Landlord's Agent in 2025
Tim Carson
DRG
(612) 978-7385
1 Total Sale
525 N 3rd St Unit 214 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
1.5
Baths
1,260
Sq Ft
1915
Built
Highlights
- Deck
- 4-minute walk to Target Field Station
- Home Gym
- 1 Fireplace
- No HOA
- Den
About This Home
As of July 2025Rare & beautiful 1BR+Den w/2 indoor pkg stalls now available in award winning & highly sought after Bookmen Lofts! Features include finished concrete floors throughout the living space w/concrete columns & ceiling, gas fireplace, hardwood floors in the bedroom, granite countertops & stainless appliances. You'l love the floor to ceiling windows, large balcony w/views of the downtown skyline, and the great den space for office or guest room. Bookmen Lofts is surrounded by the signature restaurants, shops and nightlife of the North Loop, while providing professional management, secure access, huge community patio, fitness room, & free guest parking. Included in rent: 2 indoor heated parking stalls, water/sewer/trash, basic cable & internet. Tenant responsible for electricity and gas. App Fee: $78; Admin Fee: $150; Move-in fee: $100; Security Deposit is One Month's Rent.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $7,171
Year Built
- Built in 1915
Parking
- Subterranean Parking
- Heated Garage
Interior Spaces
- 1,260 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Living Room
- Dining Room
- Den
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Property Available on 7/15/25
- Tenant pays for gas, heat
- The owner pays for cable TV, trash collection, water
- Assessor Parcel Number 2202924130753
Community Details
Overview
- No Home Owners Association
- High-Rise Condominium
- Bookmen Lofts Subdivision
Additional Features
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 7, 2017
Sold by
Thompson Douglas James
Bought by
The Entrust Group Inc
Current Estimated Value
Purchase Details
Closed on
Aug 27, 2004
Sold by
Rex Ii Llc
Bought by
Thompson Douglas J and Thompson Samia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,614
Interest Rate
6.5%
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 |
|---|---|---|---|
| The Entrust Group Inc | $475,000 | Titlenexus Llc | |
| Thompson Douglas J | $319,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thompson Douglas J | $318,614 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Rented | $3,195 | 0.0% | -- |
| 05/17/2025 05/17/25 | For Rent | $3,195 | +6.7% | -- |
| 09/01/2023 09/01/23 | Rented | $2,995 | 0.0% | -- |
| 06/30/2023 06/30/23 | For Rent | $2,995 | -- | -- |
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 | $7,171 | $480,000 | $141,000 | $339,000 |
| 2023 | $6,592 | $502,000 | $141,000 | $361,000 |
| 2022 | $7,037 | $501,500 | $131,000 | $370,500 |
| 2021 | $6,749 | $501,500 | $106,000 | $395,500 |
| 2020 | $7,311 | $501,500 | $30,200 | $471,300 |
| 2019 | $7,492 | $501,500 | $20,100 | $481,400 |
| 2018 | $6,978 | $501,500 | $20,100 | $481,400 |
| 2017 | $6,453 | $417,500 | $20,100 | $397,400 |
| 2016 | $5,662 | $356,000 | $20,100 | $335,900 |
| 2015 | $5,494 | $329,000 | $20,100 | $308,900 |
| 2014 | -- | $274,000 | $20,100 | $253,900 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Carson
-
Patrick Carson
P
Landlord's Co-Listing Agent in 2025
Patrick Carson
DRG
(612) 254-0149
46 in this area
193 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6723057
APN: 22-029-24-13-0753
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