Seller's Agent in 2025
Peter Rathjen
Sally Bowman Real Estate
(651) 308-4550
3 in this area
59 Total Sales
401 S 1st St Unit 1712 Minneapolis, MN 55401
Downtown West Neighborhood
1
Bed
1
Bath
1,046
Sq Ft
$713/mo
HOA Fee
Highlights
- Sauna
- Main Floor Primary Bedroom
- Elevator
- River View
- Den
- 3-minute walk to Mill Ruins Park
About This Home
As of September 2025Panoramic views of the Mississippi and the Stone Arch Bridge! Floor to ceiling windows offer breathtaking views, visible almost throughout the unit thanks to the open floor plan. The kitchen features granite countertops, stainless steel appliances and an abundance of work space and storage. Entertain guests in the informal dining room or relax in the living room. The spacious bedroom features a walk-in closet, while the front den would make an excellent office or reading nook. Plenty of closet space, an additional storage locker located nearby, and in-unit laundry complete the picture. Building amenities include an outdoor pool and patio with grilling stations, a fitness center, an indoor hot tub and sauna, a community room, and a dog park. All this and just steps to the river front or downtown. Come see it today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,517
Year Built
- Built in 1989
HOA Fees
- $713 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Guest Parking
- Parking Garage Space
Property Views
- River
- City
Interior Spaces
- 1,046 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Den
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2302924310428
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, security, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 922-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Sep 3, 2025
Sold by
Alfred J Dempsey Trust and Dempsey Alfred J
Bought by
Vandeberg Jeremy
Seller's Agent
Peter Rathjen
Counselor Realty
Buyer's Agent
Valerie Rydland
Coldwell Banker Realty
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.20%
Original Mortgage
$313,500
Outstanding Balance
$313,500
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$31,799
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 |
|---|---|---|---|
| Deed | $330,000 | Titlesmart |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $313,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $330,000 | 0.0% | $315 / Sq Ft |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | Off Market | $330,000 | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $349,900 | -- | $335 / 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 | $4,611 | $310,000 | $25,000 | $285,000 |
| 2023 | $4,412 | $338,000 | $25,000 | $313,000 |
| 2022 | $4,732 | $322,000 | $23,000 | $299,000 |
| 2021 | $4,568 | $340,000 | $20,000 | $320,000 |
| 2020 | $4,949 | $340,000 | $18,400 | $321,600 |
| 2019 | $4,903 | $340,000 | $9,200 | $330,800 |
| 2018 | $4,611 | $327,000 | $9,200 | $317,800 |
| 2017 | $4,441 | $287,000 | $9,200 | $277,800 |
| 2016 | $4,310 | $271,000 | $9,200 | $261,800 |
| 2015 | $4,224 | $253,000 | $9,200 | $243,800 |
| 2014 | -- | $221,000 | $9,200 | $211,800 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Rathjen
-
Valerie Rydland
Buyer's Agent in 2025
Valerie Rydland
Coldwell Banker Burnet
(952) 994-9923
1 in this area
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6721288
APN: 23-029-24-31-0428
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