Seller's Agent in 2025
Tom Edelstein
Coldwell Banker Burnet
(651) 695-4300
2 in this area
354 Total Sales
748 3rd St N Unit 507 Minneapolis, MN 55401
North Loop Neighborhood
1
Bed
1
Bath
727
Sq Ft
$640/mo
HOA Fee
Highlights
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- Living Room
- Home Gym
- Subterranean Parking
- Lobby
About This Home
As of March 2025Step inside this beautifully updated 1-bedroom, 1-bathroom corner unit at the iconic Herschel Lofts, located in the heart of the vibrant North Loop. Originally a manufacturing plant, this historic building was transformed into modern lofts in 2006, seamlessly blending industrial charm with today’s sleek, contemporary living. Recently renovated from top to bottom, this condo offers a fresh, exciting living experience. The kitchen has been completely updated with stylish, modern finishes and sleek new appliances, making it perfect for preparing everything from quick meals to entertaining guests. Fresh floors flow throughout the entire space, and the bathroom has been thoughtfully updated with a clean, contemporary design. As a corner unit, this condo is bathed in natural light from multiple large windows, offering stunning views of Minneapolis. The open-concept living area features exposed brick, soaring ceilings, and concrete floors, giving it that unmistakable loft vibe. Step outside onto your private balcony to enjoy the vibrant neighborhood views or relax while soaking in the city’s energy. The spacious bedroom offers plenty of room to unwind, and the in-unit washer and dryer make laundry a breeze. This unit is the ultimate urban retreat, combining historic character with modern amenities. Herschel Lofts offers exceptional building amenities, including a fully-equipped fitness center, underground parking, and convenient guest parking. Pet owners will love the dog park right next to the parking lot, perfect for letting your furry friend run and play. The prime location puts you steps away from the best shops, restaurants, and entertainment the North Loop has to offer.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 651-270-1667 Listed on: 11/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,864
Year Built
- Built in 1915
HOA Fees
- $640 Monthly HOA Fees
Parking
- Subterranean Parking
- Heated Garage
- Guest Parking
- Secure Parking
Interior Spaces
- 727 Sq Ft Home
- 1-Story Property
- Living Room
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Accessible Elevator Installed
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924210423
Community Details
Overview
- Association fees include cable TV, internet, lawn care, parking, professional mgmt, trash, snow removal
- First Service Residential Association, Phone Number (952) 277-2716
- High-Rise Condominium
- Cic 1711 Herschel Lofts Subdivision
Amenities
- Lobby
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Mar 14, 2025
Sold by
Bergo Dane Ryan and Bergo Tsoi Miu
Bought by
Tasch Amy
Seller's Agent
Tom Edelstein
Coldwell Banker Realty
Buyer's Agent
Christa Thompson
Lakes Sotheby's International Realty
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Views
98
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
$5,571
Avg. Annual Appreciation
3.92%
Original Mortgage
$195,000
Outstanding Balance
$193,980
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$46,591
Purchase Details
Closed on
Mar 18, 2021
Sold by
Zieske Megan C and Zieske Richard
Bought by
Bergo Dane Ryan and Bergo Tsoi Miu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
2.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2018
Sold by
Cook Aaron M
Bought by
Zieske Megan Claire and Zieske Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2015
Sold by
Guest Michael S and Borton Kimberly
Bought by
Cook Aaron M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.68%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Watermark Title | |
| Warranty Deed | -- | Partners Title | |
| Warranty Deed | $260,000 | Edina Realty Title Inc | |
| Warranty Deed | $225,000 | Trademark Title Services Inc | |
| Deed | $289,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | New Conventional | |
| Previous Owner | $231,920 | New Conventional | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $213,750 | New Conventional | |
| Closed | $289,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $235,000 | 0.0% | $323 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | Off Market | $235,000 | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $244,900 | -2.0% | $337 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $249,900 | -5.7% | $344 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $265,000 | -- | $365 / 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 |
|---|---|---|---|---|
| 2024 | $4,179 | $281,000 | $72,000 | $209,000 |
| 2023 | $3,864 | $296,000 | $72,000 | $224,000 |
| 2022 | $3,842 | $287,500 | $69,000 | $218,500 |
| 2021 | $3,711 | $287,500 | $59,000 | $228,500 |
| 2020 | $3,725 | $287,500 | $20,700 | $266,800 |
| 2019 | $4,009 | $268,500 | $13,800 | $254,700 |
| 2018 | $3,771 | $268,500 | $13,800 | $254,700 |
| 2017 | $3,487 | $226,500 | $13,800 | $212,700 |
| 2016 | $3,364 | $211,500 | $13,800 | $197,700 |
| 2015 | -- | $206,500 | $13,800 | $192,700 |
| 2014 | -- | $193,500 | $13,800 | $179,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Edelstein
-
Henry Edelstein
Seller Co-Listing Agent in 2025
Henry Edelstein
Coldwell Banker Burnet
(651) 270-1667
3 in this area
418 Total Sales
-
Christa Thompson
C
Buyer's Agent in 2025
Christa Thompson
Lakes Sotheby's International Realty
(612) 423-7171
2 in this area
36 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6629050
APN: 22-029-24-21-0423
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