Seller's Agent in 2016
Joe Grunnet
DRG
(612) 244-6613
2 in this area
64 Total Sales
250 Park Ave Unit 504 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $263,000 - $386,000
2
Beds
1
Bath
1,034
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Subterranean Parking
- 4-minute walk to Downtown East/Metrodome Station
- 3-minute walk to The Commons
- Forced Air Heating and Cooling System
About This Home
As of August 2016True urban living in this immaculately maintained Downtown East Loft. Located just steps from US Bank Stadium, enjoy homeownership in one of the city's most up and coming neighborhoods. Gold Medal Park, Farmer's Market, and the Guthrie are only a few of the local attractions right outside your door. Exposed brick, concrete floors and 12 ft ceilings can all be found in this early 1900's loft conversion. 24hr valet included in HOA dues.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,732
Year Built
- Built in 1900
Lot Details
- 0.64
HOA Fees
- $653 Monthly HOA Fees
Parking
- 1 Car Garage
- Subterranean Parking
Home Design
- 1,034 Sq Ft Home
- Property Attached
- Stone Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, building exterior, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security system, shared amenities, snow/lawn care, valet parking, water/sewer
- First Service Residential Association
- American Trio Lofts Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924340633
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2016
Closed on
Aug 1, 2016
Sold by
Mumm Mark H and Mumm Sandra K
Bought by
Settle Andrew and Sikorski Sheena
Seller's Agent
Joe Grunnet
DRG
List Price
$299,900
Sold Price
$299,900
Total Days on Market
14
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
$20,304
Avg. Annual Appreciation
0.75%
Original Mortgage
$309,796
Outstanding Balance
$252,276
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$67,928
Purchase Details
Closed on
May 10, 2005
Sold by
American Trio Lofts Llc
Bought by
Mumm Mark H and Mumm Sandra K
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Settle Andrew | $299,900 | Titlenexus Llc | |
| Mumm Mark H | $266,357 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Settle Andrew | $309,796 | |
| Previous Owner | Mumm Mark H | $188,892 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2016 08/01/16 | Sold | $299,900 | 0.0% | $290 / Sq Ft |
| 06/10/2016 06/10/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $299,900 | 0.0% | $290 / Sq Ft |
| 02/06/2012 02/06/12 | Rented | $1,700 | 0.0% | -- |
| 02/06/2012 02/06/12 | For Rent | $1,700 | -- | -- |
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 | $3,756 | $296,000 | $34,000 | $262,000 |
| 2022 | $4,183 | $284,000 | $32,000 | $252,000 |
| 2021 | $4,040 | $309,000 | $27,000 | $282,000 |
| 2020 | $4,636 | $309,000 | $14,000 | $295,000 |
| 2019 | $4,479 | $325,500 | $9,300 | $316,200 |
| 2018 | $4,180 | $307,000 | $9,300 | $297,700 |
| 2017 | $3,904 | $264,000 | $9,300 | $254,700 |
| 2016 | $4,024 | $253,000 | $9,300 | $243,700 |
| 2015 | $3,732 | $223,500 | $9,300 | $214,200 |
| 2014 | -- | $196,000 | $9,300 | $186,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Grunnet
-
Colton Maher
Seller Co-Listing Agent in 2016
Colton Maher
Woods to Water Real Estate
(612) 500-2007
63 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST4721065
APN: 23-029-24-34-0633
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