NOT LISTED FOR SALE

Estimated Value: $174,000 - $223,000

2 Beds
1 Bath
808 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $190,000 $235 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,471/month

75 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • 4-minute walk to Alcott Triangle Park

About This Home

As of October 2018

Fabulous two-bedroom condo in the heart of Minneapolis, within a mile of its three popular lakes: Bde Maka Ska (fka Lake Calhoun), Lake of the Isles and Cedar Lake. Meticulously clean and well-kept building offers low association fees. Each unit has its own furnace, central air, storage unit, washer, dryer and parking space. Enjoy this stunning unit with plenty of natural light, great living space, cherry cabinets, granite countertops, stainless steel appliances & birch hardwood floor.

Last Listed By

Van-Ha Nguyen

Keystone Realty MN Listed on: 06/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1948

Lot Details

  • 6,490

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • Uncovered Parking

Home Design

  • Property Attached
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • 6,490 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include building exterior, hazard insurance, outside maintenance, parking space, sanitation, shared amenities, snow/lawn care, water/sewer
  • Drew Place Condominiums Association
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 3202924330175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,182

Year Built

Built in 1948

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone, Stucco
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 808.00
  • Above Grade Finished Area Search: 808.00
  • Assessment Pending Y N: No
  • Association Management: Drew Place Condominiums
  • Management Company Phone: 612-599-6204
  • Below Grade Finished Sq Ft: 35.00
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10992
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 843.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Calhoun - Isle
  • Parcel Numbers: 3202924330175
  • Rental License: No
  • Restrictions Type: Pets - Breed Restriction, 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

  • Basement: Partial
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Kitchen/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No
  • Below Grade Finished Sq Ft: 35.00

Beds/Baths

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

Garage/Parking

  • Parking Features: Driveway - Concrete, Driveway - Shared, Uncovered/Open

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Outside Maintenance, Parking Space, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 160.00

Association/Amenities

  • Association Fee Yn: Yes

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
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.1490
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1627 DREW PLACE CONDOS UNIT NO 4
  • Tax Amount: 2182.00
  • Tax Year: 2018
  • Tax With Assessments: 2182.44
  • Assessor Parcel Number: 3202924330175

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

Closed on
Oct 26, 2007
Sold by
Drew Properties Llc
Bought by
Lucas Matt
Total Days on Market
75
Current Estimated Value
$199,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,400
Interest Rate
6.44%
Mortgage Type
New Conventional

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
Lucas Matt $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koffa David J $180,500
Closed Lucas Matt $145,350
Closed Sanchez Stephany Duran $150,000
Closed Lucas Matt $157,000
Closed Lucas Matt $161,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $190,000 0.0% $235 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/31/2018 08/31/18 Off Market $190,000 -- --
08/21/2018 08/21/18 Price Changed $199,900 -4.8% $247 / Sq Ft
08/05/2018 08/05/18 Price Changed $209,900 -2.3% $260 / Sq Ft
07/19/2018 07/19/18 Price Changed $214,900 0.0% $266 / Sq Ft
07/19/2018 07/19/18 For Sale $214,900 +13.1% $266 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/29/2018 06/29/18 Off Market $190,000 -- --
06/21/2018 06/21/18 For Sale $224,900 -- $278 / 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 $2,351 $198,000 $46,000 $152,000
2022 $2,276 $183,000 $38,000 $145,000
2021 $2,342 $183,000 $31,000 $152,000
2020 $2,452 $192,500 $28,800 $163,700
2019 $2,360 $187,000 $28,800 $158,200
2018 $2,182 $176,500 $28,800 $147,700
2017 $2,240 $165,000 $28,800 $136,200
2016 $2,246 $161,000 $28,800 $132,200
2015 $2,356 $161,000 $28,800 $132,200
2014 -- $149,000 $28,800 $120,200
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST4970397

NorthstarMLS

APN: 32-029-24-33-0175