Seller's Agent in 2023
Mitra Rahimi
Verve Realty
(612) 718-1239
12 in this area
78 Total Sales
45 University Ave SE Unit 601 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $446,000 - $459,000
2
Beds
2
Baths
1,199
Sq Ft
$659/mo
HOA Fee
Highlights
- Home Gym
- Living Room
- 1-Story Property
- Subterranean Parking
- No Interior Steps
- 4-minute walk to Holmes Park
About This Home
As of August 2023Sold before listing. This home has been fully remodeled with high-end designer finishes including oak flooring, fresh paint on every surface, custom kitchen renovation including stainless steel appliances, and backsplash. With updated electric outlets and new wool carpeting, this contemporary condo has it all. Enjoy morning coffee on the patio or gazing out at the views from the floor-to-ceiling windows! Located directly above Lunds & Byerly's grocery in the historic Old Town business district with shops, restaurants, and the riverfront right outside your door. Experience this wonderful community and all of the amazing amenities it has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,197
Year Built
- Built in 2006
Lot Details
- 2.02
HOA Fees
- $659 Monthly HOA Fees
Parking
- Subterranean Parking
- Heated Garage
Interior Spaces
- 1,199 Sq Ft Home
- 1-Story Property
- Living Room
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Bathroom
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
- First Service Residential Association, Phone Number (612) 331-3848
- High-Rise Condominium
- Cobalt Condos Subdivision
- Car Wash Area
Listing and Financial Details
- Assessor Parcel Number 2302924130687
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2023
Closed on
Jul 28, 2023
Sold by
Eising Scott W and Eising Kristin E
Bought by
Muhar John and Muhar Janice
Seller's Agent
Mitra Rahimi
Verve Realty
Buyer's Agent
Scott Parkin
Verve Realty
List Price
$465,000
Sold Price
$465,000
Views
8
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
-$11,110
Avg. Annual Appreciation
-1.08%
Purchase Details
Closed on
Dec 1, 2020
Sold by
Zhu Xiaozhou and Yi Xiao
Bought by
Eising Scott W and Eising Kristin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2012
Sold by
Dickinson Tyler and Dickinson Dean D
Bought by
Zhu Xiaozhou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Dickinson Tyler and Dickinson Dean D
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 |
|---|---|---|---|
| Muhar John | $465,000 | Executive Title | |
| Eising Scott W | $385,000 | Watermark Title Agency | |
| Zhu Xiaozhou | $357,500 | Titlesmart Inc | |
| Dickinson Tyler | $345,000 | -- | |
| Eising Scott Scott | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eising Scott W | $346,500 | |
| Previous Owner | Zhu Xiaozhou | $286,000 | |
| Closed | Eising Scott Scott | $346,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $465,000 | 0.0% | $388 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | 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 | $5,830 | $392,000 | $16,000 | $376,000 |
| 2023 | $5,156 | $395,000 | $16,000 | $379,000 |
| 2022 | $5,474 | $395,000 | $16,000 | $379,000 |
| 2021 | $5,283 | $395,000 | $16,000 | $379,000 |
| 2020 | $5,725 | $395,000 | $8,100 | $386,900 |
| 2019 | $5,673 | $395,000 | $8,100 | $386,900 |
| 2018 | $6,280 | $380,000 | $8,100 | $371,900 |
| 2017 | $6,282 | $408,000 | $8,100 | $399,900 |
| 2016 | $5,988 | $376,500 | $8,100 | $368,400 |
| 2015 | $5,792 | $350,500 | $8,100 | $342,400 |
| 2014 | -- | $299,500 | $8,100 | $291,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mitra Rahimi
-
Scott Parkin
Buyer's Agent in 2023
Scott Parkin
Verve Realty
(612) 310-8247
21 in this area
82 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6405467
APN: 23-029-24-13-0687
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