3116 W Lake St Unit 521 Minneapolis, MN 55416
Cedar-Isles-Dean NeighborhoodEstimated Value: $464,000 - $507,000
2
Beds
2
Baths
1,755
Sq Ft
$1,005/mo
HOA Fee
Highlights
- 98,489 Sq Ft lot
- Walk-In Closet
- 1-Story Property
- Deck
- Living Room
- Forced Air Heating System
About This Home
As of June 2023Welcome to the Loop. Where the very best of city living comes together. Nestled in the heart of the city lakes and just steps from the Greenway as well as the Grand Rounds Scenic Byway. Outdoor activities abound. Great dining and shopping are within walking distance as well. The floor to ceiling windows fill the condo with natural light. With over 1700 fsf, the home is spacious and has storage around every corner. The homeowner has meticulously maintained this home and is one of the few units to invest in a new furnace/ac unit. Make an appointment today to see what this penthouse unit at the Loop has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,479
Year Built
- Built in 2007
Lot Details
- 2.26
HOA Fees
- $1,005 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 1,755 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Forced Air Heating System
Community Details
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, shared amenities, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1550 Loop Calhoun Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 3202924340647
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
Jun 29, 2023
Sold by
Hodenfield Michael B
Bought by
Gray Robert and Gray Sally
Seller's Agent
Caroline Cashman
Edina Realty, Inc.
Buyer's Agent
Lisa Eckert
Edina Realty, Inc.
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Total Days on Market
52
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,899
Avg. Annual Appreciation
3.09%
Purchase Details
Listed on
Jul 25, 2017
Closed on
Sep 21, 2017
Sold by
Zhang Xue
Bought by
Hodenfield Michael B
Seller's Agent
Dave Doran
eXp Realty
Buyer's Agent
Pierce Conway
Edina Realty, Inc.
List Price
$449,600
Sold Price
$415,000
Premium/Discount to List
-$34,600
-7.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Purchase Details
Listed on
Apr 6, 2013
Closed on
Oct 18, 2013
Sold by
Lasalle 115 Holdings Llc
Bought by
Zhang Xue
Seller's Agent
John Wanninger
Lakes Sotheby's International Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$100,000
Interest Rate
3.96%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 7, 2012
Sold by
Calhoun Holdings Llc
Bought by
Lasalle 115 Holdings Llc
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 the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gray Robert | $465,000 | Edina Realty Title | |
| Hodenfield Michael B | $415,000 | Liberty Title Inc | |
| Zhang Xue | $400,000 | First American Title | |
| Lasalle 115 Holdings Llc | -- | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hodenfirld Michael B | $290,500 | |
| Previous Owner | Zhang Zue | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $465,000 | -7.0% | $265 / Sq Ft |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $500,000 | +20.5% | $285 / Sq Ft |
| 09/21/2017 09/21/17 | Sold | $415,000 | -4.6% | $236 / Sq Ft |
| 09/18/2017 09/18/17 | Pending | -- | -- | -- |
| 08/02/2017 08/02/17 | Price Changed | $435,000 | -3.2% | $248 / Sq Ft |
| 07/26/2017 07/26/17 | For Sale | $449,600 | +12.4% | $256 / Sq Ft |
| 10/18/2013 10/18/13 | Sold | $400,000 | 0.0% | $228 / Sq Ft |
| 09/20/2013 09/20/13 | Pending | -- | -- | -- |
| 04/06/2013 04/06/13 | For Sale | $399,900 | -- | $228 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,292 | $483,000 | $29,000 | $454,000 |
| 2022 | $6,554 | $493,000 | $29,000 | $464,000 |
| 2021 | $6,314 | $473,000 | $26,000 | $447,000 |
| 2020 | $6,838 | $471,500 | $30,300 | $441,200 |
| 2019 | $6,841 | $471,500 | $30,300 | $441,200 |
| 2018 | $6,431 | $458,000 | $30,300 | $427,700 |
| 2017 | $5,925 | $387,000 | $30,300 | $356,700 |
| 2016 | $6,567 | $413,500 | $30,300 | $383,200 |
| 2015 | $6,349 | $383,500 | $30,300 | $353,200 |
| 2014 | -- | $368,500 | $30,300 | $338,200 |
Source: Public Records
Agents Affiliated with this Home
-
Caroline Cashman
Seller's Agent in 2023
Caroline Cashman
Edina Realty, Inc.
(612) 716-2523
1 in this area
54 Total Sales
-
Lisa Eckert
Buyer's Agent in 2023
Lisa Eckert
Edina Realty, Inc.
(952) 240-7890
1 in this area
38 Total Sales
-
Charles 'Chad' Eckert
Buyer Co-Listing Agent in 2023
Charles 'Chad' Eckert
Edina Realty, Inc.
(612) 590-3090
1 in this area
70 Total Sales
-
Dave Doran
Seller's Agent in 2017
Dave Doran
eXp Realty
(651) 246-8987
1 in this area
155 Total Sales
-
P
Buyer's Agent in 2017
Pierce Conway
Edina Realty, Inc.
-
John Wanninger
Seller's Agent in 2013
John Wanninger
Lakes Sotheby's International Realty
(952) 240-7600
121 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6354621
APN: 32-029-24-34-0647
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