NOT LISTED FOR SALE

Estimated Value: $121,000 - $141,000

1 Bed
1 Bath
619 Sq Ft
$306/mo HOA Fee

Last Sold July 15, 2024

Last sale price $137,500 $222 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,159/month

19 Days on Market

Highlights

  • Stainless Steel Appliances
  • Living Room
  • Hot Water Heating System
  • Patio
  • 1-Story Property

About This Home

As of July 2024

Welcome to urban living at its finest in this thoughtfully renovated 1 bedroom, 1 bathroom condo located in the heart of Minneapolis. Recently updated with new Andersen windows, fresh paint, and space-saving shelving, this home is a modern and practical living space. The kitchen features granite countertops and stainless steel appliances, while the gray engineered wood floors provide a sleek touch throughout. Natural light drenches the living room featuring a charming shiplap wall and built-in bench window seating add character and coziness. With covered off-street parking, free laundry, quick access to highways, convenience is paramount. Residents also have access to a rooftop lounge with panoramic city views. Enjoy the convenience of walking to nearby amenities such as the Wedge Co-op, Walker Art Museum, and Sculpture Garden. Low HOA dues cover most amenities, making this an ideal urban retreat. Don't miss out – schedule your showing today!

Last Agent to Sell the Property

Tanner Hagen

eXp Realty Listed on: 05/03/2024

eXp Realty

Co-Listed By

Jonathan Canaday

Keller Williams Integrity NW

Last Buyer's Agent

Betsy Rewald

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1961

Lot Details

  • 10,019

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 619 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Patio
  • Hot Water Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Common Property Management Association, Phone Number (612) 767-2110
  • Low-Rise Condominium
  • Condo 0161 504 Franklin West Con Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2702924330110

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,658

Year Built

Built in 1961

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Fee Frequency: Monthly
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 619
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 619
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

  • Parking Features: Covered

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-767-2110
  • Association Fee: 306
  • Association: Yes

Association/Amenities

  • HOA Management Co: Common Property Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 10193.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924330110
  • Tax Annual Amount: 1658
  • TaxWithAssessments: 1658.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 10, 2024
Sold by
Zachritz Anna C and Zachritz Donald R
Bought by
Mezera Ryan
Seller's Agent
Tanner Hagen
eXp Realty
Buyer's Agent
Betsy Rewald
Coldwell Banker Realty
List Price
$137,500
Sold Price
$137,500
Views
12
Current Estimated Value
$129,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,971
Avg. Annual Appreciation
-4.73%
Original Mortgage
$123,750
Outstanding Balance
$122,814
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$7,864

Purchase Details

Closed on
Sep 15, 2020
Sold by
Zachritz Donald R and Zachritz Janet M
Bought by
Zachritz Donald R and Zachritz Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2020
Sold by
Anderson Ryan S
Bought by
Zachritz Donald R and Zachritz Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2018
Sold by
Eaton Susan and Eaton James
Bought by
Anderson Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,725
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Fannie Mae
Bought by
Eaton James and Eaton Susan

Purchase Details

Closed on
Feb 2, 2015
Sold by
Pankulich Oleg
Bought by
Larvinete Construction Llc

Purchase Details

Closed on
Jan 29, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 24, 2014
Sold by
Pankulich Oleg
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 2, 2011
Sold by
Oleg Pankulich
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 14, 2006
Sold by
Petschauer Barbara
Bought by
Pankulich Oleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,440
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 1999
Sold by
Knight Douglas G
Bought by
Petschauer Richard J
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
Mezera Ryan $137,500 Watermark Title
Zachritz Donald R -- All American Title Company
Zachritz Donald R $136,000 Burnet Title
Anderson Ryan S $115,500 Titlesmart Inc
Eaton James -- First Fincl Title Agency Inc
Larvinete Construction Llc -- None Available
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $132,189 None Available
Aurora Loan Services Llc $100,972 --
Pankulich Oleg $111,800 --
Petschauer Richard J $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezera Ryan $123,750
Previous Owner Zachritz Donald R $102,000
Previous Owner Anderson Ryan S $109,725
Previous Owner Pankulich Oleg $89,440
Previous Owner Pankulich Oleg $16,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $137,500 0.0% $222 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $137,500 -- $222 / 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 $1,658 $127,000 $11,000 $116,000
2022 $1,843 $133,000 $9,000 $124,000
2021 $1,632 $133,000 $8,000 $125,000
2020 $1,652 $122,000 $5,500 $116,500
2019 $1,523 $114,000 $5,500 $108,500
2018 $1,532 $102,000 $5,500 $96,500
2017 $1,440 $93,500 $5,500 $88,000
2016 $1,177 $74,000 $5,500 $68,500
2015 $1,236 $74,000 $5,500 $68,500
2014 -- $72,500 $5,500 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527451

NorthstarMLS

APN: 27-029-24-33-0110