290 Market St Unit 416 Minneapolis, MN 55405
Sumner-Glenwood NeighborhoodEstimated Value: $284,000 - $329,000
1
Bed
1
Bath
1,030
Sq Ft
$631/mo
HOA Fee
Highlights
- Deck
- Elevator
- Living Room
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- 1-Story Property
About This Home
As of March 2023For the true loft lover, this expansive and bright IMS Lofts 1BR, 1BA is located on the SE side of the building with southern exposure, huge oversized windows, 10 ft. ceilings, your own private balcony, and one dedicated parking space and a private storage unit. Features include original solid hardwood flooring, gourmet kitchen with large island, gas range, stainless steel appliances, and granite counter tops. The spacious bedroom has floor to ceiling glass doors and walk-in closet. A home office built into the adjacent kitchen alcove is a space saving solution with sliding doors to close when you are "out-of-office!" The floor plan creates the perfect flow for everyday living. Located in the quickly developing 'West Loop' area at International Market Square. These historic lofts were converted from the Munsingwear factory in 2005. Live in one of the most unique urban residences in Minneapolis. Walking distance to all downtown attractions & Farmer's Market.
Last Listed By
Coldwell Banker Realty Brokerage Phone: 614-256-8500 Listed on: 01/24/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,924
Year Built
- Built in 1905
Lot Details
- 1.02
HOA Fees
- $631 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,030 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2102924440088
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1343 The Lofts At Internationa Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2023
Closed on
Feb 27, 2023
Sold by
Gjerdingen Nathan and Gjerdingen Kristina
Bought by
Bendson Ann Denise Lumba and Godwin Kayce Lee
Seller's Agent
Shane Spencer
Coldwell Banker Realty
Buyer's Agent
Freddy Jara
Coldwell Banker Realty
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Total Days on Market
0
Views
18
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
$7,646
Avg. Annual Appreciation
1.13%
Original Mortgage
$240,000
Outstanding Balance
$233,802
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$73,844
Purchase Details
Closed on
Oct 7, 2020
Sold by
Palda John
Bought by
Gjerdingen Nathan and Rose Kristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,700
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2014
Sold by
Holz Jeff
Bought by
Palda John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2011
Sold by
Heim Lisa
Bought by
Bac Homes Loans Servicing Lp and Countrywide Home Loans Servicing Lp
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bendson Ann Denise Lumba | $300,000 | Burnet Title | |
| Gjerdingen Nathan | $283,000 | Minnesota Title | |
| Palda John | $225,000 | Titlenexus Llc | |
| Bac Homes Loans Servicing Lp | -- | None Available | |
| Rose Kristina Kristina | $283,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bendson Ann Denise Lumba | $240,000 | |
| Previous Owner | Gjerdingen Nathan | $254,700 | |
| Previous Owner | Palda John | $120,000 | |
| Previous Owner | Heim Lisa | $202,550 | |
| Closed | Rose Kristina Kristina | $254,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $300,000 | 0.0% | $291 / Sq Ft |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $299,900 | -- | $291 / 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 | $3,372 | $270,000 | $5,000 | $265,000 |
| 2022 | $3,924 | $284,000 | $5,000 | $279,000 |
| 2021 | $3,790 | $293,000 | $4,000 | $289,000 |
| 2020 | $3,734 | $293,000 | $400 | $292,600 |
| 2019 | $3,849 | $269,000 | $400 | $268,600 |
| 2018 | $3,585 | $269,000 | $400 | $268,600 |
| 2017 | $3,278 | $227,500 | $400 | $227,100 |
| 2016 | $3,191 | $216,000 | $400 | $215,600 |
| 2015 | $2,866 | $189,000 | $400 | $188,600 |
| 2014 | -- | $171,500 | $400 | $171,100 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Spencer
Seller's Agent in 2023
Shane Spencer
Coldwell Banker Burnet
(614) 256-8500
2 in this area
76 Total Sales
-
Freddy Jara
Buyer's Agent in 2023
Freddy Jara
Coldwell Banker Burnet
(612) 723-6924
1 in this area
68 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6323993
APN: 21-029-24-44-0088
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