Seller's Agent in 2020
Thang Holt
RE/MAX Results
(612) 453-1500
1 in this area
266 Total Sales
401 N 2nd St Unit 223 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $445,000 - $479,000
2
Beds
2
Baths
1,425
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- Building Security
- Elevator
- Woodwork
- Wood Flooring
- 2 Car Attached Garage
- Patio
About This Home
As of July 2020Welcome home to 5th Avenue Lofts located in the heart of downtown Minneapolis in the North Loop
Warehouse district! Only relocation makes this property available. This meticulously cared for unit offers a spacious split 2-bed/2 [full] bath floor-plan, floor-to-ceiling windows with automatic blinds, updated stainless appliances, unique character/finishes, in-unit washer/dryer, custom lighting, & more. Located just steps from world-class restaurants, delicious cafes, the river parkway, the neighborhood
dog park, the Cedar Lake Regional Bike Trail, & so much more! This condo comes with a spacious storage unit, 2 garage parking stalls, & 2 permits for guest parking. Residents not only get access to the fitness center, dog run, & community room that are in the building, but you have access to the community room, fitness center, & rooftop patio at The Security Lofts behind this building as well. Don’t miss this rare opportunity to make this urban oasis your new home sweet home!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,203
Year Built
- Built in 2005
Lot Details
- 2
HOA Fees
- $609 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Fee
- Secure Parking
Home Design
- Property Attached
- Stone Siding
Interior Spaces
- 1,425 Sq Ft Home
- 1-Story Property
- Woodwork
- Ceiling Fan
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130974
Community Details
Overview
- Association fees include air conditioning, building exterior, cable TV, controlled access, hazard insurance, heating, internet, lawn care, outside maintenance, parking space, professional mgmt, sanitation, security system, shared amenities, snow removal, water/sewer
- Gassen Property Management Association
- Cic 1428 Security Warehouse/5T Subdivision
Additional Features
- Elevator
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2024
Sold by
Kahring Delores Diane
Bought by
Kahring Living Trust and Kahring
Total Days on Market
73
Current Estimated Value
Purchase Details
Listed on
Mar 13, 2020
Closed on
Jul 1, 2020
Sold by
Fallahee Tara Tara
Bought by
Kahring Delores Delores
Seller's Agent
Thang Holt
RE/MAX Results
Buyer's Agent
Sapa Carlson
Counselor Realty, Inc
List Price
$499,900
Sold Price
$445,000
Premium/Discount to List
-$54,900
-10.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$356,000
Interest Rate
3.13%
Purchase Details
Listed on
Jun 9, 2017
Closed on
Dec 1, 2017
Sold by
Strommen Hans A and Bahdanionak Yury V
Bought by
Fallahee Tara
Seller's Agent
Joe Grunnet
DRG
Buyer's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
List Price
$499,900
Sold Price
$419,900
Premium/Discount to List
-$80,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$250,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Kahring Living Trust | $500 | None Listed On Document | |
| Kahring Delores Delores | $445,000 | -- | |
| Fallahee Tara | $419,900 | Minnesota Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kahring Delores Delores | $356,000 | |
| Previous Owner | Kahring Delores Delores | -- | |
| Previous Owner | Fallahee Tara | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $445,000 | -1.1% | $312 / Sq Ft |
| 05/25/2020 05/25/20 | Pending | -- | -- | -- |
| 05/09/2020 05/09/20 | Price Changed | $449,999 | -5.2% | $316 / Sq Ft |
| 04/30/2020 04/30/20 | Price Changed | $474,900 | -2.1% | $333 / Sq Ft |
| 04/17/2020 04/17/20 | Price Changed | $484,900 | -2.0% | $340 / Sq Ft |
| 03/27/2020 03/27/20 | Price Changed | $494,900 | -1.0% | $347 / Sq Ft |
| 03/13/2020 03/13/20 | For Sale | $499,900 | +19.1% | $351 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $419,900 | -8.7% | $295 / Sq Ft |
| 10/09/2017 10/09/17 | Pending | -- | -- | -- |
| 08/22/2017 08/22/17 | Price Changed | $459,900 | -2.1% | $323 / Sq Ft |
| 08/02/2017 08/02/17 | Price Changed | $469,900 | -1.1% | $330 / Sq Ft |
| 06/29/2017 06/29/17 | Price Changed | $474,900 | -5.0% | $333 / Sq Ft |
| 06/09/2017 06/09/17 | For Sale | $499,900 | 0.0% | $351 / Sq Ft |
| 04/01/2015 04/01/15 | Rented | $2,495 | 0.0% | -- |
| 03/02/2015 03/02/15 | Under Contract | -- | -- | -- |
| 02/11/2015 02/11/15 | For Rent | $2,495 | -- | -- |
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 | $5,260 | $403,000 | $43,000 | $360,000 |
| 2022 | $5,578 | $402,500 | $40,000 | $362,500 |
| 2021 | $5,372 | $402,500 | $34,000 | $368,500 |
| 2020 | $6,204 | $402,500 | $12,600 | $389,900 |
| 2019 | $6,203 | $428,000 | $8,400 | $419,600 |
| 2018 | $5,837 | $415,500 | $8,400 | $407,100 |
| 2017 | $5,545 | $358,500 | $8,400 | $350,100 |
| 2016 | $5,296 | $333,000 | $8,400 | $324,600 |
| 2015 | $4,776 | $286,000 | $8,400 | $277,600 |
| 2014 | -- | $261,000 | $8,400 | $252,600 |
Source: Public Records
Agents Affiliated with this Home
-
Thang Holt
-
Allie Walsh
Seller Co-Listing Agent in 2020
Allie Walsh
eXp Realty
(952) 457-4085
1 in this area
113 Total Sales
-
Sapa Carlson
Buyer's Agent in 2020
Sapa Carlson
Sally Bowman Real Estate
(612) 306-1050
1 in this area
38 Total Sales
-
Joe Grunnet
Seller's Agent in 2017
Joe Grunnet
DRG
(612) 244-6613
32 in this area
62 Total Sales
-
Jason Huerkamp
Buyer's Agent in 2017
Jason Huerkamp
Keller Williams Preferred Rlty
(612) 314-6330
2 in this area
1,477 Total Sales
-
Ian Haug
Buyer Co-Listing Agent in 2017
Ian Haug
eXp Realty
(218) 892-0003
1 in this area
113 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5474943
APN: 22-029-24-13-0974
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