Seller's Agent in 2025
Aleksa Montpetit
DRG
(651) 210-4213
48 in this area
161 Total Sales
716 N 1st St Unit 437 Minneapolis, MN 55401
North Loop Neighborhood
1
Bed
1
Bath
910
Sq Ft
$609/mo
HOA Fee
Highlights
- Community Garden
- Living Room
- 1-Story Property
- Patio
- Lobby
- Forced Air Heating and Cooling System
About This Home
As of July 2025Stunningly updated condo in the historic Itasca Lofts, featuring expansive south-facing windows with Downtown views. Nestled in a quiet location just steps from the Mississippi riverfront, this home offers tranquility and unbeatable walkability to everything the North Loop has to offer. Blending historic charm with modern updates including automated lights, blinds and thermostat; the unit showcases original exposed brick, soaring timber beam ceilings, and generous in-unit storage. Recent upgrades include sleek granite countertops in the kitchen and bathroom, a stylish tile backsplash and shower, elegant hardwood flooring throughout, and contemporary light fixtures. Itasca Lofts boasts incredible amenities, including the renowned Acme Comedy Club/Sticks Restaurant, plus In the Loop Coffee Shop. Residents also enjoy a shared patio with lush green space, bocce ball, and grills for outdoor entertaining. Contract parking is available, conveniently located across the street, offering options for underground heated parking or an outdoor surface lot.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,480
Year Built
- Built in 1900
HOA Fees
- $609 Monthly HOA Fees
Interior Spaces
- 910 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924120078
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, heating, internet, professional mgmt, trash, security, lawn care
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Itasca Lofts Subdivision
Amenities
- Community Garden
- Lobby
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2025
Closed on
Jul 11, 2025
Sold by
Paschke Christopher and Paschke Rebecca
Bought by
Sandra M Majhor Revocable Trust and Majhor
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Devon White
DRG
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Views
98
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
-$7,041
Avg. Annual Appreciation
-6.48%
Original Mortgage
$224,000
Outstanding Balance
$223,621
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$49,338
Purchase Details
Closed on
May 10, 2022
Sold by
Chad 1Oiittcjict
Bought by
Christopher Paschke and Paschke Rebecca
Purchase Details
Closed on
Jan 14, 2016
Sold by
Brochhausen Shari L
Bought by
Boettcher Chad
Purchase Details
Closed on
Feb 26, 2013
Sold by
Brochhausen Shari
Bought by
Brochhausen Shari L and Shari L Brochhausen Revocable Intervivos
Purchase Details
Closed on
Jul 10, 2012
Sold by
Jelle Dwight K and Hamilton Kay M
Bought by
Brochhausen Shari
Purchase Details
Closed on
Nov 15, 1999
Sold by
Lundervold Allan J and Lundervold Barbara J
Bought by
Jelle Dwight K and Hamilton Kay M
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 | $280,000 | Titlenexus | |
| Warranty Deed | $280,000 | None Listed On Document | |
| Deed | $184,400 | Titlenexus Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $150,000 | Title Nexus Llc | |
| Warranty Deed | $123,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $280,000 | 0.0% | $308 / Sq Ft |
| 05/21/2025 05/21/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $279,900 | -- | $308 / 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 |
|---|---|---|---|---|
| 2024 | $3,480 | $234,000 | $35,000 | $199,000 |
| 2023 | $2,911 | $223,000 | $35,000 | $188,000 |
| 2022 | $3,141 | $235,000 | $33,000 | $202,000 |
| 2021 | $2,969 | $222,000 | $31,000 | $191,000 |
| 2020 | $3,008 | $222,000 | $13,500 | $208,500 |
| 2019 | $3,098 | $207,500 | $9,000 | $198,500 |
| 2018 | $2,915 | $207,500 | $9,000 | $198,500 |
| 2017 | $2,872 | $186,500 | $9,000 | $177,500 |
| 2016 | $2,672 | $168,000 | $9,000 | $159,000 |
| 2015 | $2,680 | $160,500 | $9,000 | $151,500 |
| 2014 | -- | $154,500 | $9,000 | $145,500 |
Source: Public Records
Agents Affiliated with this Home
-
Aleksa Montpetit
-
Devon White
D
Buyer's Agent in 2025
Devon White
DRG
(218) 232-7635
1 in this area
6 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6685838
APN: 22-029-24-12-0078
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