Seller's Agent in 2025
Mitra Rahimi
Verve Realty
(612) 718-1239
12 in this area
78 Total Sales
45 University Ave SE Unit 314 Minneapolis, MN 55414
Nicollet Island Neighborhood
1
Bed
1
Bath
866
Sq Ft
$634/mo
HOA Fee
Highlights
- Deck
- Elevator
- 1-Story Property
- Main Floor Primary Bedroom
- 1 Car Attached Garage
- 4-minute walk to Holmes Park
About This Home
As of August 2025Live where the action is—right above Lunds & Byerlys in the heart of Northeast Minneapolis’ iconic Old Town Business District. This fresh, east-facing 1-bedroom condo is filled with morning sunrises and natural light that lasts all day, thanks to floor-to-ceiling windows and a smart, open layout that maximizes every inch of space.
The kitchen features stainless appliances, new pendant lights, sleek cabinet hardware, and a generous island with excellent storage and prep space. Step out onto your private balcony for a breath of fresh air, neighborhood charm, and partial downtown views. The bedroom includes a custom-organized walk-in closet, plus there’s an additional private storage locker.
Enjoy heated underground parking, pet-friendly living, and the peace of mind that comes with a professionally managed, well-funded association—with over $1M in reserves and no history of special assessments.
From the riverfront to trendy restaurants, classic Minneapolis bars, cafes, galleries, and parks, everything you love about Northeast is just outside your door—with the North Loop just a scenic stroll across the river. Whether you're a first-time buyer, downsizer, or weekday/weekend city-dweller, this is urban living done right.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,195
Year Built
- Built in 2006
HOA Fees
- $634 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Rubber Roof
Interior Spaces
- 866 Sq Ft Home
- 1-Story Property
- Pendant Lighting
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
Additional Features
- Deck
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2302924130655
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
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cobalt Condominiums Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2020
Sold by
Blank Jeffrey Daniel
Bought by
Morgensen Matthew Phillip
Purchase Details
Closed on
Jun 19, 2012
Sold by
Malhotra Virren
Bought by
Filipski Chris and Filipski Karen
Purchase Details
Closed on
Jan 5, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Malhotra Virren
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Trademark Title Services Inc | |
| Warranty Deed | $264,900 | Burnet Title | |
| Warranty Deed | $243,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $325,000 | -1.5% | $375 / Sq Ft |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 07/20/2025 07/20/25 | For Sale | $330,000 | -- | $381 / 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 | $3,824 | $293,000 | $11,000 | $282,000 |
| 2022 | $4,539 | $318,000 | $11,000 | $307,000 |
| 2021 | $4,313 | $327,500 | $11,000 | $316,500 |
| 2020 | $4,672 | $327,500 | $4,700 | $322,800 |
| 2019 | $4,607 | $327,500 | $4,700 | $322,800 |
| 2018 | $4,302 | $315,000 | $4,700 | $310,300 |
| 2017 | $4,221 | $283,000 | $4,700 | $278,300 |
| 2016 | $3,983 | $261,000 | $4,700 | $256,300 |
| 2015 | $3,859 | $243,000 | $4,700 | $238,300 |
| 2014 | -- | $215,000 | $4,700 | $210,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mitra Rahimi
-
Scott Parkin
Seller Co-Listing Agent in 2025
Scott Parkin
Verve Realty
(612) 310-8247
22 in this area
84 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6756340
APN: 23-029-24-13-0655
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