NOT LISTED FOR SALE

Estimated Value: $217,000 - $257,000

1 Bed
1 Bath
695 Sq Ft
$429/mo HOA Fee

Last Sold October 20, 2023

Last sale price $197,500 $284 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,985/month

38 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Patio
  • River Front
  • Elevator
  • 1-Story Property

About This Home

As of October 2023

Sun-filled, panoramic skyline views at Riverwest! Best value in the building. Enjoy in-unit laundry, private balcony to take in the views, excellent closet space, underground parking, and a storage unit down the hall. Full amenity condominium (with some of the lowest dues in the city) including: 24 hour security, party rooms, outdoor pool, rooftop patio with lounging areas, fireplace and grills, a well equipped fitness center, sauna, hot tub, car wash and tons of guest parking. Pet friendly with private dog park. Ideal location just steps away from the Stone Arch Bridge/ Mississippi River, Mill City Farmers Market, and The Guthrie.

Last Listed By

Aleksa Montpetit

DRG Listed on: 09/07/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1989

Lot Details

  • 1.63

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 695 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio

Additional Features

  • River Front
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924310253

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 227-2700
  • High-Rise Condominium
  • Riverwest Condominiums Subdivision
  • Car Wash Area

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,816

Year Built

Built in 1989

Lot Details

0

HOA Fees

$429 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 695
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Living Area: 695
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat, Tar/Gravel
  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • Neighborhood: Downtown West
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-227-2700
  • Association Fee: 429
  • Association: Yes
  • Amenities Unit: Balcony,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: COMMON
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924310253
  • Tax Annual Amount: 2816
  • TaxWithAssessments: 2815.6000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 20, 2023
Sold by
Radermacher Christopher and Radermacher Tanya
Bought by
Riverwest 921 Llc A Minnesota Limited
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$215,000
Sold Price
$197,500
Premium/Discount to List
-$17,500
-8.14%
Total Days on Market
38
Views
24
Current Estimated Value
$234,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,174
Avg. Annual Appreciation
11.31%

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 17, 2023
Sold by
Radermacher Christopher N and Radermacher Tanya
Bought by
Riverwest 921 Llc
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$215,000
Sold Price
$197,500
Premium/Discount to List
-$17,500
-8.14%
Views
24

Purchase Details

Closed on
Apr 28, 2005
Sold by
Turnstone River West Llc
Bought by
Not Provided

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
Riverwest 921 Llc A Minnesota Limited $197,500 --
Riverwest 921 Llc $197,500 Titlenexus
Not Provided $178,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $197,500 -8.1% $284 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $215,000 -- $309 / 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 $2,911 $223,000 $16,000 $207,000
2022 $3,243 $214,000 $15,000 $199,000
2021 $3,130 $234,000 $13,300 $220,700
2020 $3,392 $234,000 $13,300 $220,700
2019 $3,359 $234,000 $7,000 $227,000
2018 $3,162 $225,000 $7,000 $218,000
2017 $3,107 $192,500 $7,000 $185,500
2016 $2,894 $182,000 $7,000 $175,000
2015 $2,830 $169,500 $7,000 $162,500
2014 -- $148,500 $7,000 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6426903

NorthstarMLS

APN: 23-029-24-31-0253