702 N 1st St Unit 512 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $434,000 - $540,090
2
Beds
1
Bath
1,565
Sq Ft
$899/mo
HOA Fee
Highlights
- River View
- Patio
- Zero Lot Line
- Elevator
- 1-Story Property
- Central Air
About This Home
As of October 2022Be the next proud owner of this beautiful top floor loft in the historic Itasca building! Enjoy your panoramic view from your balcony overlooking the green, pathways and river right out your door. This corner unit has the character and charm (11 ceilings, brick walls, beams) of the past with beautiful modern conveniences including fresh paint, new carpet, wood & tile floors, stainless appliances, bathroom with double vanity, stone counter & jet tub, cozy double sided gas fireplace, large laundry with full size washer and dryer plus additional storage. 2 large bedrooms with walk-in and wall closets. Heated garage with handy car wash. Enjoy an active lifestyle in the North Loop neighborhood or relax and unwind at home. Convenient coffee shop on the main floor, community patio, Acme Comedy Club downstairs in the Itasca Building, Guthrie Theater Lab next door, and steps to the farmers market, restaurants and more.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,625
Year Built
- Built in 1900
Lot Details
- Zero Lot Line
- Additional Parcels
HOA Fees
- $899 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 1,565 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room with Fireplace
- Dining Room
- Utility Room
- Utility Room Floor Drain
- River Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Central Air
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2202924120058
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Condo 0313 The Itasca Condos Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2022
Closed on
Oct 6, 2022
Sold by
James T Gessele Revocable Trust
Bought by
Anderson Charles Richard and Causton Deborah Ann
Buyer's Agent
Lydia Long
M/I Homes
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Total Days on Market
134
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
$104,773
Avg. Annual Appreciation
11.68%
Purchase Details
Closed on
Jun 28, 2013
Sold by
Gessele James T
Bought by
Gessele James T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2000
Sold by
Hartman Gregory J and Hartman Susan C
Bought by
Gessele James T
Purchase Details
Closed on
Jan 21, 2000
Sold by
Dittes Virgil E and Dittes Evelyn M
Bought by
Hartman Gregory J and Hartman Susan C
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 |
|---|---|---|---|
| Anderson Charles Richard | $380,000 | -- | |
| Anderson Charles Richard | $380,000 | -- | |
| Gessele James T | -- | Executive Title Inc | |
| Gessele James T | $244,000 | -- | |
| Hartman Gregory J | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gessele James T | $213,000 | |
| Previous Owner | Gessele James T | $220,000 | |
| Previous Owner | Gessele James T | $5,400 | |
| Previous Owner | Gessele James T | $234,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $380,000 | 0.0% | $243 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | Off Market | $380,000 | -- | -- |
| 08/30/2022 08/30/22 | For Sale | $399,900 | 0.0% | $256 / Sq Ft |
| 07/25/2022 07/25/22 | Price Changed | $399,900 | 0.0% | $256 / Sq Ft |
| 07/25/2022 07/25/22 | For Sale | $399,900 | +5.2% | $256 / Sq Ft |
| 07/24/2022 07/24/22 | Off Market | $380,000 | -- | -- |
| 06/16/2022 06/16/22 | Price Changed | $449,900 | -10.0% | $287 / Sq Ft |
| 05/20/2022 05/20/22 | Price Changed | $499,900 | -7.4% | $319 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $539,900 | -- | $345 / 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 | $6,291 | $482,000 | $61,000 | $421,000 |
| 2022 | $6,625 | $507,000 | $57,000 | $450,000 |
| 2021 | $6,394 | $478,000 | $54,000 | $424,000 |
| 2020 | $6,472 | $478,000 | $23,300 | $454,700 |
| 2019 | $6,666 | $446,500 | $15,500 | $431,000 |
| 2018 | $6,272 | $446,500 | $15,500 | $431,000 |
| 2017 | $6,174 | $401,000 | $15,500 | $385,500 |
| 2016 | $5,721 | $362,000 | $15,500 | $346,500 |
| 2015 | $5,702 | $345,000 | $15,500 | $329,500 |
| 2014 | -- | $334,000 | $15,500 | $318,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Stephenson
Seller Co-Listing Agent in 2022
Jeffrey Stephenson
Edina Realty, Inc.
(612) 578-8820
1 in this area
57 Total Sales
-
Lydia Long
Buyer's Agent in 2022
Lydia Long
M/I Homes
(763) 586-7279
1 in this area
97 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6176587
APN: 22-029-24-12-0058
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