$291,000 - $308,806
RENTED MAY 7, 2025

720 Lofts 720 N 4th St Unit 503 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
890 Sq Ft
$338 Price per Sq Ft

Last Sold September 29, 2022

Last sale price $299,900 $337 Per Sq Ft

Current estimated payment $1,974/month

About This Home

As of September 2022

Spacious industrial loft now available in the North Loop with parking and most utilities included with rent! You’ll love the 10 foot ceilings, polished concrete floors, upgraded lighting fixtures, stainless steel appliances, gas oven, large bedroom, balcony overlooking the courtyard, and in-unit washer & dryer. 720 Lofts provides a fitness center, professional management, and puts you steps from restaurants, retail, nightlife and Target Field. Included with rent: 1 indoor/heated parking stall, 1 storage unit, basic cable & internet, gas, and water/sewer/trash. Tenant responsible for electricity. App Fee: $78 per adult; Admin Fee: $150; Move-in Fee: $200; Security Deposit is One Month’s Rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 29, 2022
Sold by
Goth Kelsey and Goth James
Bought by
Amw1 Llc
Seller's Agent
Frances Bakke
Coldwell Banker Realty
Buyer's Agent
Kent Pitlick
Compass
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$301,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,302
Avg. Annual Appreciation
0.16%

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 26, 2022
Sold by
Wall Kelsey and Wall James
Bought by
Amw1 Llc
Seller's Agent
Frances Bakke
Coldwell Banker Realty
Buyer's Agent
Kent Pitlick
Compass
List Price
$299,900
Sold Price
$299,900

Purchase Details

Closed on
Oct 22, 2019
Sold by
Midwest Redemption Llc
Bought by
Wall Kelsey and Goth James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2019
Sold by
Stewart Marla J
Bought by
Shapiro Timur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,624
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2019
Sold by
Stewart Maria J
Bought by
Midwest Redemption Llc

Purchase Details

Closed on
Feb 7, 2019
Sold by
Stewart Marla J
Bought by
Minneapolis Property Llc

Purchase Details

Closed on
Apr 16, 2018
Sold by
Stanek Richard W
Bought by
Minneapolis Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.44%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 4, 2018
Sold by
Stewart Marla J
Bought by
Minneapolis Property Llc

Purchase Details

Closed on
Apr 17, 2017
Sold by
Stewart Marla J
Bought by
Alma Holdings Llc

Purchase Details

Closed on
Oct 18, 2016
Sold by
Stewart Marla J
Bought by
Alma Holdings Llc

Purchase Details

Closed on
May 15, 2013
Sold by
Olson Andrew M
Bought by
Stewart Marla J

Purchase Details

Closed on
Feb 6, 2006
Sold by
710 Lofts Inc
Bought by
Olson Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,160
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amw1 Llc $299,900 --
Amw1 Llc $299,900 All American Title
Wall Kelsey $280,000 Titlenexus Llc
Shapiro Timur -- None Available
Midwest Redemption Llc $500 None Available
Minneapolis Property Llc $90,000 None Available
Minneapolis Property Llc $7,486 None Available
Minneapolis Property Llc -- None Available
Alma Holdings Llc $47,474 None Available
Alma Holdings Llc $41,000 Attorney
Stewart Marla J $213,529 Titlenexus Llc
Olson Andrew M $220,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Kelsey $218,400
Previous Owner Midwest Redemption Llc $158,624
Previous Owner Stewart Marla J $10,000
Previous Owner Olson Andrew M $176,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Rented $2,100 0.0% --
03/13/2025 03/13/25 For Rent $2,100 0.0% --
09/29/2022 09/29/22 Sold $299,900 0.0% $337 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $299,900 -- $337 / Sq Ft

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 $3,498 $268,000 $27,000 $241,000
2022 $3,487 $260,000 $24,000 $236,000
2021 $3,242 $260,000 $23,000 $237,000
2020 $3,679 $255,000 $5,400 $249,600
2019 $3,511 $265,500 $3,600 $261,900
2018 $3,268 $248,000 $3,600 $244,400
2017 $2,929 $206,500 $3,600 $202,900
2016 $2,779 $192,000 $3,600 $188,400
2015 $2,775 $184,000 $3,600 $180,400
2014 -- $177,500 $3,600 $173,900
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2025

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    167 Total Sales

    Patrick Carson
    Section Image
  • Frances Bakke

    Seller's Agent in 2022

    Frances Bakke

    Coldwell Banker Burnet

    (651) 260-5007

    2 in this area

    46 Total Sales

    Frances Bakke
    Section Image
  • Steven Schmitz

    Seller Co-Listing Agent in 2022

    Steven Schmitz

    Coldwell Banker Burnet

    (952) 484-6045

    1 in this area

    251 Total Sales

    Steven Schmitz
    Section Image
  • Kent Pitlick

    Buyer's Agent in 2022

    Kent Pitlick

    Compass

    (651) 472-1101

    19 in this area

    102 Total Sales

    Kent Pitlick
    Section Image
See All Agents

About 720 Lofts

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

720 N 4th St Unit 503, Minneapolis, MN

This home is located at 720 N 4th St Unit 503, Minneapolis, MN 55401 and is currently estimated at $301,202, approximately $338 per square foot. 720 N 4th St Unit 503 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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