525 N 3rd St Unit 202 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
2
Baths
1,575
Sq Ft
$663/mo
HOA Fee
Highlights
- City View
- 4-minute walk to Target Field Station
- Entrance Foyer
- Home Gym
- Elevator
- Guest Parking
About This Home
As of April 2024Unique opportunity at prestigious Bookmen Lofts, where historical elegance meets contemporary luxury. This exquisite loft is a perfect blend of the past and the present, featuring exposed brick walls and expansive windows. Expertly remodeled, it marries modern aesthetics with the building's industrial legacy, crafting an unparalleled urban living space. The kitchen is a culinary dream with black stainless steel appliances, Cambria countertops, sleek cabinetry with in-drawer lighting, and a striking full height backsplash. Enjoy the comfort of a gas fireplace, the convenience of remote-controlled blinds, a generous primary bedroom, and a flexible second bedroom or office space tailored to your lifestyle. Building amenities include guest parking, a fitness center, a communal terrace boasting city skyline views, and secure underground parking and storage. Nestled in the vibrant North Loop, immerse yourself in the dynamic mix of gourmet dining, entertainment, and outdoor activities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,651
Year Built
- Built in 1915
HOA Fees
- $663 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Parking Garage Space
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,575 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Home Gym
- City Views
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130746
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
- First Service 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
Feb 8, 2024
Closed on
Apr 23, 2024
Sold by
Breidenbach Daniel and Breidenbach Monica
Bought by
Mork William
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Austin Housh
DRG
List Price
$750,000
Sold Price
$750,000
Views
15
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
-$58,052
Avg. Annual Appreciation
-9.47%
Original Mortgage
$750,000
Outstanding Balance
$742,874
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$83,212
Purchase Details
Closed on
Jun 22, 2018
Sold by
Baumel Marc and Hans Kelsey
Bought by
Breidenbach Daniela and Breidenbach Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,275
Interest Rate
4.6%
Mortgage Type
VA
Purchase Details
Closed on
Dec 18, 2015
Sold by
Sheil Amy M and Tyler Jim
Bought by
Baumel Marc and Hans Kelsey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2004
Sold by
Rex Ii Llc
Bought by
Sheil Amy M
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
6.1%
Mortgage Type
Credit Line Revolving
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $750,000 | -- | |
| Warranty Deed | $580,000 | Titlenexus Llc | |
| Warranty Deed | $522,500 | Titlenexus Llc | |
| Warranty Deed | $369,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Previous Owner | $541,949 | VA | |
| Previous Owner | $548,275 | VA | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $328,000 | New Conventional | |
| Previous Owner | $295,920 | Credit Line Revolving | |
| Previous Owner | $55,485 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Sold | $750,000 | 0.0% | $476 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | Off Market | $750,000 | -- | -- |
| 02/16/2024 02/16/24 | For Sale | $750,000 | -- | $476 / 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 | $3,722 | $582,000 | $175,000 | $407,000 |
| 2022 | $4,002 | $581,500 | $163,000 | $418,500 |
| 2021 | $3,809 | $581,500 | $132,000 | $449,500 |
| 2020 | $4,125 | $581,500 | $37,700 | $543,800 |
| 2019 | $4,203 | $581,500 | $25,100 | $556,400 |
| 2018 | $8,247 | $581,500 | $25,100 | $556,400 |
| 2017 | $7,916 | $510,000 | $25,100 | $484,900 |
| 2016 | $6,918 | $435,000 | $25,100 | $409,900 |
| 2015 | $6,712 | $402,000 | $25,100 | $376,900 |
| 2014 | -- | $335,000 | $25,100 | $309,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Aleksa Montpetit
DRG
(651) 210-4213
47 in this area
168 Total Sales
-
A
Buyer's Agent in 2024
Austin Housh
DRG
(612) 220-6337
7 in this area
11 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6482361
APN: 22-029-24-13-0746
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