401 N 2nd St Unit 418 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $499,000 - $623,000
2
Beds
2
Baths
1,597
Sq Ft
$339/Sq Ft
Est. Value
Highlights
- Building Security
- Wood Flooring
- Balcony
- 2.01 Acre Lot
- Elevator
- 1 Car Attached Garage
About This Home
As of October 2018Desired 5th Ave lofts! Immaculate and well cared for with 2BRs+office space, 2BAs, storage locker & 1 parking stall. Open floor plan with private balcony. Gourmet kitchen w/ granite countertops, gas range, ss appliances & large center island. Spacious master suite features a walk-in closet & ensuite bathroom w/ walk-in shower. Add'l parking space available for rent. Amenities include updated fitness center, 2 rooftop decks & community center. Conveniently located in the heart of the North Loop!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,986
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $512 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Secure Parking
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,597 Sq Ft Home
- Ceiling Fan
- Fire Sprinkler System
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Balcony
- 2.01 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924131015
Community Details
Overview
- Association fees include air conditioning, building exterior, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, security system, shared amenities, snow/lawn care, water/sewer
- Gassen Management Association
- 5Th Ave Lofts Subdivision
Additional Features
- Elevator
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2018
Closed on
Oct 1, 2018
Sold by
Dusek John A and Dusek Katherine A
Bought by
Howell Natalie
Seller's Agent
Ben Ganje
Lakes Sotheby's International Realty
List Price
$515,000
Sold Price
$489,000
Premium/Discount to List
-$26,000
-5.05%
Total Days on Market
106
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
$51,910
Avg. Annual Appreciation
1.54%
Original Mortgage
$289,000
Outstanding Balance
$254,592
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$286,318
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Howell Natalie | $489,000 | Titlenexus Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howell Natalie | $289,000 | |
| Previous Owner | Dusek John A | $357,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $489,000 | -2.2% | $306 / Sq Ft |
| 09/04/2018 09/04/18 | Pending | -- | -- | -- |
| 07/30/2018 07/30/18 | Price Changed | $499,900 | -2.9% | $313 / Sq Ft |
| 05/21/2018 05/21/18 | For Sale | $515,000 | -- | $322 / 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 | $6,487 | $497,000 | $50,000 | $447,000 |
| 2022 | $6,888 | $497,000 | $46,000 | $451,000 |
| 2021 | $6,648 | $497,000 | $39,000 | $458,000 |
| 2020 | $7,468 | $497,000 | $15,000 | $482,000 |
| 2019 | $7,427 | $512,500 | $10,000 | $502,500 |
| 2018 | $7,015 | $497,500 | $10,000 | $487,500 |
| 2017 | $6,720 | $434,500 | $10,000 | $424,500 |
| 2016 | $6,417 | $403,500 | $10,000 | $393,500 |
| 2015 | $5,786 | $346,500 | $10,000 | $336,500 |
| 2014 | -- | $316,000 | $10,000 | $306,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Ganje
Seller's Agent in 2018
Ben Ganje
Lakes Sotheby's International Realty
(651) 442-6161
19 in this area
325 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST4952431
APN: 22-029-24-13-1015
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