NOT LISTED FOR SALE

Estimated Value: $625,000 - $760,000

3 Beds
2 Baths
1,967 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $700,000 $356 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,480/month

88 Days on Market

Highlights

  • Building Security
  • Community Garden
  • Subterranean Parking
  • Home Gym
  • Elevator
  • Patio

About This Home

As of May 2020

Come see this amazing West facing corner unit with walls of glass and fantastic sky-line views of the downtown skyline! Step out onto a large balcony with views of the Twins stadium. Heated under ground parking with two stalls stalls 323 and 330 Located on P1, storage #3 on P2. The newly updated kitchen includes new cabinets granite surfaces, stainless steel appliances with a large island and open layout for entertaining! The private master bathroom is remodeled with new tile and stone counters! This immaculate unit has three bedrooms and an amazing layout and flow. Common amenities include a rooftop deck, exercise room, community room, onsite caretaker and management office. Perfect location in the heart of the North Loop with new park coming soon next door. Quick walk to light rail and Target Field.

Last Listed By

Mark Abdel

RE/MAX Advantage Plus Listed on: 02/20/2020

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,400

Year Built

  • Built in 2007

Lot Details

  • 2.09

HOA Fees

  • $927 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • Property Attached
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,967 Sq Ft Home
  • 1-Story Property
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2202924240527

Community Details

Overview

  • Association fees include building exterior, cable TV, hazard insurance, heating, internet, lawn care, outside maintenance, professional mgmt, sanitation, shared amenities, snow removal, water/sewer
  • First Service Residential Association
  • North Loop Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,400

Year Built

Built in 2007

Lot Details

0

HOA Fees

$927 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone, Stucco
  • Garage Spaces: 2.00
  • Accessibility Features: Elevator
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), In-Ground Sprinkler System, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1967.00
  • Above Grade Finished Area Search: 1967.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-777-2700
  • Carport Y N: No
  • Floor Plan Type: Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 13509
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1967.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924240527
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Breed Restriction, Pets - Cats Allowed, Pets - Dogs Allowed
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Sun Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Bathroom Type: Main Floor Full Bath, Separate Tub & Shower
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Heated Garage, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 927.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Cable, Exercise Room, In-Ground Sprinkler, Kitchen Center Island, Kitchen Window, Master Bedroom Walk-In Closet, Patio, Sun Room, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: Common
  • Homestead: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1300 710 LOFTS UNIT NO 730602
  • Tax Amount: 9400.00
  • Tax Year: 2020
  • Tax With Assessments: 9400.00
  • Assessor Parcel Number: 2202924240527

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 18, 2020
Sold by
Scarfone Kathleen L and Scarfone Anthony C
Bought by
Dubois Michael
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$729,900
Sold Price
$700,000
Premium/Discount to List
-$29,900
-4.1%
Total Days on Market
88
Current Estimated Value
$686,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,316
Avg. Annual Appreciation
-0.39%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jul 31, 2015
Sold by
710 Lofts Inc
Bought by
Scarfone Anthony C and Scarfone Kathleen L
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$475,000
Sold Price
$520,000
Premium/Discount to List
$45,000
9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

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
Dubois Michael $700,000 Trademark Title Services Inc
Scarfone Anthony C $520,000 Trademark Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $700,000 -4.1% $356 / Sq Ft
02/20/2020 02/20/20 For Sale $729,900 +40.4% $371 / Sq Ft
07/31/2015 07/31/15 Sold $520,000 +4.0% $264 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/07/2015 07/07/15 Price Changed $500,000 +5.3% $254 / Sq Ft
07/07/2015 07/07/15 For Sale $475,000 -- $241 / 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 $8,734 $638,000 $65,000 $573,000
2022 $8,952 $619,000 $59,000 $560,000
2021 $8,437 $619,000 $56,000 $563,000
2020 $9,589 $607,000 $15,900 $591,100
2019 $9,117 $632,500 $10,600 $621,900
2018 $8,474 $591,000 $10,600 $580,400
2017 $7,868 $509,000 $10,600 $498,400
2016 $7,522 $473,000 $10,600 $462,400
2015 $7,564 $453,000 $10,600 $442,400
2014 -- $437,000 $10,600 $426,400
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5471396

NorthstarMLS

APN: 22-029-24-24-0527