Stone Arch Lofts 600 S 2nd St Unit S702 Minneapolis, MN 55401
Downtown East NeighborhoodEstimated Value: $1,526,000 - $1,896,857
3
Beds
2.5
Baths
2,925
Sq Ft
$1,907/mo
HOA Fee
Highlights
- City View
- Deck
- Home Office
- 67,213 Sq Ft lot
- Main Floor Primary Bedroom
- 1-minute walk to Mill Ruins Park
About This Home
As of November 2022Very rare opportunity to own a penthouse property in the Mill District! The occasion to own a penthouse at Stone Arch Lofts only presents itself about once a decade, and now is the time! Corner location on the top floor with sweeping skyline views and private rooftop deck offer an extraordinary living experience along the Mississippi Riverfront. Occupying half the south facing facade, this home features large living spaces with open kitchen and gas fireplace, along with three bedrooms and large pantry. Second level provides convenient kitchenette and lounge or office area with access to very large private rooftop deck with wonderful container gardening opportunities to create your own green roof. Enjoy entertaining Al fresco while taking in dramatic skyline views from your oasis in the sky! Stone Arch Lofts is a boutique building with excellent staff, amenities and guest parking. Walking distance to Guthrie Theatre, Mill City Farmers Market, Trader Joe’s, light rail and riverfront.
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 09/13/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $33,754
Year Built
- Built in 2000
Lot Details
- Additional Parcels
HOA Fees
- $1,907 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 2,925 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2302924340217
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, 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 0935 Stone Arch Washburn L Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2022
Closed on
Nov 9, 2022
Sold by
Fontaine R Richard R and Fontaine Eileen R
Bought by
Tmg Ventures Llc
Seller's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
Buyer's Agent
Barry Berg
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%
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
-$93,714
Avg. Annual Appreciation
-2.75%
Purchase Details
Closed on
Mar 5, 2003
Sold by
Lasalle Construction Co
Bought by
Fontaine Fontaine R and Fontaine Eileen R
Purchase Details
Closed on
Oct 31, 2002
Sold by
Walburn Roberta A
Bought by
Kraus-Anderson Construction Company
Purchase Details
Closed on
May 17, 2001
Sold by
Brighton Development Corp
Bought by
Walburn Roberta B
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tmg Ventures Llc | $1,850,000 | Minnesota Title | |
| Fontaine Fontaine R | $1,200,000 | -- | |
| Kraus-Anderson Construction Company | $1,290,000 | -- | |
| Walburn Roberta B | $948,998 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $1,850,000 | -7.5% | $632 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | For Sale | $2,000,000 | -- | $684 / 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 | $27,269 | $1,794,000 | $300,000 | $1,494,000 |
| 2022 | $33,838 | $1,975,000 | $277,000 | $1,698,000 |
| 2021 | $34,357 | $2,079,000 | $242,000 | $1,837,000 |
| 2020 | $37,180 | $2,188,500 | $221,400 | $1,967,100 |
| 2019 | $36,314 | $2,188,500 | $110,700 | $2,077,800 |
| 2018 | $34,156 | $2,084,500 | $110,700 | $1,973,800 |
| 2017 | $30,172 | $1,694,000 | $110,700 | $1,583,300 |
| 2016 | $26,390 | $1,453,500 | $110,700 | $1,342,800 |
| 2015 | $22,318 | $1,188,500 | $110,700 | $1,077,800 |
| 2014 | -- | $1,065,500 | $110,700 | $954,800 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Froid
Seller's Agent in 2022
Cynthia Froid
Keller Williams Realty Integrity Lakes
(612) 578-1303
74 in this area
164 Total Sales
-
Barry Berg
Buyer's Agent in 2022
Barry Berg
Coldwell Banker Burnet
(612) 670-3600
10 in this area
202 Total Sales
About Stone Arch Lofts
Map
Source: NorthstarMLS
MLS Number: 6253098
APN: 23-029-24-34-0217
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