720 Lofts 720 N 4th St Unit 306 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $344,000 - $402,000
2
Beds
2
Baths
1,080
Sq Ft
$707/mo
HOA Fee
Highlights
- Deck
- Home Gym
- Elevator
- 1 Fireplace
- Community Garden
- Living Room
About This Home
As of March 2023Smart 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.
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
- 1 Car Garage
- 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
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%
Total Days on Market
0
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,675
Avg. Annual Appreciation
2.10%
Original Mortgage
$329,650
Outstanding Balance
$321,075
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$42,600
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,520
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Steen Sherman | $208,250 | |
| Previous Owner | Steen Sherman | $37,786 | |
| Previous Owner | Steen Sherman | $205,830 | |
| Previous Owner | Lewis Lynel | $213,520 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $4,193 | $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
-
Brady Kroll
Seller's Agent in 2023
Brady Kroll
Edina Realty, Inc.
(612) 770-7230
38 in this area
102 Total Sales
-
Michael McGregor
Buyer's Agent in 2023
Michael McGregor
Coldwell Banker Burnet
(612) 554-8324
2 in this area
57 Total Sales
About 720 Lofts
Map
Source: NorthstarMLS
MLS Number: 6321874
APN: 22-029-24-24-0267
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