NOT LISTED FOR SALE

Estimated Value: $242,000 - $264,650

1 Bed
1 Bath
1,109 Sq Ft
$620/mo HOA Fee

Last Sold March 02, 2023

Last sale price $248,000 $224 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,299/month

94 Days on Market

Highlights

  • Deck
  • Den
  • Stainless Steel Appliances
  • Main Floor Primary Bedroom
  • Elevator
  • Patio

About This Home

As of March 2023

Excellent top-floor condo in the heart of Loring Park. This south-facing one-bed + den unit is turn-key! Recent updates include: new bathroom shower, vanity & tile; new bedroom + den flooring; freshly painted. The kitchen features granite counters, an SS range & refrigerator, and a full-sized dishwasher. Enjoy the owner’s suite with a huge walk-in closet & ensuite bathroom; in-unit laundry + storage; the upgraded gas fireplace; the south-facing deck with access from the living room & bedroom. Use the extra room (den) as an office or bedroom. There’s an underground heated parking spot with the option for additional storage space. Built in 2006, the modern Oak Grove building features a community room, an exercise room, secured guest parking, and a private courtyard garden. Conveniently located near Loring Park, walking & biking trails, Downtown & Uptown, the Walker Art Center & Sculpture Garden, and major highways. Truly a move-in ready condo in a fantastic location!

Last Listed By

Ed Schaefer

RE/MAX Results Listed on: 10/28/2022

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 2006

Lot Details

  • 0.69

HOA Fees

  • $620 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,109 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Built-In Oven
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924310252

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1245 301 Oak Grove Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,655

Year Built

Built in 2006

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+, No Stairs Internal, Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1109
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1109
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Den, Deck, Laundry, Primary Bathroom
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 620
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924310252
  • Tax Annual Amount: 3655
  • TaxWithAssessments: 3655.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 2, 2023
Sold by
Zhou Le
Bought by
Moreno Jose and Desutter Jeff
Seller's Agent
Ed Schaefer
RE/MAX Results
List Price
$248,000
Sold Price
$248,000
Total Days on Market
94
Views
47
Current Estimated Value
$253,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,663
Avg. Annual Appreciation
1.01%
Original Mortgage
$186,000
Outstanding Balance
$168,078
Interest Rate
5.28%
Mortgage Type
Construction
Estimated Equity
$85,585

Purchase Details

Closed on
May 1, 2015
Sold by
Laxman Raman and Sundararaman Lalitha
Bought by
Zhou Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2013
Sold by
Raman Divya
Bought by
Laxman Raman and Sundaraman Lalitha

Purchase Details

Closed on
Mar 21, 2011
Sold by
Raman Divya
Bought by
Laxman Raman and Raman Diwa

Purchase Details

Closed on
Jun 2, 2006
Sold by
Mendota Homes Inc
Bought by
Raman Divya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,900
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Minneapolis, MN

  • 400 Groveland Ave Unit 2107, Minneapolis, MN 55403

    $239,900

    • 1 Bed
    • 2 Baths
    • 1,495 Sq Ft
    • 400 Groveland Ave
    • Unit 2107
    • Minneapolis, MN

    Elegant and inviting sky high home with amazing panoramic and skyline views. Spacious and gracious rooms. Exquisite millwork and moldings throughout. Sumptuous primary suite features striking marble bath with separate tub and shower. Desirable smooth ceilings. 2nd bedroom currently converted to glorious library/office. Enjoy wonderful storage and high end finishes in this one of a kind

    Barbara Brin Coldwell Banker Realty

    Section Image
  • 1235 Yale Place Unit 207, Minneapolis, MN 55403

    $309,000

    • 2 Beds
    • 2 Baths
    • 1,610 Sq Ft
    • 1235 Yale Place
    • Unit 207
    • Minneapolis, MN

    Marvelous corner 2 bedroom 2 bath floor plan with brand new carpet throughout and lovely views of the newly designed plaza. Primary bedroom has wonderful bay window and dressing area. Eat-in kitchen with convenient adjacent pantry and laundry. Inviting 3 season porch, tandem 2 stall parking and more Loring Green's amenities are unsurpassed. In ideal downtown location..stroll to all the city has

    Barbara Brin Coldwell Banker Realty

    Section Image
  • 1235 Yale Place Unit 1208, Minneapolis, MN 55403

    $289,900

    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft
    • 1235 Yale Place
    • Unit 1208
    • Minneapolis, MN

    Attractive and well-maintained upper level 2 bedroom and 2 bath with lovely Greenway and skyline views. Elegant millwork and crown molding and rarely available inviting brick gas fireplace. Open eat-in kitchen with convenient adjacent laundry/pantry. Wonderful 3 season porch with storage and amenities galore. Perfect time to enjoy the amazing newly finished grounds, barbeques and tennis courts.

