NOT LISTED FOR SALE

Lofts of Stillwater 501 Main St N Unit 311 Stillwater, MN 55082

Downtown Stillwater Neighborhood

Estimated Value: $603,575 - $624,000

2 Beds
2 Baths
1,508 Sq Ft
$525/mo HOA Fee

Last Sold March 27, 2024

Last sale price $525,000 $348 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,294/month

153 Days on Market

Highlights

  • River View
  • 30,666 Sq Ft lot
  • Covered Patio or Porch
  • Stillwater Middle School Rated A-
  • Den
  • Community Garden

About This Home

As of March 2024

Lofts of Stillwater . . . . Stillwater's finest condo building. Great courtyard side condo with hardwood floors, stainless steel appliances and access to the 5th floor rooftop deck - panoramic views of the river valley. Great value to live at 501 Main St N.

Last Agent to Sell the Property

Michael Russ

Leader Real Estate Group, Inc. Brokerage Phone: 612-325-1325 Listed on: 10/10/2023

Last Buyer's Agent

Patricia Tarnowski

Keller Williams Realty Integrity

Keller Williams Realty Integrity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 2006

Lot Details

  • 0.7

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1,508 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room Floor Drain

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Shared Waterfront
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2803020140131

Community Details

Overview

  • Association fees include maintenance structure, heating, lawn care, ground maintenance, professional mgmt, shared amenities, snow removal, water
  • Gassen Association, Phone Number (952) 922-5575
  • High-Rise Condominium
  • Cic 255 Subdivision

Additional Features

  • Community Garden
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,293

Year Built

Built in 2006

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Deck, Fire Sprinkler System, In-Ground Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1508
  • Water Body Name: St. Croix River-Stlwtr/Prescott
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-325-1325
  • Attribution Contact: 612-325-1325
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1508
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den

Beds/Baths

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

Exterior Features

  • View: East, Panoramic, River
  • ConstructionMaterialsDesc: Brick,Frame,Stone
  • PatioPorchType: Covered
  • Lake Acres: 8393
  • LakeChain: N

Garage/Parking

  • Parking Features: Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Tandem
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Shared Amenities, Snow Removal, Water
  • Phone: 952-922-5575
  • Association Fee: 525
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Indoor Sprinklers

Association/Amenities

  • HOA Management Co: Gassen

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictNumber: 834
  • SchoolDistrictPhone: 651-351-8301

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 30666.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2803020140131
  • Tax Annual Amount: 5293
  • TaxWithAssessments: 5296.0000

Multi Family

  • WaterfrontFeatures: River View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 25, 2024
Sold by
Decker Bonnie L and Decker Stephen R
Bought by
Mandler Catherine
Seller's Agent
Michael Russ
Leader Real Estate Group, Inc.
Buyer's Agent
Patricia Tarnowski
Keller Williams Realty Integrity
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%
Views
227
Current Estimated Value
$610,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,394
Avg. Annual Appreciation
10.80%
Original Mortgage
$125,000
Outstanding Balance
$123,210
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$487,184
Source: Public Records

Range of Values:

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Average Value
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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
Mandler Catherine $525,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandler Catherine $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $525,000 -4.4% $348 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $549,000 -2.8% $364 / Sq Ft
10/10/2023 10/10/23 For Sale $565,000 -- $375 / 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 $6,534 $549,600 $335,000 $214,600
2023 $6,534 $567,800 $303,100 $264,700
2022 $5,490 $496,700 $262,700 $234,000
2021 $5,240 $460,100 $253,000 $207,100
2020 $5,184 $453,100 $253,000 $200,100
2019 $4,596 $442,500 $227,500 $215,000
2018 $4,298 $371,200 $172,500 $198,700
2017 $3,874 $346,700 $150,000 $196,700
2016 $3,446 $298,400 $125,000 $173,400
2015 $3,052 $237,500 $60,000 $177,500
2013 -- $235,100 $43,000 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446173

NorthstarMLS

APN: 28-030-20-14-0131