$362,000
SOLD JUN 12, 2026
2 Beds
2 Baths
1,514 Sq Ft
1.02 Acre Lot

Sale Details

Date Sold: June 12, 2026

$239 Per Sq Ft

5% Below List Price

56 Days on Market

Highlights

  • Building Security
  • 2 Car Attached Garage
  • 1-Story Property
  • The kitchen features windows
  • Eat-In Kitchen
  • Central Air

About This Home

As of June 2026

Opportunity to own a beautiful loft at an extraordinary price! The historic Lofts at IMS offer the look and feel of a true conversion loft. This spacious unit is a rare opportunity with over 1,500 square feet of bright, open loft living. Exposed brick, tall ceilings, hardwood floors and oversized windows create a classic urban feel, while the private balcony offers a 180 panoramic city view. The beautiful kitchen includes stainless appliances, distinctive granite countertops, vintage subway backsplash and plenty of cabinets. Generous primary suite with walk in closet and private bath. Two parking spaces, unlimited guest parking plus a spacious storage unit. Located in Minneapolis’ Design District next to the International Market Square, near Farmer’s Market, the North Loop, Downtown and Uptown. Just steps to breweries, dining, fitness studios, the river and miles of bike trails. Lowest $/sf in the building and $4,000 seller contribution available for buyer’s closing costs or interest rate buydown—helping lower cash to close or monthly payment.

Last Agent to Sell the Property

Richard Newman

DRG Listed on: 04/07/2026

Last Buyer's Agent

Devon White

DRG

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 1905

HOA Fees

  • $1,015 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Fee
  • Secure Parking

Home Design

  • Property Attached
  • Stone Exterior Construction

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2102924440113

Community Details

Overview

  • Association fees include air conditioning, building exterior, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, sanitation, security system, sewer, snow removal, water
  • Cities Management Association, Phone Number (612) 381-8600
  • High-Rise Community
  • The Lofts At Ims Subdivision

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,351

Year Built

Built in 1905

Lot Details

1.02 Acres

HOA Fees

$1,015 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central Air
  • Outside Features: Stone
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Security Building
  • Fee Frequency: Monthly
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1514
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1514
  • Fireplace: No
  • Basement YN: No

Beds/Baths

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

Exterior Features

  • Foundation Details: Other
  • Neighborhood: 75

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, More Parking Onsite for Fee, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security System, Sewer, Snow Removal, Water
  • Phone: 6123818600
  • Association Fee: 1015
  • Association: Yes
  • Amenities Unit: Balcony, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Cities Management

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2102924440113
  • Tax Annual Amount: 6351
  • TaxWithAssessments: 6351

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2026
Closed on
Jun 8, 2026
Sold by
Bought by
Seller's Agent
Richard Newman
DRG
Buyer's Agent
Devon White
DRG
List Price
$382,000
Sold Price
$362,000
Premium/Discount to List
-$20,000
-5.24%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.92%
Original Mortgage
$232,000
Outstanding Balance
$231,785
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$127,666

Purchase Details

Closed on
Nov 12, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,920
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,696
Interest Rate
6.38%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sumner-Glenwood, MN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $362,000 Titlenexus
Deed -- None Listed On Document
Warranty Deed $429,900 Executive Title Services
Warranty Deed $365,000 None Available
Warranty Deed $285,000 --
Warranty Deed $374,621 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $232,000 New Conventional
Previous Owner $343,920 New Conventional
Previous Owner $346,750 Adjustable Rate Mortgage/ARM
Previous Owner $270,750 New Conventional
Previous Owner $299,696 New Conventional
Previous Owner $37,462 Credit Line Revolving
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 Sold $362,000 0.0% $239 / Sq Ft
06/02/2026 06/02/26 Pending -- -- --
05/11/2026 05/11/26 Price Changed $362,000 -2.7% $239 / Sq Ft
04/30/2026 04/30/26 Price Changed $372,000 -2.6% $246 / Sq Ft
04/07/2026 04/07/26 For Sale $382,000 -- $252 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,610 $427,000 $15,000 $412,000
2024 $6,351 $427,000 $15,000 $412,000
2023 $5,574 $427,000 $7,000 $420,000
2022 $6,098 $427,000 $7,000 $420,000
2021 $5,885 $440,000 $6,000 $434,000
2020 $5,837 $440,000 $600 $439,400
2019 $6,012 $403,500 $600 $402,900
2018 $5,620 $403,500 $600 $402,900
2017 $5,263 $347,000 $600 $346,400
2016 $5,136 $329,500 $600 $328,900
2015 $4,647 $288,000 $600 $287,400
2014 -- $261,500 $600 $260,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7050516

NorthstarMLS

APN: 21-029-24-44-0113

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