NOT LISTED FOR SALE

45 University Ave SE Unit 806 Minneapolis, MN 55414

Nicollet Island Neighborhood

Estimated Value: $602,000 - $741,000

2 Beds
2 Baths
1,449 Sq Ft
$976/mo HOA Fee

Last Sold June 15, 2023

Last sale price $700,000 $483 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,313/month

Highlights

  • City View
  • Elevator
  • Central Air
  • 87,861 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to Holmes Park

About This Home

As of June 2023

Seldom available 2 bedroom, 2 bath condo at Cobalt Condominiums! Stunning views of downtown Mpls. and Chute Park from 8th floor of this luxury building located above Lunds/Byerlys. This elegantly appointed pied-a-terre has local architect/artisan Daryl Hanson's custom touches-an incredible fireplace wall and two display pieces which reflect the primary wall and are made of rare walnut and beech. Cork flooring throughout the living room and dining room is just one element which reflects the unusual finishes and design elements that have been integrated into incredible, imaginative living spaces. In the kitchen, honed stone countertops and a custom designed tile backsplash provide a warm and inviting place to enjoy cooking and entertaining...while the Bose sound system provides relaxing surround sound. You'll enjoy the balcony overlooking the city! This wonderful living space will provide you with unequalled access to the city combined with a dash of color, convenience, and security.

Last Agent to Sell the Property

Linda Coffey

Edina Realty, Inc. Listed on: 05/05/2023

Edina Realty, Inc.

Last Buyer's Agent

Michael Peterson

Drive Results Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,688

Year Built

  • Built in 2006

Lot Details

  • 2.02

HOA Fees

  • $976 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2302924130710

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Car Wash Area

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,688

Year Built

Built in 2006

Lot Details

0

HOA Fees

$976 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1449
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1449
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • Neighborhood: Nicollet Island - East Bank

Garage/Parking

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

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 976
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Kitchen Center Island,Main Floor Primary Bedroom,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924130710
  • Tax Annual Amount: 8688
  • TaxWithAssessments: 8688.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Birks Ann
Current Estimated Value
$688,173
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Birks Ann $594,223 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $700,000 0.0% $483 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $700,000 -- $483 / Sq Ft
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 $8,385 $552,000 $19,000 $533,000
2023 $7,823 $581,000 $19,000 $562,000
2022 $9,486 $631,000 $19,000 $612,000
2021 $9,146 $650,500 $19,000 $631,500
2020 $10,146 $650,500 $6,100 $644,400
2019 $9,978 $664,000 $6,100 $657,900
2018 $9,281 $638,500 $6,100 $632,400
2017 $9,507 $596,500 $6,100 $590,400
2016 $8,919 $550,000 $6,100 $543,900
2015 $8,592 $512,000 $6,100 $505,900
2014 -- $452,500 $6,100 $446,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6358891

NorthstarMLS

APN: 23-029-24-13-0710