Seller's Agent in 2020
Matt Lill
Edina Realty, Inc.
(612) 578-8200
3 in this area
100 Total Sales
401 N 2nd St Unit 121 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $460,000 - $506,000
2
Beds
1.5
Baths
1,538
Sq Ft
$314/Sq Ft
Est. Value
Highlights
- Building Security
- Great Room
- Balcony
- Wood Flooring
- Elevator
- 1 Car Attached Garage
About This Home
As of August 2020Beautiful 2 bedroom, 2 bathroom corner unit at the 5th Avenue Lofts in the North Loop. This well cared for condo offers an abundance of natural light throughout the living room with 10-foot high ceilings, in-unit laundry with added storage space, and a sizeable balcony. Gourmet kitchen features upgraded backsplash, stainless steel appliances, granite counters, and peninsula counter. Master bedroom is complete with new carpet and large walk-in closet. Additional upgrades include the new second bedroom, custom roller shades in living room, and unique light fixtures in the dining room, kitchen, and 2nd bedroom. Just blocks from the Mississippi River, Stone Arch Bridge, many local restaurants, and so much more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,769
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $625 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Secure Parking
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,538 Sq Ft Home
- 1-Story Property
- Woodwork
- Great Room
- Fire Sprinkler System
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924130949
Community Details
Overview
- Association fees include building exterior, electric, gas, hazard insurance, lawn care, outside maintenance, professional mgmt, snow removal, water/sewer
- Gassen Property Management Association
- Cic 1428 Security Warehouse/5T Subdivision
- Rental Restrictions
Additional Features
- Elevator
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2020
Closed on
Aug 24, 2020
Sold by
Giebink Brian and Giebink Erin
Bought by
Smith David C
Seller's Agent
Matt Lill
Edina Realty, Inc.
Buyer's Agent
Brady Kroll
Edina Realty, Inc.
List Price
$425,000
Sold Price
$419,000
Premium/Discount to List
-$6,000
-1.41%
Total Days on Market
85
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
$63,596
Avg. Annual Appreciation
3.06%
Original Mortgage
$398,050
Outstanding Balance
$356,624
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$125,972
Purchase Details
Closed on
Jan 25, 2017
Sold by
Kleist Bryan and Barnich Susan
Bought by
Giebink Erin and Giebink Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2007
Sold by
Security Warehouse Lofts Llc
Bought by
Kleist Bryan
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 |
|---|---|---|---|
| Smith David C | $419,000 | Edina Realty Title Inc | |
| Giebink Erin | $395,000 | Network Title Inc | |
| Kleist Bryan | $312,367 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith David C | $398,050 | |
| Previous Owner | Giebink Erin | $316,000 | |
| Previous Owner | Kleist Bryan | $246,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2020 08/25/20 | Sold | $419,000 | -1.4% | $272 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 05/21/2020 05/21/20 | For Sale | $425,000 | -- | $276 / 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 | $5,730 | $439,000 | $47,000 | $392,000 |
| 2022 | $6,084 | $439,000 | $44,000 | $395,000 |
| 2021 | $5,872 | $439,000 | $37,000 | $402,000 |
| 2020 | $6,769 | $439,000 | $15,300 | $423,700 |
| 2019 | $6,771 | $467,000 | $10,200 | $456,800 |
| 2018 | $6,227 | $453,500 | $10,200 | $443,300 |
| 2017 | $5,523 | $360,500 | $10,200 | $350,300 |
| 2016 | $5,243 | $335,000 | $10,200 | $324,800 |
| 2015 | $4,650 | $287,500 | $10,200 | $277,300 |
| 2014 | -- | $262,500 | $10,200 | $252,300 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Lill
-
Christopher Stewart
C
Seller Co-Listing Agent in 2020
Christopher Stewart
Keller Williams Realty Integrity
(612) 270-1200
3 in this area
77 Total Sales
-
Brady Kroll
Buyer's Agent in 2020
Brady Kroll
Edina Realty, Inc.
(612) 770-7230
38 in this area
102 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5570576
APN: 22-029-24-13-0949
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