1408 Douglas Ave Unit 1 Minneapolis, MN 55403
Lowry Hill Neighborhood
2
Beds
1
Bath
1,337
Sq Ft
6,752
Sq Ft Lot
Highlights
- Community Garden
- The kitchen features windows
- Property is Fully Fenced
- Stainless Steel Appliances
- Hot Water Heating System
- Wood Burning Fireplace
About This Home
As of May 2025Welcome to 1408 Douglas, a Lowry Hill luxury condo that lives like a single family home. Main floor elegance, many, many upgrades and updates. Gorgeous chef's kitchen with expansive granite center island and countertops and custom cabinetry. Beautiful living room with tons of light and stately fireplace. Sunroom and second main floor bedroom. Formal dining room, hardwood floors, curved arches, ... the integrity of yesteryear with very design forward elements to make this the perfect urban dwelling redefined! A luxurious bathroom with soaking tub and in-floor heating. This two unit condo building has brand new fencing, a new roof (2024), and new sewer line in 2020. Enjoy the epitome of city living, steps to Lake of the Isles, retail, restaurants, Walker Art Center, the Sculpture Garden, walking and biking trails. If you are looking for the ultimate city, convenient and cool lifestyle, THIS IS IT!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-644-3033 Listed on: 04/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,852
Year Built
- Built in 1925
Lot Details
- 6,752 Sq Ft Lot
- Lot Dimensions are 50x135
- Property is Fully Fenced
HOA Fees
- $250 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
Home Design
- Property Attached
Interior Spaces
- 1,337 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2802924420165
Community Details
Overview
- Association Phone (612) 978-4073
- Condo 0692 1408 Douglas A Condo Subdivision
Amenities
- Community Garden
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
Apr 17, 2024
Sold by
Lambert Nicholas and Wolff Rachel
Bought by
Yashar Karen
Seller's Agent
Ellyn Sternberg
Edina Realty, Inc.
Buyer's Agent
Ellyn Wolfenson
Coldwell Banker Realty
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
23
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.15%
Original Mortgage
$388,000
Outstanding Balance
$384,313
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$94,254
Purchase Details
Closed on
Jan 17, 2017
Sold by
Fink Deborah E and Artus Randal J
Bought by
Wolff Rachel and Lambert Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $485,000 | -- | |
| Warranty Deed | $420,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $90,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $440,000 | -6.2% | $329 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | Price Changed | $469,000 | -4.2% | $351 / Sq Ft |
| 04/14/2025 04/14/25 | For Sale | $489,500 | +0.9% | $366 / Sq Ft |
| 04/26/2024 04/26/24 | Sold | $485,000 | -3.0% | $363 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $499,900 | -- | $374 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,252 | $404,000 | $139,000 | $265,000 |
| 2022 | $5,137 | $385,000 | $139,000 | $246,000 |
| 2021 | $4,944 | $374,000 | $138,000 | $236,000 |
| 2020 | $5,128 | $372,500 | $111,800 | $260,700 |
| 2019 | $4,952 | $358,000 | $111,800 | $246,200 |
| 2018 | $4,624 | $337,500 | $111,800 | $225,700 |
| 2017 | $4,352 | $289,000 | $101,600 | $187,400 |
| 2016 | $4,492 | $289,000 | $101,600 | $187,400 |
| 2015 | $4,459 | $275,000 | $101,600 | $173,400 |
| 2014 | -- | $275,000 | $79,600 | $195,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ellyn Wolfenson
Seller's Agent in 2025
Ellyn Wolfenson
Coldwell Banker Burnet
(612) 644-3033
3 in this area
178 Total Sales
-
Lynn Reiners
Buyer's Agent in 2025
Lynn Reiners
Compass
(612) 817-3597
3 in this area
53 Total Sales
-
Ellyn Sternberg
Seller's Agent in 2024
Ellyn Sternberg
Edina Realty, Inc.
(612) 790-1437
1 in this area
118 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6702823
APN: 28-029-24-42-0165
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