500 N 2nd St Unit 401 Minneapolis, MN 55401
North Loop Neighborhood
2
Beds
2
Baths
1,062
Sq Ft
$735/mo
HOA Fee
Highlights
- Community Garden
- Patio
- 1-Story Property
- Elevator
- Guest Parking
- Forced Air Heating and Cooling System
About This Home
As of July 2025Bright and sunny updated 2-bed, 2-bath condo in the heart of the North Loop. Nestled in one of Minneapolis’ most sought-after neighborhoods, this home is perfect for those who crave vibrant city living without compromising on comfort. Hardwood floors run through the open-concept living space. Kitchen features stainless steel appliances, deep sink, and great afternoon sunlight. Updated light fixtures, ceiling fan, and window coverings add a stylish touch. Spacious bedrooms with ample closet space and in-unit laundry for convenience. The outdoor patio space is great for relaxing and has a perfect view of Target Field Station down 5th.
New water heater in 2023 and furnace inspected in 2025. Located in the River Station Condos with secure access, dedicated parking, and close to trails, parks, restaurants, and nightlife. Enjoy vibrant city living with character and comfort just steps from your door. Don’t miss your chance to own a slice of North Loop charm—schedule your showing today!
Last Agent to Sell the Property
National Realty Guild Brokerage Phone: 612-321-1899 Listed on: 04/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,878
Year Built
- Built in 2003
HOA Fees
- $735 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Guest Parking
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,062 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2202924130301
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, security, sewer, shared amenities
- River Station Condominium Association, Phone Number (612) 338-7100
- High-Rise Condominium
- Riverstation Subdivision
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2023
Sold by
James A Nystrom Family Trust
Bought by
Arends Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$266,231
Interest Rate
6.96%
Estimated Equity
$85,794
Purchase Details
Closed on
Jan 17, 2023
Sold by
James A Nystrom Trust
Bought by
James A Nystrom Family Trust
Purchase Details
Closed on
Mar 17, 2003
Sold by
Heritage Renovations Llc
Bought by
Nystrom James A and Nystrom Gail M
Similar Homes in Minneapolis, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | Titlesmart | |
| Deed | $85,000 | None Listed On Document | |
| Warranty Deed | $170,000 | Burnet Title | |
| Deed | $485 | -- | |
| Warranty Deed | $268,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $272,000 | No Value Available | |
| Closed | $272,000 | New Conventional | |
| Previous Owner | $115,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $292,000 | -2.6% | $275 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $299,900 | -- | $282 / 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 | $4,388 | $342,000 | $108,000 | $234,000 |
| 2022 | $4,601 | $332,000 | $99,000 | $233,000 |
| 2021 | $4,354 | $332,000 | $87,000 | $245,000 |
| 2020 | $4,718 | $325,500 | $60,200 | $265,300 |
| 2019 | $4,539 | $325,500 | $30,100 | $295,400 |
| 2018 | $4,267 | $304,000 | $30,100 | $273,900 |
| 2017 | $4,165 | $270,500 | $30,100 | $240,400 |
| 2016 | $3,992 | $251,000 | $30,100 | $220,900 |
| 2015 | $3,732 | $223,500 | $30,100 | $193,400 |
| 2014 | -- | $192,500 | $30,100 | $162,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Donald Giroux
National Realty Guild
(612) 321-1899
1 in this area
49 Total Sales
-
Seller Co-Listing Agent in 2025
Braden Shannon
National Realty Guild
(612) 900-5714
1 in this area
70 Total Sales
-
Buyer's Agent in 2025
Robert McEachren
Coldwell Banker Burnet
(760) 559-8113
1 in this area
74 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6704808
APN: 22-029-24-13-0302
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