NOT LISTED FOR SALE

Estimated Value: $361,000 - $391,000

2 Beds
2 Baths
1,118 Sq Ft
$638/mo HOA Fee

Last Sold November 10, 2023

Last sale price $345,000 $309 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,026/month

83 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • High-Rise Condominium
  • 1-Story Property
  • Heated Garage

About This Home

As of November 2023

Experience the prime North Loop lifestyle with this beautiful two-bedroom, two-bathroom condominium located at 720 Lofts. The condo features exquisite hardwood floors, modern stainless steel appliances, a spacious kitchen island, a cozy gas fireplace, intelligent built-in storage solutions, and a private balcony. The primary bedroom is impressive, boasting a walk-through closet that leads to a luxurious en suite bathroom. The second bedroom doubles as a den and includes a convenient Murphy bed. The second bathroom is equipped with a shower, making it perfect for accommodating overnight guests. The building comes with the added perks of a heated, indoor garage space and a storage unit. 720 Lofts also offers attentive live-in caretakers, on-site management services, a secure bike room, and a fitness center. This fantastic property is situated in the highly desirable North Loop neighborhood blocks from Target Field and metro transportation making it an ideal location.

Last Agent to Sell the Property

Jerron Weaver-Smith

DRG Listed on: 07/24/2023

Last Buyer's Agent

Dane Everett

Counselor Realty, Inc.

Counselor Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 2005

Lot Details

  • 2.09

HOA Fees

  • $638 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2202924240269

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,341

Year Built

Built in 2005

Lot Details

0

HOA Fees

$638 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
  • 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: Living Room
  • Living Area: 1118
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

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

Exterior Features

  • Fencing: None
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Attached Garage, 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, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 638
  • 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: Common
  • 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: 2023
  • Assessor Parcel Number: 2202924240269
  • Tax Annual Amount: 4341
  • TaxWithAssessments: 4340.5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Nov 10, 2023
Sold by
Roccaforte Jolene
Bought by
Fredrickson Neal
Seller's Agent
Jerron Weaver-Smith
DRG
Buyer's Agent
Dane Everett
Counselor Realty, Inc.
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Views
120
Current Estimated Value
$374,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,765
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Mar 16, 2022
Sold by
Maiers Mitch
Bought by
Roccaforte Jolene

Purchase Details

Closed on
Feb 4, 2022
Sold by
Mitch Maiers
Bought by
Roccaforte Jolene

Purchase Details

Closed on
Feb 10, 2020
Sold by
Schrank Anthony and Schrank Aissa
Bought by
Maiers Mitch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Albertson Jeffrey A
Bought by
Wilkerson Alissa and Schrank Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,410
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Zwicky Christina J
Bought by
Albertson Jeffrey A

Purchase Details

Closed on
Aug 1, 2007
Sold by
710 Lofts Inc
Bought by
Zwicky Christina J
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
Fredrickson Neal $345,000 --
Roccaforte Jolene $380,000 --
Roccaforte Jolene $380,000 Titlenexus
Maiers Mitch $370,000 Burnet Title
Wilkerson Alissa $274,900 Fatco
Albertson Jeffrey A $240,000 --
Zwicky Christina J $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maiers Mitch $296,000
Previous Owner Wilkerson Alissa $247,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $345,000 -1.1% $309 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $349,000 -3.0% $312 / Sq Ft
07/27/2023 07/27/23 For Sale $359,900 -- $322 / 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 $4,716 $331,000 $55,000 $276,000
2023 $4,447 $345,000 $34,000 $311,000
2022 $4,569 $335,000 $30,000 $305,000
2021 $4,317 $335,000 $29,000 $306,000
2020 $4,957 $328,500 $8,000 $320,500
2019 $4,770 $342,000 $5,300 $336,700
2018 $4,484 $319,500 $5,300 $314,200
2017 $4,173 $271,000 $5,300 $265,700
2016 $3,992 $251,000 $5,300 $245,700
2015 -- $240,500 $5,300 $235,200
2014 -- $232,000 $5,300 $226,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6407047

NorthstarMLS

APN: 22-029-24-24-0269