45 University Ave SE Unit 212 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $387,000 - $429,084
1
Bed
1
Bath
1,195
Sq Ft
$702/mo
HOA Fee
Highlights
- Den
- Living Room
- Heated Garage
- Elevator
- Forced Air Heating and Cooling System
- 4-minute walk to Holmes Park
About This Home
As of February 2023Live in Minneapolis’ most convenient building above Lunds & Byerlys Grocery in one of the cities most popular neighborhoods - NE Minneapolis’ Old Town Business District. This stunning corner unit features a huge private walk-out terrace, floor-to-ceiling windows, 2nd bedroom can also be used as an office/den, heated underground parking, and separate storage. It is conveniently located on the same floor as the exercise room and conference room - both right down the hall. Dues include everything but electric (avg. $50/mo). Enjoy everything in this European-style walking neighborhood surrounded by parks, the riverfront, shops, restaurants, and historic charm. The Association is financially sound with $1.7 million in reserves and never a special assessment. It is also exceptionally managed by an experienced on-site caretaker and site manager.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,873
Year Built
- Built in 2006
Lot Details
- 2.02
HOA Fees
- $702 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
Home Design
- Flat Roof Shape
Interior Spaces
- 1,195 Sq Ft Home
- 2-Story Property
- Living Room
- Den
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924130639
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
- Firstservice Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cobalt Condominiums Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2022
Closed on
Feb 16, 2023
Sold by
Fiore Anne Kim Dao and Fiore Luke
Bought by
Trainer Todd and Samson Mila
Seller's Agent
Scott Parkin
Verve Realty
Buyer's Agent
Mitra Rahimi
Verve Realty
List Price
$400,000
Sold Price
$387,000
Premium/Discount to List
-$13,000
-3.25%
Total Days on Market
0
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,021
Avg. Annual Appreciation
2.20%
Purchase Details
Closed on
Sep 9, 2013
Sold by
Nguyen Thu Tram T and Sava Shaun
Bought by
Dao Anne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2006
Sold by
Cobalt Condominiums Llc
Bought by
Nguyen Thu Tram T
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trainer Todd | $387,000 | Executive Title | |
| Dao Anne K | $337,500 | Titlenexus Llc | |
| Nguyen Thu Tram T | $367,023 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dao Anne K | $182,000 | |
| Previous Owner | Dao Anne K | $237,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2023 02/20/23 | Sold | $387,000 | -3.3% | $324 / Sq Ft |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 12/02/2022 12/02/22 | For Sale | $400,000 | -- | $335 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,221 | $400,000 | $16,000 | $384,000 |
| 2022 | $5,558 | $401,000 | $16,000 | $385,000 |
| 2021 | $5,364 | $401,000 | $16,000 | $385,000 |
| 2020 | $5,812 | $401,000 | $6,500 | $394,500 |
| 2019 | $5,742 | $401,000 | $6,500 | $394,500 |
| 2018 | $5,372 | $385,500 | $6,500 | $379,000 |
| 2017 | $5,167 | $340,000 | $6,500 | $333,500 |
| 2016 | $5,328 | $339,500 | $6,500 | $333,000 |
| 2015 | $5,172 | $316,000 | $6,500 | $309,500 |
| 2014 | -- | $279,500 | $6,500 | $273,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Parkin
Seller's Agent in 2023
Scott Parkin
Verve Realty
(612) 310-8247
24 in this area
93 Total Sales
-
Mitra Rahimi
Buyer's Agent in 2023
Mitra Rahimi
Verve Realty
(612) 718-1239
11 in this area
76 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6313978
APN: 23-029-24-13-0639
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