NOT LISTED FOR SALE

728 N 3rd St Unit 302 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $275,000 - $277,709

1 Bed
1 Bath
455 Sq Ft
$496/mo HOA Fee

Last Sold January 04, 2023

Last sale price $254,000 $558 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,231/month

Highlights

  • City View
  • 1 Car Attached Garage
  • Living Room
  • Elevator
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of January 2023

Opportunity to own an investment property you too can enjoy. Sable offers a unique opportunity with the only Airbnb/short-term rentalbuilding in the Twin Cities. Management takes care of everything from cleaning to booking your condo. Rent out your unit as much or littleas you desire. The model gives the owner complete autonomy with no headaches of managing the unit. This one-bedroom, one-bath islocated in the center of the North Loop of Downtown Minneapolis.The unit can be sold with or without the furniture seen in the photos.

Last Agent to Sell the Property

Ben Ryalls

RE/MAX Advantage Plus Listed on: 03/22/2022

RE/MAX Advantage Plus

Last Buyer's Agent

Erick Patterson

P.S. Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 2019

Lot Details

  • 0.47

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Fee
  • Assigned Parking

Interior Spaces

  • 455 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924240736

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
  • Gassen Association, Phone Number (952) 922-5575
  • High-Rise Condominium
  • Cic 2098 Sable Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,548

Year Built

Built in 2019

Lot Details

0

HOA Fees

$496 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, Hallways 42"+, Wheelchair Ramp(s), Roll-In Shower
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 455
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 455
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • Shared Rooms: Community Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Concrete, More Parking Offsite for Fee, More Parking Onsite for Fee

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 496
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),City View,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Gassen

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Sq Ft: 20473.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Other

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2202924240736
  • Tax Annual Amount: 3548
  • TaxWithAssessments: 3554.3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jan 4, 2023
Sold by
Dyson Sphere Properties Llc
Bought by
Jpp Condo Llc
Seller's Agent
Ben Ryalls
RE/MAX Advantage Plus
Buyer's Agent
Erick Patterson
P.S. Real Estate, LLC
List Price
$265,000
Sold Price
$254,000
Premium/Discount to List
-$11,000
-4.15%
Views
1
Current Estimated Value
$276,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,570
Avg. Annual Appreciation
3.00%
Original Mortgage
$190,500
Outstanding Balance
$62,235
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$212,978
Source: Public Records

Range of Values:

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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
Jpp Condo Llc $259,882 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jpp Condo Llc $190,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $254,000 -4.2% $558 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $265,000 -- $582 / 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 $3,284 $205,000 $9,000 $196,000
2022 $3,554 $205,000 $8,000 $197,000
2021 $3,432 $256,000 $7,600 $248,400
2020 $3,554 $256,000 $7,600 $248,400
Source: Public Records

Agents Affiliated with this Home

  • Ben Ryalls

    Seller's Agent in 2023

    Ben Ryalls

    RE/MAX Advantage Plus

    (651) 706-0818

    1 in this area

    27 Total Sales

    Ben Ryalls
    Section Image
  • Erick Patterson

    Buyer's Agent in 2023

    Erick Patterson

    P.S. Real Estate, LLC

    (612) 220-7673

    24 in this area

    66 Total Sales

    Erick Patterson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6165614

NorthstarMLS

APN: 22-029-24-24-0736

Minnesota Hennepin County Minneapolis 55401 North Loop

728 N 3rd St Unit 302, Minneapolis, MN

This home is located at 728 N 3rd St Unit 302, Minneapolis, MN 55401 since 22 March 2022 and is currently estimated at $276,570, approximately $607 per square foot. This property was built in 2019. 728 N 3rd St Unit 302 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

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