401 S 1st St Unit 1218 Minneapolis, MN 55401
Downtown West Neighborhood
1
Bed
1
Bath
832
Sq Ft
$549/mo
HOA Fee
Highlights
- Living Room
- Forced Air Heating and Cooling System
- High-Rise Condominium
- 1-Story Property
- Secure Parking
About This Home
As of January 2025Rare opportunity to own a one bedroom condo with TWO parking spaces in historic Riverwest in the Mill City District. Owners also have the option to rent this parking space out to other residents with these high demand spots going for $150-$200 per month, or sell to a current resident for $20,000-$30,000 based on current sales history. Enjoy unobstructed panoramic views of downtown from the comfort of your 12th floor balcony. Walking distance to the river, the Stone Arch Bridge and the award winning James Beard Owamni restaurant. Easy access to the North Loop, US Bank Stadium, and many biking and hiking trails make this location highly desirable. Enjoy the incredible amenities which include 24/7 concierge service, fitness room, outdoor rooftop pool and grills, sauna and whirlpool, community room, private dog park on premises, car wash and ample guest parking. Discover your new urban oasis at Riverwest today. Book your showing and elevate your lifestyle to new heights.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,485
Year Built
- Built in 1989
HOA Fees
- $549 Monthly HOA Fees
Parking
- 2 Car Garage
- Assigned Parking
- Secure Parking
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924310319
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Jan 13, 2025
Sold by
Kozinova Simona and Huskova Simona
Bought by
Halada Rebecca
Seller's Agent
David Babcock
RE/MAX Advantage Plus
Buyer's Agent
Carrie Beck
Keller Williams Premier Realty
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Views
34
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
$3,219
Avg. Annual Appreciation
0.78%
Purchase Details
Closed on
May 16, 2006
Sold by
Turnstone Riverwest Llc
Bought by
Kozinova Simona
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Trademark Title | |
| Warranty Deed | $241,255 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $275,000 | -5.1% | $331 / Sq Ft |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $289,900 | 0.0% | $348 / Sq Ft |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $289,900 | -- | $348 / 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 | $3,485 | $267,000 | $20,000 | $247,000 |
| 2022 | $3,918 | $266,000 | $18,000 | $248,000 |
| 2021 | $3,782 | $281,500 | $16,000 | $265,500 |
| 2020 | $4,097 | $281,500 | $15,900 | $265,600 |
| 2019 | $4,056 | $281,500 | $8,300 | $273,200 |
| 2018 | $3,819 | $270,500 | $8,300 | $262,200 |
| 2017 | $3,313 | $228,500 | $8,300 | $220,200 |
| 2016 | $3,183 | $215,500 | $8,300 | $207,200 |
| 2015 | $3,082 | $201,000 | $8,300 | $192,700 |
| 2014 | -- | $175,500 | $8,300 | $167,200 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
David Babcock
RE/MAX Advantage Plus
-
C
Buyer's Agent in 2025
Carrie Beck
Keller Williams Premier Realty
Map
Source: NorthstarMLS
MLS Number: 6595758
APN: 23-029-24-31-0319
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