Seller's Agent in 2022
John Wanninger
Lakes Sotheby's International Realty
(952) 240-7600
8 in this area
120 Total Sales
117 Portland Ave Unit 705 Minneapolis, MN 55401
Downtown East NeighborhoodEstimated Value: $1,005,064 - $1,082,000
2
Beds
2
Baths
2,321
Sq Ft
$1,680/mo
HOA Fee
Highlights
- River Front
- Deck
- Elevator
- Fireplace in Primary Bedroom
- Den
- 1-minute walk to Mill Ruins Park
About This Home
As of November 2022Historic North Star Lofts is a boutique 37 unit building located in the heart of the Historic Mill District along the Mississippi Riverfront. Dramatic "True Loft" with 24-foot ceilings, double height windows, exposed brick and concrete floors, beams, and columns. Incredible views of the downtown skyline. Freshly renovated kitchen with top of the line appliances. A spiral staircase leads to the upper level loft, open to the space below, and adjacent to the private rooftop deck with incredible sunsets. Two tandem parking stalls large enough for 4 cars or 3 cars with extra storage, which is the current situation. Fabulous spacious owners suite with a gas fireplace and skyline views. The fitness center and conference room are located near the foyer of the main level entrance, which is on level 3 with the main guest parking. The lower level entrance steps out to West River Parkway and the Stone Arch Bridge on level 1, with additional guest parking. Just a short walk to Gold Medal Park.
Last Agent to Sell the Property
Lakes Sotheby's International Realty Listed on: 08/17/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,165
Year Built
- Built in 1927
Lot Details
- River Front
- Additional Parcels
HOA Fees
- $1,680 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Heated Garage
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 2,321 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Den
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924340113
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 0823 North Star Lofts Cond Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2022
Closed on
Nov 10, 2022
Sold by
Bellows Brian E and Bellows Tracy S
Bought by
Holstine Scott
Seller's Agent
John Wanninger
Lakes Sotheby's International Realty
Buyer's Agent
Amanda Smock
LPT Realty, LLC
List Price
$1,450,000
Sold Price
$1,240,000
Premium/Discount to List
-$210,000
-14.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,645
Avg. Annual Appreciation
0.43%
Original Mortgage
$992,000
Outstanding Balance
$966,102
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$288,605
Purchase Details
Closed on
Feb 16, 2021
Sold by
Bemhardson Mark E and Bemhardson Ivy S
Bought by
Bellows Brian E and Bellows Tracy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 12, 2014
Sold by
Bousquet Jeanette L and Stevens Donald
Bought by
Bernhardson Mark E and Bernhardson Ivy S
Purchase Details
Closed on
Jul 9, 1999
Sold by
Brighton Development Co
Bought by
Bousquet Jeanette L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holstine Scott | $1,240,000 | Executive Title Services | |
| Bellows Brian E | $1,100,000 | Executive Title | |
| Bernhardson Mark E | $947,500 | Titlenexus Llc | |
| Bousquet Jeanette L | $470,832 | -- | |
| Bellows Brian Brian | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holstine Scott | $992,000 | |
| Previous Owner | Bellows Brian E | $880,000 | |
| Closed | Bellows Brian Brian | $880,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $1,240,000 | -8.1% | $534 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 09/21/2022 09/21/22 | Price Changed | $1,350,000 | -6.9% | $582 / Sq Ft |
| 08/17/2022 08/17/22 | For Sale | $1,450,000 | -- | $625 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $15,883 | $1,080,000 | $121,000 | $959,000 |
| 2022 | $21,165 | $1,137,000 | $111,000 | $1,026,000 |
| 2021 | $22,221 | $1,338,000 | $97,500 | $1,240,500 |
| 2020 | $24,050 | $1,446,500 | $97,500 | $1,349,000 |
| 2019 | $23,231 | $1,446,500 | $83,600 | $1,362,900 |
| 2018 | $21,376 | $1,364,500 | $83,600 | $1,280,900 |
| 2017 | $20,542 | $1,181,000 | $44,600 | $1,136,400 |
| 2016 | $18,075 | $1,023,500 | $44,600 | $978,900 |
| 2015 | $18,160 | $983,500 | $44,600 | $938,900 |
| 2014 | -- | $834,000 | $44,600 | $789,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Amanda Smock
LPT Realty, LLC
(952) 818-1661
1 in this area
43 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6250353
APN: 23-029-24-34-0113
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