Seller's Agent in 2021
David Abele
Lakes Sotheby's International Realty
(612) 281-2022
3 in this area
45 Total Sales
408 N 1st St Unit 501 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $575,370 - $806,000
3
Beds
2
Baths
1,860
Sq Ft
$705/mo
HOA Fee
Highlights
- Deck
- Elevator
- 2 Car Attached Garage
- Home Gym
- The kitchen features windows
- 3-minute walk to North Loop Playground
About This Home
As of May 2021Light and bright corner unit. Gourmet kit w/top of the line appliances. Hardwood floors, brick surround fireplace, custom closets & cabinets. 3rd BR currently used as office. Premier condo building in the heart of the North Loop Neighborhood. Blocks from the Mississippi, shops, restaurants and more!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,104
Year Built
- Built in 2001
Lot Details
- 0.52
HOA Fees
- $705 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Tar and Gravel Roof
Interior Spaces
- 1,860 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Gym
Kitchen
- Built-In Oven
- Indoor Grill
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2202924140321
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, ground maintenance, professional mgmt, trash, shared amenities, lawn care, water
- First Service Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Lindsay Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2021
Closed on
May 7, 2021
Sold by
Stum Properties Llc
Bought by
Finke Anna
Seller's Agent
David Abele
Lakes Sotheby's International Realty
Buyer's Agent
Mike Seebinger
DRG
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Total Days on Market
65
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
$96,093
Avg. Annual Appreciation
4.09%
Original Mortgage
$504,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2011
Sold by
Sturm John A
Bought by
Sturm Properties Llc
Purchase Details
Closed on
Jun 11, 2004
Sold by
Kroll Richmond
Bought by
Sturm John A
Purchase Details
Closed on
Dec 20, 2001
Sold by
Lindsay Ii Llc
Bought by
Kroll Richmond H
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Finke Anna | $500,000 | Titlenexus Llc | |
| Sturm Properties Llc | -- | None Available | |
| Sturm John A | $530,000 | -- | |
| Kroll Richmond H | $477,819 | -- | |
| Finke Anna Anna | $560,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Finke Anna | $504,000 | |
| Closed | Finke Anna Anna | $560,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $560,000 | -3.3% | $301 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 03/13/2021 03/13/21 | Price Changed | $578,900 | -1.7% | $311 / Sq Ft |
| 02/03/2021 02/03/21 | For Sale | $589,000 | -- | $317 / 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 | $6,942 | $526,000 | $40,000 | $486,000 |
| 2022 | $7,941 | $526,000 | $38,000 | $488,000 |
| 2021 | $7,660 | $559,500 | $36,000 | $523,500 |
| 2020 | $8,104 | $559,500 | $24,000 | $535,500 |
| 2019 | $8,345 | $548,500 | $16,000 | $532,500 |
| 2018 | $7,741 | $548,500 | $16,000 | $532,500 |
| 2017 | $6,967 | $452,500 | $16,000 | $436,500 |
| 2016 | $6,672 | $419,500 | $16,000 | $403,500 |
| 2015 | $6,520 | $390,500 | $16,000 | $374,500 |
| 2014 | -- | $325,500 | $16,000 | $309,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Abele
-
Mike Seebinger
Buyer's Agent in 2021
Mike Seebinger
DRG
(612) 807-4958
33 in this area
280 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 5707761
APN: 22-029-24-14-0321
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