NOT LISTED FOR SALE

Estimated Value: $261,000 - $322,000

1 Bed
1 Bath
855 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $262,500 $307 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,330/month

151 Days on Market

Highlights

  • Building Security
  • Elevator
  • Forced Air Heating and Cooling System
  • Vaulted Ceiling
  • Zero Lot Line
  • Secure Parking

About This Home

As of November 2020

Don’t miss out on true loft living in Minneapolis’ hottest neighborhood. This south facing 1bed/1bath residence features high ceilings with exposed ductwork, concrete floors and large open living and kitchen spaces. Bedroom is lofted slightly to create feel of separation from the living area. One underground parking space and 2 additional parking passes for the outdoor pad lot included. Easily walk to restaurants, fitness facilities, Twins stadium and the Minneapolis riverfront. Updates include ecobee smart thermostat and Hunter Douglas app controlled window treatments.

Last Listed By

Mike Seebinger

DRG Listed on: 06/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 2004

Lot Details

  • 0.67 Acre Lot
  • Zero Lot Line

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Secure Parking

Home Design

  • Property Attached
  • Concrete Roof
  • Stone Siding

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 2202924210373

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, internet, outside maintenance, parking space, professional mgmt, sanitation, security system, shared amenities, snow/lawn care, water/sewer
  • First Service Residential Association
  • 918 Lofts Subdivision

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,189

Year Built

Built in 2004

Lot Details

0

HOA Fees

$470 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) Low Rise (3- Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Doors 36+, Elevator, Hallways 42+, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security Building
  • Fuel Type: Electric, Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 855.00
  • Above Grade Finished Area Search: 855.00
  • Above Grade Finished Sq Ft: 855.00
  • 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
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 14
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5027
  • Listing Organization: Iowa
  • Living Area Finished: 855.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 855.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924210373
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Stories Type: One
  • Tax Assessment Balance: 37.57
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Breakfast Area, Eat In Kitchen
  • Family Room Features: Main Level
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 855.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Concrete
  • Fencing: None

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Other, Secured, Underground Garage
  • Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Other, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 470.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Indoor Sprinklers, Kitchen Window, Vaulted Ceiling(s), 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
  • Lot Features: Public Transit (w/in 6 blks), Zero Lot Line
  • Lot Size Acres: 0.6650
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1425 918 LOFTS A PLANNED COMMU UNIT NO 305
  • Tax Amount: 3188.71
  • Tax Year: 2020
  • Tax With Assessments: 3226.28
  • Assessor Parcel Number: 2202924210373

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Nov 23, 2020
Sold by
Wollan Heather and Wollan Joseph
Bought by
Beck Christopher
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Joseph Gravelle
Apple Tree Realty
List Price
$279,900
Sold Price
$262,500
Premium/Discount to List
-$17,400
-6.22%
Total Days on Market
151
Current Estimated Value
$287,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,925
Avg. Annual Appreciation
2.03%
Original Mortgage
$249,375
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2016
Sold by
Schoch Nathan L
Bought by
Harstad Heather

Purchase Details

Closed on
Oct 5, 2007
Sold by
Wells Fargo Bank
Bought by
Schich Nathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Midwest Hospitality Inc
Bought by
Dy Sothea

Range of Values:

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Average Value
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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
Beck Christopher $262,500 Titlenexus Llc
Harstad Heather $220,000 Titlenexus Llc
Schich Nathan L $154,900 --
Dy Sothea $261,000 --
Beck Christopher Christopher $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beck Christopher $249,375
Previous Owner Schoch Nathan L $133,500
Previous Owner Schoch Nathan L $123,900
Closed Beck Christopher Christopher $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $262,500 -2.7% $307 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $269,900 -3.6% $316 / Sq Ft
06/04/2020 06/04/20 For Sale $279,900 -- $327 / 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 $3,090 $250,000 $71,000 $179,000
2022 $3,264 $250,000 $64,000 $186,000
2021 $2,961 $235,500 $64,000 $171,500
2020 $3,226 $235,500 $31,700 $203,800
2019 $3,068 $220,000 $21,100 $198,900
2018 $2,809 $205,500 $21,100 $184,400
2017 $2,200 $162,500 $21,100 $141,400
2016 $2,205 $158,500 $21,100 $137,400
2015 $2,316 $158,500 $21,100 $137,400
2014 -- $136,000 $21,100 $114,900
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST5567891

NorthstarMLS

APN: 22-029-24-21-0373