$340,000
SOLD DEC 3, 2024
1 Bed
1 Bath
1,180 Sq Ft
$738/mo HOA Fee

Recently Sold

$288 Per Sq Ft

1% Below List Price

114 Days on Market

Highlights

  • 44,431 Sq Ft lot
  • Great Room
  • 1 Car Attached Garage
  • Deck
  • Den
  • Parking Storage or Cabinetry

About This Home

As of December 2024

Discover urban luxury living in this stunning south-facing loft at the iconic International Market Square building. Perched on the coveted 8th floor, this bright and airy unit offers much to be enjoyed: Expansive south-facing views through three banks of oversized windows, versatile den area that can be easily converted into a second bedroom or home office, beautiful original hardwood floors throughout, Spacious double-sinks in the bathroom, Extra-large storage unit and outdoor patio.Residents of IMS Lofts enjoy 24-hour secured access, underground parking, and a prime location across from the Minneapolis Farmers Market, restaurants and downtown attractions. This top-floor unit combines the building's industrial charm - exposed brick, high ceilings, and open layout - with modern amenities for comfortable city living.

Last Agent to Sell the Property

Lindsey Wold

Engel & Volkers Minneapolis Downtown

Engel & Volkers Minneapolis Downtown

Last Buyer's Agent

Zach Olson

DRG

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1905

HOA Fees

  • $738 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Den

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • Association fees include air conditioning, maintenance structure, controlled access, electricity, gas, 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

Listing and Financial Details

  • Assessor Parcel Number 2102924440148

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,964

Year Built

Built in 1905

Lot Details

0

HOA Fees

$738 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1180
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1180
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Kitchen, Great Room, Deck, Den

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Sumner - Glenwood

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Garage Door Opener, Gravel, Guest Parking, Parking Garage, Paved, Secured, Shared Garage/Stall, Storage

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Electricity, Gas, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 738
  • Association: Yes

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: 0
  • Lot Size Sq Ft: 44431.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2102924440148
  • Tax Annual Amount: 3964
  • TaxWithAssessments: 4225.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Nov 26, 2024
Sold by
Chadbourn Andrew T and Chadbourn Krista
Bought by
Hoffmann Mark
Seller's Agent
Lindsey Wold
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Zach Olson
DRG
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Total Days on Market
114
Views
340
Current Estimated Value
$332,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,305
Avg. Annual Appreciation
-4.42%
Original Mortgage
$340,000
Outstanding Balance
$338,717
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$6,022

Purchase Details

Closed on
Jul 20, 2016
Sold by
Morgan Jennifer Jennifer
Bought by
Chadbourn Andrew Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
3.42%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Dekker Douglas J and Dahl Brandon T
Bought by
Morgan Jennifer Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2009
Sold by
Ims Lofts Llc
Bought by
Carpenter Terry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2005
Sold by
Carpenter Terry F
Bought by
Dekker Douglas J and Dahl Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
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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 $340,000 All American Title
Deed $340,000 --
Deed $305,000 --
Warranty Deed $287,000 Edina Realty Title Inc
Warranty Deed $225,000 --
Warranty Deed $217,500 Executive Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Closed $272,000 New Conventional
Previous Owner $254,000 New Conventional
Previous Owner $274,500 No Value Available
Previous Owner $247,000 Adjustable Rate Mortgage/ARM
Previous Owner $163,265 Adjustable Rate Mortgage/ARM
Previous Owner $218,250 Adjustable Rate Mortgage/ARM
Previous Owner $174,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $340,000 -1.4% $288 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $345,000 +1.5% $292 / Sq Ft
10/22/2024 10/22/24 Off Market $340,000 -- --
09/02/2024 09/02/24 Price Changed $345,000 -4.2% $292 / Sq Ft
07/20/2024 07/20/24 For Sale $360,000 -- $305 / 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 $3,964 $312,000 $6,000 $306,000
2022 $4,599 $328,000 $6,000 $322,000
2021 $4,441 $338,000 $5,000 $333,000
2020 $4,375 $338,000 $500 $337,500
2019 $4,508 $310,000 $500 $309,500
2018 $4,785 $310,000 $500 $309,500
2017 $4,423 $296,500 $500 $296,000
2016 $4,306 $281,000 $500 $280,500
2015 $3,891 $246,000 $500 $245,500
2014 -- $223,500 $500 $223,000
Source: Public Records

Source: NorthstarMLS

MLS Number: 6556902

NorthstarMLS

APN: 21-029-24-44-0148