NOT LISTED FOR SALE

748 3rd St N Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $258,000 - $319,000

1 Bed
1 Bath
923 Sq Ft
$298/mo HOA Fee

Last Sold November 03, 2014

Last sale price $245,000 $265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,152/month

102 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • Balcony
  • Wheelchair Access
  • High-Rise Condominium

About This Home

As of November 2014

Come live in the hottest growing neighborhood in Minneapolis! Top floor unit, great private balcony that faces downtown, spacious floorplan, 1 BD plus den w/Murphy bed. Come enjoy all the North Loop has to offer in restaurants, entertainment, & shopping.

Last Agent to Sell the Property

Joe Grunnet

Downtown Resource Group, LLC Listed on: 06/26/2014

Last Buyer's Agent

Joe Grunnet

Downtown Resource Group, LLC Listed on: 06/26/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 2006

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 923 Sq Ft Home
  • Woodwork
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Wheelchair Access
  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, security system, snow removal, water
  • High-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 2202924210430

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,612

Year Built

Built in 2006

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC High Rise 4+ Level
  • Ada Features: Partially Wheelchair
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Balcony
  • Construction: Previously Owned
  • Foundation Size: 923
  • Parcel Number: 2202924210430
  • Projected Closed Date: 11/03/2014
  • Street Designation: Street
  • Taxes With Assessments: 3612
  • Unit: 606
  • Comp Dev Subdiv Name: Herschel Lofts
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x17, On Level: Main
  • Room 4: Kitchen, 18x17, On Level: Main
  • Room 5: Bedroom, 11x13, On Level: Main
  • Room 9: Den/Office, 10x12, On Level: Main
  • Finished Above Grade Sq Ft: 923
  • Total Fin Square Footage: 923

Exterior Features

  • Frontage Road: City
  • Exterior: Brick

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Electric
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Security System, Snow Removal, Water
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 298

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2014
  • Tax Value: 3612

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Galstad Richard A and Galstad Cathy R
Bought by
Gerring Grace
Current Estimated Value
$283,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,910
Outstanding Balance
$209,597
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,419

Purchase Details

Closed on
Sep 2, 2016
Sold by
Fort Daniel
Bought by
Galstad Richard A and Galstad Cathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 13, 2012
Sold by
Hawkins Michael J
Bought by
Fort Daniel
Seller's Agent
Joe Grunnet
Downtown Resource Group, LLC
Buyer's Agent
Nathan Roise
Keller Williams Integrity Realty
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$167,910
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2012
Sold by
Hawkins Michael J
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerring Grace $289,900 Titlenexus Llc
Galstad Richard A $250,000 Midland Title
Fort Daniel $174,000 On Site Title Llc
Federal National Mortgage Association $222,524 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerring Grace $260,910
Previous Owner Galstad Richard A $144,000
Previous Owner Galstad Richard A $50,000
Previous Owner Galstad Richard A $105,000
Previous Owner Fort Daniel $167,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2014 11/03/14 Sold $245,000 +20.2% $265 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
09/26/2014 09/26/14 Sold $203,900 -29.7% $280 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
08/15/2014 08/15/14 Sold $290,000 +11.6% $296 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $259,900 -17.5% $282 / Sq Ft
06/02/2014 06/02/14 For Sale $315,000 +52.2% $322 / Sq Ft
04/12/2014 04/12/14 For Sale $206,900 +10.1% $285 / Sq Ft
03/14/2014 03/14/14 Sold $188,000 -8.7% $281 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
01/23/2014 01/23/14 Sold $206,000 +3.0% $252 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $199,995 -9.1% $299 / Sq Ft
11/21/2013 11/21/13 For Sale $220,000 +7.8% $269 / Sq Ft
10/25/2013 10/25/13 Sold $204,000 -6.8% $249 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $219,000 +0.5% $267 / Sq Ft
07/01/2013 07/01/13 Sold $218,000 +25.4% $272 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/29/2013 05/29/13 Sold $173,900 -15.6% $245 / Sq Ft
05/28/2013 05/28/13 Sold $206,000 -6.3% $273 / Sq Ft
05/16/2013 05/16/13 For Sale $219,900 +4.8% $275 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
03/28/2013 03/28/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $209,900 -2.8% $278 / Sq Ft
02/22/2013 02/22/13 Sold $216,000 +27.1% $234 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
08/29/2012 08/29/12 Sold $170,000 -22.7% $219 / Sq Ft
08/28/2012 08/28/12 For Sale $219,900 +46.7% $238 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $149,900 -16.7% $211 / Sq Ft
05/30/2012 05/30/12 For Sale $179,900 -- $231 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,785 $290,000 $72,000 $218,000
2022 $3,901 $281,500 $69,000 $212,500
2021 $3,765 $281,500 $59,000 $222,500
2020 $3,868 $281,500 $20,700 $260,800
2019 $3,926 $263,000 $13,800 $249,200
2018 $3,696 $263,000 $13,800 $249,200
2017 $3,418 $222,000 $13,800 $208,200
2016 $3,045 $207,500 $13,800 $193,700
2015 $3,108 $202,500 $13,800 $188,700
2014 -- $189,500 $13,800 $175,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jacob Zacher

    Pro Action Realty, LLC

  • J

    Seller's Agent in 2014

    Joe Grunnet

    Downtown Resource Group, LLC

  • B

    Seller's Agent in 2014

    Ben Ganje

    Lakes Sotheby's International

  • K

    Seller's Agent in 2014

    Kerby Skurat

    RE/MAX

  • J

    Seller Co-Listing Agent in 2014

    Josh Neumann

    Lakes Sotheby's International

  • C

    Seller Co-Listing Agent in 2014

    Cristina Edelstein

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4640784

REALTOR® Association of Southern Minnesota

APN: 22-029-24-21-0407

Minnesota Hennepin County Minneapolis 55401 North Loop

748 3rd St N, Minneapolis, MN

This home is located at 748 3rd St N, Minneapolis, MN 55401 since 26 June 2014 and is currently estimated at $283,016, approximately $306 per square foot. This property was built in 2006. 748 3rd St N 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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