$530,000
SOLD APR 16, 2025
2 Beds
2 Baths
1,637 Sq Ft
$1,028/mo HOA Fee

Recently Sold

$324 Per Sq Ft

9% Below List Price

47 Days on Market

Highlights

  • Heated Pool
  • 2 Car Attached Garage
  • Patio
  • Elevator
  • Walk-In Closet
  • 4-minute walk to Gold Medal Park

About This Home

As of April 2025

Experience elevated city living in this beautifully updated condo at the coveted Bridgewater Lofts in the heart of the Mill District. Designed for those who appreciate both style and function, this condo offers an inviting open-concept layout that flows seamlessly from the expansive living and dining area to a chef-inspired kitchen with a generous center island — perfect for morning coffee, casual gatherings, or culinary creations. The spacious front-facing deck is a true extension of your living space for taking in the city’s energy or dining alfresco. Every detail has been thoughtfully considered, from the layout to the high-quality finishes that elevate everyday living. Fresh updates breathe new life into the space, ensuring a home that is as timeless as it is move-in ready. With its perfect location — near the elevator, with storage just across the hall, convenience is woven into daily life. All of this is set within the iconic Mill District, where riverfront trails, Gold Medal Park, acclaimed restaurants, and vibrant cultural landmarks are just outside your door.

Last Agent to Sell the Property

Lynn Burn

Compass Listed on: 02/20/2025

Compass

Last Buyer's Agent

Mike Seebinger

DRG

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,799

Year Built

  • Built in 2006

HOA Fees

  • $1,028 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2602924120323

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 227-2700
  • High-Rise Condominium
  • Cic 1766 Bridgewater Lofts Subdivision

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,799

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,028 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1637
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1637
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Primary Bathroom, Walk In Closet, Bedroom 2, Bathroom
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Heated, Outdoor Pool, Shared
  • Neighborhood: Downtown East

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal
  • Phone: 952-227-2700
  • Association Fee: 1028
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Washer/Dryer Hookup

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: Common
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Other

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2602924120323
  • Tax Annual Amount: 6799
  • TaxWithAssessments: 6798.8400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 16, 2025
Sold by
Lynch James C and Lynch Patricia A
Bought by
Marna L Peterson Trust and Jeffrey R Peterson Trust
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Mike Seebinger
DRG
List Price
$579,900
Sold Price
$530,000
Premium/Discount to List
-$49,900
-8.6%
Views
50
Current Estimated Value
$548,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,141
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jul 16, 2008
Sold by
The Bridgewater Lofts Llc
Bought by
Lynch James C and Lynch Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.5%
Mortgage Type
New Conventional
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 $530,000 Watermark Title
Warranty Deed $391,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,500 New Conventional
Previous Owner $270,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $530,000 -3.6% $324 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $550,000 -2.7% $336 / Sq Ft
03/04/2025 03/04/25 Price Changed $565,000 -2.6% $345 / Sq Ft
02/20/2025 02/20/25 For Sale $579,900 -- $354 / 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 $5,991 $459,000 $30,000 $429,000
2022 $7,287 $479,000 $27,000 $452,000
2021 $7,480 $521,000 $22,000 $499,000
2020 $8,104 $548,500 $18,200 $530,300
2019 $8,345 $548,500 $9,100 $539,400
2018 $7,741 $548,500 $9,100 $539,400
2017 $7,198 $467,500 $9,100 $458,400
2016 $6,807 $428,000 $9,100 $418,900
2015 $6,481 $389,000 $9,100 $379,900
2014 -- $343,500 $9,100 $334,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6611593

NorthstarMLS

APN: 26-029-24-12-0323