NOT LISTED FOR SALE

Freight Yard Townhomes and Flats 400 1st Ave N Unit 601 Minneapolis, MN 55401

Downtown West Neighborhood

Estimated Value: $250,000 - $285,000

1 Bed
1 Bath
773 Sq Ft
$341/Sq Ft Est. Value

About This Home

This home is located at 400 1st Ave N Unit 601, Minneapolis, MN 55401 and is currently estimated at $263,714, approximately $341 per square foot. 400 1st Ave N Unit 601 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
Aug 16, 2024
Sold by
Campbell Patricia
Bought by
Palermo Patricia C and Saterbak Atle
Current Estimated Value
$263,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,800
Outstanding Balance
$214,248
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$49,466

Purchase Details

Closed on
Jul 2, 2020
Sold by
Mergen Jason C
Bought by
Campbell Patricia

Purchase Details

Closed on
Dec 10, 2014
Sold by
White Robert E and White Elaine C
Bought by
Mergen Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
White Robert E and White Elaine C
Bought by
Mergen Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Riverwalk Lofts Llc
Bought by
White Robert E and White Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,992
Interest Rate
5.74%
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
Palermo Patricia C $274,000 Executive Title
Campbell Patricia $233,000 Titlenexus Llc
Campbell Patricia -- Titlenexus Llc
Mergen Jason C -- Tri County Abstract & Title
Mergen Jason C $181,000 Tri County Abstract & Title
White Robert E $174,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Patricia C $218,800
Previous Owner Campbell Patricia $225,000
Previous Owner Mergen Jason C $126,700
Previous Owner Mergen Jason C $126,700
Previous Owner White Kathryn E $139,992
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 $2,800 $211,000 $55,000 $156,000
2023 $2,597 $213,000 $20,000 $193,000
2022 $2,917 $224,000 $19,000 $205,000
2021 $2,996 $224,000 $18,000 $206,000
2020 $3,094 $224,000 $12,300 $211,700
2019 $2,978 $213,500 $8,200 $205,300
2018 $2,802 $199,500 $8,200 $191,300
2017 $2,833 $176,000 $8,200 $167,800
2016 $2,608 $164,000 $8,200 $155,800
2015 $2,429 $145,500 $8,200 $137,300
2014 -- $124,000 $8,200 $115,800
Source: Public Records

About Freight Yard Townhomes and Flats

Map

Minnesota Hennepin County Minneapolis 55401 Downtown West

400 1st Ave N Unit 601, Minneapolis, MN

This home is located at 400 1st Ave N Unit 601, Minneapolis, MN 55401 and is currently estimated at $263,714, approximately $341 per square foot. 400 1st Ave N Unit 601 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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