NOT LISTED FOR SALE

Estimated Value: $162,000 - $180,262

2 Beds
1.5 Baths
778 Sq Ft
$615/mo HOA Fee

Last Sold August 09, 2023

Last sale price $175,000 $225 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,690/month

4 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • 1-Story Property
  • Folwell Elementary School Rated A-
  • Living Room
  • Central Air

About This Home

As of August 2023

Discover the epitome of downtown living in with this exceptional remodeled condo. Located in the heart of the city, this prime residence offers an enviable lifestyle within walking distance of the renowned Mayo Clinic and St. Marys Hospital.Experience the convenience of a vibrant urban setting, where coffee shops, parks, bars, and restaurants are just steps away. Situated a mere two blocks from the Opus Building, this condo provides easy access to the entire downtown Mayo Clinic campus via the walking subway. Be underground and out of the elements in less than a 2 minute walk. If you don't want to walk, the underground heated garage keeps your car safe and dry all year long.One of the standout features of this property is the inclusive HOA fees, which cover gas, heat, water, sewer, trash, exterior building maintenance and insurance. Say goodbye to multiple bills and enjoy the simplicity of having your living expenses taken care of.Schedule your tour today!

Last Agent to Sell the Property

Colin Patterson

Dwell Realty Group LLC Listed on: 06/29/2023

Last Buyer's Agent

Angela Nguyen

Keller Williams Realty Integrity

Keller Williams Realty Integrity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1964

Lot Details

  • 871

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Flat Roof Shape
  • Metal Roof

Interior Spaces

  • 778 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Schools

  • Folwell Elementary School
  • John Adams Middle School
  • Mayo High School

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Jakobson Management Association, Phone Number (507) 536-0000
  • Low-Rise Condominium
  • Knob Hill Apts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640221009242

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,406

Year Built

Built in 1964

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 778
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 778
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat, Metal
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 507-536-0000
  • Association Fee: 615
  • Association: Yes

Association/Amenities

  • HOA Management Co: Jakobson Management

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 25x32x24x38
  • Lot Size Sq Ft: 914.76
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 640221009242
  • Tax Annual Amount: 1406
  • TaxWithAssessments: 1406.0000

MLS Schools

  • Elementary School: Folwell
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 9, 2023
Sold by
Daquioag Troy and Daquioag Charissa
Bought by
Alemayehu Tsigereda
Seller's Agent
Colin Patterson
Dwell Realty Group LLC
Buyer's Agent
Angela Nguyen
Keller Williams Realty Integrity
List Price
$175,000
Sold Price
$175,000
Views
44
Current Estimated Value
$171,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,184
Avg. Annual Appreciation
0.88%
Original Mortgage
$140,000
Outstanding Balance
$129,947
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
$47,957

Purchase Details

Closed on
Dec 9, 2019
Sold by
Bucknell Lilo M and The Lilo M Bucknell Trust
Bought by
Daquioag Troy and Valdez Charissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Wright Mary T and Estate Of Mary C Griffin
Bought by
Bucknell Lilo M and Lilo M Bucknell Trust
Source: Public Records

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Range of Values:

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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
Alemayehu Tsigereda $175,000 Great North Title
Daquioag Troy $150,000 None Available
Bucknell Lilo M $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alemayehu Tsigereda $140,000
Previous Owner Daquioag Troy $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $175,000 0.0% $225 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $175,000 -- $225 / 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 $1,466 $137,700 $35,000 $102,700
2022 $1,322 $132,600 $35,000 $97,600
2021 $1,008 $118,900 $35,000 $83,900
2020 $1,348 $97,400 $25,000 $72,400
2019 $1,210 $93,900 $25,000 $68,900
2018 $1,154 $84,700 $20,000 $64,700
2017 $1,128 $82,100 $20,000 $62,100
2016 $1,124 $77,300 $15,200 $62,100
2015 $1,070 $75,400 $15,200 $60,200
2014 $1,052 $76,200 $15,200 $61,000
2012 -- $76,400 $15,200 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6392101

NorthstarMLS

APN: 64.02.21.009242