NOT LISTED FOR SALE

4954 Xerxes Ave S Unit 203 Minneapolis, MN 55410

Fulton Neighborhood

Estimated Value: $277,000 - $472,000

2 Beds
1.5 Baths
1,176 Sq Ft
$384/mo HOA Fee

Last Sold August 22, 2023

Last sale price $275,000 $234 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,485/month

53 Days on Market

Highlights

  • Loft
  • Stainless Steel Appliances
  • Patio
  • Lake Harriet Upper School Rated A-
  • Breakfast Bar
  • Living Room

About This Home

As of August 2023

Welcome to your urban oasis in South Minneapolis! This newer 2-story condo is perfectly situated at the highly sought-after location of 50th & Xerxes, offering unparalleled convenience and access to the best of what the city has to offer. Step inside and be greeted by the inviting main floor, featuring an open plan design and beautiful wood flooring. The modern kitchen boasts granite countertops, creating an ideal space for preparing and enjoying meals. A convenient half bath and a balcony add to the main floor's appeal, perfect for relaxation and entertaining.Upstairs, you'll find a loft area, along with two bedrooms, a bathroom, and a laundry area. The bright interior spaces throughout the condo create an atmosphere of warmth and comfort. The building offers security, ensuring peace of mind, and the heated garage space provides convenience and protection for your vehicle.

Last Agent to Sell the Property

John Hageman

NorthPath Property Management Listed on: 06/08/2023

Last Buyer's Agent

James Rettinger

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 2004

Lot Details

  • 0.25

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Home Design

  • Rubber Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Loft

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, snow removal, water
  • Greater Midwest Realty Association, Phone Number (612) 824-6808
  • Low-Rise Condominium
  • Cic 1235 Fulton Lofts On Xerxes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702824240176

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,341

Year Built

Built in 2004

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1176
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1176
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Rubber
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Fulton
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal, Water
  • Phone: 612-824-6808
  • Association Fee: 384
  • Association: Yes
  • Amenities Unit: Intercom System,Kitchen Center Island,Patio,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: GREATER MIDWEST REALTY

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Condo
  • Lot Size Sq Ft: 10846.44
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1702824240176
  • Tax Annual Amount: 3341
  • TaxWithAssessments: 3341.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 15, 2023
Sold by
Janz Sara Solange
Bought by
Schach David T
Seller's Agent
John Hageman
NorthPath Property Management
Buyer's Agent
James Rettinger
Coldwell Banker Realty
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Total Days on Market
53
Views
90
Current Estimated Value
$344,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,138
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
May 19, 2005
Sold by
King Kirsten
Bought by
Janz Sara
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 Buyer Sale Price Title Company
Schach David T $275,000 Burnet Title
Janz Sara $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janz Sara $213,000
Previous Owner Janz Sara $226,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $275,000 -5.2% $234 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $290,000 -6.1% $247 / Sq Ft
06/25/2023 06/25/23 Price Changed $309,000 -4.9% $263 / Sq Ft
06/09/2023 06/09/23 For Sale $325,000 -- $276 / 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 $3,295 $264,000 $24,000 $240,000
2022 $3,341 $256,000 $24,000 $232,000
2021 $3,108 $253,000 $24,000 $229,000
2020 $3,484 $244,500 $8,600 $235,900
2019 $3,587 $252,000 $8,600 $243,400
2018 $3,339 $252,000 $8,600 $243,400
2017 $3,017 $211,000 $8,600 $202,400
2016 $2,985 $203,500 $8,600 $194,900
2015 $3,005 $196,500 $8,600 $187,900
2014 -- $196,500 $8,600 $187,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6328812

NorthstarMLS

APN: 17-028-24-24-0176