Seller's Agent in 2021
Fritz Kroll
Edina Realty, Inc.
(612) 347-8088
46 in this area
186 Total Sales
525 N 3rd St Unit 107 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $593,000 - $751,000
1
Bed
1.5
Baths
1,282
Sq Ft
$467/mo
HOA Fee
Highlights
- Home Gym
- 4-minute walk to Target Field Station
- Forced Air Heating and Cooling System
- Elevator
- 1 Car Attached Garage
- Secure Parking
About This Home
As of June 2021Stunning one of a kind two level loft at bookmen! Custom finishes throughout including a glass catwalk at the upper level, floating stairs and metal railing. Large bedroom with walk-in closet, separate office area and a fantastic private patio. Open plan, gorgeous lighting, a fireplace and large laundry room offers additional storage. In the heart of the North Loop, this historic conversion is a unique opportunity.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,412
Year Built
- Built in 2004
Lot Details
- 1.99
HOA Fees
- $467 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,282 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Home Gym
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130735
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
- Firstservice Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1225 Bookmen Lofts Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2021
Closed on
Jun 2, 2021
Sold by
Salvesen Erin
Bought by
Graveline Joseph Paul and Cero Paige Jillian
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Sandra Burkard
RE/MAX Results
List Price
$550,000
Sold Price
$538,700
Premium/Discount to List
-$11,300
-2.05%
Total Days on Market
27
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
$112,608
Avg. Annual Appreciation
3.47%
Original Mortgage
$457,895
Outstanding Balance
$420,834
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,843
Purchase Details
Listed on
Feb 1, 2012
Closed on
Oct 29, 2012
Sold by
Lindemann Brad
Bought by
Salvesen Erin
Seller's Agent
David Abele
Lakes Sotheby's International Realty
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$292,500
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2004
Sold by
Rex Ii Llc
Bought by
Lindemann Brad T and Lindemann Nicole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Graveline Joseph Paul | $538,700 | Titlesmart Inc | |
| Salvesen Erin | $325,000 | Regency Title Inc | |
| Lindemann Brad T | $369,900 | -- | |
| Graveline Joseph Joseph | $538,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Graveline Joseph Paul | $457,895 | |
| Previous Owner | Salvesen Erin | $292,500 | |
| Previous Owner | Lindemann Brad | $295,920 | |
| Closed | Graveline Joseph Joseph | $457,895 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $538,700 | -2.1% | $420 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $550,000 | +69.2% | $429 / Sq Ft |
| 10/31/2012 10/31/12 | Sold | $325,000 | -16.5% | $252 / Sq Ft |
| 07/18/2012 07/18/12 | Pending | -- | -- | -- |
| 02/01/2012 02/01/12 | For Sale | $389,000 | -- | $302 / 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 | $7,870 | $584,000 | $144,000 | $440,000 |
| 2022 | $8,357 | $584,000 | $133,000 | $451,000 |
| 2021 | $8,083 | $584,000 | $108,000 | $476,000 |
| 2020 | $8,552 | $584,000 | $30,800 | $553,200 |
| 2019 | $8,805 | $572,500 | $20,500 | $552,000 |
| 2018 | $8,086 | $572,500 | $20,500 | $552,000 |
| 2017 | $7,301 | $472,500 | $20,500 | $452,000 |
| 2016 | $6,409 | $403,000 | $20,500 | $382,500 |
| 2015 | $6,176 | $372,000 | $20,500 | $351,500 |
| 2014 | -- | $310,000 | $20,500 | $289,500 |
Source: Public Records
Agents Affiliated with this Home
-
Fritz Kroll
-
Sandra Burkard
Buyer's Agent in 2021
Sandra Burkard
RE/MAX Results
(952) 431-2400
1 in this area
64 Total Sales
-
David Abele
Seller's Agent in 2012
David Abele
Lakes Sotheby's International Realty
(612) 281-2022
3 in this area
45 Total Sales
-
Suzanne Backes
S
Seller Co-Listing Agent in 2012
Suzanne Backes
Lakes Sotheby's International Realty
(651) 271-8081
1 in this area
31 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 5729427
APN: 22-029-24-13-0735
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