Seller's Agent in 2024
Scott Parkin
Verve Realty
(612) 310-8247
21 in this area
82 Total Sales
45 University Ave SE Unit 501 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $452,000 - $496,000
2
Beds
2
Baths
1,200
Sq Ft
$824/mo
HOA Fee
Highlights
- 1 Car Attached Garage
- No Interior Steps
- Central Air
- Living Room
- 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
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
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
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
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
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
-$14,536
Avg. Annual Appreciation
-1.98%
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
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 | $480,000 | -- | |
| Slama Anne | $480,000 | Executive Title | |
| Nordgarrd Bradley | $400,000 | Dca Title | |
| Kanodia Malika | $349,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 2024 | $5,674 | $390,000 | $16,000 | $374,000 |
| 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
-
Kent Meister
K
Buyer's Agent in 2024
Kent Meister
Keller Williams Classic Realty
(612) 840-1657
3 in this area
120 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6507859
APN: 23-029-24-13-0673
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