Seller's Agent in 2025
Cory Rudnitski
RE/MAX Advantage Plus
(763) 443-2333
2 in this area
297 Total Sales
401 S 1st St Unit 708 Minneapolis, MN 55401
Downtown West Neighborhood
1
Bed
1
Bath
832
Sq Ft
$579/mo
HOA Fee
Highlights
- Sauna
- Community Pool
- 1 Car Attached Garage
- City View
- Elevator
- Patio
About This Home
As of May 2025Riverwest offers the very best of condo living in the heart of the Mill District just steps from the river and the Stone Arch Bridge. Enjoy nearly endless amenities making everyday life stress free. Hit up the gym, private dog park, car wash, sauna and hot tub without even leaving the property. Take a walk to Owammi, the James Beard award winning restaurant that has everyone talking, find a quaint coffee shop or grab groceries, it's all right here. Truly enjoy MN summer while you visit the pool and grill area. You can invite your favorite people, they'll appreciate the ample indoor guest parking and you'll love the 24/7 concierge service. Head up to the 7th floor and find this wonderful unit with beautiful hardwood floors, stone countertops, stainless appliances, updated smart fixtures and fantastic city view. You'll also have your own side by side washer and dryer, exceptional closet space and a private storage locker. This property has been virtually staged and digitally updated for your enjoyment. Welcome Home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,287
Year Built
- Built in 1989
HOA Fees
- $579 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Assigned Parking
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Sauna
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924310194
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, ground maintenance, parking, professional mgmt, trash, security, shared amenities, lawn care
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
- Car Wash Area
Recreation
- Community Pool
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
May 14, 2025
Sold by
Fortner Thomas L and Fortner Deborah M
Bought by
Thomas L Fortner Revocable Trust and Deborah M Fortner Revocable Trust
Seller's Agent
Cory Rudnitski
RE/MAX Advantage Plus
Buyer's Agent
Isaac Kuehn
DRG
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%
Views
23
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
$4,524
Avg. Annual Appreciation
2.76%
Original Mortgage
$234,650
Outstanding Balance
$234,027
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$15,543
Purchase Details
Listed on
Mar 28, 2025
Closed on
Apr 23, 2025
Sold by
Sjoberg Benjamin
Bought by
Becker Noah
Seller's Agent
Cory Rudnitski
RE/MAX Advantage Plus
Buyer's Agent
Isaac Kuehn
DRG
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,650
Outstanding Balance
$234,027
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$15,543
Purchase Details
Closed on
Apr 21, 2022
Sold by
Jeff E Mccormick Trust
Bought by
Sjoberg Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.11%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Warranty Deed | $247,000 | Legacy Title | |
| Deed | $257,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $234,650 | New Conventional | |
| Previous Owner | $206,000 | Balloon | |
| Previous Owner | $21,000 | Credit Line Revolving | |
| Previous Owner | $20,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $247,000 | -1.2% | $297 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $249,900 | -- | $300 / 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 | $3,317 | $264,000 | $20,000 | $244,000 |
| 2022 | $3,654 | $252,000 | $18,000 | $234,000 |
| 2021 | $3,527 | $262,500 | $16,000 | $246,500 |
| 2020 | $3,821 | $262,500 | $15,900 | $246,600 |
| 2019 | $3,786 | $262,500 | $8,300 | $254,200 |
| 2018 | $3,563 | $252,500 | $8,300 | $244,200 |
| 2017 | $3,374 | $218,000 | $8,300 | $209,700 |
| 2016 | $3,276 | $206,000 | $8,300 | $197,700 |
| 2015 | $3,206 | $192,000 | $8,300 | $183,700 |
| 2014 | -- | $168,000 | $8,300 | $159,700 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Rudnitski
-
Jessica Rudnitski
Seller Co-Listing Agent in 2025
Jessica Rudnitski
RE/MAX Advantage Plus
(763) 251-9525
3 in this area
322 Total Sales
-
Isaac Kuehn
Buyer's Agent in 2025
Isaac Kuehn
DRG
(651) 238-1277
34 in this area
278 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6693077
APN: 23-029-24-31-0194
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