Seller's Agent in 2026
Jacob Milton
Keller Williams Premier Realty Lake Minnetonka
(612) 405-2412
1 in this area
160 Total Sales
702 N 1st St Unit 521 Minneapolis, MN 55401
North Loop Neighborhood
1
Bed
1
Bath
1,346
Sq Ft
$967/ mo
HOA Fee
Highlights
- City View
- Central Air
- Wood Burning Fireplace
- Deck
- Hot Water Heating System
- High-Rise Condominium
About This Home
As of March 2026Experience the North Loop at its best—urban energy outside, calm and comfort inside. This condo puts you right in the middle of everything people love about downtown Minneapolis: incredible restaurants, craft cocktail spots, comedy clubs, boutiques, and miles of riverfront trails just steps from your door. Inside, the space feels warm and inviting with its exposed brick and timber details, open layout, and that modern-with-character vibe everyone’s looking for. You’ll appreciate the practical perks too: great storage, in-unit laundry, and a hard-to-find indoor parking space in this building. Cable and internet are already included for added convenience. A large private balcony with unobstructed Mississippi River views is the real gem—perfect for morning coffee, evening cocktails, or simply unwinding above the city. Recent updates include a new A/C system, refreshed deck decking, and several newer appliances added within the last few years. Here’s your chance to own a standout condo in the North Loop!
Last Agent to Sell the Property
Keller Williams Premier Realty Lake Minnetonka Listed on: 11/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,533
Year Built
- Built in 1900
HOA Fees
- $967 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
Interior Spaces
- 1,346 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Air
- Vented Exhaust Fan
- Hot Water Heating System
- Boiler Heating System
Additional Features
- Accessible Elevator Installed
- Deck
- Additional Parcels
Community Details
- Association fees include building exterior, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, sanitation, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Condo 0313 The Itasca Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202924120055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2025
Closed on
Mar 3, 2026
Sold by
Thell Barbara
Bought by
Gerhardt Mary
Seller's Agent
Jacob Milton
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Kimberly Clark
RE/MAX Results
List Price
$460,000
Sold Price
$456,244
Premium/Discount to List
-$3,756
-0.82%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.93%
Original Mortgage
$364,995
Outstanding Balance
$364,995
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$86,485
Purchase Details
Closed on
Apr 29, 1999
Sold by
Shaffer Alvina T
Bought by
Thell Wayne G and Thell Barbara J
Purchase Details
Closed on
Feb 24, 1997
Sold by
Campagna Michael D
Bought by
Shaffer Alvina T
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $456,244 | Titlesmart | |
| Warranty Deed | -- | Title One Inc | |
| Warranty Deed | $173,000 | -- | |
| Warranty Deed | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,995 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $456,244 | -0.8% | $339 / Sq Ft |
| 02/16/2026 02/16/26 | Pending | -- | -- | -- |
| 01/05/2026 01/05/26 | Price Changed | $460,000 | 0.0% | $342 / Sq Ft |
| 01/05/2026 01/05/26 | For Sale | $460,000 | +0.8% | $342 / Sq Ft |
| 12/10/2025 12/10/25 | Off Market | $456,244 | -- | -- |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2024 | $4,998 | $347,000 | $44,000 | $303,000 |
| 2023 | $4,257 | $330,000 | $44,000 | $286,000 |
| 2022 | $4,479 | $347,000 | $42,000 | $305,000 |
| 2021 | $4,324 | $327,500 | $39,000 | $288,500 |
| 2020 | $4,346 | $327,500 | $17,000 | $310,500 |
| 2019 | $4,476 | $306,000 | $11,300 | $294,700 |
| 2018 | $4,177 | $306,000 | $11,300 | $294,700 |
| 2017 | $4,095 | $275,000 | $11,300 | $263,700 |
| 2016 | $3,768 | $248,000 | $11,300 | $236,700 |
| 2015 | $3,749 | $236,500 | $11,300 | $225,200 |
| 2014 | -- | $229,000 | $11,300 | $217,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Milton
-
Kimberly Clark
Buyer's Agent in 2026
Kimberly Clark
RE/MAX Results
(763) 591-6048
2 in this area
50 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6820416
APN: 22-029-24-12-0055
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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