NOT LISTED FOR SALE

221 1st Ave NE Unit 5 Minneapolis, MN 55413

Nicollet Island Neighborhood

Estimated Value: $608,000 - $768,000

3 Beds
3 Baths
2,292 Sq Ft
$299/Sq Ft Est. Value

About This Home

Beautiful End Unit 3 Bedroom, 3 Bath, 2 Car Garage Town Home. The Main Level features a Spacious Kitchen with Coffee Bar, Lots of Cabinets, Kitchen Island, Formal Dining Area, Family Room with Gas burning fireplace and walkout to a large Deck. The Upstairs Level includes a Spacious Loft, 2 Bedrooms, Full Bath and Separate/Private Master Suite. The Finished Lower Level includes another Bedroom and Office. Fantastic location, close to the Riverfront, Shopping, Restaurants and convenient access to downtown.


This home is available now for showings and a December 1st move in. Tenants are responsible for utilities (gas, electric, water/sewer). Lawn Care, Snow Removal and Trash are provided. This is a NO SMOKING property. If you have pets please discuss upfront. This is an independently owned and is professionally managed property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2023
Sold by
Desai Biren and Desai Loree
Bought by
County Of Hennepin
Current Estimated Value
$684,853

Purchase Details

Closed on
May 19, 2017
Sold by
Samar A Dib Family Trust
Bought by
Desai Biren and Desai Loree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2012
Sold by
Dib Elie G and Dib Samar A
Bought by
Dib Elie G and The Elie G Dib Family Trust

Purchase Details

Closed on
Dec 6, 2011
Sold by
Hawbaker Shannon R
Bought by
Dib Elie G and Dib Samar A

Purchase Details

Closed on
Jul 8, 2005
Sold by
Kirchoff Stephanie A and Kirchoff Brian A
Bought by
Hawbaker Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2002
Sold by
Housing Partners Ii Llc
Bought by
Kirchhoff Brian A and Kirchhoff Stephanie A
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
County Of Hennepin -- None Listed On Document
Desai Biren $632,500 Land Title I Nc
Dib Elie G -- None Available
Dib Elie G $435,000 Land Title Inc
Hawbaker Shannon R $505,000 --
Kirchhoff Brian A $510,654 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Blren $103,800
Previous Owner Desai Biren $506,250
Previous Owner Desai Biren $33,750
Previous Owner Desai Biren $424,000
Previous Owner Hawbaker Shannon R $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Rented $3,400 -13.9% --
10/27/2022 10/27/22 For Rent $3,950 -- --

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 $8,622 $631,000 $3,000 $628,000
2022 $9,877 $633,000 $23,000 $610,000
2021 $9,523 $673,500 $23,000 $650,500
2020 $9,855 $673,500 $22,100 $651,400
2019 $9,579 $647,500 $22,100 $625,400
2018 $8,905 $616,500 $22,100 $594,400
2017 $8,570 $546,500 $22,100 $524,400
2016 $8,127 $509,000 $22,100 $486,900
2015 $7,096 $425,000 $22,100 $402,900
2014 -- $425,000 $22,100 $402,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victoria Ellefson

    REI Real Estate & Prop Mgmt

    (612) 250-3014

    26 Total Sales

    Victoria Ellefson
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Map

Minnesota Hennepin County Minneapolis 55413 Nicollet Island

221 1st Ave NE Unit 5, Minneapolis, MN

This home is located at 221 1st Ave NE Unit 5, Minneapolis, MN 55413 and is currently estimated at $684,853, approximately $298 per square foot. 221 1st Ave NE Unit 5 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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