NOT LISTED FOR SALE

Estimated Value: $288,012 - $302,000

2 Beds
1 Bath
896 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $265,000 $296 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,341/month

223 Days on Market

Highlights

  • Building Security
  • Balcony
  • Home Security System
  • Elevator
  • Patio
  • Parking Storage or Cabinetry

About This Home

As of March 2021

Great Investment Opportunity! No limit to rentals in River Station. Existing rental license already in place. OR... Come home from work or study to relax in your light-filled open layout with a private balcony and treetop views of the courtyard. One level living at River Station with 2 bedrooms and 1 full bath. Assigned parking for 1 car with storage and locking bike rack. Full suite of stainless-steel appliances in the kitchen. Fully transferrable HSA Home Warranty protects this unit through June 2021. Live your best life in the North Loop. In-unit laundry. Steps from a convenient grocery on the corner across 2nd St N. Easy walk to the Mississippi River Parkway with biking, walking and running paths, a wide variety of shops, tons of Coffee shops, restaurants and bars with patios and takeout options, the Twins Stadium, light rail, Whole Foods. Guest parking right outside the front door on the private drive. Welcome to the River Station Life in the North Loop!

Last Listed By

Matthew Spector

Edina Realty, Inc. Listed on: 07/29/2020

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $418 Monthly HOA Fees

Parking

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

Home Design

  • Property Attached
  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924130201

Community Details

Overview

  • Association fees include building exterior, cable TV, controlled access, hazard insurance, internet, outside maintenance, parking space, sanitation, security system, shared amenities, snow/lawn care, water/sewer
  • Firstservice Residential Minnesota, Inc. Association
  • Cic 0847 River Station Condo Subdivision
  • Rental Restrictions

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 2001

Lot Details

0

HOA Fees

$418 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Doors 36+, Elevator
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2001
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 896.00
  • Above Grade Finished Area Search: 896.00
  • Above Grade Finished Sq Ft: 896.00
  • Assessment Pending Y N: No
  • Association Management: FirstService Residential Minnesota, Inc.
  • Management Company Phone: 612-338-7100
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 53
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable, DSL
  • List A O R Key Numeric: 5053
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 896.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 896.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924130201
  • Rental License: Yes
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Rental Restrictions May Apply
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Breakfast Bar, Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 896.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Flat

Garage/Parking

  • Parking Features: Assigned, Driveway - Concrete, Garage Door Opener, Heated Garage, Other, Storage, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Controlled Access, Hazard Insurance, Internet, Outside Maintenance, Parking Space, Sanitation, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 418.28

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Ceiling Fan(s), In-Ground Sprinkler, Main Floor Master Bedroom, Security System, Tile Floors

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Brick, Frame
  • New Development: No

Rental Info

  • Rental License: Standard

Tax Info

  • TaxLegalDescription: CIC NO 0847 RIVER STATION CONDO UNIT NO 371
  • Tax Amount: 3452.00
  • Tax Year: 2020
  • Tax With Assessments: 3452.00
  • Assessor Parcel Number: 2202924130201

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Mar 11, 2021
Sold by
Horta Erika S and Cossens William R
Bought by
Menard Nicole
Seller's Agent
Matthew Spector
Edina Realty, Inc.
Buyer's Agent
Breana Berry
Coldwell Banker Realty
List Price
$278,500
Sold Price
$265,000
Premium/Discount to List
-$13,500
-4.85%
Total Days on Market
223
Current Estimated Value
$297,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,503
Avg. Annual Appreciation
2.85%
Original Mortgage
$212,000
Outstanding Balance
$192,278
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$105,225

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 5, 2014
Sold by
Martin Robert P and Martin Jennifer E
Bought by
Horta Erika S
Seller's Agent
Marissa Skaja
P.S. Real Estate, LLC
List Price
$204,900
Sold Price
$203,000
Premium/Discount to List
-$1,900
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$162,400
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2003
Sold by
Pearson Peter D
Bought by
Martin Robert P

Purchase Details

Closed on
Dec 14, 2001
Sold by
Heritage Renovations Llc
Bought by
Pearson Peter D and Pearson Mary Ann

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
Menard Nicole $265,000 Edina Realty Title Inc
Horta Erika S $203,000 Trademark Title Services Inc
Martin Robert P $212,500 --
Pearson Peter D $184,017 --
Menard Nicole Nicole $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menard Nicole $212,000
Previous Owner Horta Erika S $162,400
Closed Menard Nicole Nicole $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $265,000 -4.8% $296 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
07/29/2020 07/29/20 For Sale $278,500 0.0% $311 / Sq Ft
07/07/2018 07/07/18 Rented $1,800 -5.3% --
06/07/2018 06/07/18 Off Market $1,900 -- --
05/31/2018 05/31/18 For Rent $1,900 0.0% --
06/05/2014 06/05/14 Sold $203,000 -0.9% $227 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $204,900 -- $229 / 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 $3,287 $264,000 $80,000 $184,000
2022 $3,370 $256,000 $73,000 $183,000
2021 $3,184 $256,000 $64,000 $192,000
2020 $3,452 $251,000 $44,800 $206,200
2019 $3,294 $251,000 $22,400 $228,600
2018 $3,058 $234,500 $22,400 $212,100
2017 $2,922 $206,000 $22,400 $183,600
2016 $2,771 $191,500 $22,400 $169,100
2015 $2,847 $170,500 $22,400 $148,100
2014 -- $147,000 $22,400 $124,600
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5614254

NorthstarMLS

APN: 22-029-24-13-0201