3 months on rocket

748 3rd St N Unit 605, Minneapolis, MN, 55401

$325,000

Home List Price

$3,859*

Closing Credit

2 Bedrooms
1 Full Bath
833 SqFt
$390/SqFt
Condo

Location

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748 3rd St N Unit 605, Minneapolis$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Covered, Heated Garage, Insulated Garage, Parking Garage, Secured, Underground
Attached Garage2 spaces
Year Built2006
HeatingForced Air
CoolingCentral Air
MLS #6578941
StatusActive

About 748 3rd St N Unit 605

This rarely available modern penthouse condo in the heart of North Loop at Herschel Lofts offers a unique urban lifestyle. Located on the 6th floor, this 2-bedroom unit showcases high ceilings, exposed ductwork, large concrete columns, and beautiful maple floors. The home features stainless steel appliances, an in-unit washer and dryer, and a full Murphy bed with closet for added versatility. Floor-to-ceiling windows flood the space with natural light, complementing the full bath and oversized balcony with stunning city views. Included are two underground heated parking spaces and extra storage. Residents enjoy access to an association-maintained exercise room and guest parking. The surrounding area offers a lush green space that becomes a vibrant hub in summer. This pet-friendly condo is next to the North Loop Dog Park, with a newly developed park right across the street.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 833 SqFt

Listing Office:

  • Office Name: Realty ONE Group Choice

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Covered, Heated Garage, Insulated Garage, Parking Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 94 to 55 west to 7th St N to Oak Lake Ave to N Third St

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $390/SqFt

HOA Fees:

  • Amount: $642
  • Frequency: Monthly
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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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

748 3rd St N Unit 605 vs Minneapolis

112 DAYS ON ROCKET

+78 Days

$325,000

-$24.8K Less

$390/SqFt

+$188 More

KEY TAKEAWAY

This property is $24.8K less than the Median Sold Price and $188/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: #6578941

Listing Office:

  • Office Name: Realty ONE Group Choice

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Last updated on: 11/21/2024, 11:52:47 PM 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

$2,332

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-511503
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.25 miles

  • Public Charter Grades KG-4

school-card-donut-511504
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-511505
1
/10

  • Hall International

  • 1601 Aldrich Ave N

  • 0.77 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 $71,875. Most Minneapolis, MN residents have annual incomes between $35k-100k. Most 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 748 3rd St N Unit 605

What is the listing price of this property?

The listing price of 748 3rd St N Unit 605 property is $325,000.

What type of property is this?

The property 748 3rd St N Unit 605 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 748 3rd St N Unit 605 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 748 3rd St N Unit 605 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 748 3rd St N Unit 605 is 833 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 748 3rd St N Unit 605 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›748 3rd St N Unit 605

This home is located at 748 3rd St N Unit 605 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 833 square foot home was built in 2006. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $325,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

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

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