Portland Tower 740 Portland Ave Unit 1413 Minneapolis, MN 55415
Elliot Park NeighborhoodEstimated Value: $536,000 - $619,000
2
Beds
2
Baths
1,561
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Balcony
- Patio
- Elevator
- Woodwork
- Zero Lot Line
About This Home
As of February 2019This home is located at 740 Portland Ave Unit 1413, Minneapolis, MN 55415 since 20 December 2018 and is currently estimated at $574,100, approximately $367 per square foot. This property was built in 2018. 740 Portland Ave Unit 1413 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,697
Year Built
- Built in 2018
Lot Details
- Few Trees
- Zero Lot Line
HOA Fees
- $616 Monthly HOA Fees
Parking
- 1 Car Garage
- Varies By Unit
- Garage Door Opener
- Assigned Parking
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,561 Sq Ft Home
- 1-Story Property
- Woodwork
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2602924230847
Community Details
Overview
- Association fees include building exterior, hazard insurance, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
- First Service Residential Association
- Portland Tower Community
- Portland Tower Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2018
Closed on
Feb 19, 2019
Sold by
Portland Tower Llc
Bought by
Kara Prakash
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
List Price
$740,787
Sold Price
$740,000
Premium/Discount to List
-$787
-0.11%
Total Days on Market
1
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
-$165,900
Avg. Annual Appreciation
-3.70%
Original Mortgage
$740,000
Outstanding Balance
$665,074
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$79,829
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kara Prakash | $740,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kara Prakash | $740,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2019 02/19/19 | Sold | $740,000 | -0.1% | $474 / Sq Ft |
| 12/21/2018 12/21/18 | Pending | -- | -- | -- |
| 12/20/2018 12/20/18 | For Sale | $740,787 | -- | $475 / 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 | $7,759 | $577,000 | $18,000 | $559,000 |
| 2022 | $8,798 | $579,000 | $14,000 | $565,000 |
| 2021 | $9,457 | $610,000 | $12,000 | $598,000 |
| 2020 | $10,002 | $669,500 | $11,800 | $657,700 |
| 2019 | $7,002 | $650,000 | $10,700 | $639,300 |
| 2018 | $6,708 | $469,000 | $9,700 | $459,300 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen J. Ratzlaff-LaBeau
Seller's Agent in 2019
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
13 in this area
87 Total Sales
About Portland Tower
Map
Source: NorthstarMLS
MLS Number: NST5132555
APN: 26-029-24-23-0847
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