45 University Ave SE #501, Minneapolis, MN 55414
SOLDAPR 11, 2024

45 University Ave SE #501
Minneapolis, MN 55414

East Bank-Nicollet Island
  • 2 Beds
  • 2 Baths
  • 1,200 sqft
  • 2 Beds
  • 2 Baths
  • 1,200 sqft

$480,000

Last Sold: Apr 11, 2024
3% over list $465K
$400/sqft
Est. Refi. Payment $3,079/mo*

Homes for Sale Near 45 University Ave SE #501

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 12, 2024
This beautifully updated & ultra-convenient condo is connected to Lunds & Caribou Coffee via private condo lobby access. Updated w/freshly painted woodwork and new KitchenAid appliances, it features floor-to-ceiling windows, balcony, full-size laundry, heated parking, & storage. Its smart floor plan features separate bedrooms, large ensuite primary, & an efficient layout — allowing approachable pricing while still feeling spacious. HOA is financially sound w/$2 million reserves & never a special assessment. Dues include everything but electric (avg $60/mo.) On-site caretaker & manager are experienced, friendly, & extremely attentive. 5 guest stalls. This popular European-style walking neighborhood in NE Minneapolis' Old Town Business District is nestled amongst parks, the Riverfront, shops, restaurants, & historic charm. Escape the hustle & bustle on the downtown side of the river & enjoy the same great award-winning cuisine & urban amenities in this more intimate setting.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$824/Monthly
Price/Sqft
$400/sqft
Listed
38 days ago

Home Details for 45 University Ave SE #501

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Living Room, Dining Room, Kitchen, Bedroom 2, Bedroom 1
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1200 Square FeetFoundation Area: 1200
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
View
No View
Security
Security: Fire Sprinkler System, Secured Garage/Parking

Exterior Features

Exterior Home Features
Roof: Flat
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Assigned,Attached,Garage Door Opener,Heated Garage,Underground
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1200 Square Feet

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: High Rise
Building
Not a New ConstructionAttached To Another StructureHas Additional Parcels
Property Information
Condition: Age of Property: 18Parcel Number: 2302924130673Additional Parcels Description: 2302924130744

Price & Status

Price
List Price: $465,000Price Per Sqft: $400/sqft
Status Change & Dates
Off Market Date: Fri Apr 12 2024

Location

Direction & Address
City: MinneapolisCommunity: Cobalt Condominiums
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 1200 Square Feet

HOA

HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, WaterHOA Name: FirstService ResidentialHOA Phone: 952-277-2700Has an HOAHOA Fee: $824/Monthly

Offer

Contingencies: None

Compensation

Buyer Agency Commission: 2.7Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 6507859

Additional Information

HOA Amenities: Elevator(s),Fire Sprinkler System,SecurityMlg Can ViewMlg Can Use: IDX
Last check for updates: about 22 hours ago
Listed by Scott Parkin, (612) 310-8247
Verve Realty
Source: NorthStar MLS as distributed by MLS GRID, MLS#6507859

Price History for 45 University Ave SE #501

DatePriceEventSource
04/11/2024$480,000Sold
NorthStar MLS as distributed by MLS GRID #6507859
03/22/2024$465,000Listed For SaleNorthStar MLS as distributed by MLS GRID #6507859

Comparable Sales for 45 University Ave SE #501

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$465,000
08/04/23
2
2
1,199
0.00
Condo
$675,000
06/30/23
2
2
1,449
0.00
Condo
$700,000
06/15/23
2
2
1,449
0.02
Condo
$680,000
05/31/23
2
2
1,477
0.16
Condo
$625,000
09/26/23
2
2
1,324
0.25
Condo
$435,000
09/06/23
2
2
1,095
0.17
Condo
$575,000
10/04/23
2
2
1,600

Assigned Schools

These are the assigned schools for 45 University Ave SE #501.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2024-02-12 13:39:47 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 45 University Ave SE #501

Off Market Homes Near 45 University Ave SE #501

45 University Ave SE #501, Minneapolis, MN 55414 is a 2 bedroom, 2 bathroom, 1,200 sqft condo built in 2006. 45 University Ave SE #501 is located in East Bank-Nicollet Island, Minneapolis. This property is not currently available for sale. 45 University Ave SE #501 was last sold on Apr 11, 2024 for $480,000 (3% higher than the asking price of $465,000). The current Trulia Estimate for 45 University Ave SE #501 is $481,900.