Seller's Agent in 2025
Han Zhong
Keller Williams Classic Realty
(612) 666-5222
1 in this area
180 Total Sales
401 S 1st St Unit 414 Minneapolis, MN 55401
Downtown West Neighborhood
2
Beds
1
Bath
1,095
Sq Ft
$743/mo
HOA Fee
Highlights
- Elevator
- 1-Story Property
- High-Rise Condominium
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of August 2025Modern Comfort Meets Historic Charm in the Heart of the Mill District
Welcome to your freshly remodeled oasis in the vibrant, walkable Mill District! This beautifully updated two-bedroom condo offers the perfect blend of modern living and historic character — ideal for city lovers who value both style and convenience.
Step into an expansive, open-concept living space filled with natural light and clean, contemporary finishes. Recent renovations include elegant new hardwood flooring throughout the main living areas and second bedroom/den, plush new carpeting in the primary bedroom, and a full repaint of all walls and ceilings for a fresh, modern look. The unit features updated appliances — washer, dishwasher, microwave, and garbage disposal — making this home move-in ready.
Relax on your private balcony or retreat to the spacious primary bedroom. Enjoy the convenience of in-unit laundry, a dedicated parking space just steps from the elevator, and a secure private storage unit.
Life here comes with premium amenities: a fully equipped fitness center, outdoor pool, indoor sauna and hot tub, and two stylish community rooms. The $743 monthly HOA fee covers high-speed internet, cable TV, heating, air conditioning, trash service, 24/7 front desk staff, after-hours security, controlled building access, professional management, snow removal, and lawn care.
Outside your door, the best of Minneapolis awaits. You're within walking distance of Trader Joe’s, Whole Foods, Lunds & Byerlys, coffee shops, bars, restaurants, theaters, bookstores, libraries, farmers markets, and countless seasonal events. Enjoy scenic walks along the Mississippi River right in front of the building, and take in spectacular fireworks during Independence Day and the Minneapolis Aquatennial — all without ever needing to worry about parking.
This is city living at its finest. Come see it for yourself — schedule your tour today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,528
Year Built
- Built in 1989
HOA Fees
- $743 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,095 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924310131
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Aug 4, 2025
Sold by
Lin Hao
Bought by
Kunkel Sarah
Seller's Agent
Han Zhong
Keller Williams Classic Realty
Buyer's Agent
Dawn Swenson
Good Move Realty
List Price
$325,000
Sold Price
$322,000
Premium/Discount to List
-$3,000
-0.92%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.64%
Original Mortgage
$305,900
Outstanding Balance
$305,900
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$14,270
Purchase Details
Closed on
Oct 2, 2019
Sold by
Mitra Soma
Bought by
Lin Hao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2006
Sold by
Turnstone Riverwest Llc
Bought by
Mitra Soma
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 | $322,000 | Watermark Title | |
| Warranty Deed | $275,000 | Titlenexus Llc | |
| Warranty Deed | $268,160 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,900 | New Conventional | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $197,133 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $322,000 | -0.9% | $294 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $325,000 | 0.0% | $297 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 05/11/2025 05/11/25 | For Sale | $325,000 | +0.9% | $297 / Sq Ft |
| 05/02/2025 05/02/25 | Off Market | $322,000 | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $325,000 | -- | $297 / 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 | $3,528 | $281,000 | $26,000 | $255,000 |
| 2022 | $4,209 | $281,000 | $24,000 | $257,000 |
| 2021 | $4,064 | $312,000 | $21,000 | $291,000 |
| 2020 | $4,405 | $312,000 | $19,200 | $292,800 |
| 2019 | $4,499 | $312,000 | $9,600 | $302,400 |
| 2018 | $4,235 | $300,000 | $9,600 | $290,400 |
| 2017 | $4,248 | $274,500 | $9,600 | $264,900 |
| 2016 | $4,119 | $259,000 | $9,600 | $249,400 |
| 2015 | $4,041 | $242,000 | $9,600 | $232,400 |
| 2014 | -- | $211,500 | $9,600 | $201,900 |
Source: Public Records
Agents Affiliated with this Home
-
Han Zhong
-
Dawn Swenson
D
Buyer's Agent in 2025
Dawn Swenson
Good Move Realty
(612) 824-2272
1 in this area
8 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6713245
APN: 23-029-24-31-0131
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