NOT LISTED FOR SALE

408 N 1st St Unit 601 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $557,041 - $842,000

2 Beds
2 Baths
1,860 Sq Ft
$350/Sq Ft Est. Value

About This Home

Property Id: 1193203

1. Located at the high demanded downtown North Loop area
2. Only 1 block from Mississippi River
3. Upper floor South and East corner unit 2 bedroom w/ den
4. Walls of windows with expansive views and abundant nature light
5. With numerous designer level finishes
6. Two heated parking spaces
7. Shared exercise room
8. Heat, air conditioning, cable & internet are included

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2017
Sold by
Reali Kathryn M and Gemar Daryl M
Bought by
Jiang Dihua and Huang Ying
Current Estimated Value
$650,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2013
Sold by
Earnest Franklin and Earnest Sarah C
Bought by
German Daryl M and Reali Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2011
Sold by
Earnest Franklin and Earnest Sarah C
Bought by
Earnest Franklin and Earnest Sarah C

Purchase Details

Closed on
Dec 21, 2001
Sold by
Lindsay Ii Llc
Bought by
Earnest Franklin and Earnest Sarah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jiang Dihua $572,500 Arden Title Llc
German Daryl M $474,617 Edina Realty Title Inc
Earnest Franklin -- None Available
Earnest Franklin $475,854 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Dihua $300,000
Previous Owner German Daryl M $314,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Off Market $3,700 -- --
07/06/2025 07/06/25 For Rent $3,700 -- --

Tax History Compared to Growth

Source: Public Records

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
2024 $7,565 $507,000 $55,000 $452,000
2023 $7,038 $532,000 $40,000 $492,000
2022 $8,152 $532,000 $38,000 $494,000
2021 $7,758 $565,500 $36,000 $529,500
2020 $8,210 $565,500 $24,000 $541,500
2019 $8,454 $554,500 $16,000 $538,500
2018 $7,842 $554,500 $16,000 $538,500
2017 $7,044 $457,500 $16,000 $441,500
2016 $6,743 $424,000 $16,000 $408,000
2015 $6,579 $394,000 $16,000 $378,000
2014 -- $328,500 $16,000 $312,500
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

408 N 1st St Unit 601, Minneapolis, MN

Not Listed for Sale

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