Seller's Agent in 2022
Kary Marpe
Edina Realty, Inc.
(612) 325-8787
13 in this area
112 Total Sales
408 N 1st St Unit 708 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $567,115
2
Beds
2
Baths
1,890
Sq Ft
$626/mo
HOA Fee
Highlights
- City View
- Home Gym
- 1 Car Attached Garage
- Deck
- Elevator
- 3-minute walk to North Loop Playground
About This Home
As of April 2022North Loop Top floor unit with big skylights and sunset views! This 7th floor end unit only shares one wall and the master bedroom doesn't share a wall with ANYONE! Gas fireplace, fresh paint in 2021, new carpet 2021 in both master bedroom and 2nd bedroom, master bath with double vanity and jacuzzi tub and separate walk-in shower, closet organizers in all closets! Hardwood floors, a big gourmet kitchen, laundry room with storage, and that true loft feeling with floor to ceiling south-facing windows in the open great room! Great unit! Main space is 52x17 with flexible space for Living room, office, dining room, etc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,908
Year Built
- Built in 2001
Lot Details
- 0.52
HOA Fees
- $626 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,890 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Home Gym
- City Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
Additional Features
- Deck
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2202924140348
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential 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
Mar 22, 2022
Closed on
Apr 22, 2022
Sold by
Mckiver Karl J and Mckiver Daniel B
Bought by
Malkin Kenneth D and Lekang Bradley R
Seller's Agent
Kary Marpe
Edina Realty, Inc.
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Total Days on Market
0
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
$7,115
Avg. Annual Appreciation
0.42%
Original Mortgage
$280,000
Outstanding Balance
$267,968
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$299,147
Purchase Details
Listed on
Mar 15, 2016
Closed on
May 16, 2016
Sold by
Carlson Brian R and Rapinac Debra J
Bought by
Mckiver Karl J and Clausen Daniel B
Seller's Agent
Christopher Friend
Edina Realty, Inc.
List Price
$489,900
Sold Price
$489,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$417,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2014
Sold by
Nemoir Todd J and Maijala Davin E
Bought by
Carlson Brian R and Rapinac Debra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 5, 2013
Sold by
Welter Anthony D and Welter Rebecca H
Bought by
Nemoir Todd J and Maijala Davin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,700
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2003
Sold by
Lindsay Ii Llc
Bought by
Welter Anthony D
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 |
|---|---|---|---|
| Malkin Kenneth D | $560,000 | Edina Realty Title | |
| Mckiver Karl J | $489,900 | Edina Realty Title Inc | |
| Carlson Brian R | $440,000 | None Available | |
| Nemoir Todd J | $405,000 | Titlesmart Inc | |
| Welter Anthony D | $491,050 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malkin Kenneth D | $280,000 | |
| Previous Owner | Mckiver Karl J | $443,200 | |
| Previous Owner | Mckiver Karl J | $417,000 | |
| Previous Owner | Carlson Brian R | $176,000 | |
| Previous Owner | Nemoir Todd J | $384,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $560,000 | -2.6% | $296 / Sq Ft |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $575,000 | +17.4% | $304 / Sq Ft |
| 05/16/2016 05/16/16 | Sold | $489,900 | 0.0% | $259 / Sq Ft |
| 05/16/2016 05/16/16 | Pending | -- | -- | -- |
| 03/15/2016 03/15/16 | Off Market | $489,900 | -- | -- |
| 03/15/2016 03/15/16 | For Sale | $489,900 | +11.3% | $259 / Sq Ft |
| 12/12/2014 12/12/14 | Sold | $440,000 | -6.4% | $233 / Sq Ft |
| 10/03/2014 10/03/14 | Pending | -- | -- | -- |
| 08/21/2014 08/21/14 | For Sale | $469,900 | -- | $249 / 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 | $6,318 | $484,000 | $41,000 | $443,000 |
| 2022 | $7,296 | $484,000 | $39,000 | $445,000 |
| 2021 | $6,934 | $515,000 | $37,000 | $478,000 |
| 2020 | $7,513 | $515,000 | $24,300 | $490,700 |
| 2019 | $7,738 | $515,000 | $16,200 | $498,800 |
| 2018 | $7,234 | $515,000 | $16,200 | $498,800 |
| 2017 | $7,206 | $468,000 | $16,200 | $451,800 |
| 2016 | $6,902 | $434,000 | $16,200 | $417,800 |
| 2015 | $6,733 | $404,000 | $16,200 | $387,800 |
| 2014 | -- | $370,000 | $16,200 | $353,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kary Marpe
-
Fritz Kroll
Buyer's Agent in 2022
Fritz Kroll
Edina Realty, Inc.
(612) 347-8088
46 in this area
186 Total Sales
-
Christopher Friend
Seller's Agent in 2016
Christopher Friend
Edina Realty, Inc.
(612) 827-5847
14 in this area
188 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6143271
APN: 22-029-24-14-0348
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