NOT LISTED FOR SALE

Estimated Value: $274,000 - $371,000

1 Bed
1 Bath
1,005 Sq Ft
1.02 Acres

Highlights

  • No HOA
  • 1-Story Property
  • Heated Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • High-Rise Condominium

About This Home

As of August 2023

11 ft ceilings and a skyline view from your private balcony make this converted loft a must see. Amazing details include wall of south-facing windows, exposed exterior brick, hardwood floors, full-size washer & dryer, custom closet organizers, and bathroom with dual vanity & large walk-in shower. You'll love the gourmet kitchen with granite countertops, tiled backsplash, gas oven & large island. IMS Lofts allows direct access to the city's premier center for design. Included in rent: 1 indoor parking stall, storage unit, building heat & A/C, water/sewer/trash, basic cable & internet; you only need to pay for electricity!

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 05/22/2023

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1905

Lot Details

  • 1.02

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Ims Lofts Subdivision

Listing and Financial Details

  • Property Available on 7/1/23
  • The owner pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 2102924440120

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,524

Year Built

Built in 1905

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2023-07-01
  • Lease Price: 2150.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2150.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1005
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1005
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • SqFtTotal: 1005.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Sumner - Glenwood

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2102924440120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Wold Brian and Wold Emily
Bought by
Patil Gupta Tejashree
Current Estimated Value
$306,599

Purchase Details

Closed on
Aug 27, 2018
Sold by
Shepherd Margaret Barid and Shepherd Vincent L
Bought by
Shepherd Margaret Baird and Margaret Baird E Shepherd Revocable Trus

Purchase Details

Closed on
Nov 16, 2015
Sold by
Bimbra Surinder S and Bimbra Harnam
Bought by
Weinberg Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Tmt Rental Iv Llc
Bought by
Bimbra Surinder S

Purchase Details

Closed on
Jun 14, 2006
Sold by
Ims Lofts Llc
Bought by
Tmt Rental Iv Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Patil Gupta Tejashree $285,000 Titlenexus Llc
Shepherd Margaret Baird -- None Available
Weinberg Emily $229,000 Edina Realty Title Inc
Bimbra Surinder S $166,000 --
Tmt Rental Iv Llc $266,179 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinberg Emily $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $2,150 0.0% --
05/22/2023 05/22/23 For Rent $2,150 -- --
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 $3,524 $270,000 $5,000 $265,000
2022 $4,061 $284,000 $5,000 $279,000
2021 $3,919 $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

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Map

Source: NorthstarMLS

MLS Number: 6374535

NorthstarMLS

APN: 21-029-24-44-0120