NOT LISTED FOR SALE

Estimated Value: $817,000 - $863,000

1 Bed
2 Baths
1,756 Sq Ft
$1,249/mo HOA Fee

Last Sold October 02, 2023

Last sale price $790,000 $450 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,883/month

26 Days on Market

Highlights

  • City View
  • Elevator
  • 2 Car Attached Garage
  • Home Office
  • Stainless Steel Appliances
  • 3-minute walk to Gold Medal Park

About This Home

As of October 2023

This stunning home is coming to the market for the first time since the original owners purchased in 2004. Humboldt Lofts was designed by award winning architect Julie Snow, with interior design by Andrew Flesher. The home has 12 foot ceilings, chic concrete pillars, and floor to ceiling windows that highlight the spectacular views of downtown Minneapolis and the Guthrie Theater. The gracious living area is anchored by the open kitchen, including a spacious center kitchen island, ideal for entertaining. The home contains a full bedroom suite, including spacious walk-in closet, spa-like bathroom with glass shower and separate tub, and adjacent study. Looking for outdoor space in the city? This condo not only includes a balcony adjacent to the living room overlooking the city, but also a rare and private rooftop cabana facing the Mississippi River. Humboldt Lofts is a highly desired boutique building in the heart of the mill district. Live just steps away from all the city has to offer!

Last Agent to Sell the Property

Cynthia Froid

Keller Williams Realty Integrity Lakes Listed on: 08/03/2023

Keller Williams Realty Integrity Lakes

Co-Listed By

Ryan Pertile

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Shane Spencer

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,193

Year Built

  • Built in 2003

Lot Details

  • 0.46

HOA Fees

  • $1,249 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Office
  • City Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924430092

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1111 Humboldt Lofts Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,193

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,249 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1756
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Living Area: 1756
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Study, Walk In Closet, Bathroom, Laundry, Patio
  • Shared Rooms: Community Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Downtown East
  • PatioPorchType: Other,Terrace

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 1249
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels Description: 2302924430108,2302924430107
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924430092
  • Tax Annual Amount: 12193
  • TaxWithAssessments: 12193.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2024
Sold by
Spencer Shane D
Bought by
Northern Star Legacy Trust and Spencer
Current Estimated Value
$845,253

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 28, 2023
Sold by
Reinertsen James and Reinertsen Cheryl
Bought by
Spencer Shane
Seller's Agent
Cynthia Froid
Keller Williams Realty Integrity Lakes
Buyer's Agent
Shane Spencer
Coldwell Banker Realty
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$671,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2020
Sold by
Reinertsen Cheryl L and Reinertsen James L
Bought by
Reinertsen Cheryl L and Reinertsen James L

Purchase Details

Closed on
Nov 6, 2003
Sold by
Humboldt Lofts Llc
Bought by
Reinertsen Cheryl L
Source: Public Records

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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
Northern Star Legacy Trust $500 None Listed On Document
Spencer Shane $790,000 --
Reinertsen Cheryl L -- None Available
Reinertsen Cheryl L $611,853 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Shane $671,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $790,000 -4.2% $450 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $825,000 -- $470 / 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 $11,101 $786,000 $52,000 $734,000
2022 $11,618 $776,000 $48,000 $728,000
2021 $11,589 $776,000 $42,000 $734,000
2020 $12,550 $800,000 $40,000 $760,000
2019 $12,220 $800,000 $20,000 $780,000
2018 $10,931 $762,000 $20,000 $742,000
2017 $10,230 $635,000 $20,000 $615,000
2016 $9,954 $603,500 $20,000 $583,500
2015 $8,917 $528,000 $20,000 $508,000
2014 -- $511,000 $20,000 $491,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6391567

NorthstarMLS

APN: 23-029-24-43-0092