NOT LISTED FOR SALE

401 N 2nd St Unit 311 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $697,000

2 Beds
2 Baths
1,322 Sq Ft
$527/Sq Ft Est. Value

About This Home

Beautiful 5th Ave Lofts 2BR, 2BA now available in the heart of the North Loop! With western exposure, this 3rd floor condo features hardwood flooring, gourmet kitchen with upgraded stainless steel appliance package/granite counters/large island, 10 ft. ceilings, master suite with massive walkthrough closet, balcony, and 2nd bedroom. Building amenities include: onsite professional management, secure access, community room, rooftop patio, fitness room, free guest parking, 1st floor grocery. Included in rent: 1 indoor heated parking stall, indoor heated storage unit, water/sewer/trash, gas, heating, air conditioning, basic cable & internet; you only need to pay for electricity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
Pearcy Alex and Logendran Shanthini
Bought by
Martinson Brian C and Partin Melissa R
Current Estimated Value
$697,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,250
Outstanding Balance
$260,600
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$436,400

Purchase Details

Closed on
Aug 4, 2017
Sold by
Nelson Marilyn Kay
Bought by
Pearcy Alex

Purchase Details

Closed on
Aug 27, 2008
Sold by
Security Warehouse Lofts Llc
Bought by
Morgan Marilyn N
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
Martinson Brian C $535,000 Burnet Title
Pearcy Alex $557,000 Ttitlenexus Llc
Morgan Marilyn N $408,935 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinson Brian C $294,250
Previous Owner Nelson Marilyn Kay $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Rented $2,750 0.0% --
06/27/2022 06/27/22 Under Contract -- -- --
06/27/2022 06/27/22 For Rent $2,750 -- --

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 $235 $18,000 $7,300 $10,700
2022 $213 $18,000 $6,800 $11,200
2021 $206 $15,400 $6,000 $9,400
2020 $247 $15,400 $5,700 $9,700
2019 $209 $14,000 $3,800 $10,200
2018 $211 $11,500 $3,800 $7,700
2017 $157 $9,500 $1,300 $8,200
2016 $151 $9,500 $1,300 $8,200
2015 $159 $9,500 $1,300 $8,200
2014 -- $9,500 $1,300 $8,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2022

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    167 Total Sales

    Patrick Carson
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

401 N 2nd St Unit 311, Minneapolis, MN

This home is located at 401 N 2nd St Unit 311, Minneapolis, MN 55401 and is currently estimated at $697,000, approximately $527 per square foot. 401 N 2nd St Unit 311 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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