David Rakowczyk
Coldwell Banker Realty
(651) 376-2691
116 Total Sales
1 in Elliot Park
$561,120 Price
Sexton Lofts 521 S 7th St Unit 402 Minneapolis, MN 55415
Elliot Park NeighborhoodEstimated Value: $186,000 - $202,000
1
Bed
1
Bath
800
Sq Ft
0.63
Acre Lot
Highlights
- City View
- Loft
- Stainless Steel Appliances
- Main Floor Primary Bedroom
- Corner Lot
- 5-minute walk to The Commons
About This Home
As of May 2024Sexton Lofts, originally built as a factory in 1926, was converted to residential loft condos in 2006 and have industrial design features like exposed brickwork, vaulted ceilings, and oversized windows. Located in the Elliot Park neighborhood on the edge of the Central Business District, the project is close to all that downtown living has to offer- numerous restaurants, shopping, and entertainment options, and blocks from the Light Rail and Skyway, US Bank Stadium, The Commons green space and cultural events hub, Elliot Park, Hennepin County Medical Center, The Armory, and North Central University. This 1 bedroom, 1 bath unit presents one of the most affordable ways to own a downtown Minneapolis loft condo- perfect for full time compact downtown living, an urban cabin or pied-a-terre. The project has a rooftop deck and inviting lobby shared by all condo owners. Sexton does not have it's own underground parking garage, but shares parking with Portland Tower and Centre Village.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,319
Year Built
- Built in 1926
Lot Details
- 0.63
HOA Fees
- $445 Monthly HOA Fees
Home Design
- Flat Roof Shape
Interior Spaces
- 800 Sq Ft Home
- 1-Story Property
- Loft
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- Off-Site Parking
- Parking Fee
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2602924230271
Community Details
Overview
- Association fees include air conditioning, maintenance structure, controlled access, gas, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Community
- Cic No 1434 Sexton Condo Unit No 402 Subdivision
Amenities
- Community Deck or Porch
- Lobby
Additional Features
- Security
- Fire Sprinkler System
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
Feb 20, 2024
Closed on
May 1, 2024
Sold by
Bought by
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Josh Pomerleau
JPW Realty
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,510
Avg. Annual Appreciation
6.41%
Original Mortgage
$164,900
Outstanding Balance
$160,966
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$34,544
Purchase Details
Closed on
Jun 6, 2022
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
$154,000
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2022
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
$154,000
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 20, 2019
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
$209,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2013
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
$132,905
Interest Rate
3.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2011
Sold by
Bought by
Purchase Details
Closed on
Mar 3, 2010
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Elliot Park, MN
-
David Rakowczyk
-
Brad Lacher
Brad Lacher
Real Broker, LLC
(952) 222-0415
127 Total Sales
3 in Elliot Park
$265K - $345K Price Range
-
Jennifer Giovinazzo
Jennifer Giovinazzo
eXp Realty
(651) 661-2759
129 Total Sales
1 in Elliot Park
$340,000 Price
-
Kristi Healy
Kristi Healy
Edina Realty, Inc.
(952) 222-0559
53 Total Sales
1 in Elliot Park
$250,000 Price
-
Graham Smith
Graham Smith
Keller Williams Realty Integrity Lakes
(763) 342-5386
337 Total Sales
1 in Elliot Park
$235,000 Price
-
Michael Peterson
Michael Peterson
Drive Results Realty
(612) 662-7231
47 Total Sales
1 in Elliot Park
$375,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $170,000 | Watermark Title Agency | ||
| $220,000 | -- | ||
| $220,000 | None Listed On Document | ||
| $220,000 | Titlenexus Llc | ||
| -- | Titlenexus Llc | ||
| $1,110,985 | -- | ||
| $1,111,000 | First American Title Insuran | ||
| $4,025,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $164,900 | ||
| Previous Owner | $154,000 | ||
| Previous Owner | $209,000 | ||
| Previous Owner | $132,905 |
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 |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $170,000 | -10.1% | $213 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | For Sale | $189,000 | -- | $236 / 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 | $2,595 | $194,000 | $30,000 | $164,000 |
| 2024 | $2,494 | $194,000 | $30,000 | $164,000 |
| 2023 | $2,532 | $194,000 | $14,000 | $180,000 |
| 2022 | $2,532 | $194,000 | $13,000 | $181,000 |
| 2021 | $2,607 | $200,000 | $11,000 | $189,000 |
| 2020 | $2,670 | $211,000 | $5,900 | $205,100 |
| 2019 | $2,725 | $201,000 | $3,900 | $197,100 |
| 2018 | $2,561 | $182,500 | $3,900 | $178,600 |
| 2017 | $2,532 | $157,500 | $3,900 | $153,600 |
| 2016 | $2,258 | $142,000 | $3,900 | $138,100 |
| 2015 | $2,096 | $125,500 | $3,900 | $121,600 |
| 2014 | -- | $120,500 | $3,900 | $116,600 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Klempp
Seller's Agent in 2024
Christian Klempp
Compass
(612) 669-1358
5 in this area
143 Total Sales
-
Josh Pomerleau
Buyer's Agent in 2024
Josh Pomerleau
JPW Realty
(763) 463-7580
1 in this area
1,297 Total Sales
-
J
Buyer Co-Listing Agent in 2024
Jonathan Hatfield
Results Support Services, Inc
About Sexton Lofts
Map
Source: NorthstarMLS
MLS Number: 6491706
APN: 26-029-24-23-0271
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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