727

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,532 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 2.00
  • Accessibility Features: Elevator, No Stairs External, No Stairs Internal, Wheelchair Ramp
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Hot Tub, Lawn Sprinkler, Patio, Sauna, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 1895.00
  • Above Grade Finished Area Search: 1895.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-227-2700
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10182
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1895.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Calhoun - Isle
  • Parcel Numbers: 3202924430175,3202924430297,3202924430305
  • Rental License: No
  • Restrictions Type: Architecture Committee, Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Number Limit
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Guest Suite, Sun Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Indoor Grill, Range, Refrigerator, Washer
  • Fireplace Features: 2-Sided, Gas Burning, Living Room
  • Dining Room Features: Breakfast Area, Kitchen/Dining Room, Separate/Formal Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: 3/4 Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Secured, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 1532.00

Association/Amenities

  • Property Amenities: Balcony, Hardwood Floors, Indoor Sprinklers, Natural Woodwork, Tile Floors, Walk-In Closet

Schools

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

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: Common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks)
  • 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 2104
  • Tax Amount: 10727.00
  • Tax Year: 2019
  • Tax With Assessments: 10727.00
  • Assessor Parcel Number: 3202924430175

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Apr 30, 2019
Sold by
Pierson John K
Bought by
Flecker Susan A and Susan A Flecker Revocable Trust
Seller's Agent
Barry Berg
Coldwell Banker Realty
List Price
$895,000
Sold Price
$825,250
Premium/Discount to List
-$69,750
-7.79%
Total Days on Market
271
Current Estimated Value
$653,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,496
Avg. Annual Appreciation
-4.29%

Purchase Details

Closed on
Apr 28, 1997
Sold by
Lund Russell T
Bought by
Lindgren Bernard W

Range of Values:

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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
Flecker Susan A $825,252 Edina Realty Title Inc
Lindgren Bernard W $345,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $825,250 -7.8% $435 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
07/26/2018 07/26/18 For Sale $895,000 -- $472 / 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 $10,202 $731,000 $8,000 $723,000
2022 $11,158 $712,000 $8,000 $704,000
2021 $9,647 $749,000 $6,000 $743,000
2020 $10,443 $680,500 $14,200 $666,300
2019 $10,273 $680,500 $14,200 $666,300
2018 $9,559 $654,500 $14,200 $640,300
2017 $9,017 $570,500 $14,200 $556,300
2016 $8,800 $544,500 $14,200 $530,300
2015 $8,541 $510,500 $14,200 $496,300
2014 -- $489,000 $14,200 $474,800
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST4973856

NorthstarMLS

APN: 32-029-24-43-0175