NOT LISTED FOR SALE

401 Ridgewood Ave Unit 1 Minneapolis, MN 55403

Stevens Square Neighborhood

Estimated Value: $107,000 - $197,000

2 Beds
1 Bath
756 Sq Ft
$295/mo HOA Fee

Highlights

  • Living Room
  • Baseboard Heating
  • Coin Laundry
  • 1-Story Property

About This Home

As of August 2023

Beautiful and updated Steven's Square rental condo! Includes mounted TV. Comes with 1 covered parking space and storage unit. Extremely convenient location to both Downtown and Uptown, with walkability to restaurants, entertainment and public transit.

Last Agent to Rent the Property

Joe Allen

RE/MAX Results Listed on: 05/05/2023

RE/MAX Results

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1960

Lot Details

  • 0.3

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Property Available on 6/1/23
  • Tenant pays for cable TV
  • The owner pays for gas, heat, trash collection
  • Assessor Parcel Number 2702924330086

Community Details

Overview

  • Association fees include gas, hazard insurance, heating, ground maintenance, trash, lawn care, water
  • Low-Rise Condominium
  • Condo 0159 401 Ridgewood Hills Subdivision

Amenities

  • Coin Laundry

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,906

Year Built

Built in 1960

Lot Details

0

HOA Fees

$295 per month

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2023-06-01
  • Lease Price: 1350.0000
  • ApplicationFee: 40.0000
  • SecurityDeposit: 2025.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fee Frequency: Monthly
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 756
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 756
  • Owner Pays: Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 756.00

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

  • Parking Features: Covered

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Hazard Insurance, Heating, Maintenance Grounds, Trash, Lawn Care, Water
  • Association Fee: 295
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Assessor Parcel Number: 2702924330086

Multi Family

  • TenantPays: Cable TV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Ridgewood Heights Llc
Bought by
401 Ridgewood Heights Llc
Current Estimated Value
$144,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Outstanding Balance
$1,349,385
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,202,695

Purchase Details

Closed on
Dec 11, 2012
Sold by
Schneider Daniel R
Bought by
Sds Investments Llc

Purchase Details

Closed on
Apr 17, 2009
Sold by
Schneider Kimberly S
Bought by
Schneider Daniel R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
401 Ridgewood Heights Llc $1,900,000 None Listed On Document
Sds Investments Llc -- None Available
Schneider Daniel R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 401 Ridgewood Heights Llc $1,475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Rented $1,350 0.0% --
07/18/2023 07/18/23 Price Changed $1,350 -1.8% $2 / Sq Ft
05/05/2023 05/05/23 For Rent $1,375 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $1,906 $146,000 $23,000 $123,000
2022 $1,746 $146,000 $18,000 $128,000
2021 $1,679 $126,000 $16,000 $110,000
2020 $1,703 $125,500 $14,200 $111,300
2019 $1,448 $117,500 $14,200 $103,300
2018 $1,417 $97,000 $14,200 $82,800
2017 $1,370 $89,000 $14,800 $74,200
2016 $1,435 $87,000 $14,800 $72,200
2015 $1,372 $79,000 $14,800 $64,200
2014 -- $77,000 $14,800 $62,200
Source: Public Records

Agents Affiliated with this Home

  • Joe Allen

    Landlord's Agent in 2023

    Joe Allen

    RE/MAX Results

    (952) 297-6636

    1 in this area

    169 Total Sales

    Joe Allen
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Map

Source: NorthstarMLS

MLS Number: 6366113

NorthstarMLS

APN: 27-029-24-33-0086

Minnesota Hennepin County Minneapolis 55403 Stevens Square

401 Ridgewood Ave Unit 1, Minneapolis, MN

This home is located at 401 Ridgewood Ave Unit 1, Minneapolis, MN 55403 since 05 May 2023 and is currently priced at $144,617. This property was built in 1960. 401 Ridgewood Ave Unit 1 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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