45 University Ave SE Unit 505 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $562,000 - $898,000
2
Beds
2
Baths
1,477
Sq Ft
$992/mo
HOA Fee
Highlights
- 87,861 Sq Ft lot
- 1-Story Property
- Heated Garage
- Living Room
- Forced Air Heating and Cooling System
- 4-minute walk to Holmes Park
About This Home
As of May 2023Located in the historic St. Anthony Main neighborhood, above Lund’s grocery, this 5th floor Cobalt Lofts corner 2BR, 2BA condo features amazing western and downtown views from floor to ceiling windows throughout. Additional features include amazing gourmet kitchen, hardwood flooring, 10 ft. ceilings, upgraded lighting, custom blinds, large recessed balcony, and nicely finished bathrooms.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,662
Year Built
- Built in 2006
Lot Details
- 2.02
HOA Fees
- $992 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Assigned Parking
Interior Spaces
- 1,477 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cobalt Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924130677
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2023
Closed on
May 26, 2023
Sold by
Steven D Mueller Trust
Bought by
Funk Susan Katheryne and Kidner Stephen Wood
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Morgan Clawson
Edina Realty, Inc.
List Price
$680,000
Sold Price
$680,000
Total Days on Market
0
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
-$10,281
Avg. Annual Appreciation
-0.74%
Purchase Details
Closed on
Jan 18, 2019
Sold by
Mueller Steven D and Mueller Cynthia B
Bought by
Bonomo Mueller Steven D and Bonomo Mueller Cynthia
Purchase Details
Closed on
Jul 17, 2015
Sold by
Ecker Jeffrey M and Williams Ecker Erica L
Bought by
Mueller Steven D and Mueller Cynthia B
Purchase Details
Closed on
Sep 12, 2013
Sold by
Zurn John
Bought by
Ecker Jeffrey M and Williams Ecker Erica L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2008
Sold by
Burton Timothy H
Bought by
Zurn John
Purchase Details
Closed on
Jan 5, 2006
Sold by
Cobalt Condominiums Llc
Bought by
Burton Timothy H
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 |
|---|---|---|---|
| Funk Susan Katheryne | $680,000 | None Listed On Document | |
| Bonomo Mueller Steven D | -- | None Available | |
| Mueller Steven D | $575,000 | Titlesmart Inc | |
| Ecker Jeffrey M | $515,000 | Titlenexus Llc | |
| Zurn John | $554,900 | -- | |
| Burton Timothy H | $591,779 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ecker Jeffrey M | $325,000 | |
| Previous Owner | Zurn Johnd | $360,000 | |
| Previous Owner | Zurn John | $379,000 | |
| Previous Owner | Zurn John D | $404,000 | |
| Previous Owner | Zurn John | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $680,000 | 0.0% | $460 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 03/28/2023 03/28/23 | For Sale | $680,000 | -- | $460 / 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 | $7,119 | $537,000 | $20,000 | $517,000 |
| 2022 | $8,662 | $584,000 | $20,000 | $564,000 |
| 2021 | $8,354 | $602,000 | $20,000 | $582,000 |
| 2020 | $9,271 | $602,000 | $6,500 | $595,500 |
| 2019 | $9,117 | $614,500 | $6,500 | $608,000 |
| 2018 | $8,474 | $591,000 | $6,500 | $584,500 |
| 2017 | $8,682 | $552,500 | $6,500 | $546,000 |
| 2016 | $8,136 | $509,500 | $6,500 | $503,000 |
| 2015 | $7,923 | $474,500 | $6,500 | $468,000 |
| 2014 | -- | $419,500 | $6,500 | $413,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Seebinger
Seller's Agent in 2023
Mike Seebinger
DRG
(612) 807-4958
17 in this area
284 Total Sales
-
Patrick Carson
P
Seller Co-Listing Agent in 2023
Patrick Carson
DRG
(612) 254-0149
12 in this area
167 Total Sales
-
Morgan Clawson
Buyer's Agent in 2023
Morgan Clawson
Edina Realty, Inc.
(612) 810-5793
2 in this area
77 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6335800
APN: 23-029-24-13-0677
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