$330,000
SOLD MAY 17, 2024
2 Beds
1 Bath
1,095 Sq Ft
$712/mo HOA Fee

Recently Sold

$301 Per Sq Ft

16 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • High-Rise Condominium
  • 1-Story Property

About This Home

As of March 2025

This home is located at 401 S 1st St Unit 214, Minneapolis, MN 55401 and is currently priced at $330,000, approximately $301 per square foot. This property was built in 1989. 401 S 1st St Unit 214 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Last Agent to Sell the Property

Renee Mikkalson

Edina Realty, Inc. Listed on: 04/22/2024

Edina Realty, Inc.

Last Buyer's Agent

Karla Rose

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1989

HOA Fees

  • $712 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1487 Riverwest Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302924310083

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,050

Year Built

Built in 1989

Lot Details

0

HOA Fees

$712 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1095
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1095
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 712
  • Association: Yes

Association/Amenities

  • HOA Management Co: First service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 70741.44
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2302924310083
  • Tax Annual Amount: 4050
  • TaxWithAssessments: 4049.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 28, 2025
Sold by
Dahl Revocable Trust and Dahl Robert A
Bought by
Schuster Pallas and Ward Jeremy
Seller's Agent
Karla Rose
Edina Realty, Inc.
Buyer's Agent
Andy Asbury
eXp Realty
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Total Days on Market
16
Views
17
Current Estimated Value
$321,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228
Avg. Annual Appreciation
1.48%
Original Mortgage
$272,000
Outstanding Balance
$271,556
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$49,672

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 14, 2024
Sold by
Renee A Mikkalson Trust and Mikkalson Renee A
Bought by
Dahl Revocable Trust and Dahl
Seller's Agent
Renee Mikkalson
Edina Realty, Inc.
Buyer's Agent
Karla Rose
Edina Realty, Inc.
List Price
$330,000
Sold Price
$330,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.82%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Mikkalson Renee A
Bought by
Mikkalson Renee A and Renee A Mikkalson Trust

Purchase Details

Closed on
May 30, 2013
Sold by
Cook Michelle
Bought by
Mikkalson Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Turnstone River West Llc
Bought by
Cook Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $320,000 None Listed On Document
Deed $330,000 Watermark Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $231,970 Gibraltar Title Agency Llc
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 New Conventional
Previous Owner $173,000 New Conventional
Previous Owner $94,500 Credit Line Revolving
Previous Owner $215,100 New Conventional
Previous Owner $186,000 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $36,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $320,000 0.0% $292 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/30/2025 01/30/25 Off Market $320,000 -- --
01/24/2025 01/24/25 For Sale $325,000 -1.5% $297 / Sq Ft
05/17/2024 05/17/24 Sold $330,000 0.0% $301 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $330,000 -- $301 / Sq Ft
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 $4,050 $318,000 $26,000 $292,000
2022 $3,906 $305,000 $24,000 $281,000
2021 $3,773 $290,500 $21,000 $269,500
2020 $4,230 $290,500 $14,400 $276,100
2019 $4,174 $299,500 $9,600 $289,900
2018 $3,889 $288,000 $9,600 $278,400
2017 $3,989 $269,000 $9,600 $259,400
2016 $3,842 $254,000 $9,600 $244,400
2015 $3,729 $237,000 $9,600 $227,400
2014 -- $207,000 $9,600 $197,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6523315

NorthstarMLS

APN: 23-029-24-31-0083