NOT LISTED FOR SALE

Estimated Value: $325,293 - $446,000

1 Bed
1 Bath
1,060 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $298,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,956/month

21 Days on Market

Highlights

  • Building Security
  • Wood Flooring
  • Woodwork
  • City View
  • Elevator
  • Patio

About This Home

As of August 2020

Desirable Itasca Lofts in the North Loop. Open concept layout with natural light and western views. MPLS Industrial meets modern with chic exposed brick, large wood beams, high ceilings and hardwood floors. Spacious gourmet kitchen is perfect for entertaining with large center island, granite countertops and high-end appliances. Fantastic layout to comfortably design an open floorpan with dining, living and home office. Updated bath with double vanity, walk-in shower and dual-shower heads. Brand new upgraded a/c installed in 2020. In-unit washer/dryer. Contract parking available at Borealis Ramp located just across the street with easy access to covered, heated parking. Shared patio with green-space bocce ball and grills! Main floor neighborhood coffee shop 'In the Loop Coffee Co.' and historic architecture throughout. Utilize all the North Loop has to offer with dining, boutique shops, the river and entertainment.

Last Listed By

Lindsey Ronning

Keller Williams Realty Integrity Listed on: 06/18/2020

Keller Williams Realty Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1900

Lot Details

  • 0.82

HOA Fees

  • $626 Monthly HOA Fees

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • City Views
  • Fire Sprinkler System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Off-Site Parking
  • Parking Fee
  • Secure Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2202924120035

Community Details

Overview

  • Association fees include building exterior, cable TV, controlled access, hazard insurance, heating, internet, outside maintenance, professional mgmt, sanitation, shared amenities, snow removal, water/sewer
  • First Service Residential Association
  • Condo 0313 The Itasca Condos Subdivision
  • Rental Restrictions

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1900

Lot Details

0

HOA Fees

$626 per month

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Accessibility Features: Elevator
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1900
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1060.00
  • Above Grade Finished Area Search: 1060.00
  • Above Grade Finished Sq Ft: 1060.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5099
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1060.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1060.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924120035
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Rental Restrictions May Apply
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Wall Oven, Washer
  • Dining Room Features: Breakfast Bar, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Bathroom Type: Main Floor Full Bath, Walk-In Shower Stall
  • Living Area: 1060.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None

Garage/Parking

  • Parking Features: More Parking Offsite for Fee, Off Site, Other, Secured

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 626.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: City View, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Kitchen Window, Natural Woodwork, Tile Floors, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: common
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Concrete
  • New Development: No

Tax Info

  • TaxLegalDescription: CONDO NO 0313 THE ITASCA CONDOS UNIT NO 5
  • Tax Amount: 3768.00
  • Tax Year: 2020
  • Tax With Assessments: 3768.00
  • Assessor Parcel Number: 2202924120035

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 3, 2020
Sold by
Beito Thomas M and Beito Susan K
Bought by
Meyer Kurt
Seller's Agent
Lindsey Ronning
Keller Williams Realty Integrity
Buyer's Agent
Charlie Aul
Lakes Sotheby's International
List Price
$299,900
Sold Price
$298,000
Premium/Discount to List
-$1,900
-0.63%
Total Days on Market
21
Current Estimated Value
$365,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,573
Avg. Annual Appreciation
2.77%
Original Mortgage
$283,100
Outstanding Balance
$255,050
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$84,090

Purchase Details

Closed on
Jan 9, 2007
Sold by
Eggert Karen E
Bought by
Beito Thomas M

Purchase Details

Closed on
Oct 29, 2003
Sold by
Hempel Samantha L and Hempel Ii Keith J
Bought by
Eggert Karen E

Purchase Details

Closed on
Oct 26, 2001
Sold by
Gee Leonard H and Gee Katherine A
Bought by
Charnick Samantha L

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meyer Kurt $298,000 Edina Realty Title
Meyer Kurt $298,000 Edina Realty Title Inc
Beito Thomas M $278,000 --
Eggert Karen E $345,000 --
Charnick Samantha L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Kurt $283,100
Closed Meyer Kurt $283,100
Previous Owner Beito Thomas M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $298,000 -0.6% $281 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $299,900 -- $283 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $3,514 $280,000 $41,000 $239,000
2022 $3,700 $295,000 $39,000 $256,000
2021 $3,574 $278,000 $36,000 $242,000
2020 $3,768 $278,000 $15,800 $262,200
2019 $3,882 $260,000 $10,500 $249,500
2018 $3,651 $260,000 $10,500 $249,500
2017 $3,595 $233,500 $10,500 $223,000
2016 $3,348 $210,500 $10,500 $200,000
2015 $3,348 $200,500 $10,500 $190,000
2014 -- $194,000 $10,500 $183,500
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5578905

NorthstarMLS

APN: 22-029-24-12-0035