401 N 2nd St Unit 417 Minneapolis, MN 55401
North Loop NeighborhoodEstimated payment $3,474/month
Highlights
- 87,512 Sq Ft lot
- Elevator
- Patio
- Deck
- Stainless Steel Appliances
- Laundry Room
About This Home
Best value in the North Loop! Welcome to Fifth Avenue Lofts, located in the heart of Minneapolis' vibrant North Loop neighborhood. This spacious 2 bedroom, 2 bath condo features an open concept floor plan with 10-foot ceilings, a full balcony, and stylish finishes throughout. Freshly painted and boasting new carpet in both bedrooms, this turnkey unit is move-in ready. The primary suite features a walk-in closet connecting to a spacious bathroom with tiled 3⁄4 shower and dual vanity. The kitchen impresses with granite countertops, a center island with built-in beverage fridge, new LED under-cabinet lighting, gas range, and abundant cabinetry. A second bathroom offers a beautiful tiled shower stall, while the spacious laundry room provides ample storage opportunities. Includes one parking stall and storage locker. Enjoy premium building amenities including a remodeled fitness center, spacious community room, rooftop patio, and private dog run. Prime location with easy access to restaurants, boutique shops, groceries, fitness studios, entertainment venues, and trails. Experience sophisticated urban living in this North Loop gem!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,348
Year Built
- Built in 2005
Lot Details
- Zero Lot Line
- Additional Parcels
HOA Fees
- $700 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Interior Spaces
- 1,347 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924131014
Community Details
Overview
- Association fees include maintenance structure, controlled access, gas, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- Gassen Management Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Cic 1428 Security Warehouse/5Th Ave Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,081 | $417,000 | $55,000 | $362,000 |
| 2023 | $5,207 | $400,000 | $41,000 | $359,000 |
| 2022 | $5,537 | $399,500 | $38,000 | $361,500 |
| 2021 | $5,344 | $399,500 | $32,000 | $367,500 |
| 2020 | $5,972 | $399,500 | $31,600 | $367,900 |
| 2019 | $5,972 | $412,000 | $21,100 | $390,900 |
| 2018 | $5,638 | $400,000 | $21,100 | $378,900 |
| 2017 | $5,452 | $352,500 | $7,800 | $344,700 |
| 2016 | $5,208 | $327,500 | $7,800 | $319,700 |
| 2015 | $4,692 | $281,000 | $7,800 | $273,200 |
| 2014 | -- | $256,500 | $7,800 | $248,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Pending | -- | -- | -- |
| 08/17/2025 08/17/25 | Off Market | $425,000 | -- | -- |
| 08/14/2025 08/14/25 | Price Changed | $425,000 | -1.2% | $316 / Sq Ft |
| 08/07/2025 08/07/25 | Price Changed | $430,000 | -1.1% | $319 / Sq Ft |
| 07/17/2025 07/17/25 | Price Changed | $435,000 | -1.1% | $323 / Sq Ft |
| 07/08/2025 07/08/25 | Price Changed | $440,000 | -1.1% | $327 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $445,000 | -1.1% | $330 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $450,000 | -2.2% | $334 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $460,000 | -- | $341 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $470,000 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $468,000 | Titlenexus Llc | |
| Sheriffs Deed | $7,257 | Attorney | |
| Sheriffs Deed | $7,468 | None Available | |
| Sheriffs Deed | $13,296 | -- | |
| Sheriffs Deed | $13,295 | None Available | |
| Warranty Deed | $337,232 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: NorthstarMLS
MLS Number: 6719496
APN: 22-029-24-13-1014
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