NOT LISTED FOR SALE

Cloud 9 at Sky Flats 5601 Smetana Dr Unit 408 Minnetonka, MN 55343

Estimated Value: $314,000 - $352,000

2 Beds
2 Baths
1,461 Sq Ft
$895/mo HOA Fee

Last Sold April 25, 2024

Last sale price $350,000 $240 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,231/month

59 Days on Market

Highlights

  • Home Gym
  • Community Garden
  • Living Room
  • Hopkins Senior High School Rated A-
  • Elevator
  • 1-Story Property

About This Home

As of April 2024

This 2Bd/2ba Cloud 9 unit is truly turn key! Completely updated in the last month; kitchen w Quartz Counters, refinished white oak hardwoods & new high end appliance, Living room with new carpet and wall of south facing windows w new shades. The spacious primary suite w 5 piece bath, new glass shower surround & walk in closet plus private guest bedrm or office with adjacent bath. New light fixtures throughout as well as added ceiling lights in bedrms, living room & entry. Great storage w custom closet organizers – thoughtful design has maximized every space! 2 garage spaces, one in the main garage and the other in the fully enclosed executive garage! Great amenities; outdoor patios and grills, exercise room & onsite management – HOA fee includes everything but electric - pets allowed. This is a great place to call home!

Last Agent to Sell the Property

Brian Glendenning

Edina Realty, Inc. Listed on: 01/17/2024

Edina Realty, Inc.

Last Buyer's Agent

Debbie Nelson-Scheffler

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,405

Year Built

  • Built in 1986

Lot Details

  • 8

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 3611722140077

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1364 Cloud 9 Sky Flats Subdivision

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,405

Year Built

Built in 1986

Lot Details

0

HOA Fees

$895 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, No Stairs Internal, Other
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1461
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Refrigerator, Washer
  • Living Area: 1461
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Exercise Room

Beds/Baths

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

Garage/Parking

  • Parking Features: Assigned, Covered, Secured

Utilities

  • Heating: Heat Pump
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Water
  • Phone: 952-277-2700
  • Association Fee: 895
  • Association: Yes
  • Amenities Unit: Local Area Network,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone, Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3611722140077
  • Tax Annual Amount: 5405
  • TaxWithAssessments: 5405.0200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 25, 2024
Sold by
Baessler Cole and Towle Thomas
Bought by
Dedic Robert and Dedic Pamela
Seller's Agent
Brian Glendenning
Edina Realty, Inc.
Buyer's Agent
Debbie Nelson-Scheffler
Edina Realty, Inc.
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Total Days on Market
59
Views
95
Current Estimated Value
$333,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,574
Avg. Annual Appreciation
-4.17%
Original Mortgage
$109,000
Outstanding Balance
$107,936
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$225,490

Purchase Details

Listed on
May 31, 2023
Closed on
Oct 2, 2023
Sold by
Collins John
Bought by
Towle Thomas and Baessler Cole
Seller's Agent
Danny Truong
eXp Realty
Buyer's Agent
Brian Glendenning
Edina Realty, Inc.
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.35%
Original Mortgage
$288,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 20, 2023
Sold by
Collins Sandra K Tranmer and Collins Sandra K
Bought by
Collins John E
Seller's Agent
Danny Truong
eXp Realty
Buyer's Agent
Brian Glendenning
Edina Realty, Inc.
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
Breed Charles
Bought by
Collins John
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
Dedic Robert $350,000 --
Towle Thomas $320,000 --
Collins John E $500 Gcs Title
Collins John -- Midwest Preferred Title
Collins John John $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dedic Robert Charles $30,000
Open Dedic Robert $109,000
Previous Owner Towle Thomas $288,000
Previous Owner Collins John E $180,000
Previous Owner Collins John E $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $350,000 0.0% $240 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/11/2024 03/11/24 Off Market $350,000 -- --
02/19/2024 02/19/24 Price Changed $359,900 -1.4% $246 / Sq Ft
01/20/2024 01/20/24 For Sale $365,000 +14.1% $250 / Sq Ft
10/02/2023 10/02/23 Sold $320,000 -8.3% $219 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $349,000 -1.4% $239 / Sq Ft
07/13/2023 07/13/23 Price Changed $354,000 -1.4% $242 / Sq Ft
06/09/2023 06/09/23 For Sale $359,000 -- $246 / 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 $5,670 $335,900 $60,000 $275,900
2022 $5,322 $310,800 $60,000 $250,800
2021 $4,965 $282,600 $55,000 $227,600
2020 $5,002 $257,200 $55,000 $202,200
2019 $3,050 $246,500 $55,000 $191,500
2018 $3,045 $235,200 $55,000 $180,200
2017 $2,845 $208,600 $50,000 $158,600
2016 $2,530 $180,100 $50,000 $130,100
2015 $2,460 $171,000 $50,000 $121,000
2014 -- $162,900 $50,000 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6478349

NorthstarMLS

APN: 36-117-22-14-0077