$263,000
SOLD JAN 6, 2025
2 Beds
1.5 Baths
1,292 Sq Ft
$520/mo HOA Fee

Recently Sold

$204 Per Sq Ft

8% Below List Price

86 Days on Market

Highlights

  • 25,570 Sq Ft lot
  • Stainless Steel Appliances
  • Walk-In Closet
  • Elevator
  • 2 Car Attached Garage
  • 3-minute walk to Stevens Square Park

About This Home

As of January 2025

Hard to find 2 story loft. 2 Bed, 2 Bath, 2 Parking Spots. Located on the top floor of an owner-occupied building, this unit features walls of windows for optimal natural daylight throughout a great room with 18' ceilings, beautifully remodeled kitchen with quartz counters, tile backsplash, stainless steel appliances, maple cabinetry and center island with seating, and an informal dining area with access to a private balcony. Main level also offers new laminate flooring and convenient 1/2 bath and laundry closet. Upstairs presents new carpet throughout an open bedroom with large windows overlooking the city and great room below, 2nd bedroom/office space, huge walk-in closet, full bath, plus a 2nd extra-wide double closet. Just outside of Downtown Minneapolis. Enjoy all the city has to offer.

Last Agent to Sell the Property

Thomas Robin

Real Broker, LLC Listed on: 09/10/2024

Real Broker, LLC

Last Buyer's Agent

Anna Ryan

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 2003

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,292 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924440194

Community Details

Overview

  • Association fees include cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • Fsr Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Cic 1151 Lofts On Arts Ave Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,263

Year Built

Built in 2003

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1292
  • 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, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1292
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Dining Room, Living Room, Bedroom 1, Bedroom 2, Kitchen, Walk In Closet, Laundry
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Flat, Tar/Gravel
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Controlled Access, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 520
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Exercise Room,Indoor Sprinklers,Kitchen Center Island,Patio,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: FSR

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 128x201
  • Lot Size Sq Ft: 25569.72
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924440194
  • Tax Annual Amount: 3263
  • TaxWithAssessments: 3263.2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Jan 6, 2025
Sold by
Morris Patrick Sherman and Morris Jillian Keiko
Bought by
Fiandt Michael
Seller's Agent
Thomas Robin
Real Broker, LLC
Buyer's Agent
Anna Ryan
RE/MAX Results
List Price
$285,000
Sold Price
$263,000
Premium/Discount to List
-$22,000
-7.72%
Total Days on Market
86
Views
52
Current Estimated Value
$257,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,275
Avg. Annual Appreciation
-4.82%
Original Mortgage
$255,110
Outstanding Balance
$254,459
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$3,266

Purchase Details

Closed on
Oct 27, 2021
Sold by
Hoang Van Thien and Ly Tai Shan
Bought by
Morris Patrick Sherman and Morris Jillian Keiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Brogie Beverly
Bought by
Hoang Van Thien and Ly Tai Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
3.75%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Pilnock Melanie B
Bought by
Brogie Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Bd Art Lofts Llc
Bought by
Pilnock Melanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

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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 $263,000 Land Title
Warranty Deed $263,000 Land Title
Warranty Deed $289,000 Watermark Title Agency
Warranty Deed $257,500 Titlesmart Inc
Warranty Deed $210,000 --
Warranty Deed $166,701 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,110 New Conventional
Closed $255,110 New Conventional
Previous Owner $274,550 New Conventional
Previous Owner $231,750 No Value Available
Previous Owner $65,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $263,000 +1.2% $204 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $259,900 -8.8% $201 / Sq Ft
09/10/2024 09/10/24 For Sale $285,000 -- $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
2023 $3,289 $263,000 $8,000 $255,000
2022 $3,465 $250,000 $7,000 $243,000
2021 $3,430 $250,000 $5,000 $245,000
2020 $3,171 $248,000 $7,300 $240,700
2019 $3,269 $232,000 $7,300 $224,700
2018 $3,212 $232,000 $7,300 $224,700
2017 $2,805 $198,000 $7,300 $190,700
2016 $2,624 $182,000 $7,300 $174,700
2015 $2,402 $161,500 $7,300 $154,200
2014 -- $157,500 $7,300 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6600543

NorthstarMLS

APN: 27-029-24-44-0194