401 1st St S Unit 1202 Minneapolis, MN 55401
Downtown West NeighborhoodEstimated Value: $413,000 - $438,000
2
Beds
2
Baths
1,358
Sq Ft
$730/mo
HOA Fee
Highlights
- In Ground Pool
- River View
- Living Room
- Sauna
- Elevator
- Guest Parking
About This Home
As of November 2023Welcome to your dream home in the heart of downtown Minneapolis! This exquisite 12th-floor unit captures the essence of city living with its stunning river views and prime location close to shopping, entertainment, and all the amenities you desire.Step out onto your private balcony and experience the ultimate in relaxation and entertainment. Sip your morning coffee as you watch the sunrise over the river or unwind with a glass of wine as you soak in the magnificent city lights at night enjoying some peace and quiet amidst the hustle and bustle of city life.Living in this highly desirable downtown Minneapolis area means having everything you need right at your doorstep. Explore the vibrant neighborhood filled with trendy shops, world-class restaurants, and exciting entertainment options. Take a leisurely stroll along the riverfront or catch a live performance at one of the nearby theaters.Experience the convenience of urban living w/o compromising comfort or luxury.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,987
Year Built
- Built in 1989
Lot Details
- 1.63
HOA Fees
- $730 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Guest Parking
- Assigned Parking
Interior Spaces
- 1,358 Sq Ft Home
- 2-Story Property
- Living Room
- Sauna
- River Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- In Ground Pool
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924310303
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 227-2700
- High-Rise Condominium
- Riverwest Condominiums Subdivision
- Car Wash Area
Amenities
- Elevator
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2023
Closed on
Nov 2, 2023
Sold by
Kagan Marion
Bought by
Munkittrick Ronald and Machones-Munkittrick Helen
Seller's Agent
Blake Wallace
Wallace Realty Group
Buyer's Agent
Michael Fix
Fix Realty
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Total Days on Market
19
Views
34
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
$47,282
Avg. Annual Appreciation
7.86%
Purchase Details
Closed on
Jun 28, 2005
Sold by
Turnstone Riverwest
Bought by
Kagan Marion G
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munkittrick Ronald | $375,000 | -- | |
| Kagan Marion G | $335,581 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kagan Marion G | $244,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2023 11/02/23 | Sold | $375,000 | -2.6% | $276 / Sq Ft |
| 10/11/2023 10/11/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $385,000 | -- | $284 / 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 | $5,136 | $395,000 | $30,000 | $365,000 |
| 2022 | $5,635 | $380,000 | $28,000 | $352,000 |
| 2021 | $5,440 | $405,500 | $24,000 | $381,500 |
| 2020 | $5,893 | $405,500 | $23,000 | $382,500 |
| 2019 | $5,821 | $405,500 | $11,500 | $394,000 |
| 2018 | $5,443 | $390,000 | $11,500 | $378,500 |
| 2017 | $5,289 | $347,000 | $11,500 | $335,500 |
| 2016 | $5,101 | $327,500 | $11,500 | $316,000 |
| 2015 | $4,962 | $305,500 | $11,500 | $294,000 |
| 2014 | -- | $267,000 | $11,500 | $255,500 |
Source: Public Records
Agents Affiliated with this Home
-
Blake Wallace
Seller's Agent in 2023
Blake Wallace
Wallace Realty Group
(651) 366-2362
3 in this area
39 Total Sales
-
Michael Fix
Buyer's Agent in 2023
Michael Fix
Fix Realty
(952) 807-8475
3 in this area
40 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6431237
APN: 23-029-24-31-0303
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