401 N 2nd St Unit 106 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $384,000 - $491,000
1
Bed
1
Bath
1,376
Sq Ft
$617/mo
HOA Fee
Highlights
- 87,120 Sq Ft lot
- Elevator
- Patio
- Den
- 1 Car Attached Garage
- Living Room
About This Home
As of October 2022Welcome to your new home at 5th Avenue Lofts. Renovated with new flooring and paint throughout the unit, remodeled bathroom, new dishwasher, washer & dryer, faucets and light fixtures. Enjoy the convenience of your own private entry with a spacious 25 ft patio. Includes 1 assigned stall in underground heated garage with bike rack and private storage unit. Building amenities include fitness center, fenced dog area, 2-story community room, rooftop deck and secure package delivery as well as access to Security Lofts amenities.
Last Agent to Sell the Property
Lakes Sotheby's International Realty Listed on: 08/30/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,782
Year Built
- Built in 2005
Lot Details
- 2
HOA Fees
- $617 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,376 Sq Ft Home
- 1-Story Property
- Living Room
- Den
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Patio
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2202924130934
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
- Gassen Management Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Security/5Th Ave. Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2022
Closed on
Oct 21, 2022
Sold by
Wiggins Hannah and Wiggins Joshua
Bought by
Voth Aaron
Seller's Agent
Josh Wiggins
Lakes Sotheby's International Realty
Buyer's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$395,000
Sold Price
$395,000
Total Days on Market
0
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
$26,501
Avg. Annual Appreciation
2.48%
Original Mortgage
$313,341
Outstanding Balance
$303,439
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$118,062
Purchase Details
Closed on
Feb 27, 2020
Sold by
Warner Jacob and Paez Warner Andrea
Bought by
Wiggins Joshua and Wiggins Hannah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2016
Sold by
Warner Jacob and Paez Warner Andrea
Bought by
Warner Jacob and Paez Warner Andrea
Purchase Details
Closed on
Mar 21, 2012
Sold by
Frohne Thomas A
Bought by
Warner Jacob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2007
Sold by
Security Warehouse Lofts Llc
Bought by
Frohne Thomas A
Similar Homes in Minneapolis, MN
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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 |
|---|---|---|---|
| Voth Aaron | $395,000 | -- | |
| Wiggins Joshua | $350,000 | Titlenexus Llc | |
| Warner Jacob | -- | All American Title Co | |
| Warner Jacob | -- | Title Nexus Llc | |
| Frohne Thomas A | $299,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Voth Aaron | $313,341 | |
| Previous Owner | Wiggins Joshua | $332,500 | |
| Previous Owner | Warner Jacob | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2022 10/21/22 | Sold | $395,000 | 0.0% | $287 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | For Sale | $395,000 | -- | $287 / 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 | $4,308 | $335,000 | $41,000 | $294,000 |
| 2022 | $4,569 | $334,600 | $38,000 | $296,600 |
| 2021 | $4,412 | $334,600 | $32,000 | $302,600 |
| 2020 | $6,058 | $334,600 | $11,700 | $322,900 |
| 2019 | $6,061 | $416,500 | $7,800 | $408,700 |
| 2018 | $5,701 | $404,500 | $7,800 | $396,700 |
| 2017 | $5,081 | $328,500 | $7,800 | $320,700 |
| 2016 | $4,851 | $305,000 | $7,800 | $297,200 |
| 2015 | $4,191 | $262,000 | $7,800 | $254,200 |
| 2014 | -- | $239,000 | $7,800 | $231,200 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Wiggins
Seller's Agent in 2022
Josh Wiggins
Lakes Sotheby's International Realty
(612) 723-9457
1 in this area
74 Total Sales
-
Mark Abdel
Buyer's Agent in 2022
Mark Abdel
RE/MAX Advantage Plus
(651) 283-8251
10 in this area
747 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6254381
APN: 22-029-24-13-0934
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