NOT LISTED FOR SALE

2900 University Ave SE Unit 509 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $249,000 - $289,000

2 Beds
2 Baths
1,010 Sq Ft
$591/mo HOA Fee

Last Sold January 17, 2024

Last sale price $269,900 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,341/month

7 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Heated Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • High-Rise Condominium

About This Home

As of January 2024

Life just got better now that you found the perfect place to call home. No worries about street parking or
scrapping snow off your car because you have a surface level garage. Hardwood floors and remodeled
bathroom in 2020 was just the beginning of the updates to your new condo. The custom kitchen was
created in 2022 along with a new furnace and air conditioner. A new washer and dryer were installed in
2022.Take advantage of the 24-hour workout center. Whether you are having an office party or way too many relatives over
the community room with all day access is a wonderful alternative.Historic University of MN with all its charm is your new
neighborhood. A great location for attending games at Huntington Stadium or Mariucci Arena.Fresh Thyme grocery store is
across the street, Surly Brewing Co. and Market at Malcom Yards is in walking distance t the Green Line at Prospect Park Station, see what the Twin Cities have to offer. This Condo feels like new construction with no wait.MUST SEE

Last Listed By

Vicky Sarahan

Coldwell Banker Realty Brokerage Phone: 952-412-7293 Listed on: 11/09/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 2007

Lot Details

  • 871

HOA Fees

  • $591 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • Cag Management Association, Phone Number (651) 882-0400
  • High-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 3002923130101

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,368

Year Built

Built in 2007

Lot Details

0

HOA Fees

$591 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1010
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-412-7293
  • Attribution Contact: 952-412-7293
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1010
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Neighborhood: Prospect Park - East River Road
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 651-882-0400
  • Association Fee: 591
  • Association: Yes
  • Amenities Unit: Balcony,Tile Floors

Association/Amenities

  • HOA Management Co: CAG Management

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 1010
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Shake Siding, Stucco, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923130101
  • Tax Annual Amount: 3368
  • TaxWithAssessments: 3368.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jan 12, 2024
Sold by
Randal Paul Deutmeyer and Shin Chin
Bought by
Egusa Emily and Egusa Jerry
Seller's Agent
Vicky Sarahan
Coldwell Banker Realty
Buyer's Agent
Damien Troupe
Coldwell Banker Realty
List Price
$269,000
Sold Price
$269,900
Premium/Discount to List
$900
0.33%
Total Days on Market
7
Views
43
Current Estimated Value
$263,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,028
Avg. Annual Appreciation
-1.76%
Original Mortgage
$215,200
Outstanding Balance
$212,557
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$51,315

Purchase Details

Closed on
Mar 19, 2021
Sold by
Lee Shin Chin and Deutmeyer Randal Paul
Bought by
Deutmeyer Randal Paul and Lee Shin Chin

Purchase Details

Closed on
Mar 31, 2020
Sold by
Beito David and Genadry Mirelle
Bought by
Lee Shin Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 7, 2017
Sold by
Lunde Derek
Bought by
Beito David
Seller's Agent
Nathan Pentz
Keller Williams Classic Rlty NW
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Lunde Roy and Lunde Beverly
Bought by
Lunde Derek

Purchase Details

Closed on
Jun 8, 2011
Sold by
M & I Regional Properties Llc
Bought by
Lunde Rai and Lunde Derek

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
Egusa Emily $269,000 --
Deutmeyer Randal Paul -- None Available
Lee Shin Chin $240,000 Trademark Title Services Inc
Beito David $215,000 Multiple
Lunde Derek -- None Available
Lunde Rai $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egusa Emily $215,200
Previous Owner Lee Shin Chin $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $269,900 0.0% $267 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/12/2023 11/12/23 Off Market $269,900 -- --
11/09/2023 11/09/23 For Sale $269,000 +25.1% $266 / Sq Ft
06/07/2017 06/07/17 Sold $215,000 +2.4% $225 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $210,000 -- $220 / 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 $3,341 $256,000 $34,000 $222,000
2022 $3,319 $256,000 $34,000 $222,000
2021 $3,204 $239,500 $34,000 $205,500
2020 $3,276 $239,500 $17,500 $222,000
2019 $3,277 $226,000 $17,500 $208,500
2018 $2,831 $219,500 $17,500 $202,000
2017 $2,814 $199,500 $17,500 $182,000
2016 $2,812 $192,500 $17,500 $175,000
2015 $2,799 $184,000 $16,800 $167,200
2014 -- $172,000 $16,800 $155,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6454745

NorthstarMLS

APN: 30-029-23-13-0101