Seller's Agent in 2024
Kary Marpe
Edina Realty, Inc.
(612) 325-8787
12 in this area
116 Total Sales
401 N 2nd St Unit 104 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
2
Baths
2,412
Sq Ft
$1,209/mo
HOA Fee
Highlights
- City View
- Elevator
- Stainless Steel Appliances
- Home Office
- Built-In Double Oven
- The kitchen features windows
About This Home
As of December 2024Sunny east-facing unit with open floor plan! One of the largest plans in the building AND IN NORTH LOOP! Immaculate 2 bedroom PLUS den (den has French doors for privacy plus Murphy bed and built-in desk) with 1 car parking (2nd stall available to purchase) and views towards downtown! Full bath off the primary suite with walk thru closets, HUGE 2nd bedroom closet, Murphy bed in office for potential 3rd bedroom. Over 2400 sq. ft! The only floor plan that has windows to the east and west for tons of natural light all day! Hardwood floors, freshly painted in Jan 2024! Huge laundry room, Big foyer entry, and a gourmet kitchen! Open floor plan, private patio with views of the city! Association has dog run, 2 community rooms, rooftop patio, 2 workout rooms...professionally managed and all the updates! Building has had new roof, 2 workout facilities with new equipment plus a Peloton, 2 new building AC units, new rooftop sun shades on 7th floor. Electric car charging stations on P1.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,572
Year Built
- Built in 2005
HOA Fees
- $1,209 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
- Secure Parking
Interior Spaces
- 2,412 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
- Home Office
- City Views
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
- Radiant Heating System
- Cable TV Available
Additional Features
- Patio
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2202924130932
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
- Gasson Association, Phone Number (952) 922-5575
- High-Rise Condominium
- 5Th Ave Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Dec 9, 2024
Sold by
Karwoski Erickson Trust and Erickson-Karwoski Bonnie R
Bought by
Petiul Vadim
Seller's Agent
Kary Marpe
Edina Realty, Inc.
Buyer's Agent
Kary Marpe
Edina Realty, Inc.
List Price
$650,000
Sold Price
$650,000
Views
18
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
$93,227
Avg. Annual Appreciation
9.88%
Original Mortgage
$390,000
Outstanding Balance
$387,596
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$311,971
Purchase Details
Closed on
Feb 12, 2024
Sold by
Bonnie R Erickson Trust
Bought by
Karwoski Erickson Trust and Karwoski
Purchase Details
Closed on
Feb 5, 2020
Sold by
Erickson Bonnie R
Bought by
Erickson Bonnie R and Bonnie R Erickson Trust
Purchase Details
Closed on
Sep 30, 2016
Sold by
Lyon Dugin Frances E and Lyon Dugin Bruce A
Bought by
Erickson Bonnie
Purchase Details
Closed on
Jun 27, 2014
Sold by
Fox Robert C and Salo Amy
Bought by
Lyon Dugin Frances E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2008
Sold by
Security Warehouse Lofts Llc
Bought by
Fox Robert C and Salo Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,900
Interest Rate
6.51%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Edina Realty Title | |
| Deed | $650,000 | Edina Realty Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $675,000 | Title Recording Services Inc | |
| Warranty Deed | $585,000 | Burnet Title | |
| Warranty Deed | $499,895 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,000 | New Conventional | |
| Closed | $390,000 | New Conventional | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $409,600 | New Conventional | |
| Previous Owner | $399,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $650,000 | 0.0% | $269 / Sq Ft |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $650,000 | -- | $269 / 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 |
|---|---|---|---|---|
| 2024 | $11,047 | $698,000 | $78,000 | $620,000 |
| 2023 | $10,286 | $735,000 | $78,000 | $657,000 |
| 2022 | $10,327 | $700,000 | $72,000 | $628,000 |
| 2021 | $9,955 | $700,000 | $60,000 | $640,000 |
| 2020 | $11,568 | $700,000 | $24,900 | $675,100 |
| 2019 | $11,513 | $744,500 | $16,600 | $727,900 |
| 2018 | $10,730 | $723,000 | $16,600 | $706,400 |
| 2017 | $10,276 | $637,500 | $16,600 | $620,900 |
| 2016 | $9,722 | $591,500 | $16,600 | $574,900 |
| 2015 | $8,511 | $508,000 | $16,600 | $491,400 |
| 2014 | -- | $463,500 | $16,600 | $446,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kary Marpe
-
David Paulson
Seller Co-Listing Agent in 2024
David Paulson
Edina Realty, Inc.
(612) 239-3424
2 in this area
54 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6605626
APN: 22-029-24-13-0932
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