$275,000
SOLD DEC 6, 2024
2 Beds
1.5 Baths
1,160 Sq Ft
$1,653/mo HOA Fee

Recently Sold

$237 Per Sq Ft

15% Below List Price

88 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Walk-In Closet
  • Lake View
  • Elevator
  • 4-minute walk to Bde Maka Ska

About This Home

As of December 2024

Step into the epitome of urban elegance with this stunning 2-bedroom, 2-bathroom condo perched on the 24th floor, offering breathtaking views of Bde Maka Ska. This unit has an open and airy floor plan that seamlessly integrates the living, dining, and kitchen areas, all bathed in natural light streaming through expansive windows showcasing panoramic views of the lake and city skyline. Residents of Lake Point enjoy access to a range of amenities: an indoor pool and spa overlooking the lake, a gym with a sauna and steam room, a spacious community room with a veranda that wraps around the entire building, indoor assigned parking and 24- hr lobby staff. Enjoy a lifestyle of both tranquility and urban convenience.

Last Agent to Sell the Property

Ruth Whitney-Bowe

Coldwell Banker Realty Brokerage Phone: 612-805-7412 Listed on: 07/19/2024

Coldwell Banker Realty

Co-Listed By

Laura Whitney

Coldwell Banker Realty Brokerage Phone: 612-805-7412

Last Buyer's Agent

Ruth Whitney-Bowe

Coldwell Banker Realty Brokerage Phone: 612-805-7412 Listed on: 07/19/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1977

HOA Fees

  • $1,653 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deck

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202924430191

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, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0095 Lake Point Condo Subdivision

Amenities

  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,405

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,653 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Deck, Elevator(s), Spa/Hot Tub, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 1160
  • Water Body Name: Bde Maka Ska
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-805-7412
  • Attribution Contact: 612-805-7412
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 1160
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 2, Bedroom 1, Walk In Closet, Deck
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Sun Room

Beds/Baths

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

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • View: Lake, South
  • Neighborhood: Cedar - Isles - Dean
  • Lake Acres: 419
  • LakeChain: Y
  • Lake Chain Acreage: 1049
  • Lake Chain Name: Minneapolis

Garage/Parking

  • Parking Features: Assigned, Heated Garage

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, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 1653
  • Association: Yes
  • Amenities Unit: Balcony,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service 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
  • Additional Parcels Description: 3202924430315
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3202924430191
  • Tax Annual Amount: 4405
  • TaxWithAssessments: 4404.7000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Dec 4, 2024
Sold by
Sonia Bowe-Gutman Trust Dated October 28
Bought by
Ronan Shawn
Seller's Agent
Ruth Whitney-Bowe
Coldwell Banker Realty
Buyer's Agent
Ruth Whitney-Bowe
Coldwell Banker Realty
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
165
Current Estimated Value
$325,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,296
Avg. Annual Appreciation
23.04%
Original Mortgage
$206,250
Outstanding Balance
$204,548
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$120,748
Source: Public Records

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 Type Sale Price Title Company
Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $275,000 -8.0% $237 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $299,000 -8.0% $258 / Sq Ft
07/19/2024 07/19/24 For Sale $325,000 -- $280 / 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
2024 $4,683 $330,000 $5,000 $325,000
2023 $4,225 $330,000 $5,000 $325,000
2022 $4,748 $330,000 $5,000 $325,000
2021 $4,619 $347,000 $4,000 $343,000
2020 $5,002 $349,000 $8,700 $340,300
2019 $4,935 $349,000 $8,700 $340,300
2018 $4,606 $335,500 $8,700 $326,800
2017 $4,366 $292,000 $8,700 $283,300
2016 $4,283 $279,000 $8,700 $270,300
2015 $4,177 $261,500 $8,700 $252,800
2014 -- $250,500 $8,700 $241,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6551984

NorthstarMLS

APN: 32-029-24-43-0191