NOT LISTED FOR SALE

322 N 1st Ave Minneapolis, MN 55401

Downtown West Neighborhood

Estimated Value: $3,210,247

-- Bed
-- Bath
39,459 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 322 N 1st Ave, Minneapolis, MN 55401 and is currently estimated at $3,210,247, approximately $81 per square foot. 322 N 1st Ave is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Dp Property Acquisition Llc
Bought by
Consortium Building Llc
Current Estimated Value
$3,210,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,371,958
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$838,289
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Consortium Building Llc $3,200,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Consortium Building Llc $2,400,000
Source: Public Records

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
2024 $110,619 $3,124,000 $1,827,700 $1,296,300
2023 $116,610 $3,550,000 $1,827,700 $1,722,300
2022 $138,347 $3,050,000 $1,569,500 $1,480,500
2021 $142,905 $3,765,000 $1,407,100 $2,357,900
2020 $138,918 $4,084,500 $1,557,100 $2,527,400
2019 $133,957 $3,578,000 $1,244,800 $2,333,200
2018 $120,665 $3,350,000 $1,190,600 $2,159,400
2017 $113,678 $2,795,000 $1,128,300 $1,666,700
2016 $105,879 $2,541,000 $792,700 $1,748,300
2015 $102,232 $2,310,000 $792,700 $1,517,300
2014 -- $2,200,000 $707,800 $1,492,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55401 Downtown West

322 N 1st Ave, Minneapolis, MN

This home is located at 322 N 1st Ave, Minneapolis, MN 55401 and is currently estimated at $3,210,247, approximately $81 per square foot. 322 N 1st Ave 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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