401 N 2nd St Unit 5207 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $435,000 - $469,000
2
Beds
2
Baths
1,378
Sq Ft
$679/mo
HOA Fee
Highlights
- Deck
- Walk-In Closet
- Storage Room
- 2 Car Attached Garage
- Living Room
- 1-Story Property
About This Home
As of August 2022Fantastic 5th Ave condo in the North Loop, smacked right in the middle of all the action but quiet building location make this unit a winner. Light filled and spacious interior with 2 beds, 2 baths and 2 of the best parking stalls in the garage. Large master bedroom with walk in closet and master bath. In unit laundry. Right out the front door is shopping, dining, trails, the river, Target Field and Target Center.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,420
Year Built
- Built in 2005
Lot Details
- 2.01
HOA Fees
- $679 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
Interior Spaces
- 1,378 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal, water
- Gassen Company Association, Phone Number (952) 922-5575
- High-Rise Condominium
- Cic 1428 Security Warehouse/5T Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202924130958
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2022
Closed on
Aug 8, 2022
Sold by
Cloeter John and Gloeter Lydia
Bought by
Raska Jacob and Scheffknecht Taylor
Seller's Agent
Cam McCambridge
Edina Realty, Inc.
Buyer's Agent
Laura Rasmussen
Fazendin REALTORS
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
42
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
$7,833
Avg. Annual Appreciation
0.62%
Original Mortgage
$415,000
Outstanding Balance
$400,212
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$47,621
Purchase Details
Listed on
May 23, 2022
Closed on
Aug 2, 2022
Sold by
Cloeter and Lydia
Bought by
Raska Jacob and Scheffknecht Taylor
Seller's Agent
Cam McCambridge
Edina Realty, Inc.
Buyer's Agent
Laura Rasmussen
Fazendin REALTORS
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$400,212
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$47,621
Purchase Details
Closed on
Dec 29, 2020
Sold by
Cloeter John and Cloeter Lydia
Bought by
Cloeter John and Cloeter Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2013
Sold by
Zubrzycki Nathan J and Zubrzycki Annemarie
Bought by
Cloeter John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raska Jacob | $440,000 | -- | |
| Raska Jacob | $440,000 | -- | |
| Cloeter John | -- | Ancona Title & Escrow | |
| Cloeter John | $330,000 | Trademark Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raska Jacob | $415,000 | |
| Previous Owner | Cloeter John | $270,000 | |
| Previous Owner | Cloeter John | $306,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2022 08/08/22 | Sold | $440,000 | 0.0% | $319 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | Off Market | $440,000 | -- | -- |
| 05/23/2022 05/23/22 | For Sale | $450,000 | -- | $327 / 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 | $5,091 | $390,000 | $42,000 | $348,000 |
| 2022 | $5,420 | $389,500 | $39,000 | $350,500 |
| 2021 | $5,232 | $389,500 | $32,300 | $357,200 |
| 2020 | $6,030 | $389,500 | $32,300 | $357,200 |
| 2019 | $6,032 | $414,500 | $21,600 | $392,900 |
| 2018 | $5,660 | $402,500 | $21,600 | $380,900 |
| 2017 | $5,442 | $355,000 | $8,000 | $347,000 |
| 2016 | $5,159 | $329,500 | $8,000 | $321,500 |
| 2015 | $4,473 | $277,000 | $8,000 | $269,000 |
| 2014 | -- | $252,500 | $8,000 | $244,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cam McCambridge
Seller's Agent in 2022
Cam McCambridge
Edina Realty, Inc.
(952) 484-3280
1 in this area
125 Total Sales
-
Laura Rasmussen
Buyer's Agent in 2022
Laura Rasmussen
Fazendin REALTORS
(612) 710-1551
1 in this area
68 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6200386
APN: 22-029-24-13-0958
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