NOT LISTED FOR SALE

748 N 3rd St Unit 307 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $233,320 - $297,000

1 Bed
1 Bath
727 Sq Ft
31,363 Sq Ft Lot

Highlights

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

About This Home

As of June 2024

Sunny historical industrial loft in the heart of the North Loop; now available with or without furnishings! Corner unit features exposed exterior brick, hardwood flooring, balcony overlooking green space, tons of closet space, updated kitchen, and much more! Live in a cozy, functional and stylish home just steps from restaurants, retail, offices, fitness and nightlife of the neighborhood. Included with rent: 1 indoor heated parking stall, water/sewer/trash, basic cable and internet. Tenant responsible for electricity (HVAC a/c & heat run off electricity). Application Fee: $78 per adult occupant; Admin Fee: $150; Move-in Fee: $100. Furnishings are an additional $250 per month.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 04/30/2024

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1915

Lot Details

  • 0.72

Parking

  • Subterranean Parking

Interior Spaces

  • 727 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • 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 5/1/24
  • Tenant pays for heat
  • The owner pays for cable TV, trash collection, water
  • Assessor Parcel Number 2202924210407

Condo Details

Home Type

Condominium

Year Built

Built in 1915

Lot Details

0.72 Acres

Parking

1

Rental Info

  • Furnished: Furnished
  • Lease Term: 12 Months
  • Available Date: 2024-05-01
  • Lease Price: 1995.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1995.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 727
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 727
  • Owner Pays: Cable TV, Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • SqFtTotal: 727.00
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop
  • LakeChain: N

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

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-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2202924210407

Multi Family

  • TenantPays: Heat

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
$260,830

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
$203,973
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$56,857

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

Closed on
Aug 13, 2012
Sold by
Hawkins Michael J
Bought by
Fort Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Purchase Details

Closed on
Aug 31, 2007
Sold by
Herschel Lofts Llc
Bought by
Hawkins Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 --
Hawkins Michael J $219,900 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2024 06/29/24 Rented $1,950 -2.3% --
04/30/2024 04/30/24 For Rent $1,995 -13.3% --
04/01/2023 04/01/23 Rented $2,300 0.0% --
02/15/2023 02/15/23 For Rent $2,300 -- --
Source: NorthstarMLS

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 $4,105 $276,000 $72,000 $204,000
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

  • Tim Carson

    Landlord's Agent in 2024

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Landlord's Co-Listing Agent in 2024

    Patrick Carson

    DRG

    (612) 254-0149

    48 in this area

    199 Total Sales

    Patrick Carson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6528008

NorthstarMLS

APN: 22-029-24-21-0407

Minnesota Hennepin County Minneapolis 55401 North Loop

748 N 3rd St Unit 307, Minneapolis, MN

Not Listed for Sale

Condos

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NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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