B
Seller's Agent in 2025
Bill Johnson
Coldwell Banker Burnet
(612) 827-9436
1 in this area
21 Total Sales
250 Park Ave Unit 603 Minneapolis, MN 55415
Downtown East Neighborhood
2
Beds
1
Bath
1,022
Sq Ft
$751/mo
HOA Fee
Highlights
- Elevator
- 4-minute walk to Downtown East/Metrodome Station
- 1-Story Property
- 1 Car Attached Garage
- Living Room
- 3-minute walk to The Commons
About This Home
As of April 2025Welcome to your dream urban retreat in the Historic American Trios building! This stunning 2 bedroom, 1 bathroom downtown loft epitomizes luxury living with its perfect blend of historic charm and modern amenities. Upon entering, you'll be captivated by the soaring ceilings and exposed brick walls that create an airy, stylish ambiance. The Brazilian Cherry hardwood flooring adds a touch of sophistication. The heart of this home is the gourmet kitchen, featuring a top-of-the-line Viking range and beautiful cherry cabinets, making it a culinary enthusiast's paradise. Large downtown-facing windows flood the space with natural light and offer breathtaking skyline views that are sure to impress. This loft offers more than just a beautiful living space; it provides a lifestyle of convenience and luxury. Enjoy the ease of valet parking and take advantage of the shared amenities, including two workout rooms equipped with state-of-the-art equipment and a rooftop lounge complete with a grilling area and stunning views. The location is unbeatable, with the light rail, Trader Joe’s, Mill City Farmers Market, US Bank Stadium, and an off-leash dog park just steps away. Additionally, a plethora of restaurants and parks are within walking distance, ensuring you’re always close to the action. Experience the best of downtown living in the Historic American Trios building. This loft is more than just a home—it's a sanctuary where luxury meets convenience. Don't miss the opportunity to make this exceptional loft your own. Schedule a private showing today and see for yourself why this is truly a must-see property!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-702-7248 Listed on: 07/26/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,626
Year Built
- Built in 1900
Lot Details
- Zero Lot Line
HOA Fees
- $751 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Secure Parking
Interior Spaces
- 1,022 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2302924340647
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, valet parking
- Sudler Property Management Association, Phone Number (312) 751-0900
- High-Rise Condominium
- American Trio Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Apr 17, 2025
Sold by
Melford Michael and Cornell Lynn D
Bought by
Olson Leslie Ann
Seller's Agent
Bill Johnson
Coldwell Banker Realty
Buyer's Agent
Kathryn Buckley
Coldwell Banker Realty
List Price
$299,500
Sold Price
$246,500
Premium/Discount to List
-$53,000
-17.7%
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,117
Avg. Annual Appreciation
5.22%
Original Mortgage
$50,000
Outstanding Balance
$49,867
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$201,697
Purchase Details
Closed on
Sep 10, 2021
Sold by
Cornell Lynn D and Melford Michael
Bought by
Cornell Lynn D and Melford Michael
Purchase Details
Closed on
Nov 29, 2010
Sold by
Steinmann Scott P and Adams Jalie
Bought by
Cornell Lynn D
Purchase Details
Closed on
May 10, 2005
Sold by
American Trio Lofts Llc
Bought by
Steinmann Scott P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $246,500 | Burnet Title | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $215,500 | -- | |
| Warranty Deed | $290,565 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $246,500 | -1.2% | $241 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 03/09/2025 03/09/25 | Price Changed | $249,500 | -4.0% | $244 / Sq Ft |
| 01/23/2025 01/23/25 | Price Changed | $259,900 | -10.2% | $254 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $289,500 | +11.4% | $283 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $259,900 | -10.2% | $254 / Sq Ft |
| 09/28/2024 09/28/24 | Price Changed | $289,500 | -3.3% | $283 / Sq Ft |
| 07/26/2024 07/26/24 | For Sale | $299,500 | -- | $293 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,671 | $280,000 | $32,000 | $248,000 |
| 2022 | $4,092 | $270,000 | $30,000 | $240,000 |
| 2021 | $3,950 | $294,000 | $26,000 | $268,000 |
| 2020 | $4,504 | $294,000 | $13,200 | $280,800 |
| 2019 | $4,378 | $309,500 | $8,800 | $300,700 |
| 2018 | $4,120 | $292,000 | $8,800 | $283,200 |
| 2017 | $3,884 | $251,000 | $8,800 | $242,200 |
| 2016 | $3,825 | $240,500 | $8,800 | $231,700 |
| 2015 | $3,548 | $212,500 | $8,800 | $203,700 |
| 2014 | -- | $186,500 | $8,800 | $177,700 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Johnson
-
Kathryn Buckley
Buyer's Agent in 2025
Kathryn Buckley
Coldwell Banker Burnet
(612) 817-7554
1 in this area
46 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6575760
APN: 23-029-24-34-0647
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