NOT LISTED FOR SALE

Sexton Lofts 521 S 7th St Unit 521 Minneapolis, MN 55415

Elliot Park Neighborhood

Estimated Value: $205,000 - $298,000

1 Bed
1 Bath
800 Sq Ft
$441/ mo HOA Fee

Last Sold July 17, 2023

Last sale price $255,000 $319 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,942/month

166 Days on Market

Highlights

  • Living Room
  • Dining Room
  • High-Rise Condominium
  • Forced Air Heating and Cooling System
  • Family Room
  • 5-minute walk to The Commons

About This Home

As of July 2023

Amazing loft like unit near the Armory and US Bank! Garage space included! Updated lighting throughout, new backsplash, newer in unit washer dryer. Balcony with seating and great view! Cozy fireplace and separate bedroom! Monthly fees include internet, assessment and optional storage space.

Last Agent to Sell the Property

Larisa Ozols

Lakes Area Realty Listed on: 01/04/2023

Lakes Area Realty

Last Buyer's Agent

Beth Richardson

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1926

Lot Details

  • 0.63

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Additional Parcels
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include internet, ground maintenance
  • First Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1434 Sexton Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2602924230304

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,787

Year Built

Built in 1926

Lot Details

0.63 Acres

HOA Fees

$441 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 800
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Fireplace Features: Gas
  • Living Area: 800
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Elliot Park

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Internet, Maintenance Grounds
  • Phone: 952-277-2700
  • Association Fee: 441
  • Association: Yes

Association/Amenities

  • HOA Management Co: first residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 27,251
  • Lot Size Sq Ft: 27225
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2602924230304
  • Tax Annual Amount: 2787
  • TaxWithAssessments: 2787.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jul 17, 2023
Sold by
Abel Laura
Bought by
Bailey Gwendolyn
Seller's Agent
Larisa Ozols
Lakes Area Realty
Buyer's Agent
Beth Richardson
RE/MAX Results
List Price
$255,000
Sold Price
$255,000
Views
131
Current Estimated Value
$238,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,001
Avg. Annual Appreciation
-2.39%
Original Mortgage
$204,000
Outstanding Balance
$198,235
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$40,764

Purchase Details

Closed on
Aug 18, 2017
Sold by
Garrett Thomas M
Bought by
Abel Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,153
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2017
Sold by
Garrettt Thomas M
Bought by
Abbel Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,153
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2006
Sold by
Sexton Lofts Llc
Bought by
Garrett Thomas M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Bailey Gwendolyn $255,000 Watermark Title
Bailey Gwendolyn $255,000 Watermark Title
Abel Laura $224,900 Titlesmart Inc
Abbel Laura $224,900 Title Nexus Llc
Garrett Thomas M $228,277 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Gwendolyn $204,000
Closed Bailey Gwendolyn $204,000
Previous Owner Abel Laura $218,153
Previous Owner Abbel Laura $218,153
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $255,000 0.0% $319 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $255,000 -- $319 / 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
2024 $2,687 $206,000 $30,000 $176,000
2023 $2,469 $206,000 $13,000 $193,000
2022 $2,710 $206,000 $13,000 $193,000
2021 $2,787 $212,000 $11,000 $201,000
2020 $2,857 $223,500 $5,900 $217,600
2019 $2,634 $213,000 $3,900 $209,100
2018 $2,442 $193,500 $3,900 $189,600
2017 $2,532 $157,500 $3,900 $153,600
2016 $2,266 $142,500 $3,900 $138,600
2015 $2,096 $125,500 $3,900 $121,600
2014 -- $120,500 $3,900 $116,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Larisa Ozols

    Lakes Area Realty

    (612) 991-1760

    1 in this area

    25 Total Sales

    Larisa Ozols
    Section Image
  • Beth Richardson

    Buyer's Agent in 2023

    Beth Richardson

    RE/MAX Results

    (651) 271-7897

    1 in this area

    109 Total Sales

    Beth Richardson
    Section Image
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About Sexton Lofts

Map

Source: NorthstarMLS

MLS Number: 6320686

NorthstarMLS

APN: 26-029-24-23-0304

Minnesota Hennepin County Minneapolis 55415 Elliot Park

521 S 7th St Unit 521, Minneapolis, MN

Not Listed for Sale

Condos

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NorthstarMLS Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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