$175,000
SOLD JUL 25, 2025
1 Bed
1 Bath
788 Sq Ft
$674/mo HOA Fee

Recently Sold

$222 Per Sq Ft

10% Below List Price

51 Days on Market

Highlights

  • Sauna
  • Main Floor Primary Bedroom
  • Elevator
  • City View
  • Corner Lot
  • 4-minute walk to Loring Park

About This Home

As of July 2025

Welcome to this lovely 1-bedroom, 1-bath top floor Minneapolis condominium with a dedicated 1 car heated underground garage stall and storage closet. Located on the 7th floor of the Loring Way Condominium building, this home provides fantastic western views of Loring Park, The Basilica, the Sculpture Gardens and downtown Minneapolis. Many new light fixtures and new carpet throughout the home. Amenities include an updated onsite fitness center, sauna, social area with gathering commons, games, community library and resident coordinated activities. The beautiful 2nd level sundeck has been recently remodeled with new furnishings and firepits and provides an outdoor oasis in the heart of the city. There is a large, off-street guest parking area for family, friends and guests. This well-managed community is known for its security, professional management and well-appointed common areas. You’ll only be minutes to downtown restaurants, cafes, shopping, museums, cultural attractions, parks and bike paths. And convenient access to the nearby highways and freeways. Visit this chic downtown condo and get ready to make this your new HOME!

Last Agent to Sell the Property

Jeffrey Baechler

Coldwell Banker Realty Brokerage Phone: 952-388-8010 Listed on: 05/02/2025

Coldwell Banker Realty

Last Buyer's Agent

Cynthia Frattallone

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1979

HOA Fees

  • $674 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924240490

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
  • First Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0194 Loring Way Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,426

Year Built

Built in 1979

Lot Details

0

HOA Fees

$674 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, No Stairs Internal, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Laundry, Concrete Floors & Walls, Deck, Elevator(s), Lobby Entrance, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 788
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28 x 28
  • Attribution Contact: 952-388-8010
  • Attribution Contact: 952-388-8010
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 788
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Living Room, Kitchen, Dining Room
  • Shared Rooms: Community Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • ConstructionMaterialsDesc: Other,Brick,Concrete,Frame
  • Neighborhood: Loring Park

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Other
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 674
  • Association: Yes
  • Amenities Unit: Balcony,City View,Main Floor Primary Bedroom,Panoramic View

Association/Amenities

  • HOA Management Co: First Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2702924240490
  • Tax Annual Amount: 2426
  • TaxWithAssessments: 2426.2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jul 25, 2025
Sold by
Coy Christopher Michael and Coy Hailey
Bought by
Gilliam Teresa A
Seller's Agent
Jeffrey Baechler
Coldwell Banker Realty
Buyer's Agent
Cynthia Frattallone
Coldwell Banker Realty
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.51%
Original Mortgage
$148,750
Outstanding Balance
$148,498
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$25,996

Purchase Details

Closed on
Apr 7, 2018
Sold by
Reger John
Bought by
Coy Christopher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,120
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Waelti Brian L
Bought by
Reger John

Purchase Details

Closed on
Feb 23, 2001
Sold by
Desmond Joseph B
Bought by
Waelti Brian L

Purchase Details

Closed on
May 25, 2000
Sold by
Horwitz Sylvia L
Bought by
Desmond Joseph B
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 Type Sale Price Title Company
Warranty Deed $175,000 Burnet Title
Warranty Deed $169,600 Cornerstone Title Inc
Warranty Deed $189,000 --
Warranty Deed $143,000 --
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,750 New Conventional
Previous Owner $161,120 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $175,000 -7.8% $222 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $189,900 -2.6% $241 / Sq Ft
05/04/2025 05/04/25 For Sale $194,900 -- $247 / 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 $2,426 $162,000 $29,000 $133,000
2023 $2,393 $182,000 $29,000 $153,000
2022 $2,873 $192,000 $27,000 $165,000
2021 $2,640 $206,000 $26,000 $180,000
2020 $2,860 $196,000 $19,200 $176,800
2019 $2,946 $196,000 $12,800 $183,200
2018 $2,769 $196,000 $12,800 $183,200
2017 $2,699 $174,000 $12,800 $161,200
2016 $2,600 $163,500 $12,800 $150,700
2015 $2,363 $141,500 $12,800 $128,700
2014 -- $118,000 $12,800 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6700663

NorthstarMLS

APN: 27-029-24-24-0490