NOT LISTED FOR SALE

545 N 1st St Unit 404 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $368,169 - $424,000

2 Beds
1.5 Baths
1,352 Sq Ft
7.25 Acres

Highlights

  • 24-Hour Guard
  • No HOA
  • Subterranean Parking
  • City View
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of October 2023

Embrace the epitome of North Loop living with this stunning 2-level condo in the highly sought-after
River Station! Featuring 2 bedrooms and 2 bathrooms, this impeccably maintained unit offers an abundance
of natural light, an updated kitchen with modern appliances, and a location that's nothing short of
perfect. Just a short stroll away from the serene riverfront, as well as the North Loop's exceptional
dining and nightlife scene, this condo epitomizes convenience and contemporary urban luxury. Plus, it
boasts the added bonuses of an underground parking space and a private balcony, ensuring both security
and outdoor relaxation. Seize the opportunity to call this coveted address home and experience all that
the North Loop has to offer right at your doorstep!

Last Agent to Rent the Property

Courtney Douglass

Reside Listed on: 09/21/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,501

Year Built

  • Built in 2002

Lot Details

  • 7.25

Parking

  • Subterranean Parking
  • Heated Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/1/23
  • Tenant pays for gas
  • The owner pays for cable TV, trash collection
  • Assessor Parcel Number 2202924130277

Community Details

Overview

  • No Home Owners Association
  • Association fees include maintenance structure, cable TV, internet, ground maintenance, professional mgmt, trash, water
  • High-Rise Condominium
  • Cic 0847 River Station Condo Subdivision

Additional Features

  • Lobby
  • 24-Hour Guard

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,501

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2023-11-01
  • Lease Price: 2800.0000
  • ApplicationFee: 0.0000
  • SecurityDeposit: 2800.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Elevator(s), Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1352
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1352
  • Fireplace: No
  • Owner Pays: Cable TV, Trash Collection
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Kitchen, Living Room, Bedroom 2
  • SqFtTotal: 1352.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • Neighborhood: North Loop
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Paved, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Internet, Maintenance Grounds, Professional Mgmt, Trash, Water
  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),City View,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2202924130277

Multi Family

  • TenantPays: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Zillow Homes Property Trust
Bought by
Poss Mitchell
Current Estimated Value
$393,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Outstanding Balance
$334,717
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$59,075

Purchase Details

Closed on
Jun 7, 2021
Sold by
Swift Kenneth and Swift Cristina
Bought by
Zillow Homes Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Outstanding Balance
$334,717
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$59,075

Purchase Details

Closed on
Aug 26, 2019
Sold by
Pearson Michael C and Pearson Janelle Rose
Bought by
Swift Kenneth and Swift Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,625
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2016
Sold by
Pearson Michael C and Pearson Janelle Rose
Bought by
Pearson Michael C and Pearson Janelle Rose

Purchase Details

Closed on
Aug 5, 2013
Sold by
Grudnowski John and Grudnowski Ashton
Bought by
Pearson Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,750
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Heritage Renovations Llc
Bought by
Grudnowski John
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Poss Mitchell $409,000 Zillow Closing Svcs Tx Llc
Zillow Homes Property Trust $392,800 None Available
Swift Kenneth $363,500 Titlenexus Llc
Pearson Michael C -- Titlenexus Llc
Pearson Michael C $254,700 Titlenexus Llc
Grudnowski John $289,396 --
-- $392,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poss Mitchell $368,100
Previous Owner Swift Kenneth $272,625
Previous Owner Pearson Michael C $203,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Rented $2,800 0.0% --
09/21/2023 09/21/23 For Rent $2,800 -- --
Source: NorthstarMLS

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
2024 $5,501 $381,000 $119,000 $262,000
2023 $4,684 $363,000 $119,000 $244,000
2022 $4,808 $352,000 $109,000 $243,000
2021 $4,549 $352,000 $95,000 $257,000
2020 $4,930 $345,500 $66,400 $279,100
2019 $4,717 $345,500 $33,200 $312,300
2018 $4,403 $323,000 $33,200 $289,800
2017 $4,291 $288,500 $33,200 $255,300
2016 $4,073 $267,500 $33,200 $234,300
2015 $3,755 $238,500 $33,200 $205,300
2014 -- $205,500 $33,200 $172,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2023

    Courtney Douglass

    Reside

    (612) 532-7915

    2 in this area

    62 Total Sales

    Courtney Douglass
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6411901

NorthstarMLS

APN: 22-029-24-13-0277

Minnesota Hennepin County Minneapolis 55401 North Loop

545 N 1st St Unit 404, Minneapolis, MN

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.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes