NOT LISTED FOR SALE

Estimated Value: $251,217 - $313,000

1 Bed
1 Bath
855 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $271,000 $317 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,267/month

22 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Heated Garage
  • Elevator
  • Secure Parking
  • Gas Fireplace

About This Home

As of March 2021

Welcome to your new home in the Historic 918 Lofts! You will love the bright and open living space with 11 foot ceilings and an abundance of light from oversized windows. Unlike many lofts, which have open bedrooms, this space has a true bedroom so you can get quality sleep when it’s time to shut off. Thoughtful updates throughout the unit include newer washer/dryer, fridge, kitchen counters, and bathroom with his and her vanities. Storage is in surplus as you have a generous walk in closet, clever vertical spaces, and a storage unit in garage.

Parking can be tough in the North Loop but you will never have an issue with 1 heated garage spot and 2 outdoor spots! Enjoy the on-site gym or one of the many neighborhood options nearby including Alchemy or North Loop Fitness. Just minutes from your front door you have incredible restaurants, coffee shops, dog park, Target Field, biking + walking paths, and the light rail. Don’t miss out on this incredible loft!

Last Listed By

Michael Dilks

DRG Listed on: 01/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1923

Lot Details

  • 0.67

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Uncovered Parking
  • Secure Parking

Home Design

  • Property Attached
  • Tar and Gravel Roof
  • Stone Siding

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924210376

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
  • Firstservice Residential Association
  • Cic 1425 918 Lofts A Planned C Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,911

Year Built

Built in 1923

Lot Details

0

HOA Fees

$468 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+, Wheelchair Ramp
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s)
  • Fuel Type: Electric, Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1923
  • 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
  • Association Management: FirstService Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 18812
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 23
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 17368
  • Listing Organization: Regional MLS of Minnesota
  • 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: 2202924210376
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Rental Restrictions May Apply
  • Stories Type: One
  • Tax Assessment Balance: 38.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas Burning, Living Room
  • Dining Room Features: Breakfast Bar, Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 855.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Tar/Gravel
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Assigned, Driveway - Asphalt, Heated Garage, Secured, Uncovered/Open, Underground Garage
  • Parking Spaces: 2

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, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 468.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Hardwood Floors, Kitchen Window, 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: Unknown
  • Lot Size: Common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1425 918 LOFTS A PLANNED COMMU UNIT NO 308
  • Tax Amount: 2911.00
  • Tax Year: 2020
  • Tax With Assessments: 2949.00
  • Assessor Parcel Number: 2202924210376

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

Closed on
Mar 31, 2022
Sold by
Bart Weelborg Michael and Bart Ann Ruth
Bought by
Weelborg Rachel Nicole
Total Days on Market
22
Current Estimated Value
$277,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$189,507
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$88,297

Purchase Details

Listed on
Jan 24, 2021
Closed on
Mar 4, 2021
Sold by
Bonham Logan
Bought by
Weelborg Michael Bart
Seller's Agent
Michael Dilks
DRG
Buyer's Agent
Erin Habedank
Lakes Sotheby's International Realty
List Price
$279,900
Sold Price
$271,000
Premium/Discount to List
-$8,900
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 26, 2016
Sold by
Reo Holdings Llc
Bought by
Bonham Logan
Seller's Agent
Joe Grunnet
DRG
Buyer's Agent
Joseph Maselter
Fuze Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$237,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
Homebuyer Mn Llc
Bought by
Reo Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2014
Sold by
Tiedeken Matthew and Tiedeken Jasmine
Bought by
Kristof Craig

Purchase Details

Closed on
Dec 4, 2008
Sold by
Wells Fargo Bank Na
Bought by
Tiedeken Matthew

Purchase Details

Closed on
Nov 13, 2006
Sold by
Patel Sandip and Patel Nipa
Bought by
Mund Chris

Purchase Details

Closed on
Jun 24, 2005
Sold by
Midwest Hospitality Inc
Bought by
Patel Sandip

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
Weelborg Rachel Nicole $250,000 None Listed On Document
Weelborg Michael Bart $271,000 Titlenexus Llc
Bonham Logan $250,000 Titlenexus Llc
Reo Holdings Llc -- None Available
Kristof Craig $130,000 Minnetonka Title Inc
Tiedeken Matthew $110,000 --
Mund Chris $295,000 --
Patel Sandip $262,000 --
Weelborg Michael Michael $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weelborg Rachel Nicole $200,000
Previous Owner Bonham Logan $237,500
Previous Owner Reo Holdings Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $271,000 -1.5% $317 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $275,000 -1.8% $322 / Sq Ft
01/24/2021 01/24/21 For Sale $279,900 +12.0% $327 / Sq Ft
10/26/2016 10/26/16 Sold $250,000 -3.8% $292 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $259,900 -- $304 / 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 $3,019 $245,000 $71,000 $174,000
2022 $3,039 $245,000 $64,000 $181,000
2021 $2,939 $231,500 $64,000 $167,500
2020 $2,949 $231,500 $31,700 $199,800
2019 $2,778 $216,500 $21,100 $195,400
2018 $2,490 $202,500 $21,100 $181,400
2017 $2,464 $160,000 $21,100 $138,900
2016 $2,386 $150,000 $21,100 $128,900
2015 $2,164 $150,000 $21,100 $128,900
2014 -- $129,000 $21,100 $107,900
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5704527

NorthstarMLS

APN: 22-029-24-21-0376