Seller's Agent in 2025
Joanne Thomas
RE/MAX Advantage Plus
(651) 208-6519
2 in this area
106 Total Sales
740 Portland Ave S Unit 1416 Minneapolis, MN 55415
Elliot Park Neighborhood
3
Beds
2
Baths
1,572
Sq Ft
$1,019/mo
HOA Fee
Highlights
- City View
- Community Garden
- Built-In Double Oven
- Deck
- Elevator
- Stainless Steel Appliances
About This Home
As of January 2025This exquisite condo offers breathtaking skyline views including the iconic Foshay Tower; along with an exceptional living space showcasing contemporary design and finishes throughout. The kitchen features top-of-the-line appliances, sleek countertops, and ample storage space. The open-concept kitchen and living room space creates a seamless flow and great views from all the windows! In addition to the great living space, this condo offers practical amenities such as 2 indoor parking spots and a 4' x 8' storage space. The building boasts many amenities for residents to enjoy. Including a community room for hosting events, and a large patio which features inviting firepits and shared gardens, creating an oasis in the heart of the city. Stay active and fit in the fitness center, with state-of-the-art equipment, and for pet owners, the indoor pet relief area in the garage is a convenient feature. Experience luxurious urban living in this stunning condo.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,319
Year Built
- Built in 2016
Lot Details
- Additional Parcels
HOA Fees
- $1,019 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,572 Sq Ft Home
- 1-Story Property
- Living Room
- City Views
Kitchen
- Built-In Double Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2602924230850
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, 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
- Community Garden
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2020
Sold by
Portland Tower Llc
Bought by
Olsonawski Brent Duane and Olsonawski Angela Lynne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$273,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$236,589
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 |
|---|---|---|---|
| Warranty Deed | $628,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $490,000 | -1.0% | $312 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | Price Changed | $495,000 | -4.8% | $315 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $520,000 | -4.6% | $331 / Sq Ft |
| 05/31/2024 05/31/24 | For Sale | $545,000 | -- | $347 / 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 | $6,487 | $497,000 | $18,000 | $479,000 |
| 2022 | $8,289 | $546,000 | $14,000 | $532,000 |
| 2021 | $8,648 | $580,000 | $12,000 | $568,000 |
| 2020 | $6,986 | $620,000 | $11,900 | $608,100 |
| 2019 | $7,196 | $482,000 | $9,800 | $472,200 |
| 2018 | $6,903 | $482,000 | $9,800 | $472,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joanne Thomas
-
Lisa Handley
Seller Co-Listing Agent in 2025
Lisa Handley
RE/MAX Advantage Plus
(612) 390-6520
1 in this area
261 Total Sales
-
Laura Berger
Buyer's Agent in 2025
Laura Berger
Coldwell Banker Burnet
(952) 212-8568
1 in this area
242 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6540879
APN: 26-029-24-23-0850
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