$250,000
SOLD MAR 24, 2025
2 Beds
1.5 Baths
1,243 Sq Ft
$521/mo HOA Fee

Recently Sold

$201 Per Sq Ft

9% Below List Price

94 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Breakfast Bar
  • Elevator
  • Walk-In Closet
  • 3-minute walk to Stevens Square Park

About This Home

As of March 2025

Don’t miss this exceptional two-story loft condo, perfectly located just steps from downtown Minneapolis, offering both a prime location and ultimate convenience. The open-concept kitchen and living room feature soaring high ceilings, creating a bright, airy atmosphere. Hardwood floors flow seamlessly throughout the main level, beautifully complementing the sleek quartz countertops in the kitchen. The kitchen also has new copper hardware on the cabinetry, along with light fixtures above the island that feature elegant copper accents. The spacious walk-in closet is outfitted with custom shelving to maximize storage, while additional storage options are thoughtfully placed throughout the unit. Both bathrooms feature brand new faucets. For added convenience, there’s in-unit laundry and an underground parking garage with a designated spot. Shared amenities include a well-equipped workout room, a cozy lounge where residents can access a computer, printer, DVD's, and a microwave, as well as a charming backyard area with a grill for outdoor entertaining. This meticulously maintained condo blends modern living with urban convenience, making it a rare find in the heart of downtown Minneapolis.

Last Agent to Sell the Property

Kerby Skurat

RE/MAX Results Listed on: 12/12/2024

RE/MAX Results

Co-Listed By

Katlyn Chonos

RE/MAX Results

Last Buyer's Agent

Ryan Lee

HomeSmart Sapphire Realty

HomeSmart Sapphire Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 2003

HOA Fees

  • $521 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,243 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 2702924440182

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1151 Lofts On Arts Ave Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,257

Year Built

Built in 2003

Lot Details

0

HOA Fees

$521 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Lobby Entrance, Other
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1243
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1243
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Walk In Closet, Bedroom 1, Bedroom 2, Deck, Laundry
  • Shared Rooms: Amusement/Party Room,Business Center,Exercise Room,Media Room,Other

Beds/Baths

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

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: Steven's Square - Loring Heights
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Assigned, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Storage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 521
  • Association: Yes
  • Amenities Unit: Cable,Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 128x200
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot
  • Additional Parcels Description: 2702924440211
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2702924440182
  • Tax Annual Amount: 3257
  • TaxWithAssessments: 3257.2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Mar 24, 2025
Sold by
Ritschard Ethan
Bought by
Ronconi Family Trust
Seller's Agent
Kerby Skurat
RE/MAX Results
Buyer's Agent
Ryan Lee
HomeSmart Sapphire Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
91
Current Estimated Value
$254,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,735
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Dec 1, 2021
Sold by
Johnson Borelli Jacqueline and Johnson Borelli Nicolai
Bought by
Ritschard Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,103
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2017
Sold by
Ulness Sarah J
Bought by
Johnson Nicolai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $250,000 Stewart Title
Warranty Deed $259,900 Edina Realty Title Inc
Warranty Deed $222,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,103 New Conventional
Previous Owner $177,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2025 03/24/25 Sold $250,000 -3.8% $201 / Sq Ft
01/18/2025 01/18/25 Price Changed $260,000 -5.5% $209 / Sq Ft
12/19/2024 12/19/24 For Sale $275,000 -- $221 / 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
2024 $3,325 $245,000 $8,000 $237,000
2023 $3,113 $251,000 $8,000 $243,000
2022 $3,126 $239,000 $7,000 $232,000
2021 $3,107 $239,000 $5,000 $234,000
2020 $3,008 $237,500 $7,000 $230,500
2019 $3,102 $222,000 $7,000 $215,000
2018 $3,044 $222,000 $7,000 $215,000
2017 $2,640 $189,000 $7,000 $182,000
2016 $2,463 $173,500 $7,000 $166,500
2015 $2,249 $154,000 $7,000 $147,000
2014 -- $150,000 $7,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6637285

NorthstarMLS

APN: 27-029-24-44-0182