NOT LISTED FOR SALE

Estimated Value: $346,000 - $400,000

2 Beds
1.5 Baths
1,118 Sq Ft
$728/mo HOA Fee

Last Sold October 18, 2023

Last sale price $365,000 $326 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,151/month

29 Days on Market

Highlights

  • 90,823 Sq Ft lot
  • Home Gym
  • 1 Car Attached Garage
  • Deck
  • Elevator
  • Living Room

About This Home

As of October 2023

Experience urban living at its finest in the North Loop at 720 Lofts! This stunningly renovated 2 bedroom/2 bathroom loft boasts sleek concrete floors. The primary suite is a true retreat, complete with custom closets and a recently revamped en-suite bathroom. Step out onto your balcony to enjoy some fresh air, and revel in the convenience of in-unit laundry.The second bedroom is versatile and can serve as a welcoming space for guests, a cozy haven for kids, or a productive den/office area. The building offers an array of amenities, including a fitness center, bike storage, a climate-controlled storage room, and heated underground parking.Embrace city life at its best with this prime North Loop location – you'll be within walking distance of top-notch restaurants, enticing shopping options, and captivating entertainment venues. Plus, you'll be just two blocks away from Target Field and lightrail. Don't miss out on this fantastic opportunity to make 720 Lofts your new home!

Last Agent to Sell the Property

Joe Grunnet

DRG Listed on: 09/09/2023

Last Buyer's Agent

Cali Flett

Property Executives Realty

Property Executives Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 2005

Lot Details

  • 2.09

HOA Fees

  • $728 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240284

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, 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
  • 720 Lofts Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,270

Year Built

Built in 2005

Lot Details

0

HOA Fees

$728 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
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Security
  • 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, Microwave, Range, Refrigerator, Washer
  • Living Area: 1118
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Deck
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Secured, 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, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 728
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ethernet Wired,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

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: 0
  • Lot Size Sq Ft: 90822.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2202924240284
  • Tax Annual Amount: 4270
  • TaxWithAssessments: 4270.0200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 20, 2023
Sold by
Johnson Stephanie
Bought by
Walker Mary Christine Ke
Seller's Agent
Joe Grunnet
DRG
Buyer's Agent
Cali Flett
Property Executives Realty
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Total Days on Market
29
Views
40
Current Estimated Value
$368,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,273
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Apr 26, 2019
Sold by
Korpi Janet L
Bought by
Johnson Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2017
Sold by
Thompson Jonathan
Bought by
Korpi Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Loosbrock Llc
Bought by
Thompson Jonathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,100
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2013
Sold by
Loosbrock Daniel and Loosbrock Jessica
Bought by
Loosbrock Llc

Purchase Details

Closed on
May 18, 2007
Sold by
710 Lofts Inc
Bought by
Loosbrock Daniel
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 Buyer Sale Price Title Company
Walker Mary Christine Ke $365,000 Legacy Title
Johnson Stephanie $362,000 Titlenexus Llc
Korpi Janet L $335,500 Titlenexus Llc
Thompson Jonathan R $277,500 Titlenexus Llc
Loosbrock Llc -- None Available
Loosbrock Daniel $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Stephanie $224,200
Previous Owner Johnson Stephanie $222,000
Previous Owner Korpi Janet L $155,000
Previous Owner Thompson Jonathan R $208,100
Previous Owner Loosbrock Daniel $232,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $365,000 -1.3% $326 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $369,900 -- $331 / 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 $4,377 $340,000 $34,000 $306,000
2022 $4,562 $330,000 $30,000 $300,000
2021 $4,244 $330,000 $29,000 $301,000
2020 $4,809 $323,500 $8,000 $315,500
2019 $4,600 $337,000 $5,300 $331,700
2018 $4,293 $315,000 $5,300 $309,700
2017 $3,953 $267,500 $5,300 $262,200
2016 $4,032 $253,500 $5,300 $248,200
2015 $4,058 $243,000 $5,300 $237,700
2014 -- $234,500 $5,300 $229,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6430763

NorthstarMLS

APN: 22-029-24-24-0284