NOT LISTED FOR SALE

290 Market St Unit 603 Minneapolis, MN 55405

Sumner-Glenwood Neighborhood

Estimated Value: $348,000 - $414,000

2 Beds
1 Bath
1,295 Sq Ft
$780/mo HOA Fee

Last Sold May 18, 2023

Last sale price $375,000 $290 Per Sq Ft

Current estimated payment $3,253/month

35 Days on Market

Highlights

  • City View
  • Deck
  • Stainless Steel Appliances
  • 44,431 Sq Ft lot
  • Elevator
  • The kitchen features windows

About This Home

As of May 2023

IMS Lofts...everything a loft should be! Originally built as the Northwestern Knitting Company/Munsingwear textile factory, this Classic Revival building was perfectly suited to convert from a previous use to residential lofts. This 2 bedroom, 1 bath unit features hardwood floors, high ceilings, exposed brick, a private deck, 2 garage parking spaces and a large storage locker. The walkthrough bath has been beautifully updated while retaining the character of the building. The unit faces north and is filled with natural light throughout the day and is located on an upper floor providing panoramic city views and privacy (no neighboring building blocking views). This is one of the most desirable floor plans in IMS!

Last Listed By

Christian Klempp

Compass Listed on: 03/28/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 2006

Lot Details

  • 1.02

HOA Fees

  • $780 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2102924440109

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, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • The Lofts At International Market Square Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,303

Year Built

Built in 2006

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Lobby Entrance, Security, Security Lighting
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1295
  • 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, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1295
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Primary Bathroom, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Flat, Tar/Gravel
  • PoolFeatures: None
  • Neighborhood: Sumner - Glenwood
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Shared Driveway, Garage Door Opener, Parking Garage, Secured, Storage, Underground

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 780
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Tile Floors,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
  • Lot Size Sq Ft: 44431.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2102924440109
  • Tax Annual Amount: 5303
  • TaxWithAssessments: 5303.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2009
Sold by
Ims Lofts Llc
Bought by
Thomas Joshua R
Total Days on Market
35
Current Estimated Value
$373,833

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas Joshua R $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Joshua R $50,000
Open Thomas Joshua R $185,000
Closed Thomas Joshua R $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $375,000 0.0% $290 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $375,000 -- $290 / 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 $4,557 $354,000 $6,000 $348,000
2022 $5,303 $373,000 $6,000 $367,000
2021 $5,119 $385,000 $5,000 $380,000
2020 $5,046 $385,000 $600 $384,400
2019 $5,199 $353,000 $600 $352,400
2018 $4,858 $353,000 $600 $352,400
2017 $4,515 $302,000 $600 $301,400
2016 $4,408 $287,000 $600 $286,400
2015 $3,981 $251,000 $600 $250,400
2014 -- $228,000 $600 $227,400
Source: Public Records

Agents Affiliated with this Home

  • Christian Klempp

    Seller's Agent in 2023

    Christian Klempp

    Compass

    (612) 669-1358

    17 in this area

    165 Total Sales

    Christian Klempp
    Section Image
  • Bailey Zimbelmann

    Buyer's Agent in 2023

    Bailey Zimbelmann

    Root Down Realty, Inc

    (218) 380-2221

    1 in this area

    64 Total Sales

    Bailey Zimbelmann
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6343981

NorthstarMLS

APN: 21-029-24-44-0109

Minnesota Hennepin County Minneapolis 55405 Sumner-Glenwood

290 Market St Unit 603, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 290 Market St Unit 603, Minneapolis, MN 55405 since 28 March 2023 and is currently estimated at $373,833, approximately $288 per square foot. This property was built in 2006. 290 Market St Unit 603 is a home located in Hennepin County with nearby schools including Bryn Mawr Elementary School, Anwatin Middle School, and North Community High School.

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