NOT LISTED FOR SALE

Estimated Value: $395,973 - $547,000

2 Beds
2 Baths
1,300 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $303,000 $233 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,569/month

33 Days on Market

Highlights

  • Building Security
  • Subterranean Parking
  • Ceiling Fan
  • Elevator
  • Forced Air Heating and Cooling System
  • Heated Garage

About This Home

As of May 2016

Fantastic corner unit loft in the North Loop! Everything you want for living the urban lifestyle. Spacious and filled with natural light - come see it today! 1 parking stall in underground heated garage, and 1 reserved parking space in surface lot.

Last Listed By

Darik Steinbach

Keller Williams Premier Realty Lake Minnetonka Listed on: 04/15/2016

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1923

Lot Details

  • 0.67

HOA Fees

  • $571 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Subterranean Parking
  • Heated Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Fire Sprinkler System
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924210363

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, outside maintenance, parking space, sanitation, security system, shared amenities, snow/lawn care, water/sewer
  • First Service Residential Association
  • Rental Restrictions

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,191

Year Built

Built in 1923

Lot Details

0

HOA Fees

$571 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 1300.00
  • Above Grade Finished Area Search: 1300.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Co Listing Association Office S K: 10172
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10172
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1300.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924210363
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Pets - Weight/Height Limit, Rental Restrictions May Apply
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: 3/4 Master, Main Floor 3/4 Bath, Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Other, Underground Garage
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Other, Outside Maintenance, Parking Space, Sanitation, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 571.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Ceiling Fan(s), Kitchen Window, Washer/Dryer Hookup

Fee Information

  • Insurance Fee Frequency: N/A

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: common
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1425 918 LOFTS A PLANNED COMMU UNIT NO 206
  • Tax Amount: 4191.00
  • Tax Year: 2016
  • Tax With Assessments: 4191.00
  • Assessor Parcel Number: 2202924210363

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 23, 2016
Sold by
Torgerson Kevin and Torgerson Teresa
Bought by
Schreier Thomas and Schreier Thomas
Seller's Agent
Darik Steinbach
Keller Williams Premier Realty Lake Minnetonka
List Price
$275,000
Sold Price
$303,000
Premium/Discount to List
$28,000
10.18%
Total Days on Market
33
Current Estimated Value
$457,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,743
Avg. Annual Appreciation
4.71%
Original Mortgage
$227,250
Outstanding Balance
$183,414
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$274,329

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 11, 2014
Sold by
Cushmore Christopher M and Cushmore Elizabeth P
Bought by
Torgerson Kevin and Torgerson Teresa
Seller's Agent
Danya Spencer
Edina Realty, Inc.
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Mossman Rebecca J
Bought by
Danbom Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Bank Of New York
Bought by
Griffin Rebecca J

Purchase Details

Closed on
Oct 10, 2006
Sold by
Not Provided
Bought by
Haas Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,800
Interest Rate
7.95%
Mortgage Type
Assumption

Purchase Details

Closed on
May 17, 2005
Sold by
Midwest Hospitality Inc
Bought by
Keller Janes

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schreier Thomas $303,000 Cambria Title
Torgerson Kevin $250,000 Edina Realty Title Inc
Danbom Elizabeth P $210,000 --
Griffin Rebecca J $182,000 --
Haas Evelyn $451,000 --
Keller Janes $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreier Thomas $227,250
Previous Owner Danbom Elizabeth P $189,000
Previous Owner Haas Evelyn $360,800
Previous Owner Haas Evelyn $90,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $303,000 0.0% $233 / Sq Ft
05/23/2016 05/23/16 Price Changed $303,000 +10.2% $233 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $275,000 +10.0% $212 / Sq Ft
07/11/2014 07/11/14 Sold $250,000 -3.8% $192 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $259,900 -- $200 / Sq Ft
Source: NorthstarMLS

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 $5,516 $420,000 $71,000 $349,000
2022 $5,504 $420,000 $64,000 $356,000
2021 $5,315 $396,000 $64,000 $332,000
2020 $5,351 $396,000 $31,700 $364,300
2019 $5,087 $370,000 $21,100 $348,900
2018 $4,607 $346,000 $21,100 $324,900
2017 $4,043 $273,500 $21,100 $252,400
2016 $4,191 $263,500 $21,100 $242,400
2015 $4,400 $263,500 $21,100 $242,400
2014 -- $230,500 $21,100 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4702839

NorthstarMLS

APN: 22-029-24-21-0363