Seller's Agent in 2025
Isaac Kuehn
DRG
(651) 238-1277
34 in this area
278 Total Sales
401 S 1st St Unit 922 Minneapolis, MN 55401
Downtown West Neighborhood
2
Beds
2
Baths
1,264
Sq Ft
$849/mo
HOA Fee
Highlights
- Sauna
- Living Room
- Forced Air Heating and Cooling System
- Patio
- 1-Story Property
- Secure Parking
About This Home
As of July 2025Updated 2-bedroom, 2-bath Riverwest condo with two dedicated parking spots and expansive views of the Mississippi River. Condo features updated flooring, granite countertops, stainless steel appliances, and a full-size washer and dryer. The open-concept layout offers a split-bedroom design, generous closet space, and modern finishes throughout. Riverwest residents enjoy an exceptional amenity package, including a riverside pool and sundeck with grills and an outdoor fireplace, a well-equipped fitness center, sauna, whirlpool, and a stylish club room complete with kitchen and billiards table. There’s also a dedicated pet relief area, 24-hour front desk service, car wash bay, and heated indoor guest parking. All of this just steps from downtown Minneapolis, with the Stone Arch Bridge, US Bank Stadium, theaters, dining, shopping, light rail, and miles of scenic trails just blocks away.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,414
Year Built
- Built in 1989
HOA Fees
- $849 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,264 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, maintenance structure, cable TV, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
- Car Wash Area
Listing and Financial Details
- Assessor Parcel Number 2302924310254
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2025
Closed on
Jul 31, 2025
Sold by
Riverwest Msp Llc
Bought by
Bye Christopher Garry
Seller's Agent
Isaac Kuehn
DRG
Buyer's Agent
Joe Grunnet
DRG
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.23%
Original Mortgage
$225,000
Outstanding Balance
$223,684
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$220,116
Purchase Details
Closed on
Feb 28, 2020
Sold by
Sanford Lipsky Revocable Intervivos Trus and Sanford Lipsky Revocable
Bought by
Riverwest Msp Llc
Purchase Details
Closed on
Apr 20, 2016
Sold by
Lipsky Sanford
Bought by
Lipsky Sanford and Sanford Lipsky Revocable Intervivos
Purchase Details
Closed on
Nov 8, 2013
Sold by
Meyer Janet M
Bought by
Lipsky Sanford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.24%
Mortgage Type
New Conventional
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 | $435,000 | Titlenexus | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $340,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional | |
| Previous Owner | $272,000 | New Conventional | |
| Previous Owner | $221,263 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $425,000 | -5.5% | $336 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $449,900 | 0.0% | $356 / Sq Ft |
| 08/14/2024 08/14/24 | Rented | $2,595 | 0.0% | -- |
| 06/06/2024 06/06/24 | For Rent | $2,595 | -- | -- |
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 | $5,025 | $385,000 | $30,000 | $355,000 |
| 2022 | $5,684 | $371,000 | $28,000 | $343,000 |
| 2021 | $5,481 | $408,500 | $24,000 | $384,500 |
| 2020 | $5,938 | $408,500 | $23,000 | $385,500 |
| 2019 | $5,867 | $408,500 | $11,500 | $397,000 |
| 2018 | $5,490 | $393,000 | $11,500 | $381,500 |
| 2017 | $5,014 | $330,500 | $11,500 | $319,000 |
| 2016 | $4,836 | $312,000 | $11,500 | $300,500 |
| 2015 | $4,701 | $291,000 | $11,500 | $279,500 |
| 2014 | -- | $254,500 | $11,500 | $243,000 |
Source: Public Records
Agents Affiliated with this Home
-
Isaac Kuehn
-
Patrick Carson
P
Seller Co-Listing Agent in 2025
Patrick Carson
DRG
(612) 254-0149
29 in this area
187 Total Sales
-
Joe Grunnet
Buyer's Agent in 2025
Joe Grunnet
DRG
(612) 244-6613
4 in this area
55 Total Sales
-
Tim Carson
Seller's Agent in 2024
Tim Carson
DRG
(612) 978-7385
1 Total Sale
Map
Source: NorthstarMLS
MLS Number: 6728199
APN: 23-029-24-31-0254
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