$257,000 - $270,855
RENTED MAR 1, 2025

15 S 1st St Unit A520 Minneapolis, MN 55401

Downtown West Neighborhood
3 Beds
3 Baths
1,268 Sq Ft
$210 Price per Sq Ft

About This Home

River Towers Condominiums was one of the first projects constructed in the early 1960's as part of the City of Minneapolis plan to revitalize this area of Minneapolis, known as the Gateway District. It's located near the intersection of Hennepin and Washington, and is centrally located within walking distance to everything downtown living offers- 1 block from the skyway system and the Mississippi River and Grand Rounds recreation trails, restaurants, retail, entertainment, sporting events, grocery shopping, arts, and public transit. River Towers boasts more outdoor amenities than any other building downtown including a heated outdoor lap pool, sauna, private outdoor tennis/pickleball courts, aerobic fitness room, weight room, landscaped garden, barbecue patios, beautiful rooftop deck with 360-degree views of the city, panoramic, skyline views, courtyard, library, community room, party room, guest rooms, and car wash! This 3 bedroom, 2 bath floor plan has been completely updated with a new kitchen and bathroom, flooring, and finishes. Large east and north facing widows bring in abundant natural light and provide views of Gateway Park and the surrounding neighborhood. Heated indoor garage is $110.00 per month (short wait list) and outdoor parking lot for $65.00 per month 24hr attendant for greeting guests, receiving packages and security. Pets are currently not allowed in River Towers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Salyer Duncan D and Salyer Clair M
Bought by
Flannery Mary Grace and Flannery David M
Current Estimated Value
$266,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$161,520
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$105,194

Purchase Details

Closed on
May 28, 2013
Sold by
Goetz Jan Shainline
Bought by
Salyer Duncan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flannery Mary Grace $291,000 Midland Title
Salyer Duncan D $134,911 Dataquick Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flannery Mary Grace $200,000
Previous Owner Salyer Duncan D $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Rented $2,500 0.0% --
01/17/2025 01/17/25 For Rent $2,500 -- --

Tax History Compared to Growth

Source: Public Records

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 $3,273 $263,000 $82,000 $181,000
2022 $3,677 $277,000 $77,000 $200,000
2021 $3,552 $276,500 $67,000 $209,500
2020 $3,850 $276,500 $47,000 $229,500
2019 $3,567 $276,500 $23,500 $253,000
2018 $3,091 $251,500 $23,500 $228,000
2017 $2,914 $205,500 $23,500 $182,000
2016 $2,788 $192,500 $23,500 $169,000
2015 $2,235 $154,000 $23,500 $130,500
2014 -- $145,000 $23,500 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Christian Klempp

    Seller's Agent in 2025

    Christian Klempp

    Compass

    (612) 669-1358

    7 in this area

    164 Total Sales

    Christian Klempp
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Map

Minnesota Hennepin County Minneapolis 55401 Downtown West

15 S 1st St Unit A520, Minneapolis, MN

This home is located at 15 S 1st St Unit A520, Minneapolis, MN 55401 and is currently estimated at $266,714, approximately $210 per square foot. 15 S 1st St Unit A520 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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