$442,363 - $481,000
RENTED OCT 1, 2024

401 N 2nd St Unit 123 Minneapolis, MN 55401

North Loop Neighborhood
2 Beds
2 Baths
1,425 Sq Ft
$319 Price per Sq Ft

About This Home

Unmatched value in North Loop. This 2BR, 2BA features over 1,400 square feet in the heart of North Loop. Included in the rent price you get 1 heated parking space (2nd space available for $200/mo), internet/cable, and all utilities paid for aside from the electricity bill. The building features amenities like a gym, rooftop patio, community room, and secure access while being within walking distance of North Loops most sought after restaurants and bars.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Steele Aaron
Bought by
Henrich Thomas M and Henrich Morgan
Current Estimated Value
$454,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$331,548
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$122,543

Purchase Details

Closed on
Feb 20, 2014
Sold by
Webbles William E and Webbles Colleen A
Bought by
Steele Aaron
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
Henrich Thomas M $474,400 Titlenexus Llc
Steele Aaron $310,000 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henrich Thomas M $369,000
Closed Henrich Thomas M $368,800
Previous Owner Steele Aaron $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $495 -85.0% --
08/05/2024 08/05/24 For Rent $3,295 +6.5% --
09/15/2022 09/15/22 Rented $3,095 +6.9% --
08/08/2022 08/08/22 Under Contract -- -- --
07/19/2022 07/19/22 Price Changed $2,895 -3.3% $2 / Sq Ft
07/11/2022 07/11/22 Price Changed $2,995 -9.1% $2 / Sq Ft
07/05/2022 07/05/22 For Rent $3,295 -- --

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 $5,260 $403,000 $43,000 $360,000
2022 $5,578 $402,500 $40,000 $362,500
2021 $5,384 $402,500 $34,000 $368,500
2020 $6,226 $402,500 $14,000 $388,500
2019 $6,226 $428,000 $9,300 $418,700
2018 $5,857 $415,500 $9,300 $406,200
2017 $5,218 $341,500 $9,300 $332,200
2016 $4,945 $317,000 $9,300 $307,700
2015 $4,384 $272,000 $9,300 $262,700
2014 -- $248,500 $9,300 $239,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Devon White

    DRG

    (218) 232-7635

    1 Total Sale

    Devon White
    Section Image
  • Zach Olson

    Seller's Agent in 2022

    Zach Olson

    DRG

    (218) 282-1237

    17 in this area

    101 Total Sales

    Zach Olson
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Austin Housh

    DRG

    (612) 220-6337

    7 in this area

    11 Total Sales

    Austin Housh
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

401 N 2nd St Unit 123, Minneapolis, MN

This home is located at 401 N 2nd St Unit 123, Minneapolis, MN 55401 and is currently estimated at $454,091, approximately $318 per square foot. 401 N 2nd St Unit 123 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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