$340,000
SOLD JUL 19, 2024
2 Beds
2 Baths
1,118 Sq Ft
$764/mo HOA Fee

Recently Sold

$304 Per Sq Ft

9% Below List Price

73 Days on Market

Highlights

  • Home Gym
  • Elevator
  • 1-Story Property
  • Community Garden
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Enjoy direct courtyard access from your large, elevated patio at this North Loop loft. This home at 720 Lofts features two bedrooms, two bathrooms, high ceilings, concrete floors, gas fireplaces, kitchen island, and vented laundry. This home also includes one heated indoor garage space and storage locker. Building amenities include live-in caretaker, secure bike storage, and fitness center. Ideal North Loop location.

Last Agent to Sell the Property

Brady Kroll

Edina Realty, Inc. Listed on: 05/02/2024

Edina Realty, Inc.

Last Buyer's Agent

Rita Marr Gehrke

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 2005

HOA Fees

  • $764 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240239

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (954) 926-2921
  • High-Rise Condominium
  • Cic 1300 710 Lofts Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,216

Year Built

Built in 2005

Lot Details

0

HOA Fees

$764 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1118
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1118
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Patio
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: None
  • Neighborhood: North Loop
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 954-926-2921
  • Association Fee: 764
  • Association: Yes
  • Amenities Unit: Patio

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2202924240239
  • Tax Annual Amount: 4216
  • TaxWithAssessments: 4216.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jul 10, 2024
Sold by
Miyahara Michael and Miyahara Elizabeth
Bought by
Jontz Jeffrey and Ruiz Christian
Seller's Agent
Brady Kroll
Edina Realty, Inc.
Buyer's Agent
Rita Marr Gehrke
Coldwell Banker Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Total Days on Market
73
Views
28
Current Estimated Value
$345,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,968
Avg. Annual Appreciation
1.93%
Original Mortgage
$125,000
Outstanding Balance
$124,062
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$221,906

Purchase Details

Closed on
Oct 10, 2006
Sold by
Tonka Property Mgmt Llc
Bought by
Miyahara Michael

Purchase Details

Closed on
Apr 28, 2006
Sold by
710 Lofts Inc
Bought by
Tonka Property Management Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $340,000 --
Warranty Deed $275,955 --
Warranty Deed $257,938 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $340,000 -2.9% $304 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $350,000 -6.7% $313 / Sq Ft
05/02/2024 05/02/24 For Sale $375,000 -- $335 / Sq Ft
Source: NorthstarMLS

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 $4,216 $323,000 $34,000 $289,000
2022 $4,421 $314,000 $30,000 $284,000
2021 $4,120 $314,000 $29,000 $285,000
2020 $4,653 $308,000 $8,000 $300,000
2019 $4,479 $321,000 $5,300 $315,700
2018 $4,214 $300,000 $5,300 $294,700
2017 $3,826 $248,500 $5,300 $243,200
2016 $3,674 $231,000 $5,300 $225,700
2015 $3,699 $221,500 $5,300 $216,200
2014 -- $213,500 $5,300 $208,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6522457

NorthstarMLS

APN: 22-029-24-24-0239