525 North 3rd Street

525 North 3rd Street is a condo located in North Loop, Minneapolis. The building was first built in 1997 and is 27 years old. The lot that the building was built on is 2,560 feet wide and 2,360 feet long. In total, 525 North 3rd Street has a total floor area of 25,548 square feet. 525 North 3rd Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck and patio space. There are 69 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 320 days and tend to sell below the original asking price of $699,900 by 8.63%. Meaning, listings tend to sell at a median of $430 price per square foot. The transaction that took the longest to complete was unit 306, listed on Jul 05, 2020 for $799,900. This particular unit ultimately sold 367 days later for $755,000. The most recent transaction was for unit 111, sold for $0 on Aug 23, 2021. Fun fact, the oldest transaction we have on record took place on Jul 19, 2011. See the full transaction history for 525 North 3rd Street below.

North Loop, where 525 North 3rd Street is located, has a median asking price of $319,950 for condo buildings. Meanwhile, the building itself has a median asking price of $699,900. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $660,000. It is a 1,330 sqft 2-bedroom and 1.5-bathroom unit.