MAJOR RESET for this bright and stylish condo located in the heart of Northeast!! Assessment to be fully paid by the seller brings the monthly HOA down to $569. Price reduced to $255k, $17,5k below the most recent Madison Loft sale. TWO heated Garage Stalls included! One stall is currently rented for $125 per month; another resident offered $10k to purchase it this Summer. High ceilings, oversized south-facing windows, and an open floor plan create a spacious feel, while modern updates add style and function. The living area features a custom wall with a fireplace, shelving, and roller shades. The kitchen offers a center island, updated sink, added shelving, and refreshed lighting. The bedroom includes a sliding door, custom blackout shades, and a ceiling fan, while the oversized bath features an upgraded vanity and lighting. Additional highlights include in-unit laundry and a separate storage locker. Building amenities include an exercise room, community space, and secure access. Prime location steps from top restaurants, art studios, breweries, and coffee shops, with easy access to downtown Mpls. Move right in and enjoy city living. Best Value in Madison Lofts!
Closed
$250,000
1701 Madison St NE Unit 309, Minneapolis, MN 55413
1beds
850sqft
High Rise
Built in 1921
-- sqft lot
$247,300 Zestimate®
$294/sqft
$1,684 Estimated rent
Home value
$247,300
$228,000 - $267,000
$1,684/mo
Zestimate® history
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$2,148/mo
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List your homeWhat's special
Modern updatesCenter islandBright and stylish condoSliding doorHigh ceilingsOpen floor planCeiling fan
Zillow last checked:
Listing updated:
Listed by:
Ed Schaefer 612-327-5441,
RE/MAX Results
Bought with:
Fritz Kroll
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6810901
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Bathroom
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8x14
Foyer
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8x14
Kitchen
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13x14
Living room
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Closet, In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 850
- Total interior livable area: 850 sqft
- Finished area above ground: 850
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached, Garage Door Opener, Heated Garage, Garage, Secured
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Size: 1.29 Acres
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 850
- Parcel number: 1402924120244
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Secured Garage/Parking
- Subdivision: Cic 1514 Madison Lofts Condo
HOA
- Has HOA: Yes
- Amenities included: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security Building
- Services included: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $569 monthly
- HOA name: FirstService Residential
- HOA phone: 612-238-2370
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $249,000
- Annual tax amount: $3,394
- Date on market: 10/29/2025
- Cumulative days on market: 231 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $250,000-12.3%$294/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6810901 Report a problem | ||
| 3/18/2022 | Sold | $285,000+11.8%$335/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6150423 Report a problem | ||
| 4/6/2021 | Sold | $254,900+16950.2%$300/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5708528 Report a problem | ||
| 6/1/2015 | Sold | $1,495+10.7%$2/sqft |
Source: Agent Provided Report a problem | ||
| 5/1/2014 | Sold | $1,350-99.2%$2/sqft |
Source: Agent Provided Report a problem | ||
| 10/28/2013 | Sold | $170,000+12086.4%$200/sqft |
Source: Agent Provided Report a problem | ||
| 3/1/2013 | Sold | $1,395+11.6%$2/sqft |
Source: Agent Provided Report a problem | ||
| 1/22/2012 | Sold | $1,250$1/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,394 +3.7% | $249,000 |
| 2024 | $3,271 +8.5% | $249,000 -5% |
| 2023 | $3,016 -0.8% | $262,000 +7.8% |
| 2022 | $3,040 +3.1% | $243,000 +3.8% |
| 2021 | $2,949 -8.8% | $234,000 +6.1% |
| 2020 | $3,235 +9.7% | $220,500 |
| 2019 | $2,949 -8.8% | $220,500 +6% |
| 2018 | $3,235 +10.7% | $208,000 +14.3% |
| 2017 | $2,922 +4.3% | $182,000 +15.6% |
| 2016 | $2,802 +11.9% | $157,500 +3.3% |
| 2015 | $2,505 -1.6% | $152,500 +3.4% |
| 2014 | $2,546 -4.1% | $147,500 |
| 2013 | $2,656 +2.7% | $147,500 +0.1% |
| 2012 | $2,586 +4.8% | $147,400 |
| 2011 | $2,467 +14.6% | $147,400 |
| 2010 | $2,153 -1.2% | $147,400 |
| 2009 | $2,180 | $147,400 |
Find assessor info on the county website
Neighborhood: Logan Park
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$247,300
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Estimated market value
$247,300
- Minnesota
- Hennepin County
- Minneapolis
- 55413
- Logan Park
- 1701 Madison St NE Unit 309
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