$240,000
SOLD SEP 17, 2015
1 Bed
1 Bath
873 Sq Ft
2.09 Acres

Recently Sold

$275 Per Sq Ft

4% Below List Price

68 Days on Market

Highlights

  • Building Security
  • Subterranean Parking
  • Patio
  • Elevator
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Spectacular high demand unit at 720 lofts in the heart of the North Loop. Quick walk to Target Field, light rail, shops, bars and restaurants. Ideal urban living!

Last Agent to Sell the Property

Alex Gese

RES Realty

RES Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 2005

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 873 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240240

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
  • First Service Residential Association
  • 720 Lofts Subdivision

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,696

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 873.00
  • Above Grade Finished Area Search: 873.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 109
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 16465
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 873.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924240240
  • Rental License: No
  • Restrictions Type: Pets - Breed Restriction, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Weight/Height Limit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas Burning, Living Room
  • Dining Room Features: Informal Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Underground Garage

Utilities

  • Heating: Fireplace, Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 400.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Patio, Washer/Dryer Hookup

Fee Information

  • Insurance Fee Frequency: N/A

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1300 710 LOFTS UNIT 720109
  • Tax Amount: 2696.00
  • Tax Year: 2015
  • Tax With Assessments: 2696.00
  • Assessor Parcel Number: 2202924240240

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 21, 2020
Sold by
Carlson Raymond C and Carlson Mary J
Bought by
Heitkamp Audrey A
Seller's Agent
Martha Webb
Edina Realty, Inc.
Buyer's Agent
Kathryn Murray
Bridge Realty, LLC
List Price
$310,000
Sold Price
$311,000
Premium/Discount to List
$1,000
0.32%
Total Days on Market
68
Current Estimated Value
$311,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552
Avg. Annual Appreciation
-0.93%
Original Mortgage
$279,900
Outstanding Balance
$252,308
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$45,250

Purchase Details

Listed on
Jul 11, 2015
Closed on
Sep 17, 2015
Sold by
Heerey Matthew R and Haley Allison
Bought by
Carlson Raymond C and Carlson Mary J
Seller's Agent
Alex Gese
RES Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $311,000 Le Sueur Cnty Abstract Co In
Warranty Deed $240,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $311,000 +0.3% $356 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $310,000 +29.2% $355 / Sq Ft
09/17/2015 09/17/15 Sold $240,000 -4.0% $275 / Sq Ft
07/11/2015 07/11/15 For Sale $249,900 -- $286 / Sq Ft
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
2023 $3,315 $266,000 $26,000 $240,000
2022 $3,455 $258,000 $24,000 $234,000
2021 $3,206 $258,000 $22,000 $236,000
2020 $3,812 $252,500 $6,300 $246,200
2019 $3,673 $263,000 $4,200 $258,800
2018 $3,455 $246,000 $4,200 $241,800
2017 $3,095 $201,000 $4,200 $196,800
2016 $2,703 $187,000 $4,200 $182,800
2015 $2,696 $179,000 $4,200 $174,800
2014 -- $173,000 $4,200 $168,800
Source: Public Records

Source: NorthstarMLS

MLS Number: NST4622253

NorthstarMLS

APN: 22-029-24-24-0240