$173,900
SOLD MAY 29, 2013
1 Bed
1 Bath
711 Sq Ft
$223/mo HOA Fee

Recently Sold

$245 Per Sq Ft

16% Above List Price

318 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • Balcony
  • Wheelchair Access
  • High-Rise Condominium

About This Home

As of November 2014

Pre-negotiated short sale.This unique historic loft has a lot to offer. Downtown views, extra large balcony, turnkey living. Live in the heart of the North Loop and close to new stadium.

Last Agent to Sell the Property

Joe Grunnet

Downtown Resource Group, LLC Listed on: 06/18/2012

Last Buyer's Agent

Brent Bartel

Luke Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 2006

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 711 Sq Ft Home
  • Woodwork
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Wheelchair Access
  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, security system, snow removal, water
  • High-Rise Condominium

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 2202924210394

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,097

Year Built

Built in 2006

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC High Rise 4+ Level
  • Ada Features: Partially Wheelchair
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Balcony
  • Construction: Previously Owned
  • Foundation Size: 711
  • Parcel Number: 2202924210394
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/28/2013
  • Street Designation: Street
  • Taxes With Assessments: 3097
  • Unit: 202
  • Comp Dev Subdiv Name: The Herschel
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Finished Above Grade Sq Ft: 711
  • Total Fin Square Footage: 711

Exterior Features

  • Frontage Road: City
  • Exterior: Brick

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Electric
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Security System, Snow Removal, Water
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 223

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2012
  • Tax Value: 3097

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Galstad Richard A and Galstad Cathy R
Bought by
Gerring Grace
Current Estimated Value
$283,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,910
Outstanding Balance
$209,597
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,419

Purchase Details

Closed on
Sep 2, 2016
Sold by
Fort Daniel
Bought by
Galstad Richard A and Galstad Cathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 13, 2012
Sold by
Hawkins Michael J
Bought by
Fort Daniel
Seller's Agent
Joe Grunnet
Downtown Resource Group, LLC
Buyer's Agent
Nathan Roise
Keller Williams Integrity Realty
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$167,910
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2012
Sold by
Hawkins Michael J
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $289,900 Titlenexus Llc
Warranty Deed $250,000 Midland Title
Warranty Deed $174,000 On Site Title Llc
Sheriffs Deed $222,524 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,910 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $105,000 Future Advance Clause Open End Mortgage
Previous Owner $167,910 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2014 11/03/14 Sold $245,000 +20.2% $265 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
09/26/2014 09/26/14 Sold $203,900 -29.7% $280 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
08/15/2014 08/15/14 Sold $290,000 +11.6% $296 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $259,900 -17.5% $282 / Sq Ft
06/02/2014 06/02/14 For Sale $315,000 +52.2% $322 / Sq Ft
04/12/2014 04/12/14 For Sale $206,900 +10.1% $285 / Sq Ft
03/14/2014 03/14/14 Sold $188,000 -8.7% $281 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
01/23/2014 01/23/14 Sold $206,000 +3.0% $252 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $199,995 -9.1% $299 / Sq Ft
11/21/2013 11/21/13 For Sale $220,000 +7.8% $269 / Sq Ft
10/25/2013 10/25/13 Sold $204,000 -6.8% $249 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $219,000 +0.5% $267 / Sq Ft
07/01/2013 07/01/13 Sold $218,000 +25.4% $272 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/29/2013 05/29/13 Sold $173,900 -15.6% $245 / Sq Ft
05/28/2013 05/28/13 Sold $206,000 -6.3% $273 / Sq Ft
05/16/2013 05/16/13 For Sale $219,900 +4.8% $275 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
03/28/2013 03/28/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $209,900 -2.8% $278 / Sq Ft
02/22/2013 02/22/13 Sold $216,000 +27.1% $234 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
08/29/2012 08/29/12 Sold $170,000 -22.7% $219 / Sq Ft
08/28/2012 08/28/12 For Sale $219,900 +46.7% $238 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $149,900 -16.7% $211 / Sq Ft
05/30/2012 05/30/12 For Sale $179,900 -- $231 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,785 $290,000 $72,000 $218,000
2022 $3,901 $281,500 $69,000 $212,500
2021 $3,765 $281,500 $59,000 $222,500
2020 $3,868 $281,500 $20,700 $260,800
2019 $3,926 $263,000 $13,800 $249,200
2018 $3,696 $263,000 $13,800 $249,200
2017 $3,418 $222,000 $13,800 $208,200
2016 $3,045 $207,500 $13,800 $193,700
2015 $3,108 $202,500 $13,800 $188,700
2014 -- $189,500 $13,800 $175,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4333496

REALTOR® Association of Southern Minnesota

APN: 22-029-24-21-0407