401 N 2nd St Unit 513 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $411,000 - $498,000
2
Beds
2
Baths
1,309
Sq Ft
$605/mo
HOA Fee
Highlights
- City View
- 1 Car Attached Garage
- 1-Story Property
- Elevator
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of October 2022Meticulously cared for 5th floor unit in desirable 5th Avenue Lofts with fantastic North Loop city views. Enjoy plenty of natural lighting with afternoon sunlight and an open floor plan. The living room has access to the balcony were you can enjoy grilling, (gas line included), and views of the city. Kitchen offers stainless steel appliances such as a warming drawer and oven, a center island, plenty of cabinets and informal dining space. Master bedroom offers city views, a walk-in closet and private 3/4 bath. Other features include 2nd bedroom with french doors, 2nd full bathroom with upgraded glass shower door, laundry room with extra storage space, excellent garage spot with bicycle rack. Recent updates include painting throughout unit, new light fixtures, ceiling fans, and new dishwasher.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,425
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $605 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,309 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Utility Room Floor Drain
- City Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924131031
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
- Gassen Co. Association, Phone Number (952) 922-5575
- High-Rise Condominium
- 5Th Avenue Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Oct 11, 2022
Sold by
Paulazzo Bryon and Paulazzo Melissa
Bought by
Westphal Andrew
Seller's Agent
Virginia Antony
Compass
Buyer's Agent
Jim and Shelley Diffley
Edina Realty, Inc.
List Price
$439,999
Sold Price
$415,000
Premium/Discount to List
-$24,999
-5.68%
Total Days on Market
83
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
$36,795
Avg. Annual Appreciation
3.22%
Original Mortgage
$276,500
Outstanding Balance
$266,876
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$184,919
Purchase Details
Closed on
Feb 25, 2020
Sold by
Strand Rachel
Bought by
Paulazzo Bryon and Schugel Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
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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 |
|---|---|---|---|
| Westphal Andrew | $415,000 | -- | |
| Paulazzo Bryon | $435,000 | Dca Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Westphal Andrew | $276,500 | |
| Previous Owner | Paulazzo Bryon | $326,250 | |
| Previous Owner | Westphal Andrew | $276,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2022 10/13/22 | Sold | $415,000 | -4.6% | $317 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | Price Changed | $435,000 | -1.1% | $332 / Sq Ft |
| 07/25/2022 07/25/22 | For Sale | $439,999 | 0.0% | $336 / Sq Ft |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | Price Changed | $439,999 | 0.0% | $336 / Sq Ft |
| 07/21/2022 07/21/22 | For Sale | $439,999 | -2.2% | $336 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $450,000 | -- | $344 / 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 | $5,113 | $392,000 | $40,000 | $352,000 |
| 2022 | $5,425 | $392,000 | $37,000 | $355,000 |
| 2021 | $5,220 | $392,000 | $31,000 | $361,000 |
| 2020 | $5,878 | $392,000 | $30,900 | $361,100 |
| 2019 | $5,864 | $404,000 | $20,600 | $383,400 |
| 2018 | $5,482 | $392,000 | $20,600 | $371,400 |
| 2017 | $5,273 | $345,500 | $7,600 | $337,900 |
| 2016 | $5,002 | $321,000 | $7,600 | $313,400 |
| 2015 | $4,433 | $275,500 | $7,600 | $267,900 |
| 2014 | -- | $251,500 | $7,600 | $243,900 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Antony
Seller's Agent in 2022
Virginia Antony
Compass
(763) 258-9999
1 in this area
59 Total Sales
-
Jim and Shelley Diffley
J
Buyer's Agent in 2022
Jim and Shelley Diffley
Edina Realty, Inc.
(612) 986-6418
2 in this area
222 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6225539
APN: 22-029-24-13-1031
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