Seller's Agent in 2025
Nora Webb
Verve Realty
(612) 245-9205
1 in this area
252 Total Sales
401 S 1st St Unit 1002 Minneapolis, MN 55401
Downtown West Neighborhood
2
Beds
2
Baths
1,264
Sq Ft
$849/mo
HOA Fee
Highlights
- Heated Pool
- River View
- Elevator
- Sauna
- Deck
- 3-minute walk to Mill Ruins Park
About This Home
As of August 2025Enjoy panoramic river views from this spacious 10th floor corner unit at RiverWest. Features include two roomy bedrooms & two bathrooms including a primary suite with a recently renovated shower and dressing room. The open kitchen has bar seating, new refrigerator, dishwasher, washer, & dryer - all installed in the past 4 years. There's plenty of room for entertaining in the large dining and living room and you will enjoy the sights and sounds of the river from your private balcony. RiverWest features luxury amenities including an outdoor pool & patio with grills, hot tub, sauna, fitness center, community room, social room, private dog run, car wash, staffed front desk, and ample guest parking. Two assigned side-by-side parking stalls in the heated garage and private storage are included. Located at the foot of the Stone Arch Bridge and St. Anthony Falls, you'll be just steps to everything the historic Mill District has to offer including Water Works Park Pavilion, riverfront walking/running/biking paths, coffee shops, restaurants, groceries, the Guthrie Theater, Mill City Museum & Farmer's Market, Central Library, and sports venues. Just a block and a half to the Skyway plus fast access to light rail, 35, 94, and 394.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,815
Year Built
- Built in 1989
HOA Fees
- $849 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,264 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- River Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Heated Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2302924310257
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- Firstservice Residential Association, Phone Number (952) 227-2700
- High-Rise Condominium
- Riverwest Condos Subdivision
- Car Wash Area
Recreation
- Community Pool
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
Aug 27, 2025
Sold by
Engberg Janice M
Bought by
Devel Joshua
Seller's Agent
Nora Webb
Verve Realty
Buyer's Agent
Robert McDonald
TheMLSonline.com, Inc.
List Price
$438,000
Sold Price
$425,000
Premium/Discount to List
-$13,000
-2.97%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$340,000
Outstanding Balance
$340,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$90,211
Purchase Details
Closed on
Mar 31, 2021
Sold by
Roselle Michael and Cabo Maria Teresa
Bought by
Engberg Janice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2018
Sold by
Droopad Ravindranath and Droopad Komaleeta
Bought by
Roselle Michael and Cabo Maria Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2014
Sold by
Talmage Ross J
Bought by
The Droopad Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 6, 2012
Sold by
Parco Todd M
Bought by
Talmage Ross J
Purchase Details
Closed on
Jun 1, 2006
Sold by
Seno David J
Bought by
Praco Todd M
Purchase Details
Closed on
Mar 17, 2005
Sold by
Turnstone River West Llc
Bought by
Seno David J
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Executive Title | |
| Warranty Deed | $415,000 | Titlenexus Llc | |
| Trustee Deed | $443,000 | Watermark Title Agency | |
| Warranty Deed | $375,000 | Edina Realty Title Inc | |
| Deed | $317,500 | Edina Realty Title Inc | |
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $331,135 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,000 | New Conventional | |
| Previous Owner | $373,500 | New Conventional | |
| Previous Owner | $332,000 | New Conventional | |
| Previous Owner | $262,500 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $425,000 | -1.7% | $336 / Sq Ft |
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $432,500 | -1.3% | $342 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $438,000 | -- | $347 / 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 |
|---|---|---|---|---|
| 2024 | $5,815 | $391,000 | $30,000 | $361,000 |
| 2023 | $5,391 | $413,000 | $30,000 | $383,000 |
| 2022 | $5,724 | $408,000 | $28,000 | $380,000 |
| 2021 | $5,524 | $413,000 | $24,000 | $389,000 |
| 2020 | $5,986 | $413,000 | $23,000 | $390,000 |
| 2019 | $5,927 | $413,000 | $11,500 | $401,500 |
| 2018 | $5,598 | $397,000 | $11,500 | $385,500 |
| 2017 | $5,137 | $332,000 | $11,500 | $320,500 |
| 2016 | $4,986 | $313,500 | $11,500 | $302,000 |
| 2015 | $4,884 | $292,500 | $11,500 | $281,000 |
| 2014 | -- | $258,000 | $11,500 | $246,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nora Webb
-
Hannah Lane
Seller Co-Listing Agent in 2025
Hannah Lane
Verve Realty
(651) 497-1074
1 in this area
92 Total Sales
-
Robert McDonald
R
Buyer's Agent in 2025
Robert McDonald
TheMLSonline.com, Inc.
(612) 270-5073
1 in this area
8 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6682260
APN: 23-029-24-31-0257
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