401 N 2nd St Unit 5107 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $431,000 - $465,000
1
Bed
2
Baths
1,379
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- 2.01 Acre Lot
- Business Center
- Forced Air Heating and Cooling System
About This Home
As of January 2022Beautiful 1 bedroom plus den/home office features main floor living in the much sought after North Loop neighborhood in the 5th Ave Lofts. Brand new carpet, professionally refinished hardwood floors and freshly painted. Master suite has large dressing area/walk in closet. Stainless appliances and granite counters in the gourmet, open style kitchen. Enjoy a book or cocktail on private, large 300+ sq ft patio. Must See!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,240
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $512 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Property Attached
- Poured Concrete
- Stone Siding
Interior Spaces
- 1,379 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
Additional Features
- 2.01 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130935
Community Details
Overview
- Association fees include cable TV, internet, outside maintenance, professional mgmt, security system, shared amenities, snow/lawn care
- Gassen Association
- Cic 1428 Security Warehouse/5T Subdivision
Amenities
- Business Center
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2021
Closed on
Jan 13, 2022
Sold by
Margaret Gehrke Judith
Bought by
Gehrke Christopher James
Seller's Agent
Rolf Ulvin
National Realty Guild
Buyer's Agent
Ana Maria Vogler
Coldwell Banker Realty
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Total Days on Market
74
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
$41,926
Avg. Annual Appreciation
3.05%
Original Mortgage
$320,000
Outstanding Balance
$298,293
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$143,633
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gehrke Christopher James | $400,000 | Waldron Law Offices Ltd |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gehrke Christopher James | $320,000 | |
| Previous Owner | Gehrke Judith | $231,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $400,000 | -2.4% | $290 / Sq Ft |
| 01/10/2022 01/10/22 | For Sale | $410,000 | +2.5% | $297 / Sq Ft |
| 01/09/2022 01/09/22 | Pending | -- | -- | -- |
| 11/18/2021 11/18/21 | Off Market | $400,000 | -- | -- |
| 11/11/2021 11/11/21 | Price Changed | $410,000 | -3.5% | $297 / Sq Ft |
| 11/03/2021 11/03/21 | Price Changed | $425,000 | -4.5% | $308 / Sq Ft |
| 10/27/2021 10/27/21 | For Sale | $445,000 | -- | $323 / 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 | $5,117 | $392,000 | $41,000 | $351,000 |
| 2022 | $5,451 | $392,000 | $38,000 | $354,000 |
| 2021 | $5,262 | $392,000 | $32,000 | $360,000 |
| 2020 | $6,067 | $392,000 | $31,600 | $360,400 |
| 2019 | $6,070 | $417,000 | $21,100 | $395,900 |
| 2018 | $5,681 | $405,000 | $21,100 | $383,900 |
| 2017 | $5,521 | $357,000 | $7,800 | $349,200 |
| 2016 | $5,183 | $331,500 | $7,800 | $323,700 |
| 2015 | $4,595 | $284,500 | $7,800 | $276,700 |
| 2014 | -- | $259,500 | $7,800 | $251,700 |
Source: Public Records
Agents Affiliated with this Home
-
Rolf Ulvin
R
Seller's Agent in 2022
Rolf Ulvin
National Realty Guild
(651) 330-8001
1 in this area
1 Total Sale
-
Ana Maria Vogler
Buyer's Agent in 2022
Ana Maria Vogler
Coldwell Banker Burnet
(651) 235-4230
21 in this area
101 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST6120639
APN: 22-029-24-13-0935
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 401 N 2nd St Unit 202
- 401 N 2nd St Unit 208
- 401 N 2nd St Unit 401
- 401 N 2nd St Unit 220
- 401 N 2nd St Unit 610
- 500 N 2nd St Unit 401
- 500 N 2nd St Unit 102
- 500 N 2nd St Unit 116
- 545 N 1st St Unit 125
- 545 N 1st St Unit 410
- 111 N 4th Ave Unit 504
- 560 N 2nd St Unit 307
- 400 N 1st St Unit 309
- 400 N 1st St Unit 305
- 575 N 1st St Unit 123
- 600 N 2nd St Unit 302
- 600 N 2nd St Unit 102
- 615 N 1st St Unit 401
- 645 N 1st St Unit 403
- 645 N 1st St Unit 405
- 401 N 2nd St Unit 615
- 401 N 2nd St Unit 209
- 401 N 2nd St Unit 418
- 401 N 2nd St Unit 120
- 401 N 2nd St Unit 419
- 401 N 2nd St Unit 417
- 401 N 2nd St Unit 309
- 401 N 2nd St Unit 5516
- 401 N 2nd St Unit 5704
- 401 N 2nd St Unit 5703
- 401 N 2nd St Unit 5702
- 401 N 2nd St Unit 5701
- 401 N 2nd St Unit 5623
- 401 N 2nd St Unit 5622
- 401 N 2nd St Unit 5621
- 401 N 2nd St Unit 5620
- 401 N 2nd St Unit 5619
- 401 N 2nd St Unit 5617
- 401 N 2nd St Unit 5615
- 401 N 2nd St Unit 5614