45 University Ave SE Unit 501 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $409,000 - $462,558
2
Beds
2
Baths
1,200
Sq Ft
$824/mo
HOA Fee
Highlights
- Elevator
- Living Room
- Central Air
- 1 Car Attached Garage
- 1-Story Property
- 4-minute walk to Holmes Park
About This Home
As of April 2024This beautifully updated & ultra-convenient condo is connected to Lunds & Caribou Coffee via private condo lobby access. Updated w/freshly painted woodwork and new KitchenAid appliances, it features floor-to-ceiling windows, balcony, full-size laundry, heated parking, & storage. Its smart floor plan features separate bedrooms, large ensuite primary, & an efficient layout — allowing approachable pricing while still feeling spacious. HOA is financially sound w/$2 million reserves & never a special assessment. Dues include everything but electric (avg $60/mo.) On-site caretaker & manager are experienced, friendly, & extremely attentive. 5 guest stalls. This popular European-style walking neighborhood in NE Minneapolis' Old Town Business District is nestled amongst parks, the Riverfront, shops, restaurants, & historic charm. Escape the hustle & bustle on the downtown side of the river & enjoy the same great award-winning cuisine & urban amenities in this more intimate setting.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,660
Year Built
- Built in 2006
Lot Details
- Additional Parcels
HOA Fees
- $824 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2302924130673
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, 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
Closed on
Oct 24, 2024
Sold by
Slama Anne
Bought by
Slama Anne and Johnson Elizabeth Slama
Total Days on Market
19
Current Estimated Value
Purchase Details
Listed on
Mar 22, 2024
Closed on
Apr 11, 2024
Sold by
Nordgaard Bradley and Nordgaard Karla
Bought by
Slama Anne
Seller's Agent
Scott Parkin
Verve Realty
Buyer's Agent
Kent Meister
Keller Williams Classic Realty
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.99%
Purchase Details
Listed on
Mar 22, 2024
Closed on
Apr 9, 2024
Sold by
Nordgaard Bradley and Nordgaard Karla
Bought by
Slama Anne
Seller's Agent
Scott Parkin
Verve Realty
Buyer's Agent
Kent Meister
Keller Williams Classic Realty
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Views
33
Purchase Details
Closed on
May 11, 2018
Sold by
Kanodia Malika
Bought by
Nordgarrd Bradley and Nordgarrd Karla
Purchase Details
Closed on
May 24, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Kanodia Malika and Kanodia Vikash
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Slama Anne | -- | None Listed On Document | |
| Slama Anne | $480,000 | -- | |
| Slama Anne | $480,000 | Executive Title | |
| Nordgarrd Bradley | $400,000 | Dca Title | |
| Kanodia Malika | $349,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kanodia Malika | $200,000 | |
| Previous Owner | Kanodia Malika | $227,500 | |
| Previous Owner | Kanodia Malika | $279,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2024 04/11/24 | Sold | $480,000 | +3.2% | $400 / Sq Ft |
| 03/22/2024 03/22/24 | For Sale | $465,000 | -- | $388 / 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 | $5,365 | $411,000 | $16,000 | $395,000 |
| 2022 | $6,382 | $447,000 | $16,000 | $431,000 |
| 2021 | $6,160 | $460,500 | $16,000 | $444,500 |
| 2020 | $6,675 | $460,500 | $8,100 | $452,400 |
| 2019 | $6,614 | $460,500 | $8,100 | $452,400 |
| 2018 | $6,220 | $443,000 | $8,100 | $434,900 |
| 2017 | $6,221 | $404,000 | $8,100 | $395,900 |
| 2016 | $5,915 | $372,500 | $8,100 | $364,400 |
| 2015 | $5,743 | $346,500 | $8,100 | $338,400 |
| 2014 | -- | $296,500 | $8,100 | $288,400 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Parkin
Seller's Agent in 2024
Scott Parkin
Verve Realty
(612) 310-8247
24 in this area
93 Total Sales
-
Kent Meister
K
Buyer's Agent in 2024
Kent Meister
Keller Williams Classic Realty
(612) 840-1657
3 in this area
122 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6507859
APN: 23-029-24-13-0673
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 201 2nd St NE
- 110 Bank St SE Unit L504
- 100 2nd St SE Unit 604
- 110 1st Ave NE Unit F701
- 20 2nd St NE Unit P1102
- 20 2nd St NE Unit P1008
- 20 2nd St NE Unit P702
- 20 2nd St NE Unit P708
- 20 2nd St NE Unit P2404
- 20 2nd St NE Unit P1209
- 20 2nd St NE Unit P2302
- 100 2nd St NE Unit A270
- 127 5th St NE Unit G08
- 127 5th St NE Unit 107
- 150 2nd St NE Unit B409
- 101 Main St NE Unit 2
- 230 3rd Ave NE
- 200 2nd St NE
- 223 2nd St NE
- 403 5th St SE
- 45 University Ave SE Unit 804
- 45 University Ave SE Unit 1003
- 45 University Ave SE Unit 1002
- 45 University Ave SE Unit 1001
- 45 University Ave SE Unit 908
- 45 University Ave SE Unit 906
- 45 University Ave SE Unit 905
- 45 University Ave SE Unit 904
- 45 University Ave SE Unit 903
- 45 University Ave SE Unit 901
- 45 University Ave SE Unit 808
- 45 University Ave SE Unit 807
- 45 University Ave SE Unit 806
- 45 University Ave SE Unit 805
- 45 University Ave SE Unit 803
- 45 University Ave SE Unit 801
- 45 University Ave SE Unit 709
- 45 University Ave SE Unit 708
- 45 University Ave SE Unit 707
- 45 University Ave SE Unit 706