NOT LISTED FOR SALE

1920 S 1st St Unit 401 Minneapolis, MN 55454

Cedar-Riverside Neighborhood

Estimated Value: $168,000 - $182,914

2 Beds
2 Baths
1,100 Sq Ft
$860/mo HOA Fee

Last Sold July 24, 2023

Last sale price $162,000 $147 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,002/month

54 Days on Market

Highlights

  • Heated Pool
  • Multiple Garages
  • 44,867 Sq Ft lot
  • Sauna
  • River View
  • 1-minute walk to Bluff Street Park

About This Home

As of July 2023

Don't miss this well-maintained 2 bedroom 2 bathroom condo with proximity to the U of M campus - a convenient option for students, faculty, or staff. This home features a new flooring throughout, an updated kitchen with new tile backsplash, countertops, appliances, and more! Come take a look and envision life in this condo with stunning downtown views and a lively atmosphere. Parking is available for a monthly fee, featuring both heated and unheated options. Bike storage and a storage unit are also included in the sale. Community living at Riverview Tower is comprehensive; monthly fees include all utilities, basic cable, 24-hour front desk, heated indoor pool, hot tub, workout room and sauna, large outdoor patio with gas grills, community room with kitchen, package room, tennis court, and professional management.

Last Agent to Sell the Property

Lynn Burn

Compass Listed on: 05/11/2023

Compass

Last Buyer's Agent

Jeffrey Simek

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1973

Lot Details

  • 1.03

HOA Fees

  • $860 Monthly HOA Fees

Property Views

  • River
  • City

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Attached Garage
  • Multiple Garages
  • Heated Garage
  • Parking Fee

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2502924220160

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, electricity, heating, internet, lawn care, ground maintenance, professional mgmt, recreation facility, trash, shared amenities, snow removal, water
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 0775 Riverview Tower Condo Subdivision
  • Car Wash Area

Recreation

  • Community Indoor Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,227

Year Built

Built in 1973

Lot Details

0

HOA Fees

$860 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Other, Patio, Sauna, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1100
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1100
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: Heated, Indoor
  • View: City Lights, Panoramic, River
  • Neighborhood: Cedar Riverside
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Multiple Garages, More Parking Onsite for Fee

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Electricity, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 860
  • Association: Yes
  • Amenities Unit: City View,Main Floor Primary Bedroom,Other,Panoramic View

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 44866.8
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2502924220160
  • Tax Annual Amount: 2227
  • TaxWithAssessments: 2227.0000

Multi Family

  • WaterfrontFeatures: River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 24, 2023
Sold by
Musilek Joseph Myles and Grace Murgia
Bought by
Miller Matthew J
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Jeffrey Simek
Edina Realty, Inc.
List Price
$162,500
Sold Price
$162,000
Premium/Discount to List
-$500
-0.31%
Views
165
Current Estimated Value
$175,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,449
Avg. Annual Appreciation
3.34%
Original Mortgage
$157,140
Outstanding Balance
$153,933
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$19,256

Purchase Details

Closed on
Jun 6, 2014
Sold by
Wahl James L and Wahl Diane L
Bought by
Musilek Joseph Myles and Musilek Mary Murgia

Purchase Details

Closed on
May 27, 2005
Sold by
James Michael and James Patricia
Bought by
Wahl James and Wahl Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Miller Matthew J $162,000 None Listed On Document
Musilek Joseph Myles $137,000 Burnet Title
Wahl James $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Matthew J $157,140
Previous Owner Wahl James $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $162,000 -0.3% $147 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $162,500 -- $148 / Sq Ft
Source: NorthstarMLS

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 $2,074 $178,000 $2,500 $175,500
2022 $2,343 $187,500 $2,500 $185,000
2021 $2,266 $187,500 $2,500 $185,000
2020 $2,458 $187,500 $2,500 $185,000
2019 $2,424 $187,500 $2,500 $185,000
2018 $2,239 $180,500 $2,500 $178,000
2017 $2,084 $155,500 $2,500 $153,000
2016 $1,974 $145,000 $2,500 $142,500
2015 $1,570 $117,000 $2,500 $114,500
2014 -- $117,000 $2,500 $114,500
Source: Public Records

Agents Affiliated with this Home

  • Lynn Burn

    Seller's Agent in 2023

    Lynn Burn

    Compass

    (612) 803-0912

    1 in this area

    152 Total Sales

    Section Image
  • Jeffrey Simek

    Buyer's Agent in 2023

    Jeffrey Simek

    Edina Realty, Inc.

    (651) 470-4045

    1 in this area

    149 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6367672

NorthstarMLS

APN: 25-029-24-22-0160

Minnesota Hennepin County Minneapolis 55454 Cedar-Riverside

1920 S 1st St Unit 401, Minneapolis, MN

This home is located at 1920 S 1st St Unit 401, Minneapolis, MN 55454 since 11 May 2023 and is currently estimated at $175,229, approximately $159 per square foot. This property was built in 1973. 1920 S 1st St Unit 401 is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

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