408 N 1st St Unit 707 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $552,000 - $723,000
            
                1
                Bed
            
            
            
                2
                Baths
            
            
            
                2,042
                Sq Ft
            
            
                
                    $314/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 408 N 1st St Unit 707, Minneapolis, MN 55401 and is currently estimated at $640,194, approximately $313 per square foot. 408 N 1st St Unit 707 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
            
            
                Jan 10, 2022
            
        
                Sold by
            
            
                Lukens Greg S
            
        
                Bought by
            
            
                Fleming Christine Carmela
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $446,250
            
        
                Outstanding Balance
            
            
                $410,102
            
        
                Interest Rate
            
            
                3.05%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $230,092
            
        Purchase Details
                Closed on
            
            
                Sep 5, 2018
            
        
                Sold by
            
            
                Schultz Christopher and Schultz Lauren
            
        
                Bought by
            
            
                Lukens Greg S
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $450,000
            
        
                Interest Rate
            
            
                4.5%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Jul 26, 2013
            
        
                Sold by
            
            
                Bank Of America Na
            
        
                Bought by
            
            
                Schulz Christopher
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $311,250
            
        
                Interest Rate
            
            
                2.62%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        Purchase Details
                Closed on
            
            
                Oct 26, 2012
            
        
                Sold by
            
            
                Michael P Leehy
            
        
                Bought by
            
            
                Bank Of America Na
            
        Purchase Details
                Closed on
            
            
                Oct 4, 2002
            
        
                Sold by
            
            
                Linday Ii Llc
            
        
                Bought by
            
            
                Leehy Michael P
            
        
            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 | 
|---|---|---|---|
| Fleming Christine Carmela | $595,000 | Network Title Inc | |
| Lukens Greg S | $630,000 | None Available | |
| Schulz Christopher | $415,000 | Burnet Title | |
| Bank Of America Na | $415,890 | -- | |
| Bank Of America Na | $415,890 | None Available | |
| Leehy Michael P | $572,872 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Fleming Christine Carmela | $446,250 | |
| Previous Owner | Lukens Greg S | $450,000 | |
| Previous Owner | Schulz Christopher | $311,250 | 
                Source: Public Records
            
        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 | 
|---|---|---|---|---|
| 2024 | $8,348 | $550,000 | $55,000 | $495,000 | 
| 2023 | $6,942 | $526,000 | $44,000 | $482,000 | 
| 2022 | $7,949 | $526,000 | $42,000 | $484,000 | 
| 2021 | $7,668 | $560,000 | $40,000 | $520,000 | 
| 2020 | $8,114 | $560,000 | $26,400 | $533,600 | 
| 2019 | $8,355 | $549,000 | $17,600 | $531,400 | 
| 2018 | $7,751 | $549,000 | $17,600 | $531,400 | 
| 2017 | $6,990 | $454,000 | $17,600 | $436,400 | 
| 2016 | $6,552 | $412,000 | $17,600 | $394,400 | 
| 2015 | $6,545 | $392,000 | $17,600 | $374,400 | 
| 2014 | -- | $395,500 | $17,600 | $377,900 | 
                Source: Public Records
                    
            
        Map
Nearby Homes
        - 400 N 1st St Unit 507
 - 400 N 1st St Unit 502
 - 400 N 1st St Unit 611
 - 545 N 1st St Unit 125
 - 545 N 1st St Unit 411
 - 111 4th Ave N Unit 602
 - 111 4th Ave N Unit 601
 - 111 4th Ave N Unit 509
 - 560 N 2nd St Unit 410
 - 560 N 2nd St Unit 114
 - 517 River St
 - 580 N 2nd St Unit 120
 - 401 N 2nd St Unit 401
 - 401 N 2nd St Unit 5207
 - 401 N 2nd St Unit 317
 - 401 N 2nd St Unit 623
 - 401 N 2nd St Unit 208
 - 645 N 1st St Unit 109
 - 645 N 1st St Unit 141
 - 404 Washington Ave N Unit 402
 
- 408 N 1st St Unit 706
 - 408 N 1st St Unit 710
 - 408 N 1st St Unit 709
 - 408 N 1st St Unit 708
 - 408 N 1st St Unit 705
 - 408 N 1st St Unit 704
 - 408 N 1st St Unit 703
 - 408 N 1st St Unit 702
 - 408 N 1st St Unit 701
 - 408 N 1st St Unit 610
 - 408 N 1st St Unit 609
 - 408 N 1st St Unit 608
 - 408 N 1st St Unit 607
 - 408 N 1st St Unit 606
 - 408 N 1st St Unit 605
 - 408 N 1st St Unit 604
 - 408 N 1st St Unit 603
 - 408 N 1st St Unit 602
 - 408 N 1st St Unit 601
 - 408 N 1st St Unit 510