NOT LISTED FOR SALE

Estimated Value: $578,000 - $676,446

3 Beds
2.5 Baths
1,895 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $787,000 $415 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,820/month

65 Days on Market

Highlights

  • Building Security
  • Sauna
  • Wood Flooring
  • Heated In Ground Pool
  • Lake View
  • 4-minute walk to Bde Maka Ska

About This Home

As of November 2018

Welcome to Lake Point; a premier luxury building with unparalled amenities & incredible panoramic views of the city lakes! Stunning renovation by Partners 4 Design with custom architectural appointments & lighting, sun-filled living room with fireplace opens to an extraordinary chef's kitchen with honed solid surfaces & top of the line appliances for spectacular entertaining! High-level finishes, three luxury baths, spectacular master suite & closet, in-unit laundry & exceptional storage space.

Last Listed By

Robert Kessler

Coldwell Banker Realty Listed on: 08/08/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,135

Year Built

  • Built in 1977

Lot Details

  • Corner Lot

HOA Fees

  • $1,532 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Siding

Interior Spaces

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

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

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 3202924430190

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, internet, 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

  • Community Garden
  • Elevator

Recreation

Security

  • Building Security
  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,135

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: Doors 36+, Elevator, No Stairs External, No Stairs Internal, Wheelchair Ramp
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Common Garden, 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: 952-277-2700
  • Carport Y N: No
  • Chain Acres: 1049.770
  • Chain Name: Minneapolis
  • 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
  • Lake Depth Feet: 82
  • List A O R Key Numeric: 10182
  • Listing Organization: Iowa
  • Living Area Finished: 1895.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Calhoun - Isle
  • Parcel Numbers: 3202924430190,3202924430324,3202924430350
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Number Limit
  • Water Body Name: Bde Maka Ska
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Guest Suite, Sun Room
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Other, Refrigerator, Wall Oven, Washer
  • Fireplace Features: 2-Sided, Gas Burning, Living Room
  • Dining Room Features: Informal Dining Room, Kitchen/Dining Room
  • Bathroom Type: Bathroom Ensuite, Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Private Master
  • Fireplace: Yes

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • LakeAcres: 419.41000
  • Waterfront View: Lake
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Fencing: None
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Driveway - Shared, Garage Door Opener, Heated Garage, Secured, Tuckunder Garage, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, 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, Kitchen Window, Sun Room, 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
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: Common
  • Homestead: No
  • Lot Features: Corner Lot, Public Transit (w/in 6 blks)
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CONDO NO 0095 LAKE POINT CONDO APT NO 2404 & GAR APT 128 & 154
  • Tax Amount: 10135.00
  • Tax Year: 2018
  • Tax With Assessments: 10135.40
  • Assessor Parcel Number: 3202924430190

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
Aug 8, 2018
Closed on
Nov 10, 2018
Sold by
Ronning Gerald and Ronning Cheryl
Bought by
Tennyson Vanessa G and Gulstad Joann M
Seller's Agent
Robert Kessler
Coldwell Banker Realty
List Price
$799,900
Sold Price
$787,000
Premium/Discount to List
-$12,900
-1.61%
Total Days on Market
65
Current Estimated Value
$629,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,888
Avg. Annual Appreciation
-3.92%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Kaplan Jay
Bought by
Ronning Gerald and Ronning Cheryl

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Minneapolis, MN

  • 2925 Sunset Blvd, Minneapolis, MN 55416

    $590,000

    • 4 Beds
    • 2 Baths
    • 3,687 Sq Ft
    • 2925 Sunset Blvd
    • Minneapolis, MN

    LOCATION, LOCATION, LOCATION! This high-demand duplex is a cash-flowing dream with incredible potential. Zoned as a duplex, it also features a possible third unit in the basement—just add zoning and egress for even more income! Previously owner-occupied with no current rent rolls, this is the perfect chance to set your own rates. The property boasts a spacious fenced backyard and patio, ideal for

    Melissa Clawson eXp Realty

    Section Image
  • 2707 Fremont Ave S, Minneapolis, MN 55408

    $550,000

    • 5 Beds
    • 4 Baths
    • 2,385 Sq Ft
    • 2707 Fremont Ave S
    • Minneapolis, MN

    Fantastic opportunity to own a multi-family property in the East Lowry Hill neighborhood! This property features three distinct units; a cozy studio, a one-bedroom, and a three-bedroom unit, offering flexibility for owner-occupants or investors. Recent updates include a new boiler, new water main, and a newer water heater, ensuring efficiancy and peace of mind. The property also boasts a fenced

    Luke DeLacey Coldwell Banker Realty

    Section Image
  • 4752 Lyndale Ave S, Minneapolis, MN 55419

    $659,000

    • 6 Beds
    • 2 Baths
    • 3,368 Sq Ft
    • 4752 Lyndale Ave S
    • Minneapolis, MN

    Stunning and well kept Craftsman-era duplex available for the first time in over 35 years. Pride of ownership shines in this period correct beauty- hardwood floors, stunning millwork, pristine original dining room built-ins, and countless other details expected in a 19020's duplex. Recent updates include brand new roof, gutters, rebuilt front stoop, and updated mechanicals. Amazing location

