$240,000
SOLD MAY 6, 2025

4750 E 53rd St Unit 206 Minneapolis, MN 55417

Minnehaha Neighborhood
2 Beds
1 Bath
1,036 Sq Ft
$465/mo HOA Fee

Recently Sold

$232 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • 27,269 Sq Ft lot
  • Parking Storage or Cabinetry
  • Forced Air Heating and Cooling System
  • Elevator
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of May 2025

Discover Olin Crossings and get close to it all! These units are seldom available in this building. Just steps to the blue line light rail for easy access north to downtown or south to the airport and Mall of America. Minnehaha Park, Lake Nokomis and bike trails and the VA Hospital are all nearby. This 2 BR unit has 9 foot ceilings; an electric fireplace; TV with surround sound; an open floorplan; covered balcony; walk-in closet in the primary bedroom; kitchen with maple cabinetry, newer stainless appliances, granite counters and a center island. Heated underground parking with extra storage in car stall. Newer furnace and A/C. Party and exercise rooms. The building is pet-friendly with some restrictions. A limited amount of rentals are permitted with restrictions. Make this your home today!

Last Agent to Sell the Property

Gary Hilgers

HomeSmart Sapphire Realty Listed on: 03/11/2025

HomeSmart Sapphire Realty

Last Buyer's Agent

Jaclyn Gavzy

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 2005

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1702823330398

Community Details

Overview

  • Association fees include hazard insurance, lawn care, ground maintenance, professional mgmt, security, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Olin Crossings Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,035

Year Built

Built in 2005

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), In-Ground Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1036
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Fireplace Features: Electric Log, Living Room
  • Living Area: 1036
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: Minnehaha
  • PatioPorchType: Covered,Deck

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Insulated Garage, Parking Garage, Storage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Security, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 465
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,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: 27268.56
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1702823330398
  • Tax Annual Amount: 3035
  • TaxWithAssessments: 3103.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 19, 2025
Sold by
Bodette Dan and Monday Elvise
Bought by
Peterson Neal
Seller's Agent
Gary Hilgers
HomeSmart Sapphire Realty
Buyer's Agent
Jaclyn Gavzy
Compass
List Price
$254,900
Sold Price
$240,000
Premium/Discount to List
-$14,900
-5.85%
Total Days on Market
52
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.75%

Purchase Details

Closed on
May 19, 2017
Sold by
Bennett Dax and Bennett Molly A
Bought by
Bodette Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Esquire Title
Warranty Deed $197,300 On Site Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $171,500 New Conventional
Previous Owner $157,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $240,000 -4.0% $232 / Sq Ft
03/27/2025 03/27/25 Price Changed $249,900 -2.0% $241 / Sq Ft
03/14/2025 03/14/25 For Sale $254,900 -- $246 / 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 $3,103 $233,000 $7,000 $226,000
2022 $3,229 $233,000 $5,200 $227,800
2021 $3,000 $233,000 $5,200 $227,800
2020 $3,249 $224,000 $5,200 $218,800
2019 $3,039 $224,000 $5,200 $218,800
2018 $2,589 $203,500 $5,200 $198,300
2017 $2,507 $181,000 $5,200 $175,800
2016 $2,588 $181,000 $5,200 $175,800
2015 $2,419 $164,500 $5,200 $159,300
2014 -- $148,500 $5,200 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6682431

NorthstarMLS

APN: 17-028-23-33-0398