525 N 3rd St Unit 502 Minneapolis, MN 55401
North Loop NeighborhoodEstimated payment $6,923/month
Total Views
2,699
2
Beds
2
Baths
1,686
Sq Ft
$563
Price per Sq Ft
Highlights
- City View
- 4-minute walk to Target Field Station
- Home Office
- Deck
- Corner Lot
- Walk-In Pantry
About This Home
A Rare Penthouse Offering in the Iconic Bookman Lofts
Welcome to an extraordinary residence in one of the North Loop’s most coveted buildings. Perched atop the historic Bookman Lofts, this authentic penthouse offers a private rooftop terrace with panoramic views of the downtown skyline—a true urban sanctuary in the heart of Minneapolis.
Step inside and be captivated by the character-rich design: exposed brick walls, soaring ceilings, and an abundance of natural light pouring through oversized windows. The open-concept layout is both inspiring and serene, offering the perfect backdrop for quiet mornings or unforgettable evenings under the stars.
The interiors blend clean, modern finishes with timeless elements, providing a move-in-ready space that still offers room to infuse your own design vision—an ideal balance of style and potential. Whether you're entertaining guests or enjoying a peaceful moment at home, this penthouse delivers a lifestyle of elevated comfort and distinction.
Just outside your door, the vibrant North Loop awaits—award-winning dining, boutique shopping, art galleries, and riverfront trails are all just steps away.
This is more than a home—it’s a rare opportunity to live beautifully while investing in lasting value.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 614-256-8500 Listed on: 06/09/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,202
Year Built
- Built in 1915
HOA Fees
- $742 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Fee
- Assigned Parking
Home Design
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 1,686 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dining Room
- Home Office
- City Views
- Basement Storage
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Additional Features
- Deck
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2202924130777
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
- First Service Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1225 Bookmen Lofts Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,422 | $681,000 | $184,000 | $497,000 |
| 2022 | $9,996 | $680,500 | $170,000 | $510,500 |
| 2021 | $9,665 | $680,500 | $138,000 | $542,500 |
| 2020 | $10,467 | $680,500 | $39,300 | $641,200 |
| 2019 | $10,771 | $680,500 | $26,200 | $654,300 |
| 2018 | $9,926 | $680,500 | $26,200 | $654,300 |
| 2017 | $9,239 | $580,500 | $26,200 | $554,300 |
| 2016 | $7,872 | $495,000 | $26,200 | $468,800 |
| 2015 | $7,656 | $458,500 | $26,200 | $432,300 |
| 2014 | -- | $382,000 | $26,200 | $355,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Price Changed | $950,000 | -2.0% | $563 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $969,000 | 0.0% | $575 / Sq Ft |
| 02/14/2024 02/14/24 | Rented | $4,550 | +1.1% | -- |
| 01/16/2024 01/16/24 | For Rent | $4,500 | 0.0% | -- |
| 07/21/2023 07/21/23 | Rented | $4,500 | 0.0% | -- |
| 07/14/2023 07/14/23 | For Rent | $4,500 | +2.4% | -- |
| 09/01/2022 09/01/22 | Rented | $4,395 | 0.0% | -- |
| 05/10/2022 05/10/22 | Under Contract | -- | -- | -- |
| 05/10/2022 05/10/22 | For Rent | $4,395 | -- | -- |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Burnet Title | |
| Personal Reps Deed | $556,000 | Titlenexus Llc | |
| Warranty Deed | $427,000 | -- | |
| Warranty Deed | $443,983 | -- | |
| Deed | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $333,700 | New Conventional | |
| Closed | $800,000 | No Value Available |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6733832
APN: 22-029-24-13-0777
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