    Barbara Brin Coldwell Banker Realty

    Section Image
  • 910 Lincoln Ave Unit B4, Minneapolis, MN 55403

    $299,910

    • 2 Beds
    • 2.5 Baths
    • 1,321 Sq Ft
    • 910 Lincoln Ave
    • Unit B4
    • Minneapolis, MN

    This exquisite city home offers an unparalleled urban living experience. Located within walking distance of the esteemed Walker Art Center, residents can easily enjoy a vibrant culinary scene and explore unique boutiques. Convenient access to major highways (394, 94, 35W, 55) facilitates effortless commutes. Situated minutes from downtown Minneapolis and a short drive to Saint Paul, this home is

    Lance Berwald Keller Williams Preferred Rlty

    Section Image
  • 1800 Clinton Ave Unit 205, Minneapolis, MN 55404

    $208,000

    • 1 Bed
    • 1 Bath
    • 792 Sq Ft
    • 1800 Clinton Ave
    • Unit 205
    • Minneapolis, MN

    Don't miss this spacious, open concept condo unit with high ceilings and abundant natural light. Fresh paint throughout and an updated bathroom making this unit move-in ready. The kitchen includes a large island and sleek granite countertops—perfect for both cooking and entertaining, white the bedroom hosts a great walk-in closet. Enjoy the convenience of in-unit full-size washer and dryer, along

    Ryan Platzke Coldwell Banker Realty

    Section Image
  • 600 N 2nd St Unit 302, Minneapolis, MN 55401

    $289,900

    • 2 Beds
    • 2 Baths
    • 1,158 Sq Ft
    • 600 N 2nd St
    • Unit 302
    • Minneapolis, MN

    This 2 bed/2 full bath unit is crisp, clean and ready for you to move right in with new carpet and paint throughout, but priced accordingly to personalize with your own updates! Single level living at its finest featuring spacious kitchen with breakfast bar, multitdue of storage options, gas fireplace, and private balcony. Entire wall of East facing windows provide fabulous natural light

    Janelle Murlowski P.S. Real Estate, LLC

    Section Image
  • 210 W Grant St Unit 710, Minneapolis, MN 55403

    $189,900

    • 1 Bed
    • 1 Bath
    • 788 Sq Ft
    • 210 W Grant St
    • Unit 710
    • Minneapolis, MN

    Welcome to this lovely 1-bedroom, 1-bath top floor Minneapolis condominium with a dedicated 1 car heated underground garage stall and storage closet. Located on the 7th floor of the Loring Way Condominium building, this home provides fantastic western views of Loring Park, The Basilica, the Sculpture Gardens and downtown Minneapolis. Many new light fixtures and new carpet throughout the home.

    Jeffrey Baechler Coldwell Banker Realty

    Section Image
  • 1235 Yale Place Unit 101, Minneapolis, MN 55403

    $259,000

    • 1 Bed
    • 1 Bath
    • 1,170 Sq Ft
    • 1235 Yale Place
    • Unit 101
    • Minneapolis, MN

    Luxurious condo that has been thoughtfully updated with a full kitchen renovation that included removing a wall to create an open concept, and an exquisite bathroom makeover! An absolutely gorgeous place to call home. Within the building, there is a hot tub, sauna, fitness center, woodworking shop, greenhouse, patio, heated underground parking, 24 hour security and multiple entertainment

    Brian Sajadi RE/MAX Results

    Section Image
  • 15 E Franklin Ave Unit 312, Minneapolis, MN 55404

    $195,000

    • 1 Bed
    • 1 Bath
    • 733 Sq Ft
    • 15 E Franklin Ave
    • Unit 312
    • Minneapolis, MN

    Welcome to your new home! This charming third floor condo is located in the bustling downtown neighborhood of Whitter offering open concept living and plenty of natural light. Recent updates include new floors, dishwasher, toilet, HVAC, and roof ensuring worry-free living for years to come! Plus, residents enjoy upgraded building amenities like a modernized fitness room and enhanced security

    Rianna Redig Edina Realty, Inc.

    Section Image

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

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
Moreno Jose $248,000 Results Title
Zhou Le $222,500 Titlenexus Llc
Laxman Raman $109,676 None Available
Laxman Raman $131,000 --
Raman Divya $274,900 --
Raman Divya $274,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Jose $186,000
Previous Owner Zhou Le $178,000
Previous Owner Raman Divya $27,490
Previous Owner Raman Divya $219,900
Previous Owner Mathern John H $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $248,000 0.0% $224 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $248,000 0.0% $224 / Sq Ft
01/05/2023 01/05/23 For Sale $248,000 0.0% $224 / Sq Ft
12/22/2022 12/22/22 Off Market $248,000 -- --
10/28/2022 10/28/22 For Sale $254,000 -- $229 / 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 $3,062 $248,000 $34,000 $214,000
2022 $3,655 $253,000 $29,000 $224,000
2021 $3,610 $275,000 $24,000 $251,000
2020 $3,702 $280,500 $18,900 $261,600
2019 $3,574 $267,000 $12,600 $254,400
2018 $3,592 $252,000 $12,600 $239,400
2017 $3,312 $229,500 $12,600 $216,900
2016 $3,526 $235,500 $12,600 $222,900
2015 $3,932 $235,500 $12,600 $222,900
2014 -- $216,000 $12,600 $203,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6302436

NorthstarMLS

APN: 27-029-24-31-0252