Portland Tower 740 Portland Ave Unit 1006 Minneapolis, MN 55415
Elliot Park Neighborhood
2
Beds
2
Baths
1,176
Sq Ft
$760/mo
HOA Fee
Highlights
- City View
- Stainless Steel Appliances
- Patio
- Elevator
- 1 Car Attached Garage
- Living Room
About This Home
As of November 2024Charming 2 bedroom condo on the 10th floor in Portland Towers can't be missed. The open floor plan flows smoothly from kitchen to breakfast nook to living room. The balcony is ideal for grilling and enjoying dinner, or enjoying a morning coffee while the city wakes up. Kitchen features stainless steel appliances, built in wine fridge, center island, tile backsplash, and abundant storage, including drawers cleverly built under the bench in the breakfast bar. Owner's suite includes plush carpeting, walk in closet, and luxurious bathroom with dual vanities and walk-in shower. 2nd bedroom is ideal for a media room or home office. Parking stall with EV charge is included. Portland Towers hosts many fine amenities, including a party room, exercise room, pet spa, secured bike storage, and shared deck ideal for entertaining. The prime location is nestled between historic Elliot Park and the bustling business core. Walkable access to restaurants, events, and green spaces.
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 04/25/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,951
Year Built
- Built in 2016
HOA Fees
- $760 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,176 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924230810
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 2028 Portland Tower Condo Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Nov 20, 2024
Sold by
Krauss William and Krauss Joan
Bought by
Lorentzen-Norling Joeleric
Seller's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
Buyer's Agent
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
List Price
$409,900
Sold Price
$375,000
Premium/Discount to List
-$34,900
-8.51%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,316
Avg. Annual Appreciation
2.18%
Original Mortgage
$211,802
Outstanding Balance
$210,597
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$170,272
Purchase Details
Closed on
May 9, 2023
Sold by
Krauss William E and Krauss Joan M
Bought by
Krauss William E and Krauss Joan M
Purchase Details
Closed on
Jan 20, 2017
Sold by
Portland Tower Llc
Bought by
Krauss William E and Krauss Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,706
Interest Rate
4.13%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | -- | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $463,382 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $211,802 | New Conventional | |
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $370,706 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $375,000 | -3.8% | $319 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $389,900 | -2.5% | $332 / Sq Ft |
| 06/06/2024 06/06/24 | Price Changed | $399,900 | -2.4% | $340 / Sq Ft |
| 04/25/2024 04/25/24 | For Sale | $409,900 | -- | $349 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,673 | $358,000 | $14,000 | $344,000 |
| 2022 | $5,405 | $368,000 | $11,000 | $357,000 |
| 2021 | $6,247 | $390,000 | $9,000 | $381,000 |
| 2020 | $6,671 | $467,000 | $8,900 | $458,100 |
| 2019 | $6,576 | $453,500 | $7,400 | $446,100 |
| 2018 | $3,681 | $440,500 | $7,400 | $433,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Cynthia Froid
Keller Williams Realty Integrity Lakes
(612) 578-1303
4 in this area
167 Total Sales
-
Seller Co-Listing Agent in 2024
Ryan Pertile
Keller Williams Realty Integrity Lakes
(612) 805-0059
2 in this area
111 Total Sales
-
Buyer's Agent in 2024
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
(612) 720-2564
4 in this area
115 Total Sales
About Portland Tower
Map
Source: NorthstarMLS
MLS Number: 6520967
APN: 26-029-24-23-0810
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