    Andrea Vorachek Keller Williams Realty Integrity

    Section Image
  • 735 Madison St NE, Minneapolis, MN 55413

    $550,000

    • 6 Beds
    • 3 Baths
    • 2,624 Sq Ft
    • 735 Madison St NE
    • Minneapolis, MN

    Amazing opportunity for an owner occupied duplex or to add to an investment portfolio. Live in the big unit and the mortgage payment is less than you would have on a $300,000 house when adding in your rental income!Same owner for the past 20 years, not one full month of vacancy over that time! Welcome to 735 NE Madison St, a charming duplex nestled in the heart of Minneapolis, MN. This

    Charly Marggraf Compass

    Section Image
  • 3020 James Ave S, Minneapolis, MN 55408

    $560,000

    • 6 Beds
    • 3 Baths
    • 3,692 Sq Ft
    • 3020 James Ave S
    • Minneapolis, MN

    You won't beat this location just 2 blocks from Lake Bde Maka Ska in Uptown! Property is in fantastic condition with many original touches in place alongside practical updates that have been made in each unit. Walking distance to all the best restaurants, shops and outdoor amenities that the lakes have to offer. Studio, 2 bed, and 5 bed units each have 1 bath, with a dryer and coin-op washer

    Aaron Goldstein Gold Group Realty, LLC

    Section Image
  • 3035 Irving Ave S, Minneapolis, MN 55408

    $694,500

    • 5 Beds
    • 3 Baths
    • 3,576 Sq Ft
    • 3035 Irving Ave S
    • Minneapolis, MN

    Amazing Duplex Near the Lakes! Live in One Unit, Rent the Other! Dreaming of homeownership with added income potential? This beautifully updated duplex offers the perfect setup for owner-occupants—with ALL THE BIG TICKET ITEMS RECENTLY TAKEN CARE OF. Just three blocks from Bde Maka Ska and the Lake Harriet/Isles Chain of Lakes. Major Upgrades in the Past 2 Years: New Roof, New Siding, Mini-Split

    Michelle Goltz Realty ONE Group Choice

    Section Image
  • 3101 Humboldt Ave S, Minneapolis, MN 55408

    $564,900

    • 4 Beds
    • 2 Baths
    • 2,362 Sq Ft
    • 3101 Humboldt Ave S
    • Minneapolis, MN

    Awesome opportunity to own in the heart of uptown only a few blocks from the lake! Great Duplex with strong rent history! New Roof, Great Layout, Newer Boilers, Hardwood Floors, Updated Kitchens, Full Basement with Storage and Laundry! 2 Tandem Parking Spots! Great Opportunity for anyone wanting an easy to maintain duplex with great rental history! Floor plans are identical 2 bedrooms, 1 bath and

    Joseph Moore Mason James Realty

    Section Image
  • 3105 Humboldt Ave S, Minneapolis, MN 55408

    $564,900

    • 4 Beds
    • 2 Baths
    • 2,410 Sq Ft
    • 3105 Humboldt Ave S
    • Minneapolis, MN

    Awesome opportunity to own in the heart of uptown only a few blocks from the lake! Great Duplex with strong rent history! Great Layout, Hardwood Floors, Updated Kitchens, Full Basement with Storage and Laundry! 2 Tandem Parking Spots! Rear Patio/Terrace. Great Opportunity for anyone wanting an easy to maintain duplex with great rental history! Floor plans are identical 2 bedrooms, 1 bath and

    Joseph Moore Mason James Realty

    Section Image
  • 2738 Emerson Ave S, Minneapolis, MN 55408

    $499,900

    • 4 Beds
    • 2 Baths
    • 1,970 Sq Ft
    • 2738 Emerson Ave S
    • Minneapolis, MN

    Duplex in the heart of Uptown w/ Split Heat and Electric ! Updated bathrooms & kitchens. Lakes, restaurants and shops along Hennepin Ave, Greenway bike path, and bus lines all within walking distance. Screened front porch on both levels. Plenty of off-street parking as well as a 2-stall garage. Hardwood floors. One unit rented & the other vacant. Perfect for a first-time homebuyer or investor.

    Sam Steadman RE/MAX Results

    Section Image

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
Tennyson Vanessa G $787,000 Burnet Title
Ronning Gerald $300,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennyson Vanessa G $200,000
Previous Owner Ronning Gerald $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $787,000 0.0% $415 / Sq Ft
10/14/2018 10/14/18 Off Market $787,000 -- --
10/12/2018 10/12/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $799,900 +1.6% $422 / Sq Ft
09/10/2018 09/10/18 Off Market $787,000 -- --
09/04/2018 09/04/18 Price Changed $799,900 -3.0% $422 / Sq Ft
08/08/2018 08/08/18 For Sale $825,000 -- $435 / 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 $9,595 $693,000 $8,000 $685,000
2022 $10,037 $671,000 $8,000 $663,000
2021 $9,770 $683,000 $6,000 $677,000
2020 $10,576 $688,000 $16,100 $671,900
2019 $10,401 $688,000 $16,100 $671,900
2018 $9,678 $661,500 $16,100 $645,400
2017 $9,130 $576,500 $16,100 $560,400
2016 $8,916 $550,500 $16,100 $534,400
2015 $8,643 $515,500 $16,100 $499,400
2014 -- $450,000 $16,100 $433,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: NST4989770

NorthstarMLS

APN: 32-029-24-43-0190