$297,500
SOLD MAY 15, 2025
1 Bed
1 Bath
935 Sq Ft
$674/mo HOA Fee

Recently Sold

$318 Per Sq Ft

1% Below List Price

22 Days on Market

Highlights

  • Deck
  • Home Gym
  • Stainless Steel Appliances
  • Main Floor Primary Bedroom
  • Elevator
  • 1 Car Attached Garage

About This Home

As of May 2025

Experience vibrant urban living in the heart of Minneapolis' sought-after North Loop neighborhood at 720 Lofts. This stunning condo features an open floor plan with soaring ceilings that include customized track lighting, concrete floors, and expansive floor-to-ceiling windows that flood the space with natural light. The modern kitchen offers a large center island and stainless steel appliances, flowing effortlessly into the dining area and living room with a cozy gas fireplace. Step onto your private balcony with a gas hookup—perfect for grilling or relaxing outdoors. The spacious bedroom includes a large closet, with a full bath conveniently located nearby. In-unit laundry adds everyday ease. Additional highlights include heated underground parking and a private storage locker. Enjoy walkable access to award-winning restaurants, craft breweries, coffee shops, boutique shopping, Target Field, and the scenic Mississippi Riverfront. Explore nearby trails and parks, with light rail, major highways, and the airport just minutes away. Building amenities include a fitness center, secure bike storage locker, car wash area, and a live-in caretaker. HOA dues cover cable and high-speed internet. Don’t miss this incredible opportunity to live in the North Loop with top-notch amenities and the best of city living right outside your door.

Last Agent to Sell the Property

David Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122 Listed on: 03/21/2025

Coldwell Banker Realty

Co-Listed By

George Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122

Last Buyer's Agent

Isaac Kuehn

DRG

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 2005

HOA Fees

  • $674 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Secure Parking

Interior Spaces

  • 935 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Deck
  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240286

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, sewer, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • 720 Lofts Subdivision
  • Car Wash Area

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,123

Year Built

Built in 2005

Lot Details

0

HOA Fees

$674 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: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 935
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-250-0122
  • Attribution Contact: 952-250-0122
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 935
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Deck
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Attached Garage, 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, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 674
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Indoor Sprinklers,Kitchen Center Island,Main Floor Primary Bedroom,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: Common
  • Land Lease: No
  • Additional Parcels Description: 2202924240407
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2202924240286
  • Tax Annual Amount: 4123
  • TaxWithAssessments: 4123.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
Whitten Lesley
Bought by
Beiganski Darius
Current Estimated Value
$297,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
710 Lofts Inc
Bought by
Whitten Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,360
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $275,000 Burnet Title
Warranty Deed $231,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,000 New Conventional
Closed $220,000 New Conventional
Previous Owner $185,360 Adjustable Rate Mortgage/ARM
Previous Owner $34,755 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $297,500 -0.8% $318 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
03/22/2025 03/22/25 For Sale $299,900 -- $321 / 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 $3,626 $288,000 $27,000 $261,000
2022 $3,786 $280,000 $24,000 $256,000
2021 $3,524 $280,000 $23,000 $257,000
2020 $3,999 $274,500 $6,500 $268,000
2019 $3,994 $286,000 $4,300 $281,700
2018 $3,756 $267,500 $4,300 $263,200
2017 $3,464 $225,000 $4,300 $220,700
2016 $3,324 $209,000 $4,300 $204,700
2015 $3,348 $200,500 $4,300 $196,200
2014 -- $193,500 $4,300 $189,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6687745

NorthstarMLS

APN: 22-029-24-24-0286