Seller's Agent in 2022
Susan Rowland
Fazendin REALTORS
(612) 227-0672
1 in this area
55 Total Sales
400 N 1st St Unit 209 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $259,000 - $319,000
1
Bed
1
Bath
762
Sq Ft
$391/mo
HOA Fee
Highlights
- City View
- 1 Car Attached Garage
- 1-Story Property
- Loft
- Parking Storage or Cabinetry
- 3-minute walk to North Loop Playground
About This Home
As of April 2022Urban Loft in Historic Riverwalk Lofts. Located in the heart of the North Loop. Exposed brick, wood posts and beams, extra high ceilings with tremendous windows - tons of natural light. Exterior brick tuckpointed in 2015, 14ft ceilings, exposed brick wall, arched window (11'tallx14ftwide), luxury vinyl plank flooring installed 2016 - wide plank w/hand-sawn detail, custom baseboard trim is 6" wide, wire brushed & stained to match existing beams. stainless steel kitchen island cart added in 2018 (included in sale), new kitchen light fixtures in 2018, garbage disposal in 2021, faucet in 2022, cabinet hardware in 2022, new wall sconces in 2022. Close to Whole Foods, Monte Carlo, Spoon & Stable, Freehouse - to name a few. One block walk to the river and outdoor trails. As additional $ and time saver, your HOA dues cover all utility expenses except for electrical.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,418
Year Built
- Built in 1900
Lot Details
- Additional Parcels
HOA Fees
- $391 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 762 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Loft
- City Views
Kitchen
- Cooktop
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Baseboard Heating
Community Details
- Association fees include air conditioning, cable TV, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1356 Riverwalk Lofts Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202924140566
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2022
Closed on
Apr 1, 2022
Sold by
Mock Martha
Bought by
Bhakta Nihal
Seller's Agent
Susan Rowland
Fazendin REALTORS
Buyer's Agent
Jon Bartelt
Bridge Realty, LLC
Sold Price
$265,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,857
Avg. Annual Appreciation
2.60%
Original Mortgage
$247,000
Outstanding Balance
$233,233
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$53,624
Purchase Details
Listed on
Feb 12, 2016
Closed on
May 2, 2016
Sold by
Labine Paula R
Bought by
Mock Martha R
Seller's Agent
Joe Grunnet
DRG
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$168,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2005
Sold by
Riverwalk Lofts Llc
Bought by
Labine Paula R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,112
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bhakta Nihal | $265,000 | -- | |
| Mock Martha R | $210,000 | Titlenexus Llc | |
| Mock Martha R | -- | Titlenexus Llc | |
| Labine Paula R | $201,390 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bhakta Nihal | $247,000 | |
| Previous Owner | Mock Martha R | $168,000 | |
| Previous Owner | Labine Paula R | $161,112 | |
| Previous Owner | Labine Paula R | $40,278 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $265,000 | +26.2% | $348 / Sq Ft |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 05/06/2016 05/06/16 | Sold | $210,000 | -6.7% | $276 / Sq Ft |
| 02/12/2016 02/12/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $225,000 | 0.0% | $295 / Sq Ft |
| 03/05/2014 03/05/14 | Rented | $1,395 | 0.0% | -- |
| 03/05/2014 03/05/14 | For Rent | $1,395 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,020 | $243,000 | $19,000 | $224,000 |
| 2022 | $3,561 | $255,500 | $18,000 | $237,500 |
| 2021 | $3,418 | $255,500 | $17,000 | $238,500 |
| 2020 | $3,529 | $255,500 | $12,200 | $243,300 |
| 2019 | $3,396 | $243,500 | $8,100 | $235,400 |
| 2018 | $3,192 | $227,500 | $8,100 | $219,400 |
| 2017 | $3,222 | $200,500 | $8,100 | $192,400 |
| 2016 | $2,974 | $187,000 | $8,100 | $178,900 |
| 2015 | $2,655 | $159,000 | $8,100 | $150,900 |
| 2014 | -- | $135,500 | $8,100 | $127,400 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Rowland
-
Jon Bartelt
Buyer's Agent in 2022
Jon Bartelt
Bridge Realty, LLC
(612) 875-5626
1 in this area
5 Total Sales
-
Joe Grunnet
Seller's Agent in 2016
Joe Grunnet
DRG
(612) 244-6613
32 in this area
62 Total Sales
-
Buyer's Agent in 2014
Dylan Garrison
DRG
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6150666
APN: 22-029-24-14-0566
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