NOT LISTED FOR SALE

3131 Excelsior Blvd Unit 701 Minneapolis, MN 55416

West Maka Ska Neighborhood

Estimated Value: $271,000 - $305,507

2 Beds
2 Baths
1,200 Sq Ft
$747/mo HOA Fee

Last Sold February 29, 2024

Last sale price $265,000 $221 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,781/month

170 Days on Market

Highlights

  • Sauna
  • Community Pool
  • Living Room
  • Deck
  • Elevator
  • 1-Story Property

About This Home

As of February 2024

Welcome to Lake Living; This spacious and sunny corner unit condo is only one block from Bde Maka Ska. Walk to the Lakes, restaurants, Whole Foods & more. This unit offers a bright & open feel with lots of natural light. You have stunning lake views from the kitchen, bedroom, and balcony. The washer & dryer in unit were purchased in 2021. Building amenities include fitness room, pool, and sauna. This building is pet-friendly and the unit has one underground heated parking stall.

Last Agent to Sell the Property

Samantha Kevitt

SVK Development, LLC Listed on: 08/24/2023

Last Buyer's Agent

Dave Anderson

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1987

Lot Details

  • 1.01

HOA Fees

  • $747 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0502824210316

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, electricity, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1227 Calhoun Place Condo Subdivision

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,708

Year Built

Built in 1987

Lot Details

0

HOA Fees

$747 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
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1987
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1200
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • PoolFeatures: Shared
  • Neighborhood: West Maka Ska

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Electricity, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 747
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 44169.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0502824210316
  • Tax Annual Amount: 3708
  • TaxWithAssessments: 5770.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Feb 22, 2024
Sold by
Cheung Ricky and Cheung Caroline
Bought by
Mccabe Eric N
Seller's Agent
Samantha Kevitt
SVK Development, LLC
Buyer's Agent
Dave Anderson
Edina Realty, Inc.
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%
Views
313
Current Estimated Value
$286,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,627
Avg. Annual Appreciation
4.96%
Original Mortgage
$244,200
Outstanding Balance
$239,876
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$46,751

Purchase Details

Closed on
Jun 7, 2018
Sold by
Gallaher Graham
Bought by
Cheung Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
Badola Sanjeev and Badola Krista
Bought by
Gallaher Graham

Purchase Details

Closed on
Mar 28, 2008
Sold by
Federal National Mortgage Association
Bought by
Badola Sanjeev and Badola Krista

Purchase Details

Closed on
Nov 14, 2003
Sold by
Turnstone Calhoun Llc
Bought by
Hammann Jerald A

Purchase Details

Closed on
Oct 1, 2003
Sold by
Turnstone Calhoun Llc
Bought by
Bell Barbara
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 Buyer Sale Price Title Company
Mccabe Eric N $265,000 Land Title
Cheung Ricky $265,000 Titlenexus Llc
Gallaher Graham $210,000 Edina Realty Title Inc
Badola Sanjeev $215,000 --
Hammann Jerald A $243,000 --
Bell Barbara $151,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccabe Eric N $244,200
Previous Owner Cheung Ricky $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $265,000 -5.4% $221 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
11/02/2023 11/02/23 Price Changed $280,000 -1.8% $233 / Sq Ft
10/23/2023 10/23/23 Price Changed $285,000 -1.7% $238 / Sq Ft
10/06/2023 10/06/23 Price Changed $290,000 -1.7% $242 / Sq Ft
09/14/2023 09/14/23 For Sale $295,000 0.0% $246 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $295,000 -- $246 / 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 $6,232 $299,000 $15,000 $284,000
2023 $5,949 $307,000 $15,000 $292,000
2022 $5,808 $292,000 $15,000 $277,000
2021 $5,316 $281,000 $15,000 $266,000
2020 $5,587 $255,500 $9,400 $246,100
2019 $5,535 $255,500 $9,400 $246,100
2018 $5,291 $245,500 $9,400 $236,100
2017 $4,984 $206,000 $9,400 $196,600
2016 $4,949 $198,500 $9,400 $189,100
2015 $5,103 $182,500 $9,400 $173,100
2014 -- $162,000 $9,400 $152,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6421677

NorthstarMLS

APN: 05-028-24-21-0316