NOT LISTED FOR SALE

Cloud 9 at Sky Flats 5601 Smetana Dr Unit 717 Minnetonka, MN 55343

Estimated Value: $336,000 - $382,000

2 Beds
2 Baths
1,678 Sq Ft
$946/mo HOA Fee

Last Sold September 21, 2023

Last sale price $350,000 $209 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,305/month

10 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Elevator
  • Hopkins Senior High School Rated A-
  • 1 Fireplace
  • Stainless Steel Appliances

About This Home

As of September 2023

Sellers PRE-PAID the 20-yr assessment of $34,175.This means REDUCED TAXES of approx. $2,9K/year compared to other similar sized units! 20K in improvements w/granite countertops, electric fireplace, Hunter Douglas power shades, finished concrete floors, instant hot water, "built-in" media cabinets and bookcase with 65" TV that stays. Stunning 7th floor views with a wall of six-foot windows & 10-foot ceilings. A modern open floor concept with concrete floors, solid wood doors is sure to impress. The kitchen features an island w/granite countertops, open shelving & gas range. The bathroom includes double vanity, stand up shower & soaking tub. Water heater is two years old. This unit includes 2 parking spaces in a covered parking garage and this pet friendly building offers two outdoor patios, gym, bike storage an onsite manager. Association fee includes Direct TV, Fiber Optic Internet and all other utilities except for electric. Building has an EV charging station and free air.

Last Listed By

Merit Raff

Edina Realty, Inc. Listed on: 08/18/2023

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1986

Lot Details

  • 8

HOA Fees

  • $946 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3611722140134

Community Details

Overview

  • Association fees include cable TV, controlled access, gas, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cloud 9 Sky Flats Subdivision
  • Car Wash Area

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,798

Year Built

Built in 1986

Lot Details

0

HOA Fees

$946 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Patio
  • Fee Frequency: Monthly
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1678
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1678
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • Shared Rooms: Exercise Room,Other

Beds/Baths

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

Exterior Features

  • ConstructionMaterialsDesc: Concrete

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Electric Vehicle Charging Station(s)
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Controlled Access, Gas, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 946
  • Association: Yes
  • Amenities Unit: Cable,City View,French Doors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0.00
  • Lot Size Sq Ft: 352400.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3611722140134
  • Tax Annual Amount: 3798
  • TaxWithAssessments: 3798.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 21, 2023
Sold by
Watters John L and Lee Ann
Bought by
Nam Sue Heesook
Seller's Agent
Merit Raff
Edina Realty, Inc.
Buyer's Agent
Breana Berry
Coldwell Banker Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Total Days on Market
10
Views
73
Current Estimated Value
$362,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,468
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
May 7, 2014
Closed on
Sep 16, 2014
Sold by
Nessan Nicholas Nicholas
Bought by
Watters John John
Seller's Agent
Lisa Eckert
Edina Realty, Inc.
Buyer's Agent
Lisa Harris
Keller Williams Realty Integrity-Edina
List Price
$239,000
Sold Price
$222,500
Premium/Discount to List
-$16,500
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$211,375
Interest Rate
4.12%

Purchase Details

Closed on
Apr 9, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nessan Nicholas F

Purchase Details

Closed on
Feb 5, 2007
Sold by
Cloud 9 Real Estate Llc
Bought by
Syonesa Phon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,008
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Nam Sue Heesook $350,000 Results Title
Watters John John $222,500 --
Nessan Nicholas F $122,500 --
Syonesa Phon $428,762 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watters John John $211,375
Previous Owner Syonesa Phon $343,008
Previous Owner Syonesa Phon $85,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $350,000 -4.1% $209 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $365,000 +64.0% $218 / Sq Ft
09/16/2014 09/16/14 Sold $222,500 -6.9% $133 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $239,000 -- $142 / 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 $4,189 $359,100 $55,000 $304,100
2022 $3,945 $331,800 $55,000 $276,800
2021 $3,492 $321,800 $50,000 $271,800
2020 $3,344 $291,400 $50,000 $241,400
2019 $2,982 $267,100 $50,000 $217,100
2018 $3,263 $243,300 $50,000 $193,300
2017 $3,319 $255,500 $50,000 $205,500
2016 $3,010 $228,600 $50,000 $178,600
2015 $2,678 $202,600 $50,000 $152,600
2014 -- $165,200 $50,000 $115,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6420265

NorthstarMLS

APN: 36-117-22-14-0134