NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,989,000

3 Beds
2.5 Baths
2,925 Sq Ft
$1,907/mo HOA Fee

Last Sold November 10, 2022

Last sale price $1,850,000 $632 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,985/month

Highlights

  • City View
  • Deck
  • Home Office
  • 67,213 Sq Ft lot
  • Main Floor Primary Bedroom
  • 1-minute walk to Mill Ruins Park

About This Home

As of November 2022

Very rare opportunity to own a penthouse property in the Mill District! The occasion to own a penthouse at Stone Arch Lofts only presents itself about once a decade, and now is the time! Corner location on the top floor with sweeping skyline views and private rooftop deck offer an extraordinary living experience along the Mississippi Riverfront. Occupying half the south facing facade, this home features large living spaces with open kitchen and gas fireplace, along with three bedrooms and large pantry. Second level provides convenient kitchenette and lounge or office area with access to very large private rooftop deck with wonderful container gardening opportunities to create your own green roof. Enjoy entertaining Al fresco while taking in dramatic skyline views from your oasis in the sky! Stone Arch Lofts is a boutique building with excellent staff, amenities and guest parking. Walking distance to Guthrie Theatre, Mill City Farmers Market, Trader Joe’s, light rail and riverfront.

Last Agent to Sell the Property

Cynthia Froid

Keller Williams Realty Integrity Lakes Listed on: 09/13/2022

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Barry Berg

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,754

Year Built

  • Built in 2000

Lot Details

  • Additional Parcels

HOA Fees

  • $1,907 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 2,925 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2302924340217

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 0935 Stone Arch Washburn L Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,754

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,907 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Other, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2925
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2925
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Office, Walk In Closet, Pantry (Walk-In), Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Downtown East

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 1907
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Other,Panoramic View,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 67213.08
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels Description: 2302924340228,2302924340229
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302924340217
  • Tax Annual Amount: 33754
  • TaxWithAssessments: 34538.7600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 9, 2022
Sold by
Fontaine R Richard R and Fontaine Eileen R
Bought by
Tmg Ventures Llc
Seller's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
Buyer's Agent
Barry Berg
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%
Current Estimated Value
$1,789,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,288
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Lasalle Construction Co
Bought by
Fontaine Fontaine R and Fontaine Eileen R

Purchase Details

Closed on
Oct 31, 2002
Sold by
Walburn Roberta A
Bought by
Kraus-Anderson Construction Company

Purchase Details

Closed on
May 17, 2001
Sold by
Brighton Development Corp
Bought by
Walburn Roberta B
Source: Public Records

Range of Values:

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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
Tmg Ventures Llc $1,850,000 Minnesota Title
Fontaine Fontaine R $1,200,000 --
Kraus-Anderson Construction Company $1,290,000 --
Walburn Roberta B $948,998 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $1,850,000 -7.5% $632 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $2,000,000 -- $684 / 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 $31,078 $1,794,000 $300,000 $1,494,000
2023 $27,269 $1,794,000 $300,000 $1,494,000
2022 $33,838 $1,975,000 $277,000 $1,698,000
2021 $34,357 $2,079,000 $242,000 $1,837,000
2020 $37,180 $2,188,500 $221,400 $1,967,100
2019 $36,314 $2,188,500 $110,700 $2,077,800
2018 $34,156 $2,084,500 $110,700 $1,973,800
2017 $30,172 $1,694,000 $110,700 $1,583,300
2016 $26,390 $1,453,500 $110,700 $1,342,800
2015 $22,318 $1,188,500 $110,700 $1,077,800
2014 -- $1,065,500 $110,700 $954,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253098

NorthstarMLS

APN: 23-029-24-34-0217