728 N 3rd St Unit 704 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $272,000 - $331,000
1
Bed
1
Bath
540
Sq Ft
$542/mo
HOA Fee
Highlights
- Elevator
- Entrance Foyer
- Forced Air Heating and Cooling System
- Living Room
- 1-Story Property
- High-Rise Condominium
About This Home
As of March 2023Enjoy nearby vibrant entertainment, downtown views, and relax on exclusive rooftop patio. This sale includes all furnishings as seen in photos! Flexibility in short & long term rentals, AND owner occupancy. Enjoy a couple nights downtown in between rentals!Kitchen is equipped with stainless steel appliances, granite countertops, and lots of cabinetry + WFH space! Living room boasts stunning views through the oversized windows. Bedroom, a full bath w/ luxurious finishes, and a convenient stacked laundry closet. 1st floor Member’s Lounge w/ wet bar & lounge. Incredible rooftop patio includes an outdoor kitchen w/ gas grill, TV, & impeccable panoramic views of MPLS’ skyline. Connected to the building is the Nordic offering a wonderful fitness center at $20/month for owners. Short term rentals are managed through Minnestay, keeping rentals secure & straightforward. This unit comes with a strong rental history & high reviews on Airbnb and VRBO! 1 covered parking spot included in sale.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,318
Year Built
- Built in 2019
Lot Details
- 1.53
HOA Fees
- $542 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 540 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
Kitchen
- Range
- Microwave
- Freezer
- 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 2202924240772
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, shared amenities, water
- Gassen Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Cic 2098 Sable Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2022
Closed on
Mar 3, 2023
Sold by
Harting John and Harding Erin
Bought by
701 Fmp Llc
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
Erick Patterson
P.S. Real Estate, LLC
List Price
$300,000
Sold Price
$274,000
Premium/Discount to List
-$26,000
-8.67%
Total Days on Market
127
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,805
Avg. Annual Appreciation
2.63%
Original Mortgage
$219,200
Outstanding Balance
$213,560
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$77,245
Purchase Details
Listed on
Sep 22, 2022
Closed on
Feb 27, 2023
Sold by
Harting John and Harting Erin
Bought by
701 Fmp Llc
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
Erick Patterson
P.S. Real Estate, LLC
List Price
$300,000
Sold Price
$274,000
Premium/Discount to List
-$26,000
-8.67%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Outstanding Balance
$213,560
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$77,245
Similar Homes in Minneapolis, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 701 Fmp Llc | $274,000 | -- | |
| 701 Fmp Llc | $274,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 701 Fmp Llc | $219,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $274,000 | -3.9% | $507 / Sq Ft |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 12/07/2022 12/07/22 | Price Changed | $285,000 | -5.0% | $528 / Sq Ft |
| 09/22/2022 09/22/22 | For Sale | $300,000 | -- | $556 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,250 | $249,000 | $10,000 | $239,000 |
| 2022 | $4,324 | $249,000 | $9,200 | $239,800 |
| 2021 | $4,175 | $311,500 | $9,200 | $302,300 |
| 2020 | $4,324 | $311,500 | $9,200 | $302,300 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Desrochers
Seller's Agent in 2023
Daniel Desrochers
eXp Realty
(612) 554-4773
1 in this area
1,714 Total Sales
-
Erick Patterson
Buyer's Agent in 2023
Erick Patterson
P.S. Real Estate, LLC
(612) 220-7673
25 in this area
70 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6263433
APN: 22-029-24-24-0772
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