702 N 1st St Unit 411 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $621,000 - $781,508
2
Beds
1.5
Baths
2,090
Sq Ft
$1,274/mo
HOA Fee
Highlights
- River View
- 1 Fireplace
- Elevator
- Deck
- Sitting Room
- 1 Car Attached Garage
About This Home
As of October 2023One-of-a-kind penthouse in Itasca Lofts with private rooftop boasting panoramic views of the river and downtown skyline. Immerse yourself in the captivating charm of this exceptional property with its rustic European style kitchen, ideal for cooking and entertaining. Open concept living area featuring exposed brick walls, high ceilings with reclaimed wooden beams, and spiral staircase. Large windows and skylights throughout allow for incredible natural light. The upper level comprises two spacious bedrooms plus office/den space with separate 5th fl access. The rooftop deck provides the best of both worlds, a secluded retreat in the heart of the city with plenty of space for hosting gatherings or simply relaxing while enjoying breathtaking views. Fantastic North Loop location; adjacent to the W River Pwky, just steps from the Mississippi River, and a short walk to the city's best restaurants and retail. Acme Comedy , In the Loop Coffee and Underground Leaf and Vine located downstairs.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,268
Year Built
- Built in 1900
Lot Details
- Additional Parcels
HOA Fees
- $1,274 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Property Views
- River
- City
Home Design
- Tar and Gravel Roof
Interior Spaces
- 2,090 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Family Room
- Sitting Room
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924120418
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Oct 24, 2023
Sold by
Taylor Christopher and Taylor Helen
Bought by
Quirk Shannon
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Megan Zieske
Bridge Realty, LLC
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%
Total Days on Market
39
Views
41
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
-$74,623
Avg. Annual Appreciation
-5.99%
Original Mortgage
$620,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2017
Sold by
Taylor Helen Anne and Taylor Christopher Laurence
Bought by
Taylor Abbigail C and Taylor Henry S
Purchase Details
Closed on
May 29, 2015
Sold by
Bryan Jessica J
Bought by
Taylor Christopher and Taylor Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2004
Sold by
Leuthold Steven C
Bought by
Bryan Jessica J
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 |
|---|---|---|---|
| Quirk Shannon | $775,000 | -- | |
| Taylor Abbigail C | -- | None Available | |
| Taylor Christopher | $520,000 | Titlenexus Llc | |
| Taylor Christopher | -- | Titlenexus Llc | |
| Bryan Jessica J | $397,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quirk Shannon | $600,000 | |
| Closed | Quirk Shannon | $620,000 | |
| Previous Owner | Taylor Chris | $510,400 | |
| Previous Owner | Taylor Christopher | $52,000 | |
| Previous Owner | Taylor Christopher | $416,000 | |
| Previous Owner | Bryan Jessica J | $125,000 | |
| Previous Owner | Bryan Jessica J | $82,500 | |
| Previous Owner | Bryan Jessica | $357,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2023 10/26/23 | Sold | $775,000 | -3.1% | $371 / Sq Ft |
| 09/18/2023 09/18/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $799,900 | -- | $383 / 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 | $9,198 | $667,000 | $75,000 | $592,000 |
| 2022 | $9,264 | $667,000 | $71,000 | $596,000 |
| 2021 | $8,804 | $629,500 | $67,000 | $562,500 |
| 2020 | $8,811 | $629,500 | $66,700 | $562,800 |
| 2019 | $9,071 | $588,500 | $54,200 | $534,300 |
| 2018 | $8,428 | $588,500 | $54,200 | $534,300 |
| 2017 | $7,583 | $492,500 | $19,200 | $473,300 |
| 2016 | $7,069 | $444,500 | $19,200 | $425,300 |
| 2015 | -- | $424,000 | $19,200 | $404,800 |
| 2014 | -- | $410,000 | $19,200 | $390,800 |
Source: Public Records
Agents Affiliated with this Home
-
Aleksa Montpetit
Seller's Agent in 2023
Aleksa Montpetit
DRG
(651) 210-4213
47 in this area
171 Total Sales
-
Megan Zieske
Buyer's Agent in 2023
Megan Zieske
Bridge Realty, LLC
(612) 203-7882
3 in this area
9 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6384448
APN: 22-029-24-12-0418
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