Seller's Agent in 2021
Elisabeth Lucas
Coldwell Banker Burnet
(612) 327-5905
3 in this area
103 Total Sales
502 River St Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $1,369,000 - $1,893,000
3
Beds
4
Baths
4,431
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Beach View
- Vaulted Ceiling
- End Unit
- Deck
- Wood Flooring
- 2-minute walk to North Loop Playground
About This Home
As of February 2021Located along W River Pkwy in the North Loop of Downtown Minneapolis, this private neighborhood offers a
true sense of community, privacy, and quiet enjoyment within walking distance of award-winning
restaurants, cafes, shopping, parks, river pathways, light rail, sporting events, and more. This
remarkable home features river and skyline views, an open main living area with gas fireplace, three
bedrooms on one level, and master suite with a spa-like full bath and walk-in closet. Completely
renovated with thoughtful modern details for today's lifestyle. Enjoy a gourmet luxury kitchen featuring
modern stainless steel appliances, exhaust hood, custom cabinetry, and a large center island with
seating. Relax on the huge riverside deck which provides ample space for grilling, container gardening,
lounging, and outdoor entertaining. The second balcony offers skyline views. Spacious lower level with
wet bar, billiard area, storage, and natural daylight. Pristine heated garage w/storage.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $21,741
Year Built
- Built in 1999
Lot Details
- 6,534 Sq Ft Lot
- Property fronts a private road
- End Unit
- Partially Fenced Property
- Sprinkler System
HOA Fees
- $555 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Tuck Under Garage
- Garage Door Opener
Property Views
- Beach
- River
- Panoramic
- City
Home Design
- Pitched Roof
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Wet Bar
- Central Vacuum
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- French Doors
- Family Room
- Living Room with Fireplace
- Home Security System
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Filtration System
- Water Softener is Owned
Community Details
- Association fees include building exterior, hazard insurance, lawn care, outside maintenance, professional mgmt, sanitation, snow removal
- Gassen Association
- Sawmill Run 5Th Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202924110116
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2021
Sold by
Niehaus Jeanne Marie and Howe Michael Craig
Bought by
Boehnen David L and Boehnen Shari A
Total Days on Market
100
Current Estimated Value
Purchase Details
Listed on
Oct 2, 2020
Closed on
Feb 12, 2021
Sold by
Thompson Steven and Frey Ronald
Bought by
Rouse Susan A and Susan A Rouse Revocable Trust
Seller's Agent
Elisabeth Lucas
Coldwell Banker Realty
Buyer's Agent
Mary Jo Patterson
Coldwell Banker Realty
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Purchase Details
Listed on
Mar 18, 2013
Closed on
Jun 11, 2013
Sold by
Enrooth Keith V and Enrooth Linda A
Bought by
Frey Ronald Lee and Thompson Steven J
List Price
$999,900
Sold Price
$975,000
Premium/Discount to List
-$24,900
-2.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$675,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2001
Sold by
Landings Development Corp
Bought by
Enrooth Keith V and Enrooth Linda A
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 |
|---|---|---|---|
| Boehnen David L | $1,625,000 | Burnet Title | |
| Rouse Susan A | $825,000 | None Available | |
| Rouse Susan A | $825,000 | None Available | |
| Frey Ronald Lee | $946,323 | Burnet Title | |
| Enrooth Keith V | $692,000 | -- | |
| Landings Development Corp | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Frey Ronald Lee | $675,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $1,650,000 | -8.3% | $372 / Sq Ft |
| 01/10/2021 01/10/21 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $1,799,000 | +84.5% | $406 / Sq Ft |
| 06/10/2013 06/10/13 | Sold | $975,000 | -2.5% | $220 / Sq Ft |
| 04/30/2013 04/30/13 | Pending | -- | -- | -- |
| 03/18/2013 03/18/13 | For Sale | $999,900 | -- | $226 / 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 | $21,754 | $1,452,000 | $795,000 | $657,000 |
| 2022 | $23,102 | $1,452,000 | $716,000 | $736,000 |
| 2021 | $22,240 | $1,452,000 | $676,000 | $776,000 |
| 2020 | $21,741 | $1,452,000 | $318,200 | $1,133,800 |
| 2019 | $20,170 | $1,320,000 | $318,200 | $1,001,800 |
| 2018 | $18,908 | $1,200,000 | $318,200 | $881,800 |
| 2017 | $18,841 | $1,094,500 | $318,200 | $776,300 |
| 2016 | $17,852 | $1,012,000 | $318,200 | $693,800 |
| 2015 | $16,587 | $906,000 | $318,200 | $587,800 |
| 2014 | -- | $840,300 | $318,200 | $522,100 |
Source: Public Records
Agents Affiliated with this Home
-
Elisabeth Lucas
-
Mary Jo Patterson
Buyer's Agent in 2021
Mary Jo Patterson
Coldwell Banker Burnet
(952) 212-5107
1 in this area
55 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5666621
APN: 22-029-24-11-0116
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