Herschel Lofts was a manufacturing plant constructed in 1915 and converted to 47 Lofts in the North Loop in 2006. Unit #500 has ample natural light from the windows facing South and West including windows in both bedrooms. The condo was recently updated with new paint throughout including the cabinets and bathroom vanity as well as updated lighting. If you're looking for an abundance of natural light, a great downtown view, and living across the street from a park, this is the home for you.
Closed
$400,000
748 3rd St N #500, Minneapolis, MN 55401
2beds
1,000sqft
High Rise
Built in 1915
-- sqft lot
$405,200 Zestimate®
$400/sqft
$2,566 Estimated rent
Home value
$405,200
$381,000 - $434,000
$2,566/mo
Zestimate® history
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List your homeWhat's special
Great downtown viewManufacturing plantAmple natural lightUpdated lightingBathroom vanityNorth loop
Zillow last checked:
Listing updated:
Listed by:
Brooks Borrell 612-414-8207,
DRG
Bought with:
Michael P Weiss
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6379699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
- Finished area above ground: 1,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Garage Door Opener, Heated Garage, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.72 Acres
Details
- Foundation area: 1000
- Parcel number: 2202924210416
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Herschel Lofts
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $643 monthly
- Amenities included: Concrete Floors & Walls
- Services included: Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
- Association name: First Service Residential
- Association phone: 651-240-7900
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2023 | Sold | $400,000+3.9%$400/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6379699 Report a problem | ||
| 6/15/2023 | Pending sale | $385,000$385/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6379699 Report a problem | ||
| 6/9/2023 | Listed for sale | $385,000+19150%$385/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6379699 Report a problem | ||
| 5/27/2018 | Listing removed | $1,995$2/sqft |
Source: Downtown Resource Group, LLC #4947311 Report a problem | ||
| 5/15/2018 | Price change | $1,995-11.3%$2/sqft |
Source: Downtown Resource Group, LLC #4947311 Report a problem | ||
| 5/3/2018 | Listed for rent | $2,250+12.5%$2/sqft |
Source: Downtown Resource Group, LLC #4947311 Report a problem | ||
| 12/1/2017 | Sold | $2,000-99.4%$2/sqft |
Source: Agent Provided Report a problem | ||
| 11/7/2017 | Listing removed | $2,000$2/sqft |
Source: Downtown Resource Group, LLC #4888718 Report a problem | ||
| 11/1/2017 | Listed for rent | $2,000$2/sqft |
Source: Downtown Resource Group, LLC #4888718 Report a problem | ||
| 3/9/2017 | Sold | $320,000-3%$320/sqft |
Source: Public Record Report a problem | ||
| 1/9/2017 | Pending sale | $329,900$330/sqft |
Source: Downtown Resource Group, LLC #4782979 Report a problem | ||
| 12/19/2016 | Listed for sale | $329,900+17309%$330/sqft |
Source: Downtown Resource Group, LLC #4782979 Report a problem | ||
| 5/1/2012 | Sold | $1,895$2/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,277 +5.3% | $367,000 |
| 2024 | $5,009 +1.7% | $367,000 -4.9% |
| 2023 | $4,927 -5.1% | $386,000 +3.1% |
| 2022 | $5,190 +3.6% | $374,500 |
| 2021 | $5,009 -1.3% | $374,500 |
| 2020 | $5,073 +1.3% | $374,500 +7% |
| 2019 | $5,009 -1.3% | $350,000 |
| 2018 | $5,073 +3.3% | $350,000 +17.1% |
| 2017 | $4,913 +6.7% | $299,000 +7% |
| 2016 | $4,604 +3.6% | $279,500 +2.4% |
| 2015 | $4,445 -2.5% | $273,000 +6.8% |
| 2014 | $4,558 -0.9% | $255,500 |
| 2013 | $4,600 +2.6% | $255,500 |
| 2012 | $4,483 -0.2% | $255,500 -4.8% |
| 2011 | $4,494 +11.9% | $268,500 -2.4% |
| 2010 | $4,017 -3.6% | $275,000 -2.4% |
| 2009 | $4,166 | $281,700 |
Find assessor info on the county website
Neighborhood: North Loop
Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 1.2 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$405,200
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Estimated market value
$405,200
- Minnesota
- Hennepin County
- Minneapolis
- 55401
- North Loop
- 748 3rd St N Unit 500
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