748 N 3rd St Unit 200 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $377,000 - $408,000
2
Beds
1
Bath
979
Sq Ft
$643/mo
HOA Fee
Highlights
- Home Gym
- Stainless Steel Appliances
- 2 Car Attached Garage
- Elevator
- The kitchen features windows
- Living Room
About This Home
As of September 2023Offer accepted off MLSWelcome to the intersection of style and location. This industrial-chic condo with a corner floorplan is perfect for loft lovers. The 12 foot ceilings with concrete ceilings and pillars and walls of exposed brick complement the abundant sun light the home enjoys. Owner has installed new hardwood floors throughout the home. Owner's suite and private balcony complete the charm. Please note 2nd bedroom is currently being used as an office. Herschel Lofts is located in the heart of the North Loop, with easy walking distance to some of the cities' most exciting shops, restaurants, and bars. Enjoy the prime location, easy access green space, and exercise room in the building.
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 07/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,184
Year Built
- Built in 1915
Lot Details
- 0.72
HOA Fees
- $643 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Interior Spaces
- 979 Sq Ft Home
- 1-Story Property
- Living Room
- Home Gym
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924210392
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1711 Herschel Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2023
Closed on
Sep 29, 2023
Sold by
Lake Melissa Marie
Bought by
Ritterspach Matthew
Seller's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
Buyer's Agent
Brooks Borrell
Compass
List Price
$400,000
Sold Price
$400,000
Total Days on Market
13
Views
66
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
-$7,401
Avg. Annual Appreciation
-1.08%
Original Mortgage
$320,000
Outstanding Balance
$315,250
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$77,349
Purchase Details
Closed on
Mar 14, 2018
Sold by
Brunello John
Bought by
Powers Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,550
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2015
Sold by
Imetroproperty Minneapolis
Bought by
Brunello John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2013
Sold by
Roess Michael R and Roess Ann M
Bought by
Imetro Property Minneapolis Llc
Purchase Details
Closed on
Nov 5, 2012
Sold by
Imetroproperty Minneapolis Llc
Bought by
Roess Michael R and Roess Ann M
Similar Homes in Minneapolis, MN
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ritterspach Matthew | $400,000 | Executive Title | |
| Powers Melissa | $342,700 | Partners Title Llc | |
| Brunello John | $310,000 | Dca Title | |
| Imetro Property Minneapolis Llc | -- | Network Title Inc | |
| Roess Michael R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ritterspach Matthew | $320,000 | |
| Previous Owner | Lake Melissa M | $325,500 | |
| Previous Owner | Powers Melissa | $325,550 | |
| Previous Owner | Brunello John | $248,000 | |
| Previous Owner | Roess Ann M | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $400,000 | 0.0% | $409 / Sq Ft |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/11/2023 07/11/23 | For Sale | $400,000 | -- | $409 / 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 |
|---|---|---|---|---|
| 2023 | $5,037 | $388,000 | $97,000 | $291,000 |
| 2022 | $5,184 | $377,000 | $93,000 | $284,000 |
| 2021 | $5,004 | $377,000 | $80,000 | $297,000 |
| 2020 | $5,039 | $377,000 | $27,800 | $349,200 |
| 2019 | $5,263 | $352,500 | $18,500 | $334,000 |
| 2018 | $4,950 | $352,500 | $18,500 | $334,000 |
| 2017 | $4,658 | $302,500 | $18,500 | $284,000 |
| 2016 | $4,493 | $282,500 | $18,500 | $264,000 |
| 2015 | $4,609 | $276,000 | $18,500 | $257,500 |
| 2014 | -- | $258,000 | $18,500 | $239,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Froid
Seller's Agent in 2023
Cynthia Froid
Keller Williams Realty Integrity Lakes
(612) 578-1303
16 in this area
167 Total Sales
-
Ryan Pertile
Seller Co-Listing Agent in 2023
Ryan Pertile
Keller Williams Realty Integrity Lakes
(612) 805-0059
14 in this area
109 Total Sales
-
Brooks Borrell
Buyer's Agent in 2023
Brooks Borrell
Compass
(612) 414-8207
14 in this area
47 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6400107
APN: 22-029-24-21-0392
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