525 N 3rd St Unit 314 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
2
Baths
1,450
Sq Ft
$639/mo
HOA Fee
Highlights
- City View
- 4-minute walk to Target Field Station
- Elevator
- Deck
- Home Gym
- The kitchen features windows
About This Home
As of November 2024Rare opportunity to own a stunning corner unit in historic Bookmen Lofts. This 1915 book warehouse was transformed by James Dayton Design into a collection of boutique lofts. Unit 314 features two full walls of oversized windows, exposed brick, ductwork and beams, a private patio, large primary and second bedroom both featuring baths ensuite and walk-in closets, a kitchen island and a gas fireplace, in a spacious 1450 square feet. New motorized blackout curtains in primary bedroom, and dual light filtering and dark shades in other rooms. Two garage stalls have level 2 plug-ins. Lutron switches and a highly integrated audio system with new audio equipment and new frame TV included. Private patio is adjacent to spacious community rooftop deck with grills, fire-pits, and beautiful sunsets. Building features a fitness center (2nd floor), main entry lobby, and guest parking. Fantastic North Loop location is walkable to dozens of shops, breweries, food halls, coffee shops, restaurants, Whole Foods, Twins Stadium, entertainment venues, dog park, Downtown Mpls, Mississippi River, bike trails, light rail transit, and freeway access.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,318
Year Built
- Built in 1915
Lot Details
- Additional Parcels
HOA Fees
- $639 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Guest Parking
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,450 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Home Gym
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 2202924130765
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
- Firstservice 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
Jul 30, 2024
Closed on
Nov 15, 2024
Sold by
Hardwick James D
Bought by
Wolford Amy A
Seller's Agent
Nora Webb
Verve Realty
Buyer's Agent
Shane Spencer
Coldwell Banker Realty
List Price
$765,000
Sold Price
$750,000
Premium/Discount to List
-$15,000
-1.96%
Total Days on Market
62
Views
12
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
-$26,138
Avg. Annual Appreciation
-6.14%
Purchase Details
Closed on
Jun 28, 2011
Sold by
Harakas Dean N
Bought by
Hardwick James D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,342
Interest Rate
4.56%
Mortgage Type
VA
Purchase Details
Closed on
Jun 15, 2010
Sold by
Wilcox Roger and Byrne Valerie
Bought by
Harakas Dean N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2007
Sold by
Callinan Jessica J and Callinan Jeffrey M
Bought by
Wilcox Roger and Byrne Valerie
Purchase Details
Closed on
Aug 6, 2004
Sold by
Rex Ii Llc
Bought by
Druelinger Jessica J and Callinan Jeffrey M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,150
Interest Rate
5.12%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Executive Title | |
| Deed | $750,000 | -- | |
| Warranty Deed | $388,000 | Titlenexus Llc | |
| Warranty Deed | $388,000 | -- | |
| Warranty Deed | $385,000 | -- | |
| Warranty Deed | $425,000 | -- | |
| Warranty Deed | $391,442 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $396,342 | VA | |
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $313,150 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $750,000 | 0.0% | $517 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | Off Market | $750,000 | -- | -- |
| 07/30/2024 07/30/24 | For Sale | $765,000 | -- | $528 / 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 | $7,548 | $560,000 | $162,000 | $398,000 |
| 2022 | $8,067 | $560,000 | $150,000 | $410,000 |
| 2021 | $7,735 | $560,000 | $121,000 | $439,000 |
| 2020 | $8,376 | $560,000 | $34,700 | $525,300 |
| 2019 | $8,581 | $560,000 | $23,100 | $536,900 |
| 2018 | $7,878 | $560,000 | $23,100 | $536,900 |
| 2017 | $7,527 | $487,000 | $23,100 | $463,900 |
| 2016 | $6,600 | $415,000 | $23,100 | $391,900 |
| 2015 | $6,399 | $383,500 | $23,100 | $360,400 |
| 2014 | -- | $319,500 | $23,100 | $296,400 |
Source: Public Records
Agents Affiliated with this Home
-
Nora Webb
Seller's Agent in 2024
Nora Webb
Verve Realty
(612) 245-9205
2 in this area
279 Total Sales
-
Hannah Lane
Seller Co-Listing Agent in 2024
Hannah Lane
Verve Realty
(651) 497-1074
1 in this area
81 Total Sales
-
Shane Spencer
Buyer's Agent in 2024
Shane Spencer
Coldwell Banker Burnet
(614) 256-8500
7 in this area
76 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6314664
APN: 22-029-24-13-0765
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