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290 Market St Unit 804, Minneapolis, MN, 55405

$390,000

Home List Price

$4,631*

Closing Credit

1 Bedroom
2 Full Baths
1,447 SqFt
$270/SqFt
Condo

Location

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290 Market St Unit 804, Minneapolis$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Covered, Gravel, Shared Driveway, Electric, Guest Parking, Parking Garage, Secured, Underground
Attached Garage2 spaces
Year Built2006
HeatingSteam, Hot Water, Radiant
CoolingCentral Air
FireplaceGas
MLS #6614627
StatusActive

About 290 Market St Unit 804

IMS Lofts...everything a loft should be! Originally built as the Northwestern Knitting Company/Munsingwear textile factory, this Classic Revival building was perfectly suited to convert from a previous use to residential lofts. This top floor 1 bedroom plus a large den (easily converted to a true 2nd bedroom), 2 bath unit features one of only 4 gas fireplaces in the project, freshly refinished original factory maple hardwood floors, high ceilings, exposed brick, a private deck, 2 garage parking spaces and a large storage locker. The condo has also been freshly painted throughout. The unit faces north and is filled with natural light throughout the day and is located on an upper floor providing panoramic city views and privacy (no neighboring building blocking views). This is one of the largest and most desirable floor plans in The Lofts at International Market Square. Please note all of the '04 and '07 units in IMS are the same floor plan and were originally marketed as 2 bedroom, 2 bath units- buyers were given the option to formally separate the 2nd bedroom space with the doors and glass used on the primary bedroom, or leave the space open to create a larger loft feel. The unit currently has the 2nd bedroom open to the great room. The original glass and door vendor is able to add the matching doors and glass as on the primary bedroom if that is the buyer's preference.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 1,447 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Covered, Gravel, Shared Driveway, Electric, Guest Parking, Parking Garage, Secured, Underground

Virtual/3D Tour

  • 3D Tour: 290 Market St Unit 804
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Utilities

Utilities Information:

  • Heating: Steam, Hot Water, Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Glenwood Ave to Market Street (West of Lyndale Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $270/SqFt

HOA Fees:

  • Amount: $914
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,146
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

290 Market St Unit 804 vs Minneapolis

45 DAYS ON ROCKET

+12 Days

$390,000

+$40K More

$270/SqFt

+$68 More

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $68/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6614627

Listing Office:

  • Office Name: Compass

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Property Sales & Tax

Listing History

Mar 09, 2006Home Sold
$430,844

Tax History

YEARPROP. TAXASSESSMENT
2020$6,146$459,500
2019$6,109$421,500
2018$6,292$421,500
2017$5,895$392,220

History based on county public records data.

Payment Calculator

$2,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1003614
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-1003615
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.69 miles

  • Public Charter Grades KG-4

school-card-donut-1003616
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.00 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,182. Typical income of Minneapolis, MN residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 290 Market St Unit 804

What is the listing price of this property?

The listing price of 290 Market St Unit 804 property is $390,000.

What type of property is this?

The property 290 Market St Unit 804 is a condo located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 290 Market St Unit 804 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,146 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 9, 2006 for $430,844. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 290 Market St Unit 804 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 290 Market St Unit 804 is 1,447 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 290 Market St Unit 804 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›290 Market St Unit 804

This home is located at 290 Market St Unit 804 in Minneapolis, MN and zip code 55405 in the Sumner-Glenwood neighborhood. This 1,447 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $390,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. While the average time on the market in November 2024 was 33 days, the median list price was $349,986.

From Rocket Homes Real Estate and based on county public records data.

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