$150,000
SOLD NOV 7, 2025
1 Bed
1 Bath
1,057 Sq Ft
$530/mo HOA Fee

Recently Sold

$142 Per Sq Ft

14% Below List Price

47 Days on Market

Highlights

  • 25,613 Sq Ft lot
  • Electric Vehicle Home Charger
  • Storage Room
  • Deck
  • Patio
  • 3-minute walk to Stevens Square Park

About This Home

As of November 2025

Update: For eligible buyers, there may be special financing available through the City of Minneapolis, an assumable loan with favorable terms for those who qualify. Welcome to Lofts on Arts Avenue, where modern design meets urban convenience. This beautifully maintained 1-bedroom, 1-bath loft-style condo offers an open floor plan with soaring ceilings and expansive east-facing windows that fill the space with natural morning light. The kitchen flows into the spacious living and dining areas, perfect for entertaining or relaxing. The lofted bedroom overlooks the main level, offering a private yet open retreat, while in-unit laundry adds everyday functionality. Enjoy access to underground heated parking, a community room ideal for gatherings or remote work, a fitness center, and a shared outdoor patio with grills, perfect for summer evenings and socializing. Located just steps from the Minneapolis Convention Center, this condo is ideally situated for urban living, with dining, entertainment, and public transit all within walking distance.

Last Agent to Sell the Property

Cari Linn

Coldwell Banker Realty Brokerage Phone: 612-812-9863 Listed on: 09/05/2025

Coldwell Banker Realty

Co-Listed By

Todd Walker

Coldwell Banker Realty Brokerage Phone: 612-812-9863

Last Buyer's Agent

Aaron Eisenberg

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 2003

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,057 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Zero Lot Line

Listing and Financial Details

  • Assessor Parcel Number 2702924440197

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, internet, ground maintenance, professional mgmt, trash, sewer, shared amenities, snow removal
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Lofts On Art Ave Subdivision

Additional Features

  • Lobby
  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,357

Year Built

Built in 2003

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1057
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-812-9863
  • Attribution Contact: 612-812-9863
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1057
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Deck, Storage
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Steven's Square - Loring Heights
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Secured, 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, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 530
  • Association: Yes
  • Amenities Unit: Balcony,Indoor Sprinklers,Kitchen Center Island,Natural Woodwork,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 25613.28
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2702924440197
  • Tax Annual Amount: 3357
  • TaxWithAssessments: 3357.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2025
Closed on
Nov 6, 2025
Sold by
Rapp Carol L
Bought by
Wolf Kaylin and Wolf Bruce
Seller's Agent
Cari Linn
Coldwell Banker Realty
Buyer's Agent
Aaron Eisenberg
Keller Williams Realty Integrity Lakes
List Price
$174,900
Sold Price
$150,000
Premium/Discount to List
-$24,900
-14.24%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1005.88%
Original Mortgage
$85,000
Outstanding Balance
$85,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$115,141
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $150,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Sold $150,000 -6.2% $142 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
09/29/2025 09/29/25 Price Changed $159,900 -8.6% $151 / Sq Ft
09/05/2025 09/05/25 For Sale $174,900 -- $165 / 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 $3,357 $247,000 $7,000 $240,000
2023 $3,071 $248,000 $7,000 $241,000
2022 $3,081 $236,000 $6,000 $230,000
2021 $3,051 $236,000 $5,000 $231,000
2020 $2,960 $234,500 $6,200 $228,300
2019 $3,053 $219,000 $6,200 $212,800
2018 $2,995 $219,000 $6,200 $212,800
2017 $2,608 $186,500 $6,200 $180,300
2016 $2,430 $171,000 $6,200 $164,800
2015 $2,223 $152,000 $6,200 $145,800
2014 -- $148,000 $6,200 $141,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6783472

NorthstarMLS

APN: 27-029-24-44-0197