Seller's Agent in 2021
Mike Seebinger
DRG
(612) 807-4958
33 in this area
280 Total Sales
400 N 1st St Unit 512 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $252,000 - $337,000
1
Bed
1
Bath
713
Sq Ft
$370/mo
HOA Fee
Highlights
- Party Room
- Walk-In Closet
- 1-Story Property
- Elevator
- Storage Room
- 3-minute walk to North Loop Playground
About This Home
As of September 2021Welcome to the historical Riverwalk Lofts. Located in the original Lindsay Brothers Company warehouse, this unique one bedroom condo features beautifully exposed brick, tall timber ceilings, and fantastic natural light. Highlights include luxury vinyl flooring, a fully remodeled bathroom, stainless steel appliances, and one parking stall in a heated garage. Walk to the Mississippi River, Whole Foods, retail shopping, restaurants, bars, and much more!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,630
Year Built
- Built in 1900
Lot Details
- Additional Parcels
HOA Fees
- $370 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 713 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Storage Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924140615
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, heating, ground maintenance, parking, professional mgmt, trash, security, shared amenities, lawn care, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Riverwalk Lofts Subdivision
Amenities
- Party Room
- Coin Laundry
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Sep 7, 2021
Sold by
Cheng Wei and Jiang Shu
Bought by
Ludlow Kaitlyn Merschman and Broback Samuel John
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Max Loff
Keller Williams Realty Integrity Lakes
List Price
$258,000
Sold Price
$254,000
Premium/Discount to List
-$4,000
-1.55%
Total Days on Market
69
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
$25,671
Avg. Annual Appreciation
1.63%
Original Mortgage
$246,380
Outstanding Balance
$227,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$41,785
Purchase Details
Closed on
Dec 8, 2015
Sold by
Aec-Properties Llc Series B
Bought by
Cheng Wei and Cheng Adam
Purchase Details
Listed on
May 3, 2014
Closed on
Jul 18, 2014
Sold by
Brumm Victor O and Brumm Terryl
Bought by
Cheng Wei and Cheng Adam
Seller's Agent
Jessica Miceli
Edina Realty, Inc.
Buyer's Agent
Ross Melby
Lakes Sotheby's International
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Purchase Details
Closed on
Jul 18, 2005
Sold by
Riverwalk Lofts Llc
Bought by
Brumm Victor O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,520
Interest Rate
5.74%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Ludlow Kaitlyn Merschman | $254,000 | Titlenexus Llc | |
| Ludlow Kaitlyn Merschman | -- | Titlenexus Llc | |
| Cheng Wei | -- | None Available | |
| Cheng Wei | $180,000 | Executive Title Inc | |
| Brumm Victor O | $171,900 | -- | |
| Ludlow Kaitlyn Kaitlyn | $254,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ludlow Kaitlyn Merschman | $246,380 | |
| Closed | Ludlow Kaitlyn Merschman | $246,380 | |
| Previous Owner | Brumm Victor O | $137,520 | |
| Previous Owner | Brumm Victor O | $25,785 | |
| Closed | Ludlow Kaitlyn Kaitlyn | $246,380 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $254,000 | 0.0% | $356 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | Off Market | $254,000 | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $258,000 | +43.3% | $362 / Sq Ft |
| 07/18/2014 07/18/14 | Sold | $180,000 | -7.7% | $252 / Sq Ft |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- |
| 05/03/2014 05/03/14 | For Sale | $195,000 | -- | $273 / Sq Ft |
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 | $2,342 | $197,000 | $18,000 | $179,000 |
| 2022 | $2,661 | $207,000 | $17,000 | $190,000 |
| 2021 | $2,572 | $207,000 | $16,000 | $191,000 |
| 2020 | $2,630 | $207,000 | $11,400 | $195,600 |
| 2019 | $2,501 | $197,000 | $7,600 | $189,400 |
| 2018 | $2,316 | $184,000 | $7,600 | $176,400 |
| 2017 | $2,330 | $162,500 | $7,600 | $154,900 |
| 2016 | $2,103 | $151,500 | $7,600 | $143,900 |
| 2015 | $1,902 | $134,500 | $7,600 | $126,900 |
| 2014 | -- | $115,000 | $7,600 | $107,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Seebinger
-
Max Loff
Buyer's Agent in 2021
Max Loff
Keller Williams Realty Integrity Lakes
(612) 562-4104
7 in this area
160 Total Sales
-
Benjamin Lucius
B
Buyer Co-Listing Agent in 2021
Benjamin Lucius
Keller Williams Realty Integrity Lakes
(952) 451-3520
9 in this area
58 Total Sales
-
Jessica Miceli
Seller's Agent in 2014
Jessica Miceli
Edina Realty, Inc.
(952) 240-2596
3 in this area
96 Total Sales
-
Buyer's Agent in 2014
Ross Melby
Lakes Sotheby's International
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 5744376
APN: 22-029-24-14-0615
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