4 months on rocket

716 1st St Unit 535, Minneapolis, MN, 55401

$285,000

Home List Price

$3,384*

Closing Credit

1 Bedroom
1 Full Bath
980 SqFt
$291/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

716 1st St Unit 535, Minneapolis$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOff Site
Year Built1900
HeatingForced Air, Hot Water
CoolingCentral Air
MLS #6570173
StatusActive

About 716 1st St Unit 535

An incredible opportunity to own a beautiful condo in the historic Itasca building in the desirable North Loop area. With walls of exposed brick & vaulted timber ceilings, you will enjoy stunning views of downtown through the large south-facing windows! The updated kitchen has lots of storage, an island, a newer refrigerator and dishwasher, and even features a built-in desk area perfect for an in-home work space! Also included is a bonus storage space under the lofted bedroom area and in-unit laundry with newer washer and dryer! Itasca Lofts building is nestled above Acme Comedy Club, In the Loop Coffee shop and Underground Leaf & Vine. Amenities also include a community patio in the backyard with green space, a fire pit, and grilling area, all just steps away from the Mississippi River Parkway. This location is amazing, with the best restaurants and shops in the city just blocks away. Contract parking is available across the street at Borealis on a lease basis or the outdoor parking lot behind building pending availability.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 980 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Off Site

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hennepin to North 1st Street, north to building, use entrance labeled "708 Itasca"

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $291/SqFt

HOA Fees:

  • Amount: $675
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

716 1st St Unit 535 vs Minneapolis

125 DAYS ON ROCKET

+91 Days

$285,000

-$64.8K Less

$291/SqFt

+$89 More

KEY TAKEAWAY

This property is $64.8K less than the Median Sold Price and $89/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: #6570173

Listing Office:

  • Office Name: eXp Realty

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 9:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,165

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1126104
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.38 miles

  • Public Charter Grades KG-4

school-card-donut-1126105
1
/10

  • Hall International

  • 1601 Aldrich Ave N

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-1126106
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 0.93 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 $101,546. Residents of Minneapolis, MN typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 716 1st St Unit 535

What is the listing price of this property?

The listing price of 716 1st St Unit 535 property is $285,000.

What type of property is this?

The property 716 1st St Unit 535 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 716 1st St Unit 535 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 716 1st St Unit 535 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 716 1st St Unit 535 is 980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716 1st St Unit 535 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›716 1st St Unit 535

This home is located at 716 1st St Unit 535 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 980 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $285,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

More Resources