$255,000 - $278,576
RENTED AUG 16, 2024

400 N 1st St Unit 407 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
716 Sq Ft
$371 Price per Sq Ft

About This Home

True Loft living in this beautiful historic building in the heart of North Loop. Timber beam construction, high ceilings, exposed brick, oversized windows. One block from the West River Parkway, within walking distance to many shops, restaurants and much more downtown has to offer. Heat, water, trash basic cable and internet are included in the rent. Enjoy living in the heart of North Loop!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2005
Sold by
Riverwalk Lofts Llc
Bought by
Park Sorha
Current Estimated Value
$265,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,560
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Park Sorha $187,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Sorha $180,500
Closed Park Sorha $180,500
Closed Park Sorha $168,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Rented $1,750 0.0% --
06/04/2024 06/04/24 For Rent $1,750 0.0% --
08/01/2022 08/01/22 Rented $1,750 0.0% --
05/20/2022 05/20/22 Under Contract -- -- --
05/20/2022 05/20/22 For Rent $1,750 -- --

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 $2,950 $226,000 $18,000 $208,000
2022 $3,311 $237,500 $17,000 $220,500
2021 $3,177 $237,500 $16,000 $221,500
2020 $3,276 $237,500 $14,300 $223,200
2019 $3,150 $226,000 $9,500 $216,500
2018 $2,721 $211,000 $9,500 $201,500
2017 $2,731 $186,000 $9,500 $176,500
2016 $2,479 $173,500 $9,500 $164,000
2015 $2,128 $147,000 $9,500 $137,500
2014 -- $125,500 $9,500 $116,000
Source: Public Records

Agents Affiliated with this Home

  • Sylva Zoraqi

    Seller's Agent in 2024

    Sylva Zoraqi

    Edina Realty, Inc.

    (612) 710-8081

    44 Total Sales

    Sylva Zoraqi
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

400 N 1st St Unit 407, Minneapolis, MN

This home is located at 400 N 1st St Unit 407, Minneapolis, MN 55401 and is currently estimated at $265,644, approximately $371 per square foot. 400 N 1st St Unit 407 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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