NOT LISTED FOR SALE

45 University Ave SE Unit 905 Minneapolis, MN 55414

Nicollet Island Neighborhood

Estimated Value: $594,000 - $755,000

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

Last Sold June 30, 2023

Last sale price $675,000 $466 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,209/month

24 Days on Market

Highlights

  • City View
  • Elevator
  • Patio
  • 87,861 Sq Ft lot
  • Stainless Steel Appliances
  • 4-minute walk to Holmes Park

About This Home

As of June 2023

Stunning views from this 9th floor, 2 bed, 2 bath, 2 parking, 1449sf Cobalt condominium located in the heart of Northeast, a growing, walkable, living and dining destination. The 10-story modern design sets itself apart from others with great conveniences literally at your doorstep - first floor neighbors are Lunds & Byerlys, Caribou Coffee, Drycleaners, Bachman’s Flowers, plus Chuck & Don’s pet supply. This impressive floor plan features 9'-3" ceilings, large balcony, and a wall of floor-to-ceiling commercial-grade windows in every room all upgraded with 3M UV film, and mecho shades. Timeless design features include dark stained wood floor, white cabinetry, Stainless kitchen counters, upgraded SS appliances, white & black themed bathrooms (primary with glass shower). Large bedroom closets with Cal Closet organizers. Expansive storage. In-unit laundry room with LG W/D. A financially sound HOA, with comprehensive monthly dues and onsite Caretaker. Pet-friendly!

Last Listed By

Chad Larsen

Coldwell Banker Realty Brokerage Phone: 612-968-6030 Listed on: 04/27/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,543

Year Built

  • Built in 2006

Lot Details

  • 2.02

HOA Fees

  • $976 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2302924130716

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1470 Cobalt Condos Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,543

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, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, 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?: Yes
  • InternetOptions: Fiber Optic
  • Attribution Contact: 612-968-6030
  • Attribution Contact: 612-968-6030
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1449
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Patio, Laundry
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Nicollet Island - East Bank
  • PatioPorchType: Covered,Patio

Garage/Parking

  • Parking Features: Assigned, Guest Parking, Secured, Underground

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Water
  • Phone: 952-277-2700
  • Association Fee: 976
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Tile Floors,Washer/Dryer Hookup,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: Common
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924130716
  • Tax Annual Amount: 8543
  • TaxWithAssessments: 8543.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Aug 9, 2023
Sold by
Dicke Steve and Dicke Sheila
Bought by
Steven E Dicke Trust and Dicke
Seller's Agent
Chad Larsen
Coldwell Banker Realty
Buyer's Agent
Dustin Skrove
Minneapolis Residential
List Price
$682,000
Sold Price
$675,000
Premium/Discount to List
-$7,000
-1.03%
Total Days on Market
24
Views
32
Current Estimated Value
$641,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,223
Avg. Annual Appreciation
-2.61%

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 21, 2023
Sold by
Judith A Stapleton Amended A and Judith Restated
Bought by
Dicke Steve and Dicke Sheila
Seller's Agent
Chad Larsen
Coldwell Banker Realty
Buyer's Agent
Dustin Skrove
Minneapolis Residential
List Price
$682,000
Sold Price
$675,000
Premium/Discount to List
-$7,000
-1.03%
Views
32

Purchase Details

Closed on
Mar 26, 2014
Sold by
Stapleton Kirk E and Stapleton Judith A
Bought by
Stapleton Judith A and Judith A Stapleton Amended & Restated Re

Purchase Details

Closed on
Feb 13, 2007
Sold by
Cobalt Condominiums Llc
Bought by
Stapleton Kirk E and Stapleton Judith A

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
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Steven E Dicke Trust $500 None Listed On Document
Dicke Steve $675,000 All American Title
Stapleton Judith A -- None Available
Stapleton Kirk E $612,097 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stapleton Kirk E $162,600
Previous Owner Stapleton Kirk E $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $675,000 -1.0% $466 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $682,000 -- $471 / 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
2023 $7,678 $572,000 $19,000 $553,000
2022 $9,334 $622,000 $19,000 $603,000
2021 $9,000 $641,500 $19,000 $622,500
2020 $9,748 $641,500 $6,100 $635,400
2019 $9,589 $641,500 $6,100 $635,400
2018 $8,914 $617,000 $6,100 $610,900
2017 $9,132 $576,500 $6,100 $570,400
2016 $8,561 $531,500 $6,100 $525,400
2015 $8,265 $495,000 $6,100 $488,900
2014 -- $437,500 $6,100 $431,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6356975

NorthstarMLS

APN: 23-029-24-13-0716