NOT LISTED FOR SALE

Estimated Value: $261,000 - $285,000

1 Bed
1 Bath
723 Sq Ft
0.72 Acres

Last Sold October 06, 2023

Last sale price $277,500 $384 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,827/month

Highlights

  • No HOA
  • Elevator
  • Living Room
  • Home Gym
  • Patio
  • Entrance Foyer

About This Home

As of June 2024

Newly updated historic loft in the North Loop with huge walk-out patio and walls of windows. Stepping into this corner unit, you'll love the hardwood flooring, exposed exterior brick walls, high ceilings, bright & modern finishes, updated lighting package, new roller shades, and in-unit laundry. Herschel Lofts is located in the heart of the North Loop, steps from restaurants, retail, fitness, & nightlife. Included with rent: 1 indoor heated parking stall, water/sewer/trash, basic cable & internet. Tenant responsible for electricity (heat & hot water heater are electric.) Application Fee: $78 per adult occupant, Admin fee: $150, Move-in fee: $100.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 06/05/2024

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1915

Lot Details

  • 0.72

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 723 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/5/24
  • Tenant pays for heat
  • The owner pays for cable TV, trash collection
  • Assessor Parcel Number 2202924210391

Community Details

Overview

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

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,720

Year Built

Built in 1915

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-06-05
  • Lease Price: 1950.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1950.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Patio
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 723
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 723
  • Owner Pays: Cable TV, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Laundry, Foyer
  • SqFtTotal: 0.00
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Underground

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • 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: 2202924210391

Multi Family

  • TenantPays: Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2011
Sold by
Boyer Nathan J and Boyer Tiffany A
Bought by
Plucinak Jason
Current Estimated Value
$274,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,107
Outstanding Balance
$132,123
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$150,819

Purchase Details

Closed on
Apr 30, 2007
Sold by
Herschel Lofts Llc
Bought by
Boyer Nathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,100
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Plucinak Jason $193,000 Titlenexus Llc
Plucinak Jason $193,000 --
Boyer Nathan J $210,524 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plucinak Jason $188,107
Previous Owner Boyer Nathan J $195,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Rented $1,950 0.0% --
06/05/2024 06/05/24 For Rent $1,950 0.0% --
10/06/2023 10/06/23 Sold $277,500 -4.3% $384 / Sq Ft
09/05/2023 09/05/23 For Sale $289,900 -- $401 / 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 $3,720 $285,000 $72,000 $213,000
2022 $3,892 $277,000 $68,000 $209,000
2021 $3,759 $277,000 $59,000 $218,000
2020 $3,809 $277,000 $20,600 $256,400
2019 $3,867 $259,000 $13,700 $245,300
2018 $3,636 $259,000 $13,700 $245,300
2017 $3,249 $211,000 $13,700 $197,300
2016 $3,133 $197,000 $13,700 $183,300
2015 $2,928 $192,500 $13,700 $178,800
2014 -- $180,000 $13,700 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6548520

NorthstarMLS

APN: 22-029-24-21-0391