NOT LISTED FOR SALE

Estimated Value: $420,000 - $631,000

2 Beds
2 Baths
1,322 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $445,000 $337 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,703/month

18 Days on Market

Highlights

  • Building Security
  • Wood Flooring
  • Balcony
  • City View
  • Elevator
  • Subterranean Parking

About This Home

As of September 2020

Live in the heart of the North Loop at 5th Ave Lofts. 2/bed 2/bath south facing home has a wonderful gourmet kitchen, large island, open floor plan and private balcony, w/ views of Target Field. The amazing master suite features a custom walk through closet and huge en-suite bath. This unit includes 2 side-by-side parking spots in heated garage, large climate controlled storage area. Building amenities include; fitness center, community room, rooftop patio, and guest parking. Walking distance to the finest restaurants/bars/shops/light rail & Target Field. Don't miss this gem!

Last Listed By

Mark Hronski

LPT Realty, LLC Listed on: 07/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 2005

Lot Details

  • Zero Lot Line

HOA Fees

  • $612 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Heated Garage
  • On-Street Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • City Views
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2202924131029

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, lawn care, outside maintenance, professional mgmt, sanitation, shared amenities, snow removal, water/sewer
  • Gassen Association
  • Cic 1428 Security Warehouse/5T Subdivision
  • Rental Restrictions

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,951

Year Built

Built in 2005

Lot Details

0

HOA Fees

$612 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 2.00
  • Accessibility Features: Hallways 42+, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1322.00
  • Above Grade Finished Area Search: 1322.00
  • Above Grade Finished Sq Ft: 1322.00
  • Association Management: Gassen
  • Management Company Phone: 952-922-5575
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Condo Approved Financing: NONE
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 18/19
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable
  • List A O R Key Numeric: 18437
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1322.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1322.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924131029
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Rental Restrictions May Apply
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Community Room, Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room, Living/Dining Room
  • Bathroom Type: Bathroom Ensuite, Full Master, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Walk Thru
  • Living Area: 1322.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Heated Garage, On-Street Parking Only, Storage, Underground Garage

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Lawn Care, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 612.20

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Cable, Ceiling Fan(s), City View, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Natural Woodwork, Patio, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks), Zero Lot Line
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Concrete
  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1428 SECURITY WAREHOUSE/5TH AV UNIT NO 5-511
  • Tax Amount: 5950.72
  • Tax Year: 2020
  • Tax With Assessments: 5950.72
  • Assessor Parcel Number: 2202924131029

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

Listed on
Jul 23, 2020
Closed on
Sep 15, 2020
Sold by
Aplin Carol J and Aplin Richard L
Bought by
Stangret Patricia E and Stangret Scott A
Seller's Agent
Mark Hronski
LPT Realty, LLC
Buyer's Agent
Isaac Kuehn
DRG
List Price
$452,500
Sold Price
$445,000
Premium/Discount to List
-$7,500
-1.66%
Total Days on Market
18
Current Estimated Value
$477,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,240
Avg. Annual Appreciation
1.52%
Original Mortgage
$333,750
Outstanding Balance
$299,524
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$177,716

Purchase Details

Closed on
Apr 5, 2010
Sold by
Carlson Keith and Carlson Stacy
Bought by
Aplin Richard L and Aplin Carol J

Purchase Details

Closed on
Mar 15, 2007
Sold by
Security Warehouse Lofts Llc
Bought by
Carlson Keith and Carlson Stacy

Purchase Details

Closed on
Feb 17, 2006
Sold by
Security Warehouse Lofts Llc
Bought by
Baker Allen X and Su Emily Hui Wes

Range of Values:

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Average Value
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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
Stangret Patricia E $445,000 Titlenexus Llc
Aplin Richard L $335,000 --
Carlson Keith $347,900 --
Baker Allen X $279,126 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stangret Patricia E $333,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $445,000 -1.7% $337 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $452,500 -- $342 / 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 $5,182 $397,000 $41,000 $356,000
2022 $5,495 $396,500 $38,000 $358,500
2021 $5,304 $396,500 $32,000 $364,500
2020 $5,951 $396,500 $31,600 $364,900
2019 $5,950 $409,000 $21,100 $387,900
2018 $5,597 $397,000 $21,100 $375,900
2017 $5,413 $350,000 $7,800 $342,200
2016 $5,169 $325,000 $7,800 $317,200
2015 $4,659 $279,000 $7,800 $271,200
2014 -- $254,500 $7,800 $246,700
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5628984

NorthstarMLS

APN: 22-029-24-13-1029