Landlord's Agent in 2023
Tim Carson
DRG
(612) 978-7385
1 Total Sale
525 N 3rd St Unit 115 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $425,000 - $626,000
1
Bed
1.5
Baths
1,190
Sq Ft
1.99
Acres
Highlights
- 1 Fireplace
- 4-minute walk to Target Field Station
- Subterranean Parking
- No HOA
- Home Gym
- Living Room
About This Home
As of June 2023Live 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.
Condo Details
Home Type
- Condominium
Year Built
- Built in 1915
Lot Details
- 1.99
Parking
- Subterranean Parking
- Heated Garage
Interior Spaces
- 1,190 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Living Room
- Home Gym
Kitchen
- Cooktop
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Additional Features
- Accessible Elevator Installed
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- High-Rise Condominium
- Bookmen Lofts Subdivision
Listing and Financial Details
- Property Available on 6/1/23
- Tenant pays for gas, heat
- The owner pays for cable TV, trash collection
- Assessor Parcel Number 2202924130743
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
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
Outstanding Balance
$255,349
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$236,116
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
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 |
|---|---|---|---|
| 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 | $332,500 | |
| Previous Owner | Madden Teresa S | $167,357 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Rented | $2,795 | 0.0% | -- |
| 04/03/2023 04/03/23 | For Rent | $2,795 | -- | -- |
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 | $6,162 | $413,000 | $136,000 | $277,000 |
| 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
-
Patrick Carson
P
Landlord's Co-Listing Agent in 2023
Patrick Carson
DRG
(612) 254-0149
46 in this area
193 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6350256
APN: 22-029-24-13-0743
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