$237,000 - $306,000
RENTED FEB 17, 2025
1 Bed
1 Bath
711 Sq Ft
0.72 Acres

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Home Gym
  • Wheelchair Ramps
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

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.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 12/05/2024

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 2006

Lot Details

  • 0.72

Parking

  • 1 Car Garage

Interior Spaces

  • 711 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Wheelchair Ramps
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Herschel Lofts Subdivision

Listing and Financial Details

  • Property Available on 12/5/24
  • Tenant pays for heat
  • The owner pays for cable TV, trash collection, water
  • Assessor Parcel Number 2202924210426

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,197

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 6 Months
  • Available Date: 2024-12-05
  • Lease Price: 1795.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1795.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 711
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 711
  • Owner Pays: Cable TV, Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2202924210426

Multi Family

  • TenantPays: Heat

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
$274,509

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
$142,945
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$131,564
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2025 02/17/25 Rented $1,795 0.0% --
12/05/2024 12/05/24 For Rent $1,795 -- --
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
2024 $4,197 $279,000 $70,000 $209,000
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

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Map

Source: NorthstarMLS

MLS Number: 6637718

NorthstarMLS

APN: 22-029-24-21-0426