$315,000 - $345,958
RENTED JAN 11, 2025

45 University Ave SE Unit 415 Minneapolis, MN 55414

Nicollet Island Neighborhood
1 Bed
1 Bath
866 Sq Ft
2.02 Acres

Highlights

  • Deck
  • Corner Lot
  • Home Gym
  • Main Floor Primary Bedroom
  • No HOA
  • 4-minute walk to Holmes Park

About This Home

As of January 2025

Rarely available 1 bedroom condo at Cobalt. This sophisticated and stylish luxury condo is conveniently located above Lunds & Byerlys grocery in the heart of Northeast Minneapolis. This fourth floor unit offers a spacious 866 sf floor plan that has been freshly painted and features beautiful flooring throughout, floor-to-ceiling windows, spacious walk-in closet with custom organizers, kitchen with center island and gas range, spacious bathroom, and a covered balcony. Brand new dishwasher and microwave. Gorgeous building with a boutique vibe and attractive interiors. On-site amenities include a fitness center, community room, secured heated parking, and storage unit. Great walkability and proximity to the riverfront and scenic trails, Saint Anthony Main, restaurants & bars, neighborhood services, cultural amenities, University of Minnesota, North Loop, Mill District and more.

Last Agent to Rent the Property

Andy Asbury

eXp Realty Listed on: 11/14/2024

eXp Realty

Co-Listed By

Eric Solberg

eXp Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 2006

Lot Details

  • Irregular Lot
  • Zero Lot Line

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Metal Siding

Interior Spaces

  • 866 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 1/15/25
  • Assessor Parcel Number 2302924130671

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Cic 1470 Cobalt Condos Subdivision

Additional Features

  • Lobby
  • Security
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,239

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-01-15
  • Lease Price: 2200.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2200.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 866
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 866
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Deck
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Nicollet Island - East Bank
  • PatioPorchType: Covered

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Underground

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Irregular Lot, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Other

Tax Info

  • Assessor Parcel Number: 2302924130671

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2019
Sold by
Fernaine Thierry and Fernaine Laura M
Bought by
Myra Llc
Current Estimated Value
$332,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2016
Sold by
Mclouth Meghann
Bought by
Fernaine Thierry and Anderson Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Weber Christopher and Weber Lisa F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Myra Llc $310,000 Stewart Title Guaranty Co
Fernaine Thierry $272,000 Titlesmart Inc
Weber Christopher $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Myra Llc $248,000
Previous Owner Fernaine Thierry $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2025 01/11/25 Rented $2,200 0.0% --
11/27/2024 11/27/24 Price Changed $2,200 -8.1% $3 / Sq Ft
11/14/2024 11/14/24 For Rent $2,395 -- --
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
2024 $4,239 $285,000 $11,000 $274,000
2023 $3,746 $287,000 $11,000 $276,000
2022 $3,978 $287,000 $11,000 $276,000
2021 $3,704 $287,000 $11,000 $276,000
2020 $4,132 $287,000 $4,700 $282,300
2019 $4,069 $293,000 $4,700 $288,300
2018 $3,792 $281,500 $4,700 $276,800
2017 $4,279 $286,500 $4,700 $281,800
2016 $4,199 $264,000 $4,700 $259,300
2015 $4,099 $245,500 $4,700 $240,800
2014 -- $217,000 $4,700 $212,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6614244

NorthstarMLS

APN: 23-029-24-13-0671