$284,843 - $379,000
RENTED NOV 1, 2024

901 N 3rd St Unit 509 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
1,008 Sq Ft
$322 Price per Sq Ft

About This Home

Presenting an exclusive unit at Bassett Creek Lofts in the vibrant North Loop of downtown MPLS. This boutique 16-unit building features excellent amenities including a modern gym and party room. Enjoy a spacious one-bedroom layout exceeding 1000 sq ft with contemporary urban touches such as polished concrete floors and exposed air ducts. The unit also offers 1 heated assigned parking spot included in the rental price. Conveniently located within walking distance to popular bars, restaurants including the new Butcher and the Boar adjacent to the building's commercial side to the south, light rail, Twins Stadium, breweries, fitness centers, and more. Included in rent: 1 storage unit, water/sewer/trash, gas, heating, a/c,; Tenant responsible for basic cable, electric, and internet. App Fee: $78. Admin Fee: $150; Move-in fee: $200. Heated Garage Parking Stall is available for an additional $200 a month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2015
Sold by
Vega Juan L and Coffey Vega Katherine L
Bought by
Gustafson Derek
Current Estimated Value
$324,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,300
Outstanding Balance
$175,858
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$148,853
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Gustafson Derek $231,900 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Derek $220,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,995 +5.3% --
10/03/2024 10/03/24 Price Changed $1,895 -5.0% $2 / Sq Ft
07/29/2024 07/29/24 For Rent $1,995 -- --

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 $3,627 $283,000 $123,000 $160,000
2022 $3,726 $275,000 $112,000 $163,000
2021 $4,050 $275,000 $104,000 $171,000
2020 $4,072 $306,000 $40,800 $265,200
2019 $3,921 $286,000 $27,200 $258,800
2018 $3,651 $272,500 $27,200 $245,300
2017 $3,591 $245,500 $27,200 $218,300
2016 $3,904 $245,500 $27,200 $218,300
2015 $3,281 $196,500 $27,200 $169,300
2014 -- $183,500 $27,200 $156,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Devon White

    DRG

    (218) 232-7635

    1 Total Sale

    Devon White
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

901 N 3rd St Unit 509, Minneapolis, MN

This home is located at 901 N 3rd St Unit 509, Minneapolis, MN 55401 and is currently estimated at $324,711, approximately $322 per square foot. 901 N 3rd St Unit 509 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.

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