NOT LISTED FOR SALE

408 N 1st St Unit 702 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $534,000 - $704,000

2 Beds
2 Baths
1,900 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 408 N 1st St Unit 702, Minneapolis, MN 55401 and is currently estimated at $603,377, approximately $317 per square foot. 408 N 1st St Unit 702 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Schweiger Patrick Joseph
Bought by
Coons Nichole
Current Estimated Value
$603,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Outstanding Balance
$413,075
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,302

Purchase Details

Closed on
Sep 23, 2014
Sold by
Minor Margarette Margarette
Bought by
Schweiger Patrick Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.23%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Aalfs Kelly Juliana B and Kelly Kevin M
Bought by
Minor Margarette A

Purchase Details

Closed on
Dec 20, 2001
Sold by
Lindsay Ii Llc
Bought by
Aalfs Juliana B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Coons Nichole $565,000 Executive Title Services
Schweiger Patrick Patrick $510,000 --
Minor Margarette A $485,000 --
Aalfs Juliana B $431,647 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coons Nichole $452,000
Previous Owner Schweiger Patrick Patrick $510,000
Source: Public Records

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 $7,407 $498,000 $55,000 $443,000
2023 $6,703 $511,000 $41,000 $470,000
2022 $7,669 $511,000 $39,000 $472,000
2021 $7,399 $543,500 $37,200 $506,300
2020 $7,831 $543,500 $37,200 $506,300
2019 $8,064 $533,000 $28,900 $504,100
2018 $7,485 $533,000 $28,900 $504,100
2017 $7,237 $470,000 $16,400 $453,600
2016 $6,934 $436,000 $16,400 $419,600
2015 $6,771 $405,500 $16,400 $389,100
2014 -- $371,500 $16,400 $355,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

408 N 1st St Unit 702, Minneapolis, MN

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