525 N 3rd St Unit 114 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $543,000 - $683,000
2
Beds
1.5
Baths
1,330
Sq Ft
$698/mo
HOA Fee
Highlights
- City View
- 4-minute walk to Target Field Station
- The kitchen features windows
- 1 Fireplace
- Elevator
- 1 Car Attached Garage
About This Home
As of May 2024Rare opportunity to purchase this meticulously renovated unit in Bookmen Lofts! Truly a one-of-a-kind designer loft featuring 2 bedrooms and 2 bathrooms boasting concrete floors, beams, and soaring 12ft ceilings. Immaculate custom soft touch cabinetry, built-ins, remote operated shades, gas fireplace and gourmet kitchen. Beautiful floor to ceiling windows overlooking your private patio. Building amenities include the ButterlfyMX virtual doorman system, renovated lobby, fitness room, heated underground parking and community deck featuring fire pits, grills and skyline views overlooking the North Loop. Surrounded by all the trendiest breweries, restaurants, cafes and shops you will love all this location has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,706
Year Built
- Built in 1915
Lot Details
- 1.99
HOA Fees
- $698 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,330 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130742
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
- Firstservice Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1225 Bookmen Lofts Condo Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2024
Closed on
May 17, 2024
Sold by
Hansen Blake and Hansen Courtney
Bought by
Chorney Marcus
Seller's Agent
Gus Miller
Premier Real Estate Services
Buyer's Agent
Mike Tracy
Keller Williams Realty Integrity Lakes
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%
Total Days on Market
16
Views
14
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
-$13,615
Avg. Annual Appreciation
-1.94%
Purchase Details
Closed on
Aug 5, 2020
Sold by
Lalim Rikki
Bought by
Hansen Blake J and Hansen Courtney L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2012
Sold by
Harris Shannon E
Bought by
Lalim Rikki
Purchase Details
Closed on
Aug 11, 2004
Sold by
Rex Ii Llc
Bought by
Harris Shannon E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Chorney Marcus | $650,000 | -- | |
| Hansen Blake J | $625,000 | Burnet Title | |
| Lalim Rikki | $300,000 | Titlesmart Inc | |
| Harris Shannon E | $300,145 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hansen Blake J | $500,000 | |
| Previous Owner | Lalim Rikki D | $250,000 | |
| Previous Owner | Harris Shannon E | $239,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $650,000 | -1.5% | $489 / Sq Ft |
| 04/20/2024 04/20/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $660,000 | -- | $496 / 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 | $7,667 | $570,000 | $139,000 | $431,000 |
| 2022 | $8,187 | $570,000 | $129,000 | $441,000 |
| 2021 | $6,644 | $570,000 | $104,000 | $466,000 |
| 2020 | $7,198 | $495,000 | $29,900 | $465,100 |
| 2019 | $7,414 | $495,000 | $19,900 | $475,100 |
| 2018 | $6,912 | $495,000 | $19,900 | $475,100 |
| 2017 | $6,337 | $410,000 | $19,900 | $390,100 |
| 2016 | $5,495 | $349,500 | $19,900 | $329,600 |
| 2015 | $5,293 | $323,000 | $19,900 | $303,100 |
| 2014 | -- | $269,000 | $19,900 | $249,100 |
Source: Public Records
Agents Affiliated with this Home
-
Gus Miller
Seller's Agent in 2024
Gus Miller
Premier Real Estate Services
(320) 290-0539
1 in this area
71 Total Sales
-
Mike Tracy
Buyer's Agent in 2024
Mike Tracy
Keller Williams Realty Integrity Lakes
(651) 497-5904
3 in this area
157 Total Sales
-
Aaron Rosell
Buyer Co-Listing Agent in 2024
Aaron Rosell
Keller Williams Realty Integrity Lakes
(651) 705-6312
2 in this area
218 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6509328
APN: 22-029-24-13-0742
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