Seller's Agent in 2020
Kristan Campbell
Edina Realty, Inc.
(952) 270-1358
2 in this area
28 Total Sales
525 N 3rd St Unit 101 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $540,000 - $747,000
2
Beds
2
Baths
1,430
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- Building Security
- 4-minute walk to Target Field Station
- Community Garden
- 1.99 Acre Lot
- Corner Lot
- Elevator
About This Home
As of December 2020Enjoy real loft living in one of the most acclaimed boutique buildings in all the city, Bookmen Lofts. Located in the heart of the North Loop, this stunning and unique corner unit mixes the character and charm of industrial loft living with classic style and finishes. Some of the features include expansive walls with oversized windows, concrete pillars, a fireplace and 12 foot plus ceilings. The second bedroom/den is perfect for both a stay at home workspace with a place for guests or a full bedroom. Enjoy the great amenities of the building along with just steps to some of the best and award -winning restaurants, retail and coffee shops outside your door. Second stall can easily be rented. Urban living at its best!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,662
Year Built
- Built in 1915
Lot Details
- 1.99 Acre Lot
- Corner Lot
- Sprinkler System
- Zero Lot Line
HOA Fees
- $665 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Secure Parking
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,430 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Living Room with Fireplace
Kitchen
- Range
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire Sprinkler System
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 2202924130729
Community Details
Overview
- Association fees include building exterior, cable TV, controlled access, hazard insurance, internet, lawn care, outside maintenance, professional mgmt, sanitation, security system, snow removal, water/sewer
- First Service Residential Association
Amenities
- Community Garden
- Elevator
Security
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2020
Closed on
Dec 18, 2020
Sold by
Sussman Anthony and Sussman Alene G
Bought by
Mehring Scott and Mehring Kathy
Seller's Agent
Kristan Campbell
Edina Realty, Inc.
Buyer's Agent
Paul Begich
Compass
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%
Total Days on Market
126
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
$100,444
Avg. Annual Appreciation
2.17%
Original Mortgage
$424,000
Outstanding Balance
$386,648
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,570
Purchase Details
Closed on
Jul 19, 2012
Sold by
Sussman Alene G and Sussman Anthony
Bought by
Sussman Alene G and Sussman Anthony
Purchase Details
Closed on
Feb 2, 2007
Sold by
Prudden Peter C
Bought by
Grossman Alene R
Purchase Details
Closed on
Nov 22, 2004
Sold by
Rex Ii Llc
Bought by
Pruden Peter C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Mehring Scott | $530,000 | Titlenexus Llc | |
| Sussman Alene G | -- | Titlenexus Llc | |
| Grossman Alene R | $408,600 | -- | |
| Pruden Peter C | $367,000 | -- | |
| Mehring Scott Scott | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehring Scott | $424,000 | |
| Previous Owner | Sussman Alene G | $360,000 | |
| Previous Owner | Pruden Peter C | $323,100 | |
| Closed | Mehring Scott Scott | $530,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $530,000 | -3.6% | $371 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 09/12/2020 09/12/20 | Price Changed | $550,000 | -5.2% | $385 / Sq Ft |
| 08/04/2020 08/04/20 | Price Changed | $579,900 | -3.2% | $406 / Sq Ft |
| 07/10/2020 07/10/20 | For Sale | $599,000 | -- | $419 / 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 |
|---|---|---|---|---|
| 2023 | $6,878 | $522,000 | $162,000 | $360,000 |
| 2022 | $7,303 | $522,000 | $150,000 | $372,000 |
| 2021 | $7,047 | $522,000 | $121,000 | $401,000 |
| 2020 | $7,662 | $522,000 | $34,700 | $487,300 |
| 2019 | $7,891 | $522,000 | $23,100 | $498,900 |
| 2018 | $7,291 | $522,000 | $23,100 | $498,900 |
| 2017 | $7,080 | $458,000 | $23,100 | $434,900 |
| 2016 | $6,207 | $391,000 | $23,100 | $367,900 |
| 2015 | $5,978 | $361,000 | $23,100 | $337,900 |
| 2014 | -- | $301,000 | $23,100 | $277,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kristan Campbell
-
Paul Begich
Buyer's Agent in 2020
Paul Begich
Compass
(952) 847-3406
8 in this area
64 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5619718
APN: 22-029-24-13-0729
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