$270,000 - $298,000
RENTED FEB 17, 2025

748 3rd St N Unit 602 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
711 Sq Ft
$403 Price per Sq Ft

About This Home

Live in a one-of-a-kind, top floor unit at historic Herschel Lofts! Nestled in the heart of the North Loop, you'll be steps from restaurants, retail, parks, and nightlife. Walking into the loft, you'll love the wall of windows, high ceilings, plank floors, custom closet organizers, updated bathroom, large bedroom, and balcony overlooking the neighborhood. The gourmet kitchen features stone countertops, tiled backsplash, and ample cabinetry. Included with rent: basic cable & internet, and water/sewer/trash. 1 parking stall available for an additional $155 per month. Tenant responsible for electricity (heat and A/C are electric.) App Fee: $78 per adult, Admin Fee: $150; Move-in fee: $100; security deposit is one month’s rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2014
Sold by
Essington Philip James and Essington Ludmila
Bought by
Commers Sara D
Current Estimated Value
$286,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,571
Outstanding Balance
$144,957
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$141,275
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Commers Sara D $206,191 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commers Sara D $185,571
Previous Owner Essington Philip James $165,680
Previous Owner Essington Philip James $175,950
Previous Owner Essington Philip James $32,996
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Rented $1,795 0.0% --
12/05/2024 12/05/24 For Rent $1,795 -- --

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 $3,887 $294,000 $70,000 $224,000
2022 $4,009 $285,500 $67,000 $218,500
2021 $3,872 $285,500 $58,000 $227,500
2020 $3,924 $285,500 $20,300 $265,200
2019 $3,986 $267,000 $13,500 $253,500
2018 $3,552 $267,000 $13,500 $253,500
2017 $3,229 $224,500 $13,500 $211,000
2016 $3,088 $210,000 $13,500 $196,500
2015 $3,153 $205,000 $13,500 $191,500
2014 -- $192,000 $13,500 $178,500
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
See All Agents

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

748 3rd St N Unit 602, Minneapolis, MN

This home is located at 748 3rd St N Unit 602, Minneapolis, MN 55401 and is currently estimated at $286,232, approximately $402 per square foot. 748 3rd St N Unit 602 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.

Nearby Homes