Landlord's Agent in 2025
Tim Carson
DRG
(612) 978-7385
1 Total Sale
401 N 2nd St Unit 310 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $511,000 - $719,000
2
Beds
2
Baths
1,701
Sq Ft
2
Acres
Highlights
- Building Security
- Elevator
- Patio
- No HOA
- 1 Car Attached Garage
- 1-Story Property
About This Home
As of December 2025Spacious 2BR nestled in the heart of the North Loop available with 1 parking stall and most utilities included with rent. Live steps from landmarks of the city’s most vibrant neighborhood, but a short walk to the parks and trails along the riverfront. You’ll love the hardwood flooring, tons of closet space, full size washer & dryer, and large primary bedroom suite, balcony, and massive 2nd bedroom. Kitchen features granite countertops, island, tons of cabinetry, stainless steel appliances and gas oven. Included in rent: 1 indoor heated parking stall, water/sewer/trash, gas, basic cable and internet; tenant responsible for electricity. App Fee: $78. Admin Fee: $150; Move-in fee: $400; Security Deposit is One Month’s Rent.
Condo Details
Home Type
- Condominium
Year Built
- Built in 2005
Lot Details
- 2
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
Interior Spaces
- 1,701 Sq Ft Home
- 1-Story Property
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Central Air
Listing and Financial Details
- Property Available on 10/13/25
- Tenant pays for electricity
- The owner pays for broadband, cable TV, gas, heat, trash collection
- Assessor Parcel Number 2202924130984
Community Details
Overview
- No Home Owners Association
- High-Rise Condominium
- Cic 1428 Security Warehouse/5Th Ave Subdivision
Amenities
- Community Deck or Porch
- Elevator
Security
- Building Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2017
Sold by
Rooney Thomas and Rooney Constance
Bought by
Ovalle Saul and Ovalle Ana Bessie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,425
Outstanding Balance
$343,313
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$223,404
Purchase Details
Closed on
Jan 8, 2013
Sold by
Federal National Mortgage Association
Bought by
Rodney Thomas and Rooney Constance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2012
Sold by
Freeman David J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 12, 2008
Sold by
Security Warehouse Lofts Llc
Bought by
Freeman David J
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 |
|---|---|---|---|
| Ovalle Saul | $549,900 | None Available | |
| Rodney Thomas | -- | Signature Title Midwest Serv | |
| Federal National Mortgage Association | $347,282 | -- | |
| Federal National Mortgage Association | $347,281 | None Available | |
| Freeman David J | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ovalle Saul | $412,425 | |
| Previous Owner | Rodney Thomas | $342,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Rented | $3,200 | -2.9% | -- |
| 10/13/2025 10/13/25 | For Rent | $3,295 | 0.0% | -- |
| 04/28/2023 04/28/23 | Rented | $3,295 | 0.0% | -- |
| 04/12/2023 04/12/23 | For Rent | $3,295 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $7,273 | $489,000 | $55,000 | $434,000 |
| 2023 | $6,590 | $504,000 | $52,000 | $452,000 |
| 2022 | $6,989 | $503,500 | $48,000 | $455,500 |
| 2021 | $6,745 | $503,500 | $40,000 | $463,500 |
| 2020 | $7,584 | $503,500 | $15,600 | $487,900 |
| 2019 | $7,537 | $519,000 | $10,400 | $508,600 |
| 2018 | $7,076 | $504,000 | $10,400 | $493,600 |
| 2017 | $6,797 | $439,500 | $10,400 | $429,100 |
| 2016 | $6,489 | $408,000 | $10,400 | $397,600 |
| 2015 | $5,844 | $350,000 | $10,400 | $339,600 |
| 2014 | -- | $319,500 | $10,400 | $309,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Carson
-
Patrick Carson
P
Landlord's Co-Listing Agent in 2025
Patrick Carson
DRG
(612) 254-0149
46 in this area
193 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6803483
APN: 22-029-24-13-0984
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