NOT LISTED FOR SALE

Estimated Value: $346,000 - $405,000

2 Beds
2 Baths
1,080 Sq Ft
$707/mo HOA Fee

Last Sold March 16, 2023

Last sale price $347,000 $321 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,049/month

Highlights

  • Deck
  • Home Gym
  • Elevator
  • 1 Fireplace
  • Community Garden
  • Subterranean Parking

About This Home

As of March 2023

Smart two bed, two bath loft at 720 Lofts. Large living area, gas fireplace, private balcony, kitchen island, stainless appliances, new in-unit W/D, heated indoor parking, storage locker. Building offers secure bike room and fitness room. Ideal North Loop location.

Last Agent to Sell the Property

Brady Kroll

Edina Realty, Inc. Listed on: 01/09/2023

Edina Realty, Inc.

Last Buyer's Agent

Michael McGregor

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 2005

Lot Details

  • 2.09

HOA Fees

  • $707 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Home Gym

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240267

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, parking, professional mgmt, trash, shared amenities, water
  • First Service Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1300 710 Lofts Subdivision

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,365

Year Built

Built in 2005

Lot Details

0

HOA Fees

$707 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1080
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Exercise Room

Beds/Baths

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

Exterior Features

  • Neighborhood: North Loop

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, Gas, Hazard Insurance, Heating, Internet, Parking, Professional Mgmt, Trash, Shared Amenities, Water
  • Phone: 952-277-2700
  • Association Fee: 707
  • Association: Yes

Association/Amenities

  • HOA Management Co: First Service

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: NA
  • Land Lease: No
  • 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: 2022
  • Assessor Parcel Number: 2202924240267
  • Tax Annual Amount: 4365
  • TaxWithAssessments: 4365.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 7, 2023
Sold by
Steen Sherman
Bought by
Meinecke Sarah Gentry and Clark William Reid
Seller's Agent
Brady Kroll
Edina Realty, Inc.
Buyer's Agent
Michael McGregor
Coldwell Banker Realty
List Price
$350,000
Sold Price
$347,000
Premium/Discount to List
-$3,000
-0.86%
Views
21
Current Estimated Value
$374,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,463
Avg. Annual Appreciation
2.94%
Original Mortgage
$329,650
Outstanding Balance
$319,226
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$55,237

Purchase Details

Closed on
Aug 16, 2010
Sold by
Deutsche Bank Natl Trust
Bought by
Steen Sherman

Purchase Details

Closed on
Feb 24, 2006
Sold by
710 Lofts Inc
Bought by
Lewis Lynel
Source: Public Records

Range of Values:

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Average Value
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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
Meinecke Sarah Gentry $347,000 First American Title
Steen Sherman $217,000 --
Lewis Lynel $266,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meinecke Sarah Gentry $329,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $347,000 -0.9% $321 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $350,000 -- $324 / 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
2024 $4,587 $323,000 $55,000 $268,000
2023 $4,193 $327,000 $32,000 $295,000
2022 $4,365 $317,000 $29,000 $288,000
2021 $4,056 $317,000 $28,000 $289,000
2020 $4,599 $310,500 $7,700 $302,800
2019 $4,398 $323,500 $5,100 $318,400
2018 $4,098 $302,500 $5,100 $297,400
2017 $3,761 $256,000 $5,100 $250,900
2016 $3,578 $238,000 $5,100 $232,900
2015 $3,577 $228,000 $5,100 $222,900
2014 -- $219,500 $5,100 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321874

NorthstarMLS

APN: 22-029-24-24-0267