RENTED MAY 1, 2025

720 Lofts 720 N 4th St Unit 415 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $397,554 - $544,000

2 Beds
2 Baths
1,096 Sq Ft
90,823 Sq Ft Lot

Highlights

  • Deck
  • Home Gym
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Eat-In Kitchen

About This Home

As of May 2025

Live in the heart of the North Loop in this 2 bedroom, 2 bathroom, corner unit loft with 2 underground garage parking spots, and including most utilities. Corner unit loft features floor to ceiling windows, exposed columns and ductwork, 10 ft ceilings, a private balcony, windows in both bedrooms, polished concrete floors, in-unit laundry, and a modern kitchen with stainless steel appliances, granite countertops, and a dishwasher. Updates just finished: fresh off-white paint throughout the unit, cabinet refinishing, floor resealing and new vanity mirror/light in primary bath. Easy walk to Target Field, downtown Mpls, light-rail, and loads of shops, restaurants and breweries. Fitness and secure bike storage in building. Rent includes two (tandem) heated underground parking stalls, basic cable and internet, heat and water/sewer/trash (tenant pays electric and any cable/internet upgrades). A pet is negotiable.

Last Agent to Rent the Property

Nora Webb

Verve Realty Listed on: 02/17/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 2.09

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Tandem Parking
  • Garage Door Opener
  • Shared Driveway
  • Secure Parking

Home Design

  • Metal Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Deck
  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 2/24/25
  • The owner pays for cable TV, heat, trash collection
  • Assessor Parcel Number 2202924240291

Community Details

Overview

  • No Home Owners Association
  • Association fees include maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
  • High-Rise Condominium
  • Cic 1300 710 Lofts Subdivision

Additional Features

  • Security
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

2.09 Acres

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 24 Months
  • Available Date: 2025-02-24
  • Lease Price: 2595.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2595.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • 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: 1096
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1096
  • Owner Pays: Cable TV, Heat, Trash Collection
  • 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

  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Tandem, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Association: No
  • Amenities Unit: Balcony,Cable,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family,Other
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Assessor Parcel Number: 2202924240291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2019
Sold by
Sherry Timothy and Sherry Jill
Bought by
Lu Yuan
Current Estimated Value
$407,271

Purchase Details

Closed on
Mar 28, 2017
Sold by
Joneja Mick
Bought by
Tebbe Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,900
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Lohse David J and Lohse Jennifer
Bought by
Joneja Mick

Purchase Details

Closed on
Jan 20, 2006
Sold by
710 Lofts Inc
Bought by
Lohse David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,160
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Yuan $397,124 Edina Realty Title Inc
Tebbe Jill $381,000 Edina Realty Title Inc
Joneja Mick $265,000 --
Lohse David J $312,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tebbe Jill $342,900
Previous Owner Lohse David J $281,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $2,595 0.0% --
03/25/2025 03/25/25 Off Market $2,595 -- --
02/21/2025 02/21/25 For Rent $2,595 0.0% --
02/20/2025 02/20/25 Off Market $2,595 -- --
02/17/2025 02/17/25 For Rent $2,595 +1.8% --
05/12/2023 05/12/23 Rented $2,550 0.0% --
04/12/2023 04/12/23 Under Contract -- -- --
03/10/2023 03/10/23 For Rent $2,550 -- --
Source: NorthstarMLS

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 $5,384 $362,000 $55,000 $307,000
2023 $4,725 $362,000 $33,000 $329,000
2022 $4,932 $351,000 $30,000 $321,000
2021 $4,601 $351,000 $28,000 $323,000
2020 $5,153 $344,000 $7,800 $336,200
2019 $4,927 $358,500 $5,200 $353,300
2018 $4,599 $335,000 $5,200 $329,800
2017 $4,239 $284,500 $5,200 $279,300
2016 $4,036 $264,500 $5,200 $259,300
2015 $4,042 $253,500 $5,200 $248,300
2014 -- $244,500 $5,200 $239,300
Source: Public Records

Agents Affiliated with this Home

  • Nora Webb

    Landlord's Agent in 2025

    Nora Webb

    Verve Realty

    (612) 245-9205

    1 in this area

    235 Total Sales

    Nora Webb
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About 720 Lofts

Map

Source: NorthstarMLS

MLS Number: 6670815

NorthstarMLS

APN: 22-029-24-24-0291

Minnesota Hennepin County Minneapolis 55401 North Loop

720 N 4th St Unit 415, Minneapolis, MN

Not Listed for Sale

Condos

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NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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