For Sale: Richfield MLS# 7067142
Active
$49,026
Condo/Townhome: High Rise (4+ Levels)
1 br • 1 ba • Built 2000
710 sqft
Richfield schools
MLS# 7067142
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Property Description
Gramercy Park at Lakeshore Drive Cooperative - 710 square foot, 8th floor beautiful east facing 1 bedroom/1 bathroom unit with wonderful, picturesque morning views of the sunrise and distant views of the airport (no noise!) At least one member of the household must be 62 and membership is subject to board approval. The buy-in share (membership) cost is $49, 026. This equity membership is called a share value which increases annually and is returned when you sell or transfer your membership. The monthly maintenance fee (called the carrying charge) is $1, 512.00 which covers the cost to operate the building, insurance, property taxes and your pro-rata share of the joint HUD mortgage which are fully tax deductible. The monthly carrying charge includes internet and TV (Xfinity), heat, water/sewer and trash (each floor has two trash chutes) as well as the optional assigned personal parking stall in the heated underground garage. The garage has a free well-equipped wash bay. Additional free parking is available outside the rear of the building. Private 6x10 locked storage room next to your unit. Receptionist, maintenance staff, and property management staff are on-site M-F and on-call for emergencies. The building is managed by Ebenezer under the direct control of the resident elected board of directors. The 12 floors are served by 4 elevators. The building is attached to the Richfield VFW Post #555 bar and restaurant where Gramercy residents receive a discount. Access to the secure building is strictly controlled by key fobs and cameras. Check out the most affordable cooperative living community in the metro area. Close to Southtown, the MOA, and across the street from the beautiful and relaxing trails of the WoodLake Nature Center at 67th and Lyndale. Check out the photos of the building: lobby, library, fitness center, hair salon, community kitchen and store. Never worry again about home maintenance, shoveling, mowing or roof repairs - almost everything is taken care of by your membership in the cooperative - appliances (except microwave) floor and wall coverings, bathroom and kitchen cabinets, and countertops. In unit clothes washer, dryer, and walk in shower. Amenities abound from craft/activities room, huge library, workshop with a complete mix of major wood shops machines and tools. There are daily activities shared by members including free van transportation to nearby clinics, offices, and shopping venues. Ready for move in once you’ve chosen your new tile for the kitchen and bathroom which is paid for by the cooperative!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$49,026
Price per sq ft:
$69
Property Type:
Condo/Townhome
City:
Richfield
Garage Spaces:
1
County:
Hennepin
Year Built:
2000
State:
MN
Property Style:
High Rise (4+ Levels)
Zip Code:
55423
Subdivision Name:
Co-Op Gramercy Park Co-Op Richfield
Interior
Bedrooms:
1
Bathrooms:
1
Finished Area:
710 ft2
Total Fireplaces:
0
Living Area:
710 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Tankless Water Heater
- Washer
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
1
Garage Dimensions:
8x20
Air Conditioning:
Central Air
Foundation Size:
710 ft2
Fencing:
None
Handicap Accessible:
Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+
Heating System:
- Baseboard
- Hot Water
Parking Features:
- Assigned
- Floor Drain
- Garage Door Opener
- Heated Garage
- Underground
Shared Amenities:
- Car Wash
- Common Garden
- Concrete Floors & Walls
- Elevator(s)
- Fire Sprinkler System
- Security Building
Unit Amenities:
- Cable
- City View
- Exercise Room
- Local Area Network
- Main Floor Primary Bedroom
- Washer/Dryer Hookup
Road Frontage:
City Street
Pool:
None
Roof Details:
Tar/Gravel
Rooms
1/4 Baths:
None
Full Baths:
None
Half Baths:
None
3/4 Baths:
1
Shared Rooms:
- Club House
- Exercise Room
- Guest Suite
Bathroom Details:
Main Floor 3/4 Bath
Lot & Land
Acres:
0
Geolocation:
44.881488, -93.288501
Lot Dimensions:
Common
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Property Adjoins Public Land
- Public Transit (w/in 6 blks)
- Underground Utilities
Schools
School District:
280
District Phone:
6127986010
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,758
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,758
Association Fee Required:
Yes
Association Fee:
$1,512
Association Fee Frequency:
Monthly
Association Fee Includes:
- Cable TV
- Hazard Insurance
- Heating
- Internet
- Lawn Care
- Maintenance Grounds
- Parking
- Professional Mgmt
- Recreation Facility
- Sanitation
- Sewer
- Shared Amenities
- Taxes
- Water
Association Company:
Gramercy Park at Lake Shore Drive/Ebenezer
Association Company Number:
6128611378
Units
Unit Number:
813
Miscellaneous
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Savvy Avenue, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.