NOT LISTED FOR SALE

Estimated Value: $411,000 - $468,000

2 Beds
2 Baths
1,309 Sq Ft
$605/mo HOA Fee

Last Sold January 27, 2023

Last sale price $439,900 $336 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,374/month

61 Days on Market

Highlights

  • City View
  • Deck
  • Living Room
  • 87,512 Sq Ft lot
  • Elevator
  • Entrance Foyer

About This Home

As of January 2023

Incredible opportunity to own a beautifully updated & meticulously maintained unit at 5th Avenue Lofts in the heart of North Loop! This south facing unit enjoys an abundance of natural light, an open floor plan with 10' ceilings & balcony w/gas line BBQ grill! Impressive Kitchen has newly enameled cabinets, under counter lighting, subway tile backsplash, granite countertops, huge center island w/new pendant lighting and seating for 4, wine chiller, updated appliances w/ gas range! Spacious owner's suite features a beautiful ensuite bath with marble flooring & oversized custom shower, double sink vanity, large walk-in closet w/custom organizers! Dining area has room for large table + hutch and is complimented by a beautiful chandelier! Second bdrm/office has new carpet, newly added French doors! In-unit laundry room, refinished hdwd floors, storage unit + one of the best parking spaces in building! Shared amenities include rooftop deck, dog run, community & fitness centers!

Last Agent to Sell the Property

Deborah Marty

Edina Realty, Inc. Listed on: 10/20/2022

Edina Realty, Inc.

Last Buyer's Agent

Dareian Paine

Keller Williams Premier Realty

Keller Williams Premier Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 2005

Lot Details

  • 2.01

HOA Fees

  • $605 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,309 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Storage Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2202924130960

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
  • Gassen Association, Phone Number (952) 922-5575
  • High-Rise Condominium
  • Cic 1428 Security Warehouse/5T Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,028

Year Built

Built in 2005

Lot Details

0

HOA Fees

$605 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: Elevator(s), Other, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1309
  • 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, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1309
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Deck, Storage, Foyer
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-922-5575
  • Association Fee: 605
  • Association: Yes
  • Amenities Unit: Cable,City View,Deck,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Gassen

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 87512
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2202924130960
  • Tax Annual Amount: 5028
  • TaxWithAssessments: 5028.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 27, 2023
Sold by
Gilligan Michael P and Gilligan Meghan E
Bought by
Mars Lauren D
Seller's Agent
Deborah Marty
Edina Realty, Inc.
Buyer's Agent
Dareian Paine
Keller Williams Premier Realty
List Price
$450,000
Sold Price
$439,900
Premium/Discount to List
-$10,100
-2.24%
Views
30
Current Estimated Value
$432,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,949
Avg. Annual Appreciation
-0.59%
Original Mortgage
$395,910
Outstanding Balance
$383,353
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$49,598

Purchase Details

Closed on
Oct 17, 2019
Sold by
Gilligan Michael P and Gilligan Meghan E
Bought by
Gilligan Michael P and Gilligan Meghan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Askew Kenneth M
Bought by
Marty Meghan E and Gilligan Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Mars Lauren D $439,900 Edina Realty Title
Gilligan Michael P -- Esquire Title Services Llc
Marty Meghan E $425,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mars Lauren D $395,910
Previous Owner Gilligan Michael P $381,000
Previous Owner Marty Meghan E $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $439,900 0.0% $336 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/14/2022 12/14/22 Off Market $439,900 -- --
11/14/2022 11/14/22 Price Changed $439,900 -2.2% $336 / Sq Ft
10/20/2022 10/20/22 For Sale $450,000 -- $344 / 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 $5,571 $384,000 $55,000 $329,000
2023 $4,745 $366,000 $40,000 $326,000
2022 $5,028 $365,500 $37,000 $328,500
2021 $4,853 $365,500 $31,000 $334,500
2020 $5,626 $365,500 $30,900 $334,600
2019 $5,630 $389,000 $20,600 $368,400
2018 $5,268 $377,500 $20,600 $356,900
2017 $5,065 $333,000 $8,500 $324,500
2016 $4,796 $309,000 $8,500 $300,500
2015 $4,254 $265,500 $8,500 $257,000
2014 -- $242,000 $8,500 $233,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6272813

NorthstarMLS

APN: 22-029-24-13-0960