NOT LISTED FOR SALE

545 N 1st St Unit 404 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $372,000 - $429,000

2 Beds
2 Baths
1,352 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $409,000 $303 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,613/month

About This Home

As of July 2021

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!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 30, 2021
Sold by
Zillow Homes Property Trust
Bought by
Poss Mitchell
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
Nicole Pierce
Nicole L Pierce Realty
List Price
$414,100
Sold Price
$409,000
Premium/Discount to List
-$5,100
-1.23%
Current Estimated Value
$400,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,006
Avg. Annual Appreciation
-0.52%
Original Mortgage
$368,100
Outstanding Balance
$338,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$62,687

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jun 7, 2021
Sold by
Swift Kenneth and Swift Cristina
Bought by
Zillow Homes Property Trust
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
Nicole Pierce
Nicole L Pierce Realty
List Price
$414,100
Sold Price
$409,000
Premium/Discount to List
-$5,100
-1.23%

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
$338,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$62,687

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 26, 2019
Sold by
Pearson Michael C and Pearson Janelle Rose
Bought by
Swift Kenneth and Swift Cristina
Seller's Agent
Marissa Skaja
P.S. Real Estate, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$384,900
Sold Price
$363,500
Premium/Discount to List
-$21,400
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
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

Listed on
May 10, 2013
Closed on
Aug 5, 2013
Sold by
Grudnowski John and Grudnowski Ashton
Bought by
Pearson Michael C
Seller's Agent
Timothy Hyde
Coldwell Banker Realty
List Price
$269,900
Sold Price
$254,700
Premium/Discount to List
-$15,200
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
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

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
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 $230,000
Previous Owner Pearson Michael C $203,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Rented $2,800 0.0% --
09/21/2023 09/21/23 For Rent $2,800 0.0% --
07/30/2021 07/30/21 Sold $409,000 -1.2% $303 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $414,100 +13.9% $306 / Sq Ft
08/26/2019 08/26/19 Sold $363,500 0.0% $273 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/15/2019 07/15/19 Off Market $363,500 -- --
07/12/2019 07/12/19 Price Changed $379,900 -1.3% $286 / Sq Ft
07/12/2019 07/12/19 For Sale $384,900 +5.9% $289 / Sq Ft
07/03/2019 07/03/19 Off Market $363,500 -- --
06/27/2019 06/27/19 For Sale $384,900 +51.1% $289 / Sq Ft
08/08/2013 08/08/13 Sold $254,700 -5.6% $192 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $269,900 -- $203 / Sq Ft

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 $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

    Seller's Agent in 2023

    Courtney Douglass

    Reside

    (612) 532-7915

    1 in this area

    47 Total Sales

    Courtney Douglass
    Section Image
  • Kris Lindahl

    Seller's Agent in 2021

    Kris Lindahl

    Kris Lindahl Real Estate

    (763) 296-1368

    4 in this area

    5,723 Total Sales

    Kris Lindahl
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Shanna Wright

    Kris Lindahl Real Estate

    (763) 292-4455

    1 in this area

    993 Total Sales

    Shanna Wright
    Section Image
  • Nicole Pierce

    Buyer's Agent in 2021

    Nicole Pierce

    Nicole L Pierce Realty

    (651) 231-0613

    1 in this area

    16 Total Sales

    Nicole Pierce
    Section Image
  • Marissa Skaja

    Seller's Agent in 2019

    Marissa Skaja

    P.S. Real Estate, LLC

    (612) 387-1499

    11 in this area

    166 Total Sales

    Marissa Skaja
    Section Image
  • Erick Patterson

    Seller Co-Listing Agent in 2019

    Erick Patterson

    P.S. Real Estate, LLC

    (612) 220-7673

    26 in this area

    73 Total Sales

    Erick Patterson
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

545 N 1st St Unit 404, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 545 N 1st St Unit 404, Minneapolis, MN 55401 and is currently estimated at $400,994, approximately $296 per square foot. 545 N 1st St Unit 404 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.