$250,000 - $294,570
RENTED JUN 1, 2025

716 N 1st St Unit 535 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
980 Sq Ft
$288 Price per Sq Ft

About This Home

This spacious 1BD in Itasca Lofts is a one-of-a-kind opportunity to live in the first industrial condo conversion in Minneapolis! The original exposed brick & wooden beams provide a beautiful canvas for the updated kitchen, bedroom and bathroom. You'll find ample storage in-unit, and love the south facing windows with views of downtown! The island + barstools will stay, along with the built-in desk adjacent to the kitchen. This desirable North Loop location, nestled above Acme Comedy Club and just steps from the Mississippi River does not come around often! Included in rent: water/sewer/trash, electric, gas, heating, a/c, basic cable and internet; Tenant responsible for electric, gas, heating, a/c, basic cable and internet. App Fee: $78. Admin Fee: $150; Move-in fee: $250.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Nord Jay
Bought by
Darling Maverick
Current Estimated Value
$281,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,100
Outstanding Balance
$250,894
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$30,999

Purchase Details

Closed on
May 2, 2014
Sold by
Robert Engstrom Companies
Bought by
Nord Jay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2008
Sold by
Bank Of New York
Bought by
Singular Development Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Trainer Todd S
Bought by
Ripka Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Darling Maverick $265,100 --
Nord Jay D $180,000 None Available
Singular Development Resources Inc $133,875 --
Ripka Allison $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darling Maverick $265,100
Previous Owner Nord Jay D $132,000
Previous Owner Singular Development Resources Inc $136,500
Previous Owner Ripka Allisson $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Rented $2,150 0.0% --
04/17/2025 04/17/25 For Rent $2,150 -- --

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 $3,576 $274,000 $38,000 $236,000
2022 $3,678 $288,000 $36,000 $252,000
2021 $3,487 $272,000 $34,000 $238,000
2020 $3,498 $272,000 $14,600 $257,400
2019 $3,792 $254,000 $9,700 $244,300
2018 $3,568 $254,000 $9,700 $244,300
2017 $3,518 $228,500 $9,700 $218,800
2016 $3,276 $206,000 $9,700 $196,300
2015 $3,281 $196,500 $9,700 $186,800
2014 -- $190,000 $9,700 $180,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Devon White

    DRG

    (218) 232-7635

    1 Total Sale

    Devon White
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

716 N 1st St Unit 535, Minneapolis, MN

This home is located at 716 N 1st St Unit 535, Minneapolis, MN 55401 and is currently estimated at $281,893, approximately $287 per square foot. 716 N 1st St Unit 535 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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