290 Market St Unit 602 Minneapolis, MN 55405
Sumner-Glenwood Neighborhood
2
Beds
1
Bath
1,295
Sq Ft
$820/mo
HOA Fee
Highlights
- 44,431 Sq Ft lot
- Great Room
- Stainless Steel Appliances
- Deck
- Elevator
- 1 Car Attached Garage
About This Home
As of October 2024Everything a loft should be, but better! This 2 bedroom unit offers the best floor plan in IMS, with "just refreshed" original hardwood floors throughout, an open floor plan, enormous windows, a balcony, and exposed brick and ductwork. Note the size of the kitchen, with high quality cabinetry, granite countertops, stainless appliances, black fixtures. The spacious dining area has plenty of room for a bar setup, and features sweeping views to the North over green space. The large living area accommodates any size furnishings and style, and offers a nicely sized balcony. The primary bedroom has been cleverly placed to offer views morning and night, and features a walk-in closet and pass through bath with double sinks, good storage, and a nice deep tub. So much thought went into bringing natural light to every corner of this unit! Even the second bedroom has a glass door and clever horizontal window to receive as much sunshine as possible. Generously sized, use it as an office, workout room, or bedroom! The in-unit laundry is tucked into the huge closet in this room.You'll have your own assigned underground parking space, and a storage unit for overflow items. A skyway connects the parking ramp to the building to protect you from heat or cold year round!International Market Square is an iconic turn-of-the-century building, and was originally the Munsingwear textile factory. Housing very heavy moving equipment, the building has thick concrete walls and floors, helping insulate each unit from sound and movement. The high end condo conversion was in 2005. IMS Lofts is a special place, with friendly homeowners, a proactive and communicative association, on-site caretaker, and a newly updated security system. Enjoy downtown living without the downtown hassles of noise or lack of parking! Located just steps from the Minneapolis Farmer's Market, Sculpture Gardens, Walker Art Center, and a short walk to restaurants, coffee shops, and the soon-to-come light rail system!You'll love living here! Come see it before it's gone!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,416
Year Built
- Built in 1905
HOA Fees
- $820 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Guest Parking
- Secure Parking
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 1,295 Sq Ft Home
- 1-Story Property
- Great Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 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 2102924440108
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, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1343 The Lofts At Internationa Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Oct 16, 2024
Sold by
Snortland Alanna
Bought by
Harold Jones Revocable Trust Agreement D
Seller's Agent
Kimberly Black
RE/MAX Results
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Total Days on Market
67
Views
8
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
-$5,931
Avg. Annual Appreciation
-2.82%
Purchase Details
Closed on
Jul 29, 2021
Sold by
Kreisler Michael Nguyen
Bought by
Snortland Alanna Mikal
Purchase Details
Closed on
Apr 7, 2006
Sold by
Ims Lofts Llc
Bought by
Kreisler Michael Nguyen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $355,000 | -- | |
| Warranty Deed | $340,000 | Watermark Title Agency | |
| Warranty Deed | $330,000 | -- | |
| Deed | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $226,000 | New Conventional | |
| Previous Owner | $251,000 | New Conventional | |
| Previous Owner | $264,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Sold | $355,000 | -2.7% | $274 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $365,000 | -- | $282 / Sq Ft |
Source: NorthstarMLS
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 | $4,416 | $344,000 | $6,000 | $338,000 |
| 2022 | $5,123 | $362,000 | $6,000 | $356,000 |
| 2021 | $4,945 | $373,000 | $5,000 | $368,000 |
| 2020 | $4,874 | $373,000 | $600 | $372,400 |
| 2019 | $5,022 | $342,000 | $600 | $341,400 |
| 2018 | $4,687 | $342,000 | $600 | $341,400 |
| 2017 | $4,349 | $292,000 | $600 | $291,400 |
| 2016 | $4,244 | $277,500 | $600 | $276,900 |
| 2015 | $3,828 | $242,500 | $600 | $241,900 |
| 2014 | -- | $220,500 | $600 | $219,900 |
Source: Public Records
Source: NorthstarMLS
MLS Number: 6580516
APN: 21-029-24-44-0108
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