NOT LISTED FOR SALE

Estimated Value: $860,000 - $908,038

2 Beds
2.5 Baths
1,408 Sq Ft
$1,388/mo HOA Fee

Last Sold July 13, 2022

Last sale price $895,000 $636 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,223/month

Highlights

  • Party Room
  • 1-Story Property
  • High-Rise Condominium
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Unique opportunity to own an income producing condo unlike any others in the Twin Cities! Located on the top floor, the penthouse corner unit is located in the Minneapolis reinvigorated North Loop neighborhood. Sable offers a dynamic lifestyle designed to let you embrace today’s sharing economy. Twin Cites first owner occupied condominium building that allows short-term rentals! Unit features Quartz countertops with oversized kitchen island, outdoor veranda with firepit, 10.5 ft concrete ceilings with exposed ductwork, polished concrete floors, Smart Home Technology, and underground heated parking. Building amenities include first floor lobby with wet bar and custom shuffleboard and a private rooftop deck with TV, fire pits and BBQ stations. Located just steps away from all the best the activities the North Loop has to offer including Target Field, light rail, breweries, coffee shops, bars, restaurants, the newly opened Barry’s Bootcamp and more!

Last Agent to Sell the Property

Isaac Kuehn

DRG Listed on: 03/31/2022

Co-Listed By

Patrick Carson

DRG

Last Buyer's Agent

Matthew Spector

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,655

Year Built

  • Built in 2019

Lot Details

  • 1.53

HOA Fees

  • $1,388 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240783

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, trash, shared amenities, lawn care, water
  • Gassen Management Association, Phone Number (952) 922-5575
  • High-Rise Condominium
  • Sable Subdivision

Amenities

  • Party Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,655

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,388 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1408
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1408
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room

Beds/Baths

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

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Other, Maintenance Grounds, Trash, Shared Amenities, Lawn Care, Water
  • Phone: 952-922-5575
  • Association Fee: 1388
  • Association: Yes

Association/Amenities

  • HOA Management Co: Gassen Management

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2202924240783
  • Tax Annual Amount: 11655
  • TaxWithAssessments: 11669.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 6, 2022
Sold by
Nathan E Lucius Revocable Trust
Bought by
Infante Mauricio
Seller's Agent
Isaac Kuehn
DRG
Buyer's Agent
Matthew Spector
Edina Realty, Inc.
List Price
$894,900
Sold Price
$895,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$884,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,981
Avg. Annual Appreciation
-0.42%
Original Mortgage
$537,000
Outstanding Balance
$514,763
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$369,256
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
Infante Mauricio $895,000 Titlenexus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infante Mauricio $537,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $895,000 0.0% $636 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $894,900 -- $636 / 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 $10,926 $683,000 $27,000 $656,000
2022 $12,106 $683,000 $24,000 $659,000
2021 $11,669 $804,100 $22,600 $781,500
2020 $12,106 $804,100 $23,700 $780,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6167103

NorthstarMLS

APN: 22-029-24-24-0783