NOT LISTED FOR SALE

4745 Minnehaha Ave Unit 202 Minneapolis, MN 55406

Hiawatha Neighborhood

Estimated Value: $341,000 - $680,186

2 Beds
2 Baths
1,296 Sq Ft
$536/mo HOA Fee

Last Sold January 09, 2023

Last sale price $690,353 $533 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,390/month

Highlights

  • New Construction
  • Elevator
  • 1 Car Attached Garage
  • 12,632 Sq Ft lot
  • Porch
  • 3-minute walk to Minnehaha Regional Park

About This Home

As of January 2023

Portico at the Falls – is a new construction 25 unit luxury condominium building located at the gateway to the legendary Minnehaha Falls and Regional Park area. Steps away from neighborhood shopping and boutiques, miles of trails and 7 minutes from the light rail system. Price points range from $310,500 to $975,000 and flats ranging from 669 fsf to 2,177 fsf featuring 11 different floor plans that range from 1 bedroom, 2 bedroom, 2 bedroom + Den and 3 bedroom flats. Portico flats feature hardwood floors, high quality kitchen cabinets, appliances, countertops, fixtures and tile work. Construction is estimated to start Spring 2021 and will be finished Spring 2022. Portico's B plan is a corner unit facing southeast and will have views into Minnehaha Park. Two of the B plan units will feature covered porches and the first floor unit will be a street level walk out. Price ranges for the B plan units are $535,000 – $600,000

Last Agent to Sell the Property

Steven Sohre

Keller Williams Realty Integrity Listed on: 01/06/2023

Keller Williams Realty Integrity

Last Buyer's Agent

Lori McCahey

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,758

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.29

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Shared Driveway
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Metal Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service

Additional Features

  • Porch
  • Zero Lot Line

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, parking, professional mgmt, trash, lawn care, snow removal, water
  • Associa Association, Phone Number (763) 225-6400
  • High-Rise Condominium
  • Portico At The Falls Community
  • Crosby Invest Co 1St Add Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,758

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$536 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Hallways 42"+
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 1296
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1296
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Porch, Walk In Closet

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: Hiawatha

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Shared Driveway, Floor Drain, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Trash, Lawn Care, Snow Removal, Water
  • Phone: 763-225-6400
  • Association Fee: 536
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Tile Floors
  • Community Name: Portico at the Falls

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 92x178
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood, Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jan 9, 2023
Sold by
Portico Development Llc
Bought by
Karin M Iig Trust
Seller's Agent
Steven Sohre
Keller Williams Realty Integrity
Buyer's Agent
Lori McCahey
Coldwell Banker Realty
List Price
$649,500
Sold Price
$690,353
Premium/Discount to List
$40,853
6.29%
Current Estimated Value
$581,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,306
Avg. Annual Appreciation
-5.97%
Source: Public Records

Range of Values:

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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
Karin M Iig Trust $690,352 Dca Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $690,353 +6.3% $533 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $649,500 -- $501 / 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 $9,758 $629,000 $20,000 $609,000
2023 $8,908 $650,000 $14,000 $636,000
2022 $760 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321268

NorthstarMLS

APN: 18-028-23-12-0105