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$272,859  (list price)
$258,500
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Condo/Townhome:  High Rise (4+ Levels)
2 br • 2 ba • Built 2025
1,419 sqft • 2.023 acres
MLS# 6655917
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    Property Description

    Located on the north shore of Lake Phalen, The American Cooperative offers single level home ownership for buyers 62+. #211 features 2 bedroom, 2 bath, den, 20' deck, oversized laundry, kitchen island, pantry room, granite countertops, stainless steel appliances, dining room. The American Cooperative common areas include a club room, catering kitchen, BBQ, gardening area, billiards, fitness, first floor terrace, and fifth floor roof top deck overlooking Lake Phalen. 1 underground parking stall and surface parking is included. 2nd stall available for purchase. Membership in the cooperative requires a down payment (the "share price") and a monthly fee which covers all home and common area utilities (except in home electric), RE taxes, insurance, storage, parking, reserves, ALL unit and common area maintenance, property mgmt., and portion of the master mortgage. Building opens in June of 2025. Don't miss out!

    Listing

    Contingency: None
    Price per sq ft: $192
    City: Maplewood
    County: Ramsey
    State: MN
    Property Style: High Rise (4+ Levels)
    Zip Code: 55109
    Community Name: The American Cooperative on Lake Phalen

    Interior

    Living Area: 1,419 ft2
    Common Wall: Yes
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 1,419 ft2
    Handicap Accessible: Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, Sight Impaired
    Heating System: Forced Air
    Parking Features:
    • Heated Garage
    • Parking Lot

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None

    Lake & Waterfront

    Waterfront: Lake Front

    Lot & Land

    Acres: 2.023
    Geolocation: 44.9976071005, -93.0580493889
    Lot Dimensions: 324 x 490
    Zoning: Residential-Multi-Family

    Schools

    District Phone: 6517487410

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,500
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,500
    Association Fee Required: Yes
    Association Fee: $2,962
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Building Exterior
    • Cable TV
    • Controlled Access
    • Gas
    • Hazard Insurance
    • Heating
    • Internet
    • Lawn Care
    • Maintenance Grounds
    • Other
    • Parking
    • Professional Mgmt
    • Recreation Facility
    • Sanitation
    • Security System
    • Sewer
    • Shared Amenities
    • Snow Removal
    • Taxes
    • Water
    Association Company: Ebenezer
    Association Company Number: 6128743460

    Units

    Unit Number: 211

    Miscellaneous

    Completion Date: 07/01/2025
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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.
    Connect with Eric today to get started with your home purchase!

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