Seller's Agent in 2021
Aleksa Montpetit
DRG
(651) 210-4213
46 in this area
175 Total Sales
575 N 1st St Unit 107 Minneapolis, MN 55401
North Loop NeighborhoodEstimated Value: $415,000 - $453,000
2
Beds
1.5
Baths
1,360
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- 7.25 Acre Lot
- Subterranean Parking
- Forced Air Heating and Cooling System
- 1 Fireplace
- Patio
- Heated Garage
About This Home
As of February 2021“Must See” completely renovated, corner townhome-style condo facing serene 1st Street in the North Loop. Over 70k of updates include: spa-like bathroom with oversized concrete sink, LED mirror, and walk in shower, Corian kitchen countertops, electronic shades in bedrooms, wood look tile on main floor and new carpet upstairs. 2nd bedroom has murphy bed with desk - perfect for a home office. Gated walk-up exterior entrance features generous 19x10 private patio for outdoor gatherings and easy street access for a dog. Additional unit features include a large master bedroom with walk-in custom closet, gas fireplace, in-unit laundry, and plenty of natural light with windows on two sides. Includes 2 separate (not tandem) UG parking stalls and 2 spacious storage units. Just blocks away from restaurants, shops, groceries, light rail, sporting events, and many trails along the Mississippi River.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,173
Year Built
- Built in 2001
Lot Details
- 7.25
HOA Fees
- $603 Monthly HOA Fees
Parking
- 2 Car Garage
- Subterranean Parking
- Heated Garage
Home Design
- Property Attached
- Stone Siding
Interior Spaces
- 1,360 Sq Ft Home
- 2-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
Additional Features
- Patio
- 7.25 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- Association fees include air conditioning, building exterior, hazard insurance, heating, lawn care, outside maintenance, professional mgmt, sanitation, security system, shared amenities, snow removal, water/sewer
- First Service Residential Association
- River Station Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202924120384
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2021
Closed on
Feb 9, 2021
Sold by
Lepak David M and Odegard Justin
Bought by
Nielsen Jenna
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,864
Avg. Annual Appreciation
0.80%
Original Mortgage
$382,500
Outstanding Balance
$345,715
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$93,661
Purchase Details
Listed on
Jul 13, 2011
Closed on
Feb 10, 2012
Sold by
Frohling John C
Bought by
Lepak David and Lepak Colleen M
Seller's Agent
Frank Popplewell
Lynden Realty, Ltd.
List Price
$259,900
Sold Price
$201,000
Premium/Discount to List
-$58,900
-22.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$150,750
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2003
Sold by
Kaiser Andrew
Bought by
Frohling John
Purchase Details
Closed on
Jul 26, 2001
Sold by
Heritage Renovations Llc
Bought by
Kaiser Andrew J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nielsen Jenna | $425,000 | Trademark Title Services Inc | |
| Lepak David | $201,000 | Regency Title Inc | |
| Frohling John | $290,000 | -- | |
| Kaiser Andrew J | $229,962 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nielsen Jenna | $382,500 | |
| Previous Owner | Lepak David M | $267,000 | |
| Previous Owner | Lepak David M | $266,000 | |
| Previous Owner | Lepak David M | $211,100 | |
| Previous Owner | Lepak David | $150,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2021 02/15/21 | Sold | $425,000 | +3.7% | $313 / Sq Ft |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 01/09/2021 01/09/21 | For Sale | $410,000 | +104.0% | $301 / Sq Ft |
| 02/10/2012 02/10/12 | Sold | $201,000 | -22.7% | $148 / Sq Ft |
| 02/08/2012 02/08/12 | Pending | -- | -- | -- |
| 07/13/2011 07/13/11 | For Sale | $259,900 | -- | $191 / 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 | $5,122 | $394,000 | $112,000 | $282,000 |
| 2022 | $5,164 | $382,500 | $102,000 | $280,500 |
| 2021 | $4,773 | $368,000 | $92,000 | $276,000 |
| 2020 | $5,173 | $361,000 | $55,000 | $306,000 |
| 2019 | $4,950 | $361,000 | $27,500 | $333,500 |
| 2018 | $4,623 | $337,500 | $27,500 | $310,000 |
| 2017 | $4,366 | $293,000 | $27,500 | $265,500 |
| 2016 | $4,150 | $272,000 | $27,500 | $244,500 |
| 2015 | $3,828 | $242,500 | $27,500 | $215,000 |
| 2014 | -- | $208,500 | $27,500 | $181,000 |
Source: Public Records
Agents Affiliated with this Home
-
Aleksa Montpetit
-
Mark Abdel
Buyer's Agent in 2021
Mark Abdel
RE/MAX
(651) 283-8251
11 in this area
753 Total Sales
-
Frank Popplewell
Seller's Agent in 2012
Frank Popplewell
Lynden Realty, Ltd.
(651) 206-3177
20 Total Sales
-
John Lynden
Seller Co-Listing Agent in 2012
John Lynden
Lynden Realty, Ltd.
(651) 246-5646
165 Total Sales
Map
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: NST5698273
APN: 22-029-24-12-0384
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