Portland Tower 740 Portland Ave Unit 803 Minneapolis, MN 55415
Elliot Park NeighborhoodEstimated Value: $432,000 - $535,000
2
Beds
2
Baths
1,472
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Balcony
- Patio
- Elevator
- Woodwork
- Zero Lot Line
About This Home
As of October 2020FINAL SALES - CHOOSE FROM THE LAST 3 REMAINING! RARE FIND- Enjoy this 1,472 square feet with generous living space and a balcony of 73 sq. ft. Never lived in model unit with Great South and East exposure and full wall of windows. Enhanced features include upgraded plumbing and lighting fixtures, custom cabinetry, wood floors throughout living areas, granite tops with tiled backsplash, custom paint, plus enameled trim and doors. Well laid out plan with generous size in each room. Portland Tower offers a freshly remodeled community room, deck with fire pit and grills, fitness center and more! Step out the building and steps away to the Skyway, entertainment, resturaunts, Common Park, or enjoy a bike ride to the River. Climate controlled garages with 2 stalls included plus a storage cage. ASSOCIATION HAS APPROVED ADDING ELECTRICAL OUTLET FOR CARS. COVID-19 protocol in place - One of the BEST VALUES in town. Don't miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,030
Year Built
- Built in 2020
Lot Details
- Few Trees
- Zero Lot Line
HOA Fees
- $670 Monthly HOA Fees
Parking
- 2 Car Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,472 Sq Ft Home
- 1-Story Property
- Woodwork
- Fire Sprinkler System
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 2602924230787
Community Details
Overview
- Association fees include building exterior, hazard insurance, heating, 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
Oct 1, 2020
Closed on
Oct 23, 2020
Sold by
Portland Tower Llc
Bought by
Brenk Kathleen Kenyon and Cleland Aran John
Seller's Agent
Jon Sinnen
Ryan Real Estate Co.
Buyer's Agent
Karen Nielsen
Lakes Sotheby's International Realty
List Price
$489,900
Sold Price
$489,900
Total Days on Market
13
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
-$15,241
Avg. Annual Appreciation
-1.34%
Original Mortgage
$339,900
Outstanding Balance
$307,932
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,705
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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 |
|---|---|---|---|
| Brenk Kathleen Kenyon | $489,900 | None Available | |
| Brenk Kathleen Kathleen | $489,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brenk Kathleen Kenyon | $339,900 | |
| Closed | Brenk Kathleen Kathleen | $331,411 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $489,900 | 0.0% | $333 / Sq Ft |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | For Sale | $489,900 | 0.0% | $333 / Sq Ft |
| 10/02/2020 10/02/20 | Off Market | $489,900 | -- | -- |
| 10/01/2020 10/01/20 | For Sale | $489,900 | -- | $333 / 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 | $5,521 | $423,000 | $17,000 | $406,000 |
| 2022 | $6,375 | $433,000 | $13,000 | $420,000 |
| 2021 | $6,688 | $460,000 | $11,000 | $449,000 |
| 2020 | $5,450 | $500,000 | $11,100 | $488,900 |
| 2019 | $5,614 | $376,000 | $9,200 | $366,800 |
| 2018 | $5,386 | $376,000 | $9,200 | $366,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Sinnen
Seller's Agent in 2020
Jon Sinnen
Ryan Real Estate Co.
(952) 292-6924
3 in this area
45 Total Sales
-
Colleen J. Ratzlaff-LaBeau
Seller Co-Listing Agent in 2020
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
13 in this area
87 Total Sales
-
Karen Nielsen
Buyer's Agent in 2020
Karen Nielsen
Lakes Sotheby's International Realty
(612) 900-8115
1 in this area
14 Total Sales
About Portland Tower
Map
Source: NorthstarMLS
MLS Number: NST5667660
APN: 26-029-24-23-0787
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