NOT LISTED FOR SALE

408 N 1st St Unit G1 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $550,000 - $660,000

1 Bed
2 Baths
1,908 Sq Ft
$511/mo HOA Fee

Last Sold October 14, 2014

Last sale price $319,701 $168 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,429/month

137 Days on Market

Highlights

  • Heated Floors
  • 2 Car Attached Garage
  • High-Rise Condominium
  • Fireplace
  • Forced Air Heating and Cooling System
  • 3-minute walk to North Loop Playground

About This Home

As of October 2014

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITHOUT REPAIRS, WARRANTY OR SELLER DISCLOSURE & MAY BE a TIME LIMIT BID auction. Buyer should have representation, inspect home and verify all dimensions. Buyer pays web tech fee and buyer premium at closing.

Last Agent to Sell the Property

Ed DonFrancesco

REALHome Services Listed on: 04/18/2014

Last Buyer's Agent

Alex Eaton

EIG Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,149

Year Built

  • Built in 2001

Lot Details

  • 0.52

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,908 Sq Ft Home
  • Fireplace
  • Heated Floors

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash, water, air conditioning, heat
  • High-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 2202924140305

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,149

Year Built

Built in 2001

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: CC High Rise 4+ Level
  • Estimated Number of Acres: 0.52
  • Construction: Previously Owned
  • Foundation Size: 1908
  • Parcel Number: 2202924140305
  • Projected Closed Date: 11/10/2014
  • Street Designation: Street
  • Taxes With Assessments: 6149
  • Unit: 305
  • Special Features: Auction
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 17x15, On Level: Main
  • Room 4: Kitchen, 13x11, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Finished Above Grade Sq Ft: 1908
  • Total Fin Square Footage: 1908

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash, Water, Air Conditioning, Heat
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 511

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2013
  • Tax Value: 6149

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Schweiger Patrick Joseph
Bought by
Coons Nichole
Total Days on Market
137
Current Estimated Value
$601,320

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
$417,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,809

Purchase Details

Listed on
Apr 18, 2014
Closed on
Sep 23, 2014
Sold by
Minor Margarette Margarette
Bought by
Schweiger Patrick Patrick
Seller's Agent
Ed DonFrancesco
REALHome Services
Buyer's Agent
Alex Eaton
EIG Real Estate
List Price
$359,000
Sold Price
$319,701
Premium/Discount to List
-$39,299
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
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

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Range of Values:

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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
Previous Owner Minor Margarette A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $319,701 -37.3% $168 / Sq Ft
09/25/2014 09/25/14 Sold $510,000 +2.0% $268 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
09/02/2014 09/02/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $499,900 +39.2% $263 / Sq Ft
04/18/2014 04/18/14 For Sale $359,000 -7.7% $188 / Sq Ft
12/23/2013 12/23/13 Sold $389,000 -7.2% $202 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $419,000 +1.0% $218 / Sq Ft
08/16/2013 08/16/13 Sold $415,000 +4.8% $203 / Sq Ft
08/14/2013 08/14/13 Sold $396,000 -6.8% $208 / Sq Ft
08/06/2013 08/06/13 Sold $425,000 -2.7% $183 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/22/2013 07/22/13 Pending -- -- --
06/28/2013 06/28/13 Pending -- -- --
06/14/2013 06/14/13 Sold $437,000 -2.3% $211 / Sq Ft
06/13/2013 06/13/13 Sold $447,500 +5.3% $236 / Sq Ft
06/10/2013 06/10/13 For Sale $425,000 -9.6% $208 / Sq Ft
05/17/2013 05/17/13 For Sale $469,900 +17.5% $202 / Sq Ft
04/18/2013 04/18/13 For Sale $400,000 -8.3% $211 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
04/02/2013 04/02/13 Sold $436,000 -0.9% $210 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $440,000 -2.2% $212 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $450,000 +2.3% $237 / Sq Ft
11/21/2012 11/21/12 Sold $440,000 +35.0% $224 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/15/2012 10/15/12 Sold $326,000 -25.9% $187 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $439,990 -2.2% $224 / Sq Ft
09/07/2012 09/07/12 For Sale $449,900 +9.7% $217 / Sq Ft
07/27/2012 07/27/12 Sold $410,000 -5.7% $213 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $435,000 +19.2% $226 / Sq Ft
04/27/2012 04/27/12 Sold $365,000 -2.4% $191 / Sq Ft
03/29/2012 03/29/12 For Sale $374,000 -3.5% $215 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $387,500 -- $203 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
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

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Ed DonFrancesco

    REALHome Services

  • F

    Seller's Agent in 2014

    Fran Davis

    Coldwell Banker Burnet

  • B

    Seller Co-Listing Agent in 2014

    Barbara Davis

    Coldwell Banker Burnet

  • A

    Buyer's Agent in 2014

    Alex Eaton

    EIG Real Estate

  • N

    Buyer's Agent in 2014

    Nancy Walker

    Coldwell Banker Burnet

  • K

    Seller's Agent in 2013

    Kathleen Diffley

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4609191

REALTOR® Association of Southern Minnesota

APN: 22-029-24-14-0342

Minnesota Hennepin County Minneapolis 55401 North Loop

408 N 1st St Unit G1, Minneapolis, MN

This home is located at 408 N 1st St Unit G1, Minneapolis, MN 55401 since 18 April 2014 and is currently estimated at $601,320, approximately $315 per square foot. This property was built in 2001. 408 N 1st St Unit G1 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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