NOT LISTED FOR SALE

400 N 1st St Unit 512 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $245,000 - $274,000

1 Bed
1 Bath
713 Sq Ft
$363/Sq Ft Est. Value

About This Home

This home is located at 400 N 1st St Unit 512, Minneapolis, MN 55401 and is currently estimated at $258,511, approximately $362 per square foot. 400 N 1st St Unit 512 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
Sep 7, 2021
Sold by
Cheng Wei and Jiang Shu
Bought by
Ludlow Kaitlyn Merschman and Broback Samuel John
Current Estimated Value
$258,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,380
Outstanding Balance
$226,133
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$32,378

Purchase Details

Closed on
Dec 8, 2015
Sold by
Aec-Properties Llc Series B
Bought by
Cheng Wei and Cheng Adam

Purchase Details

Closed on
Jul 18, 2014
Sold by
Brumm Victor O and Brumm Terryl
Bought by
Cheng Wei and Cheng Adam

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
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
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

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 $2,342 $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

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

400 N 1st St Unit 512, Minneapolis, MN

This home is located at 400 N 1st St Unit 512, Minneapolis, MN 55401 and is currently estimated at $258,511, approximately $362 per square foot. 400 N 1st St Unit 512 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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