NOT LISTED FOR SALE

Estimated Value: $259,000 - $282,000

1 Bed
1 Bath
668 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $280,000 $419 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,179/month

89 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Woodwork
  • Home Gym
  • Subterranean Parking
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Enjoy true loft living in the North Loop in this affordable Herschel Lofts corner 1BR, 1BA, just steps from everything the North Loop has to offer! Features include views of the Mpls downtown skyline from floor to ceiling windows, large balcony spanning the length of the unit, stainless steel appliances, granite counter tops, hardwood flooring throughout. Additional building features include fitness room, free guest parking, dog park behind the building.

Last Listed By

Isaac Kuehn

DRG Listed on: 11/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 2006

Lot Details

  • 0.72

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Subterranean Parking

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Association fees include building exterior, hazard insurance, outside maintenance, professional mgmt, security system, snow/lawn care, water/sewer
  • First Service Residential Association
  • Herschel Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2202924210417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 2006

Lot Details

0

HOA Fees

$383 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls
  • Fuel Type: Electric
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 668.00
  • Above Grade Finished Area Search: 668.00
  • Above Grade Finished Sq Ft: 668.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 5027
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 31
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5027
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 668.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 668.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Central
  • Mls Major Change Type: Closed
  • Parcel Numbers: 2202924210417
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan/Hood, Microwave, Range, Refrigerator
  • Living Area: 668.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Outside Maintenance, Professional Mgmt, Security System, Snow/Lawn Care, Water/Sewer
  • Association Fee: 383.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Exercise Room, Hardwood Floors, Natural Woodwork, Tile Floors, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: Common
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO. 1711 HERSCHEL LOFTS UNIT 501
  • Tax Amount: 3458.00
  • Tax Year: 2021
  • Tax With Assessments: 3458.00
  • Assessor Parcel Number: 2202924210417

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $280,000 -3.4% $419 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $289,900 -3.3% $434 / Sq Ft
11/03/2021 11/03/21 For Sale $299,900 0.0% $449 / Sq Ft
02/01/2019 02/01/19 Rented $1,650 0.0% --
01/02/2019 01/02/19 For Rent $1,650 -- --
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 $3,315 $266,000 $66,000 $200,000
2022 $3,583 $258,500 $63,000 $195,500
2021 $3,458 $258,500 $55,000 $203,500
2020 $3,500 $258,500 $19,100 $239,400
2019 $3,605 $241,500 $12,700 $228,800
2018 $3,388 $241,500 $12,700 $228,800
2017 $3,118 $202,500 $12,700 $189,800
2016 $3,006 $189,000 $12,700 $176,300
2015 $3,081 $184,500 $12,700 $171,800
2014 -- $173,000 $12,700 $160,300
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST6122979

NorthstarMLS

APN: 22-029-24-21-0417