Seller's Agent in 2025
Brooks Borrell
Compass
(612) 414-8207
16 in this area
52 Total Sales
525 3rd St N Unit 511 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
2
Baths
1,643
Sq Ft
$810/mo
HOA Fee
Highlights
- City View
- 4-minute walk to Target Field Station
- Main Floor Primary Bedroom
- 86,510 Sq Ft lot
- Two Way Fireplace
- Loft
About This Home
As of October 2025Discover luxury living at its finest at the North Loop's renowned Bookmen Lofts with this stunning penthouse, unit #511. Enjoy panoramic city views in three directions, showcasing the beauty of downtown Minneapolis. This 1,643-square-foot residence offers 2 bedrooms and 2 bathrooms, featuring a modern 14-foot kitchen island that seamlessly integrates with the living space, ideal for both everyday living and entertaining. The residence extends outdoors to a generous 450-square-foot rooftop patio, perfect for relaxation and gatherings. Practicality meets luxury with 2 underground parking stalls, including one with EV connectivity, providing convenience for modern lifestyles. Located in the heart of the North Loop, this home offers easy access to the area's dining, shopping, and cultural attractions, making it a perfect blend of comfort and vibrant city life.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,604
Year Built
- Built in 1915
HOA Fees
- $810 Monthly HOA Fees
Parking
- Subterranean Parking
Interior Spaces
- 1,643 Sq Ft Home
- 2-Story Property
- Circulating Fireplace
- Two Way Fireplace
- Electric Fireplace
- Living Room
- Dining Room
- Loft
- Home Gym
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Vented Exhaust Fan
- Water Filtration System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Patio
- Sprinkler System
Listing and Financial Details
- Assessor Parcel Number 2202924130782
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1225 Bookmen Lofts Condo Subdivision
Additional Features
- Lobby
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2019
Sold by
Thelen Mason and Thelen Danielle
Bought by
Zuendel Michael T and Dianne Elizabeth Zuendel 2003 Trust
Purchase Details
Closed on
Apr 3, 2017
Sold by
Hatfield David A and Hatfield Linda M
Bought by
Thelen Mason and Thelen Danielle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 11, 2013
Sold by
Hatfield David A and Hatfield Linda M
Bought by
Hatfield David A and Hatfield Linda M
Purchase Details
Closed on
Mar 22, 2011
Sold by
Anderson Bradley and Anderson Shannon Chery
Bought by
Hatfield David and Hatfield Linda
Purchase Details
Closed on
Sep 17, 2004
Sold by
Rex Ii Llc
Bought by
Anderson Bradley K
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,295,000 | Preferred Title Inc | |
| Joint Tenancy Deed | $1,411,000 | Preferred Title Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $589,900 | -- | |
| Warranty Deed | $599,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $424,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | Sold | $1,300,000 | -6.8% | $791 / Sq Ft |
| 09/15/2025 09/15/25 | Pending | -- | -- | -- |
| 09/04/2025 09/04/25 | For Sale | $1,395,000 | -- | $849 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $14,645 | $893,000 | $183,000 | $710,000 |
| 2023 | $12,167 | $850,000 | $183,000 | $667,000 |
| 2022 | $12,920 | $850,000 | $170,000 | $680,000 |
| 2021 | $12,451 | $850,000 | $137,000 | $713,000 |
| 2020 | $13,480 | $850,000 | $39,200 | $810,800 |
| 2019 | $13,817 | $850,000 | $26,100 | $823,900 |
| 2018 | $12,499 | $850,000 | $26,100 | $823,900 |
| 2017 | $11,591 | $706,000 | $26,100 | $679,900 |
| 2016 | $9,924 | $602,000 | $26,100 | $575,900 |
| 2015 | $9,485 | $556,000 | $26,100 | $529,900 |
| 2014 | -- | $463,500 | $26,100 | $437,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brooks Borrell
-
Lancelot Bender
L
Buyer's Agent in 2025
Lancelot Bender
Compass
(952) 283-0644
1 in this area
4 Total Sales
-
Benjamin Lavelle
Buyer Co-Listing Agent in 2025
Benjamin Lavelle
Compass
(612) 236-5115
3 in this area
73 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6783089
APN: 22-029-24-13-0782
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