401 N 2nd St Unit 209 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $402,000 - $462,000
2
Beds
2
Baths
1,309
Sq Ft
$605/mo
HOA Fee
Highlights
- City View
- Deck
- Living Room
- 87,512 Sq Ft lot
- Elevator
- Entrance Foyer
About This Home
As of January 2023Incredible opportunity to own a beautifully updated & meticulously maintained unit at 5th Avenue Lofts in the heart of North Loop! This south facing unit enjoys an abundance of natural light, an open floor plan with 10' ceilings & balcony w/gas line BBQ grill! Impressive Kitchen has newly enameled cabinets, under counter lighting, subway tile backsplash, granite countertops, huge center island w/new pendant lighting and seating for 4, wine chiller, updated appliances w/ gas range! Spacious owner's suite features a beautiful ensuite bath with marble flooring & oversized custom shower, double sink vanity, large walk-in closet w/custom organizers! Dining area has room for large table + hutch and is complimented by a beautiful chandelier! Second bdrm/office has new carpet, newly added French doors! In-unit laundry room, refinished hdwd floors, storage unit + one of the best parking spaces in building! Shared amenities include rooftop deck, dog run, community & fitness centers!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,028
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $605 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,309 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
- Storage Room
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2202924130960
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- Gassen Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Cic 1428 Security Warehouse/5T Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2022
Closed on
Jan 27, 2023
Sold by
Gilligan Michael P and Gilligan Meghan E
Bought by
Mars Lauren D
Seller's Agent
Deborah Marty
Edina Realty, Inc.
Buyer's Agent
Dareian Paine
Keller Williams Premier Realty
List Price
$450,000
Sold Price
$439,900
Premium/Discount to List
-$10,100
-2.24%
Total Days on Market
61
Views
30
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
-$15,262
Avg. Annual Appreciation
-1.47%
Original Mortgage
$395,910
Outstanding Balance
$385,518
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$39,120
Purchase Details
Closed on
Oct 17, 2019
Sold by
Gilligan Michael P and Gilligan Meghan E
Bought by
Gilligan Michael P and Gilligan Meghan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2019
Sold by
Askew Kenneth M
Bought by
Marty Meghan E and Gilligan Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Mars Lauren D | $439,900 | Edina Realty Title | |
| Gilligan Michael P | -- | Esquire Title Services Llc | |
| Marty Meghan E | $425,000 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mars Lauren D | $395,910 | |
| Previous Owner | Gilligan Michael P | $377,000 | |
| Previous Owner | Gilligan Michael P | $381,000 | |
| Previous Owner | Marty Meghan E | $382,500 | |
| Previous Owner | Askew Kenneth M | $35,100 | |
| Previous Owner | Askew Kenneth M | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $439,900 | 0.0% | $336 / Sq Ft |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- |
| 12/14/2022 12/14/22 | Off Market | $439,900 | -- | -- |
| 11/14/2022 11/14/22 | Price Changed | $439,900 | -2.2% | $336 / Sq Ft |
| 10/20/2022 10/20/22 | For Sale | $450,000 | -- | $344 / 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 | $4,745 | $366,000 | $40,000 | $326,000 |
| 2022 | $5,028 | $365,500 | $37,000 | $328,500 |
| 2021 | $4,853 | $365,500 | $31,000 | $334,500 |
| 2020 | $5,626 | $365,500 | $30,900 | $334,600 |
| 2019 | $5,630 | $389,000 | $20,600 | $368,400 |
| 2018 | $5,268 | $377,500 | $20,600 | $356,900 |
| 2017 | $5,065 | $333,000 | $8,500 | $324,500 |
| 2016 | $4,796 | $309,000 | $8,500 | $300,500 |
| 2015 | $4,254 | $265,500 | $8,500 | $257,000 |
| 2014 | -- | $242,000 | $8,500 | $233,500 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Marty
D
Seller's Agent in 2023
Deborah Marty
Edina Realty, Inc.
(612) 387-7217
1 in this area
45 Total Sales
-
Dareian Paine
Buyer's Agent in 2023
Dareian Paine
Keller Williams Premier Realty
(651) 587-5401
1 in this area
62 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6272813
APN: 22-029-24-13-0960
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