NOT LISTED FOR SALE

525 N 3rd St Unit 115 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $417,000 - $592,000

1 Bed
2 Baths
1,190 Sq Ft
$405/Sq Ft Est. Value

About This Home

Live in this James Dayton designed Bookmen Lofts 1st floor 1BR+Den, 1.5BA walkout with ultimate urban charm and character, along with a great North Loop location. This large Loft features concrete ceilings and columns, gourmet kitchen with stainless steel/granite/large island/gas range, floor to ceiling windows, gas fireplace, exposed ductwork, huge walkout patio with walk up access, lofted master bedroom with sliding door system, large closet with built in organizers, and more! Bookmen Lofts offers true loft living in the heart of the North Loop, with additional features and amenities such as 3rd floor community patio, free guest parking, & exercise room. Included in rent: 1 indoor heated parking stall, water/sewer/trash, basic cable & internet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2014
Sold by
Madden David R and Madden Teresa S
Bought by
Suri Arjun M and Suri Beth R
Current Estimated Value
$481,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Rex Ii Llc
Bought by
Madden Teresa S and Madden David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,357
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Suri Arjun M $350,000 Titlenexus Llc
Madden Teresa S $319,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suri Arjun M $287,050
Closed Suri Arjun M $332,500
Previous Owner Madden Teresa S $167,357
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Rented $2,795 0.0% --
04/03/2023 04/03/23 For Rent $2,795 -- --

Tax History Compared to Growth

Source: Public Records

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 $5,646 $431,000 $136,000 $295,000
2022 $5,988 $430,500 $127,000 $303,500
2021 $5,780 $430,500 $102,000 $328,500
2020 $6,262 $430,500 $29,300 $401,200
2019 $6,450 $430,500 $19,500 $411,000
2018 $6,010 $430,500 $19,500 $411,000
2017 $5,467 $353,500 $19,500 $334,000
2016 $4,795 $301,500 $19,500 $282,000
2015 $4,650 $278,500 $19,500 $259,000
2014 -- $232,000 $19,500 $212,500
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2023

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    167 Total Sales

    Patrick Carson
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

525 N 3rd St Unit 115, Minneapolis, MN

This home is located at 525 N 3rd St Unit 115, Minneapolis, MN 55401 and is currently estimated at $481,377, approximately $404 per square foot. 525 N 3rd St Unit 115 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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