401 S 1st St Unit 403 Minneapolis, MN 55401
Downtown West Neighborhood
1
Bed
1
Bath
755
Sq Ft
$531/mo
HOA Fee
Highlights
- Sauna
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- River View
- Elevator
- Breakfast Bar
About This Home
As of April 2025Welcome to your urban retreat nestled in the Mill District. This sophisticated Riverwest condo showcases an open floor plan, featuring granite countertops, stainless steel appliances, and a private outdoor patio. Modern conveniences include an in-unit washer/dryer, generous closet space, dedicated parking, and a separate storage unit. Riverwest's premier amenities include an outdoor pool, indoor sauna and hot tub, fitness center, and dog park. A 24-hour concierge, indoor guest parking, and dedicated package room ensure a seamless living experience. Residents enjoyaccess to a grilling promenade, car wash station, and two party rooms for entertaining. This coveted location puts the best of Minneapolis at your doorstep. Start your weekend at the Mill City Farmers Market, enjoy convenient shopping at Trader Joe's and Whole Foods, or explore the city'sfinest restaurants and theaters. Just steps from Gold Medal Park, the Mississippi Riverfront trails, and U.S. Bank Stadium, this home perfectly combines urban convenience with riverfront tranquility.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,878
Year Built
- Built in 1989
HOA Fees
- $531 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Guest Parking
- Assigned Parking
Property Views
- River
- City
Interior Spaces
- 755 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2302924310120
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 922-2700
- High-Rise Condominium
- Riverwest Condominiums Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Apr 9, 2025
Sold by
Vranek Daniel C and Vranek Melissa
Bought by
Murai Takehiro
Seller's Agent
Molly Cardinal
Compass
Buyer's Agent
Steven Olson
eXp Realty
List Price
$260,000
Sold Price
$251,500
Premium/Discount to List
-$8,500
-3.27%
Total Days on Market
62
Views
33
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
-$1,507
Avg. Annual Appreciation
-2.17%
Original Mortgage
$238,925
Outstanding Balance
$238,714
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$11,027
Purchase Details
Closed on
Jul 21, 2014
Sold by
Schmidt Lisa Lisa
Bought by
Vranek Daniel Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
4.13%
Purchase Details
Closed on
May 11, 2012
Sold by
Madel Matthew R
Bought by
Schmidt Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,105
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2008
Sold by
Fox Brenda
Bought by
Madel Matthew R
Purchase Details
Closed on
Feb 28, 2005
Sold by
Turnstone River West Llc
Bought by
Westlund Kan and Fox Michael E
Similar Homes in Minneapolis, MN
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 | $251,500 | Watermark Title | |
| Deed | $181,000 | -- | |
| Warranty Deed | $155,900 | Burnet Title | |
| Warranty Deed | $174,000 | -- | |
| Warranty Deed | $162,545 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $238,925 | New Conventional | |
| Previous Owner | $168,000 | No Value Available | |
| Previous Owner | $143,150 | New Conventional | |
| Previous Owner | $144,800 | No Value Available | |
| Previous Owner | $148,105 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $251,500 | +0.6% | $333 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | Price Changed | $249,900 | -3.9% | $331 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $260,000 | -- | $344 / 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 | $2,905 | $235,000 | $18,000 | $217,000 |
| 2022 | $2,726 | $224,000 | $17,000 | $207,000 |
| 2021 | $2,635 | $213,000 | $14,400 | $198,600 |
| 2020 | $2,857 | $213,000 | $14,400 | $198,600 |
| 2019 | $2,818 | $213,000 | $7,600 | $205,400 |
| 2018 | $2,612 | $205,000 | $7,600 | $197,400 |
| 2017 | $2,902 | $196,000 | $7,600 | $188,400 |
| 2016 | $2,669 | $185,500 | $7,600 | $177,900 |
| 2015 | $2,577 | $173,000 | $7,600 | $165,400 |
| 2014 | -- | $151,000 | $7,600 | $143,400 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Molly Cardinal
Compass
-
S
Buyer's Agent in 2025
Steven Olson
eXp Realty
Map
Source: NorthstarMLS
MLS Number: 6649482
APN: 23-029-24-31-0120
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