$175,000 - $214,000
RENTED MAY 1, 2025
1 Bed
1 Bath
922 Sq Ft
1.6 Acres

Highlights

  • 24-Hour Guard
  • City View
  • No HOA
  • Sauna
  • Main Floor Primary Bedroom
  • 4-minute walk to Loring Park

About This Home

As of May 2025

Beautifully remodeled one bedroom Loring Way condo with stunning Loring Park views. Watch sunsets from the west facing balcony. Luxury hardwood flooring throughout. New kitchen with custom cabinets, granite countertops, stainless steel appliances. Updated window treatments and lighting throughout. Generous in-unit storage and closets. Low utility costs, cable and internet is included in the rent, tenants pay electric and heat. One assigned underground parking stall A-84 and storage is included in the rent. Enjoy three large commercial capacity washers and dryers on each floor, at no cost to resident. Meet your neighbors at the first floor lobby with Wi-Fi, the health club, and a fabulous new sun deck. An easy stroll to downtown Minneapolis, sports stadiums, museums, parks, entertainment venues and restaurants. Loring Way is a well managed welcoming community! Rental criteria will be provided, excellent references needed, and renters insurance is mandatory.

Last Agent to Rent the Property

William Hirsch

Lakes Sotheby's International Realty Listed on: 03/14/2025

Lakes Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1979

Lot Details

  • Many Trees
  • Zero Lot Line

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Shared Driveway

Interior Spaces

  • 922 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/1/25
  • Tenant pays for heat
  • The owner pays for cable TV, trash collection, water
  • Assessor Parcel Number 2702924240336

Community Details

Overview

  • No Home Owners Association
  • Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, security, sewer, shared amenities, snow removal
  • High-Rise Condominium
  • Condo 0194 Loring Way Condo Subdivision

Amenities

  • Community Garden
  • Lobby

Building Details

  • Security

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,172

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-05-01
  • Lease Price: 1600.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 1600.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Sauna, Security, Security Lighting
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 922
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 922
  • Fireplace: No
  • Owner Pays: Cable TV, Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • Shared Rooms: Community Room,Exercise Room,Media Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Covered, Shared Driveway, Garage Door Opener, Heated Garage, Paved, 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, Controlled Access, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Association: No
  • Amenities Unit: Balcony,Cable,City View,Hardwood Floors,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Security System,In-Ground Sprinkler,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Many Trees, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2702924240336

Multi Family

  • TenantPays: Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Hamilton Sierra E
Bought by
Godsall Jonathan
Current Estimated Value
$190,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Outstanding Balance
$177,786
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$12,586

Purchase Details

Closed on
Jun 8, 2020
Sold by
Hamilton Thomas W and Hamilton Sharon M
Bought by
Hamilton Sierra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2014
Sold by
Gumbrill Jon L and Gumbrill Naomi
Bought by
Hamilton Sierra E and Hamilton Thomas W
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Godsall Jonathan $203,000 Burnet Title
Hamilton Sierra E -- None Available
Hamilton Sierra E $174,900 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godsall Jonathan $196,910
Previous Owner Hamilton Sierra E $155,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $1,600 0.0% --
03/14/2025 03/14/25 For Rent $1,600 -- --
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 $2,172 $174,000 $33,000 $141,000
2023 $2,545 $195,000 $33,000 $162,000
2022 $2,816 $208,000 $30,000 $178,000
2021 $2,403 $219,000 $29,000 $190,000
2020 $2,479 $195,500 $28,900 $166,600
2019 $2,558 $187,500 $14,500 $173,000
2018 $2,699 $187,500 $14,500 $173,000
2017 $2,612 $186,000 $14,500 $171,500
2016 $2,480 $174,500 $14,500 $160,000
2015 $2,308 $158,000 $14,500 $143,500
2014 -- $131,500 $14,500 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6685413

NorthstarMLS

APN: 27-029-24-24-0336