$375,000
SOLD MAR 5, 2025
1 Bed
2 Baths
1,447 Sq Ft
$914/mo HOA Fee

Recently Sold

$259 Per Sq Ft

4% Below List Price

97 Days on Market

Highlights

  • 44,431 Sq Ft lot
  • Main Floor Primary Bedroom
  • Great Room
  • Deck
  • 1 Fireplace
  • Den

About This Home

As of March 2025

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 top floor 1 bedroom plus a large den (easily converted to a true 2nd bedroom), 2 bath unit features one of only 4 gas fireplaces in the project, freshly refinished original factory maple hardwood floors, high ceilings, exposed brick, a private deck, 2 garage parking spaces and a large storage locker. The condo has also been freshly painted throughout. 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 largest and most desirable floor plans in The Lofts at International Market Square.Please note all of the '04 and '07 units in IMS are the same floor plan and were originally marketed as 2 bedroom, 2 bath units- buyers were given the option to formally separate the 2nd bedroom space with the doors and glass used on the primary bedroom, or leave the space open to create a larger loft feel. The unit currently has the 2nd bedroom open to the great room. The original glass and door vendor is able to add the matching doors and glass as on the primary bedroom if that is the buyer's preference.

Last Agent to Sell the Property

Christian Klempp

Compass Listed on: 11/07/2024

Compass

Last Buyer's Agent

Drew Coleman

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 2006

HOA Fees

  • $914 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,447 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Den
  • Washer

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Hot Water Heating System
  • Boiler Heating System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 2102924440140

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1343 The Lofts At International Market Square Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,534

Year Built

Built in 2006

Lot Details

0

HOA Fees

$914 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, Hallways 42"+, No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1447
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas
  • Living Area: 1447
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Great Room, Kitchen, Bedroom 1, Den, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Gravel, Shared Driveway, Electric, Guest Parking, Parking Garage, Secured, Underground

Utilities

  • Heating: Boiler, Hot Water, Radiant
  • 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, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 914
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

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: 2024
  • Assessor Parcel Number: 2102924440140
  • Tax Annual Amount: 5534
  • TaxWithAssessments: 5534.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 5, 2025
Sold by
Martinson Lauren and Jacobs Jennifer
Bought by
Muckenhirn Casey
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Drew Coleman
Compass
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
1579
Current Estimated Value
$383,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,299
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
Nov 7, 2024
Closed on
Feb 12, 2025
Sold by
Martinson Alan
Bought by
Martinson Lauren and Jacobs Jennifer
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Drew Coleman
Compass
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
1579

Purchase Details

Listed on
Nov 7, 2024
Closed on
Feb 10, 2025
Sold by
Duane W Martinson Family Trust and Martinson Alan
Bought by
Martinson Alan
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Drew Coleman
Compass
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
1579
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $375,000 Watermark Title
Quit Claim Deed $500 None Listed On Document
Deed $500 None Listed On Document
Personal Reps Deed $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Credit Line Revolving
Previous Owner $51,330 Credit Line Revolving
Previous Owner $173,498 New Conventional
Previous Owner $195,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $375,000 -3.8% $259 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
11/09/2024 11/09/24 For Sale $390,000 -- $270 / 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 $5,534 $424,000 $7,000 $417,000
2022 $6,368 $446,000 $7,000 $439,000
2021 $6,146 $459,500 $6,000 $453,500
2020 $6,109 $459,500 $600 $458,900
2019 $6,293 $421,500 $600 $420,900
2018 $5,895 $421,500 $600 $420,900
2017 $5,520 $362,500 $600 $361,900
2016 $5,384 $344,000 $600 $343,400
2015 $4,881 $301,000 $600 $300,400
2014 -- $273,500 $600 $272,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6614627

NorthstarMLS

APN: 21-029-24-44-0140