NOT LISTED FOR SALE

748 N 3rd St Unit 607 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $282,000 - $418,000

1 Bed
1 Bath
780 Sq Ft
$411/Sq Ft Est. Value

About This Home

Live in a one-of-a-kind top floor, corner unit at historic Herschel Loft with smart updates and 1 parking stall included! Nestled in the heart of the North Loop, you'll be steps from restaurants, retail, parks, and nightlife. Walking into the loft, you'll love the walls of windows and exterior brick, high ceilings, hardwood floors, built-in desk/office, custom closet organizers, amazing spa-style bathroom, and balcony overlooking the neighborhood. The gourmet kitchen features stone countertops, island with cooktop and hood, and ample cabinetry. Included with rent: 1 indoor heated parking stall, basic cable & internet, and water/sewer/trash. 2nd parking stall available for an additional $200 per month. Tenant responsible for electricity (heat and A/C are electric.) App Fee: $78 per adult, Admin Fee: $150; Move-in fee: $100.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2017
Sold by
Brekken John and Brekken Renae
Bought by
Lorimor Lynn
Current Estimated Value
$320,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$176,305
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$144,437

Purchase Details

Closed on
Sep 29, 2015
Sold by
Gibson Estates Llc
Bought by
Brekken John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Roess Michael R and Roess Ann
Bought by
Wendland Luanne M

Purchase Details

Closed on
Jul 8, 2008
Sold by
Helser Michael A and Potter Duane A
Bought by
Roess Ann and Roess Michael R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lorimor Lynn $290,000 Title Nexus Llc
Brekken John -- Attorney
Wendland Luanne M $249,500 --
Roess Ann $249,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorimor Lynn $210,000
Previous Owner Brekken John $254,500
Previous Owner Gibson Estates Llc $150,000
Previous Owner Helser Michael A $137,000
Previous Owner Helser Michael A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $2,295 0.0% --
04/03/2024 04/03/24 For Rent $2,295 -- --

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 $4,085 $313,000 $72,000 $241,000
2022 $4,206 $303,500 $69,000 $234,500
2021 $4,060 $303,500 $59,000 $244,500
2020 $4,109 $303,500 $20,700 $282,800
2019 $4,233 $283,500 $13,800 $269,700
2018 $3,981 $283,500 $13,800 $269,700
2017 $3,680 $239,000 $13,800 $225,200
2016 $3,547 $223,000 $13,800 $209,200
2015 $3,640 $218,000 $13,800 $204,200
2014 -- $204,000 $13,800 $190,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2024

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    167 Total Sales

    Patrick Carson
    Section Image
See All Agents

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

748 N 3rd St Unit 607, Minneapolis, MN

This home is located at 748 N 3rd St Unit 607, Minneapolis, MN 55401 and is currently estimated at $320,742, approximately $411 per square foot. 748 N 3rd St Unit 607 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.

Nearby Homes