NOT LISTED FOR SALE

Estimated Value: $427,000 - $478,000

2 Beds
2 Baths
1,347 Sq Ft
$327/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $468,000 $347 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,874/month

13 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heated Garage

About This Home

As of February 2018

Seller is licensed realtor in MN

Last Listed By

Kevin Mullen

Lakes Sotheby's International Listed on: 01/31/2018

Lakes Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 2005

Lot Details

  • 2.01

Parking

  • 1 Car Garage
  • Heated Garage

Home Design

  • 1,347 Sq Ft Home
  • Property Attached
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Community Details

  • Association fees include building exterior, cable TV, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security system, shared amenities, snow/lawn care, water/sewer
  • 5Th Ave. Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2202924131014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,207

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Wheelchair Ramp
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1347.00
  • Above Grade Finished Area Search: 1347.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6457
  • Listing Organization: Iowa
  • Living Area Finished: 1347.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924131014
  • Rental License: No
  • Restrictions Type: Pets - Cats Allowed, Pets - Dogs Allowed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: No

Beds/Baths

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

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground Garage

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Hazard Insurance, Heating, Outside Maintenance, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Under Construc/Spec Homes
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Security Warehouse/ 5th Ave. Lofts Unit #417
  • Tax Year: 2018
  • Assessor Parcel Number: 2202924131014

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Gustafson Jill and Gustafson Daniel
Bought by
Gustafson William
Total Days on Market
13
Current Estimated Value
$440,128

Purchase Details

Closed on
Sep 1, 2018
Sold by
Gustafson Jill D and Gustafson Daniel E
Bought by
Gustafson William M

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 13, 2018
Sold by
Mullen Kevin and Mullen Shana
Bought by
Gustafson Jill D
Seller's Agent
Kevin Mullen
Lakes Sotheby's International
Sold Price
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.84%

Purchase Details

Closed on
Sep 10, 2015
Sold by
Johnson Alan
Bought by
Mosaic Properties Llc

Purchase Details

Closed on
Sep 26, 2013
Sold by
Johnson Alan
Bought by
Security Warehouse/5Th Avenue Lofts Asso

Purchase Details

Closed on
May 16, 2012
Sold by
Alan Johnson
Bought by
Security Warehouse

Purchase Details

Closed on
Jun 30, 2006
Sold by
Security Warehouse Lofts Llc
Bought by
Johnson Alan

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
Gustafson William $470,000 --
Gustafson William M -- None Available
Gustafson Jill D $468,000 Titlenexus Llc
Mosaic Properties Llc $7,257 Attorney
Security Warehouse/5Th Avenue Lofts Asso $7,468 None Available
Security Warehouse $13,296 --
Security Warehouse 5Th Avenue Lofts Asso $13,295 None Available
Johnson Alan $337,232 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gustafson William M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $468,000 0.0% $347 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/31/2018 01/31/18 Off Market $468,000 -- --
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 $5,207 $400,000 $41,000 $359,000
2022 $5,537 $399,500 $38,000 $361,500
2021 $5,344 $399,500 $32,000 $367,500
2020 $5,972 $399,500 $31,600 $367,900
2019 $5,972 $412,000 $21,100 $390,900
2018 $5,638 $400,000 $21,100 $378,900
2017 $5,452 $352,500 $7,800 $344,700
2016 $5,208 $327,500 $7,800 $319,700
2015 $4,692 $281,000 $7,800 $273,200
2014 -- $256,500 $7,800 $248,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4904044

NorthstarMLS

APN: 22-029-24-13-1014