720 Lofts 720 N 4th St Unit 502 Minneapolis, MN 55401
North Loop NeighborhoodEstimated payment $5,367/month
Highlights
- City View
- 1 Fireplace
- Elevator
- Deck
- Home Gym
- The kitchen features windows
About This Home
Modern Loft Living in the Heart of the North Loop! Rarely available and effortlessly stylish, this expansive 3-bedroom corner loft blends modern industrial charm with refined comfort. Boasting a bright and airy open floorplan with coveted south and southwest exposure, this home is drenched in natural light thanks to dramatic floor-to-ceiling windows. The spacious living and dining areas are perfect for entertaining, while the sleek concrete flooring in the main living space adds urban edge. All three bedrooms feature full-sized windows and generous closets, ensuring both style and function. The bedrooms are newly carpeted for added warmth, and the entire unit has been freshly painted for a crisp, move-in ready finish. Step out onto your private balcony with a gas hookup—ideal for grilling or relaxing with a view. The kitchen has been thoughtfully upgraded with stunning black stainless appliances and modern lighting that extends into the dining area. The primary suite offers spa-like luxury with dual vanities, a jetted soaking tub, and a separate walk-in shower. Dues include everything but electricity, making day-to-day living effortless and cost-efficient. Set in the vibrant North Loop, you're steps from the city's best restaurants, bars, shops, Target Field & Stadium, light rail transit, and the Mississippi River. Building amenities include a fitness room, bike storage, and even a car wash area — adding convenience to downtown living.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,208
Year Built
- Built in 2006
HOA Fees
- $1,264 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
Interior Spaces
- 1,751 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Entrance Foyer
- Living Room
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924240293
Community Details
Overview
- Association fees include air conditioning, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1300 710 Lofts Subdivision
Amenities
- Elevator
Map
About 720 Lofts
Home Values in the Area
Average Home Value in this Area
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 | $7,747 | $517,000 | $55,000 | $462,000 |
| 2023 | $6,799 | $517,000 | $53,000 | $464,000 |
| 2022 | $6,964 | $502,000 | $48,000 | $454,000 |
| 2021 | $6,581 | $502,000 | $45,000 | $457,000 |
| 2020 | $7,468 | $492,000 | $12,800 | $479,200 |
| 2019 | $7,151 | $512,500 | $8,500 | $504,000 |
| 2018 | $6,723 | $479,000 | $8,500 | $470,500 |
| 2017 | $6,344 | $412,000 | $8,500 | $403,500 |
| 2016 | $6,091 | $383,000 | $8,500 | $374,500 |
| 2015 | $6,120 | $366,500 | $8,500 | $358,000 |
| 2014 | -- | $354,000 | $8,500 | $345,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $644,900 | -2.3% | $368 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $659,900 | -2.2% | $377 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $675,000 | -- | $385 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Home Title | |
| Warranty Deed | $441,776 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $358,723 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 6679808
APN: 22-029-24-24-0293
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