$425,000
SOLD SEP 30, 2025
2 Beds
2 Baths
1,404 Sq Ft
$729/mo HOA Fee

Recently Sold

$303 Per Sq Ft

6% Below List Price

48 Days on Market

Highlights

  • Stainless Steel Appliances
  • Living Room
  • Lobby
  • 1 Car Attached Garage
  • No Interior Steps
  • Guest Parking

About This Home

As of September 2025

Welcome to this stunning 2 bed, 2 bath condo in the heart of the highly sought-after North Loop neighborhood. Located in the premier 5th Avenue Lofts, this sixth-floor unit features 10-foot ceilings, hardwood floors, and an open-concept layout filled with natural light.

The impressive kitchen boasts granite countertops, stainless steel appliances, and a massive center island—perfect for entertaining. Enjoy contemporary finishes throughout, along with a Juliet balcony offering terrific city views.

The primary suite includes a custom walk-in closet system and a full en-suite bath. The second bedroom is ideal as a guest room, den, or home office, and is paired with a second full tiled bathroom. Additional highlights include in-unit laundry, abundant storage, and secure underground parking.

Building amenities include a fitness center, community room, dog run, two rooftop decks with skyline views, and secured access. All just steps from the area’s best dining, shopping, and riverfront trails.

Hoa fee includes trash, water/sewer, parking, secured building, fitness center, community room, rooftops, etc. HOA docs are located in supplements. Agent Owned, immediate occupancy, no problem.

Last Agent to Sell the Property

Tina Lockner

RE/MAX Results Listed on: 07/31/2025

RE/MAX Results

Co-Listed By

Macarthur Lockner

RE/MAX Results

Last Buyer's Agent

Fritz Kroll

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 2005

HOA Fees

  • $729 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2202924131057

Community Details

Overview

  • Association fees include maintenance structure, controlled access, gas, hazard insurance, ground maintenance, parking, professional mgmt, trash, sewer, snow removal
  • Gassen Mgmt Association, Phone Number (952) 922-5575
  • High-Rise Condominium
  • Cic 1428 Security Warehouse/5Th Ave Subdivision

Additional Features

  • Lobby
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,960

Year Built

Built in 2005

Lot Details

0

HOA Fees

$729 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 Internal
  • Water Source: City Water - In Street
  • Association Amenities: Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1404
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1404
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Other

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: North Loop
  • PatioPorchType: Other

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Secured, Underground

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Gas, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 729
  • Association: Yes
  • Amenities Unit: Cable,Exercise Room,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Gassen Mgmt

Schools

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

Lot Info

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2202924131057
  • Tax Annual Amount: 6960
  • TaxWithAssessments: 6960.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2025
Closed on
Sep 30, 2025
Sold by
J3t Llc
Bought by
Clark Leofwin
Seller's Agent
Tina Lockner
RE/MAX Results
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Dec 17, 2024
Sold by
Rayl Thomas
Bought by
Cardinal Financial Company

Purchase Details

Closed on
Aug 25, 2021
Sold by
Hilden Jay W and Hanson Sarah E
Bought by
Rayl Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,910
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Aleen David Kreth and Aleen Luis F
Bought by
Hilden Jay W and Hanson Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Security Warehouse Lofts Llc
Bought by
Allen David K and Coenen Scott A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $425,000 Results Title
Sheriffs Deed $355,800 --
Warranty Deed $509,900 Titlenexus Llc
Warranty Deed $460,000 Titlenexus Llc
Warranty Deed $300,000 --
Deed $509,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $458,910 New Conventional
Previous Owner $414,000 New Conventional
Closed $458,910 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $425,000 -2.3% $303 / Sq Ft
09/17/2025 09/17/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $434,900 -3.4% $310 / Sq Ft
07/31/2025 07/31/25 For Sale $450,000 -- $321 / 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
2024 $6,693 $450,000 $55,000 $395,000
2023 $6,187 $474,000 $43,000 $431,000
2022 $6,569 $474,000 $39,000 $435,000
2021 $6,340 $474,000 $33,100 $440,900
2020 $6,870 $474,000 $33,100 $440,900
2019 $6,868 $474,000 $22,100 $451,900
2018 $6,457 $460,000 $22,100 $437,900
2017 $6,271 $405,500 $9,100 $396,400
2016 $5,953 $376,500 $9,100 $367,400
2015 $5,297 $323,500 $9,100 $314,400
2014 -- $295,000 $9,100 $285,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6764430

NorthstarMLS

APN: 22-029-24-13-1057