B
Landlord's Agent in 2025
Britt Gerwick
DRG
(612) 210-2786
Sexton Lofts 521 S 7th St Unit 506 Minneapolis, MN 55415
Elliot Park Neighborhood
1
Bed
1
Bath
843
Sq Ft
0.63
Acres
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- Patio
- 1-Story Property
- 5-minute walk to The Commons
About This Home
As of July 2025Welcome to Sexton #506, a spacious and stylish 1-bedroom residence located in the heart of downtown. This beautifully designed unit features exposed brick walls that add a touch of historic character, complemented by expansive windows that flood the space with natural light throughout the day. Enjoy an open layout ideal for both relaxing and entertaining.Situated in a prime downtown location, you’ll be steps away from the city’s vibrant dining, shopping, and entertainment options. With easy access to major highways, commuting and weekend getaways are effortlessly convenient. Included with rent: 1 indoor heated parking stall, USI internet service, and water/sewer/trash. Tenant responsible for electricity and combined heat/AC/gas utility. App Fee: $78 per adult; Admin Fee: $150; HOA move-in fee: $350; Security Deposit is One Month’s Rent.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $2,450
Year Built
- Built in 1926
Lot Details
- 0.63
Parking
- 1 Car Garage
- Heated Garage
Interior Spaces
- 843 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- High-Rise Condominium
- Sexton Subdivision
Listing and Financial Details
- Property Available on 7/1/25
- Tenant pays for cable TV, gas, heat
- The owner pays for trash collection, water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2017
Sold by
Wikstrom Brian and Wikstrom Daryl
Bought by
Moti Ann
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2012
Sold by
Jackson Properties Management Llc
Bought by
Wikstrom Brian and Wikstrom Daryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2011
Sold by
Minneapolis Lofts Llc
Bought by
Jackson Properties Management Llc
Purchase Details
Closed on
Mar 3, 2010
Sold by
521 S Seventh Street Llc
Bought by
Minneapolis Lofts Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moti Ann | $256,000 | Titlenexus Llc | |
| Moti Anu | $256,000 | Titlenexus Llc | |
| Wikstrom Brian | $139,900 | Titlenexus Llc | |
| Jackson Properties Management Llc | $964,700 | First American Title Insuran | |
| Jackson Properties Management Llc | $964,683 | -- | |
| Minneapolis Lofts Llc | $4,025,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Motl Ann | $217,000 | |
| Closed | Motl Ann | $217,000 | |
| Closed | Moti Anu | $230,400 | |
| Previous Owner | Wikstrom Brian | $111,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Rented | $1,725 | 0.0% | -- |
| 05/15/2025 05/15/25 | For Rent | $1,725 | +1.8% | -- |
| 06/15/2023 06/15/23 | Rented | $1,695 | 0.0% | -- |
| 05/13/2023 05/13/23 | For Rent | $1,695 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,450 | $203,000 | $14,000 | $189,000 |
| 2022 | $2,691 | $203,000 | $13,000 | $190,000 |
| 2021 | $2,767 | $209,000 | $12,000 | $197,000 |
| 2020 | $2,834 | $220,500 | $6,200 | $214,300 |
| 2019 | $2,852 | $210,000 | $4,100 | $205,900 |
| 2018 | $2,425 | $191,000 | $4,100 | $186,900 |
| 2017 | $2,344 | $164,500 | $4,100 | $160,400 |
| 2016 | $2,034 | $148,500 | $4,100 | $144,400 |
| 2015 | $1,822 | $131,000 | $4,100 | $126,900 |
| 2014 | -- | $126,000 | $4,100 | $121,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Landlord's Co-Listing Agent in 2025
Zach Olson
DRG
(218) 282-1237
6 in this area
113 Total Sales
-
A
Seller's Agent in 2023
Austin Housh
DRG
(612) 220-6337
11 Total Sales
About Sexton Lofts
Map
Source: NorthstarMLS
MLS Number: 6722168
APN: 26-029-24-23-0294
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