Seller's Agent in 2025
Colin Simpson
Fazendin REALTORS
(612) 578-0885
1 in this area
52 Total Sales
Minnehaha Place 4824 E 53rd St Unit 411 Minneapolis, MN 55417
Minnehaha Neighborhood
2
Beds
2
Baths
1,040
Sq Ft
$558/mo
HOA Fee
Highlights
- 55,147 Sq Ft lot
- Living Room
- Accessible for Hearing-Impairment
- Deck
- No Interior Steps
- Lobby
About This Home
As of October 2025Welcome to Minnehaha Place! Built in 2005, this development features a great location, modern style, and beautiful common areas for owners. Unit 411 is a rare opportunity that faces south and looks through the deck, and over the trees towards Minnehaha Park. Set up as a true suite with the main living area, dining, and kitchen open in the center, and the primary bedroom with en-suite bath to the left, a large guest bedroom, and a family bath on the right. All kitchen appliances were upgraded recently, and the home has been professionally cleaned, painted, and re-carpeted! You'll love the convenience of the light rail right outside your door! Get downtown to the game or out to the airport or Mall of America in minutes! One of the few units in the complex that includes 2 parking spots in the secure, heated garage!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,610
Year Built
- Built in 2004
Lot Details
- Many Trees
- Additional Parcels
HOA Fees
- $558 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Insulated Garage
- Common or Shared Parking
- Garage Door Opener
- Secure Parking
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
- Living Room
- Combination Kitchen and Dining Room
- Utility Room Floor Drain
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Accessible for Hearing-Impairment
- No Interior Steps
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1702823330239
Community Details
Overview
- Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, shared amenities, snow removal
- Rowcal Association, Phone Number (651) 233-1037
- High-Rise Condominium
- Cic 1365 Minneahaha Place Condo Subdivision
Additional Features
- Lobby
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2025
Closed on
Oct 6, 2025
Sold by
Kostadinov Aleksander G and Kostadinov Katia I
Bought by
Gustafson Timothy
Seller's Agent
Colin Simpson
Fazendin REALTORS
Buyer's Agent
Grant Farnum
Pederson Realty Inc
List Price
$230,000
Sold Price
$223,000
Premium/Discount to List
-$7,000
-3.04%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.36%
Original Mortgage
$84,740
Outstanding Balance
$84,664
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$143,801
Purchase Details
Closed on
Oct 29, 2012
Sold by
Kessler Patricia and Carpenter Richard
Bought by
Kostadinov Aleksandar G and Kostadinova Katia I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
3.4%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $223,000 | Legacy Title | |
| Warranty Deed | $223,000 | Legacy Title | |
| Warranty Deed | $123,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,740 | New Conventional | |
| Closed | $84,740 | New Conventional | |
| Previous Owner | $98,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $223,000 | -3.0% | $214 / Sq Ft |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | For Sale | $230,000 | -- | $221 / 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 | $2,610 | $201,000 | $10,000 | $191,000 |
| 2023 | $2,440 | $201,000 | $4,000 | $197,000 |
| 2022 | $2,408 | $191,000 | $4,000 | $187,000 |
| 2021 | $2,331 | $191,000 | $4,000 | $187,000 |
| 2020 | $2,353 | $191,000 | $4,000 | $187,000 |
| 2019 | $2,315 | $180,000 | $4,000 | $176,000 |
| 2018 | $2,136 | $173,000 | $4,000 | $169,000 |
| 2017 | $1,844 | $140,500 | $4,000 | $136,500 |
| 2016 | $1,743 | $131,000 | $4,000 | $127,000 |
| 2015 | $1,713 | $124,500 | $4,000 | $120,500 |
| 2014 | -- | $106,500 | $4,000 | $102,500 |
Source: Public Records
Agents Affiliated with this Home
-
Colin Simpson
-
Grant Farnum
Buyer's Agent in 2025
Grant Farnum
Pederson Realty Inc
(612) 619-2666
1 in this area
35 Total Sales
About Minnehaha Place
Map
Source: NorthstarMLS
MLS Number: 6752463
APN: 17-028-23-33-0239
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