$310,000
SOLD JAN 23, 2025
1 Bed
1 Bath
940 Sq Ft
$661/mo HOA Fee

Recently Sold

$330 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

  • 90,823 Sq Ft lot
  • Elevator
  • Forced Air Heating and Cooling System
  • Home Gym
  • Living Room
  • Secure Parking

About This Home

As of January 2025

Welcome to the 720 Lofts! This condo is close to all your favorite North Loop restaurants, breweries, activities, shops and more. The home features beautiful views of the shared courtyard, designated underground heated parking, a shared exercise room and so much more. Inside the condo you will find stainless steel appliances, an open concept kitchen and living room area, a large bedroom, in-unit laundry/bathroom combo, and large floor to ceiling windows that bring an abundance of natural light. This prime location makes it easy to access major highways, to visit or work downtown Minneapolis, attending Twins games at Target Field and a quick 20 minute drive to Minneapolis International Airport for all your travels! Truly this North Loop gem offers all of the conveniences you could need, as well as space to create and build equity in your own condo oasis! Don't miss out on this rare opportunity, schedule a showing today!

Last Agent to Sell the Property

Kasey Smith

Keller Williams Select Realty Listed on: 11/12/2024

Keller Williams Select Realty

Last Buyer's Agent

Lindsey Wold

Engel & Volkers Minneapolis Downtown

Engel & Volkers Minneapolis Downtown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 2005

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Interior Spaces

  • 940 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room
  • Home Gym
  • Basement Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240257

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, gas, internet, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1300 710 Lofts Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,318

Year Built

Built in 2005

Lot Details

0

HOA Fees

$661 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 940
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Other, Storage/Locker, Storage Space
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric
  • Living Area: 940
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Parking Garage, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Gas, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 661
  • Association: Yes
  • Amenities Unit: Balcony

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: 557x162
  • Lot Size Sq Ft: 90822.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2202924240257
  • Tax Annual Amount: 3318
  • TaxWithAssessments: 3317.7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Jan 17, 2025
Sold by
Johnson Maxwell and Johnson Max
Bought by
Manguson Janet
Seller's Agent
Kasey Smith
Keller Williams Select Realty
Buyer's Agent
Lindsey Wold
Engel & Volkers Minneapolis Downtown
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Views
22
Current Estimated Value
$311,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,940
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Dyer Teshon
Bought by
Johnson Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,235
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Kieffer John P and Kieffer Benjamin E
Bought by
Dyer Teshon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,625
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2010
Sold by
Volkmann Jessica and Volkmann Brian
Bought by
Kietter John P
Source: Public Records

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Range of Values:

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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 $310,000 Great North Title
Warranty Deed $275,500 All American Title Company
Warranty Deed $237,500 Dca Title
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $267,235 New Conventional
Previous Owner $225,625 New Conventional
Previous Owner $191,873 FHA
Previous Owner $10,500 Credit Line Revolving
Previous Owner $186,877 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $310,000 -3.1% $330 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $320,000 -- $340 / 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 $3,318 $265,000 $28,000 $237,000
2022 $3,458 $257,000 $26,000 $231,000
2021 $3,204 $257,000 $24,000 $233,000
2020 $3,637 $251,500 $6,800 $244,700
2019 $3,474 $262,000 $4,500 $257,500
2018 $3,231 $245,000 $4,500 $240,500
2017 $2,931 $206,000 $4,500 $201,500
2016 $3,046 $191,500 $4,500 $187,000
2015 $3,064 $183,500 $4,500 $179,000
2014 -- $177,000 $4,500 $172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6626501

NorthstarMLS

APN: 22-029-24-24-0257