401 S 1st St Unit 523 Minneapolis, MN 55401
Downtown West Neighborhood
2
Beds
2
Baths
1,358
Sq Ft
$850/mo
HOA Fee
Highlights
- City View
- Porch
- Living Room
- Elevator
- Patio
- 1-Story Property
About This Home
As of December 2024This home is located at 401 S 1st St Unit 523, Minneapolis, MN 55401 and is currently priced at $432,500, approximately $318 per square foot. This property was built in 1989. 401 S 1st St Unit 523 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,042
Year Built
- Built in 1989
HOA Fees
- $850 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,358 Sq Ft Home
- 1-Story Property
- Living Room
- City Views
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924310163
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities
- First Service Residential Association, Phone Number (952) 277-2700
- 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
Dec 23, 2024
Closed on
Dec 23, 2024
Sold by
Giese Lindsay M
Bought by
Burton Julie and Burton Michael
Seller's Agent
Paige Gibson
Coldwell Banker Realty
Buyer's Agent
Justin Frey
Keller Williams Realty Integrity Lakes
List Price
$425,000
Sold Price
$432,500
Premium/Discount to List
$7,500
1.76%
Views
1
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
$1,662
Avg. Annual Appreciation
-0.01%
Purchase Details
Closed on
Aug 15, 2019
Sold by
Sheehan Anthony L
Bought by
Giese Lindsay M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2012
Sold by
Hoey Joseph
Bought by
Sheehan Anthony L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2005
Sold by
Turnstone Riverwest Llc
Bought by
Hoey Joseph and Hoey Gail
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 | $432,500 | Watermark Title | |
| Warranty Deed | $420,000 | Burnet Title | |
| Warranty Deed | $295,000 | Burnet Title | |
| Warranty Deed | $316,315 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $280,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $432,500 | +1.8% | $318 / Sq Ft |
| 12/23/2024 12/23/24 | Pending | -- | -- | -- |
| 12/23/2024 12/23/24 | For Sale | $425,000 | -- | $313 / 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 | $5,042 | $385,000 | $32,000 | $353,000 |
| 2022 | $5,566 | $388,000 | $30,000 | $358,000 |
| 2021 | $5,372 | $402,500 | $26,000 | $376,500 |
| 2020 | $5,821 | $402,500 | $24,800 | $377,700 |
| 2019 | $5,771 | $402,500 | $12,400 | $390,100 |
| 2018 | $5,394 | $387,000 | $12,400 | $374,600 |
| 2017 | $5,122 | $337,000 | $12,400 | $324,600 |
| 2016 | $4,947 | $318,500 | $12,400 | $306,100 |
| 2015 | $4,808 | $297,000 | $12,400 | $284,600 |
| 2014 | -- | $259,500 | $12,400 | $247,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Paige Gibson
Coldwell Banker Burnet
(651) 788-0887
2 in this area
152 Total Sales
-
J
Buyer's Agent in 2024
Justin Frey
Keller Williams Realty Integrity Lakes
(612) 821-7400
1 in this area
18 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6622389
APN: 23-029-24-31-0163
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