NOT LISTED FOR SALE

601 Marquette Ave Unit 401 Minneapolis, MN 55402

Downtown West Neighborhood

Estimated Value: $378,000 - $429,000

1 Bed
1.5 Baths
1,450 Sq Ft
$1,203/mo HOA Fee

Last Sold June 15, 2023

Last sale price $395,000 $272 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,864/month

216 Days on Market

Highlights

  • City View
  • 5-minute walk to Nicollet Mall Station
  • Patio
  • Elevator
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2023

Superb modern loft style unit in 6 Quebec...uniquely nestled in the heart of downtown Minneapolis and right on Skyway! This spectacular unit offers a huge, private, outdoor patio; finished concrete floors; professional kitchen; excellent master suite with luxury bath; nice storage in unit plus extra area and TWO heated, underground parking stalls. This is the ideal property for a downtown executive or for your own pied-a-terre in the city! All utilities are included with the HOA fees. Rentals are allowed with guidelines. A must see!

Last Agent to Sell the Property

Rochelle Johnson-Brown

Edina Realty, Inc. Listed on: 10/27/2022

Edina Realty, Inc.

Co-Listed By

Nichole Reimer

Edina Realty, Inc.

Last Buyer's Agent

Nichole Hayden

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,722

Year Built

  • Built in 1949

Lot Details

  • 0.4

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924110145

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 227-2700
  • High-Rise Condominium
  • Cic 1210 Six Quebec Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,722

Year Built

Built in 1949

Lot Details

0

HOA Fees

$1,203 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Security
  • Fee Frequency: Monthly
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 1450
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1450
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Patio

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: Heated Garage, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-227-2700
  • Association Fee: 1203
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),City View,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 17598.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924110145
  • Tax Annual Amount: 6722
  • TaxWithAssessments: 6722.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jun 15, 2023
Sold by
Jorgenson Rebecca
Bought by
Eckhardt Tr
Seller's Agent
Rochelle Johnson-Brown
Edina Realty, Inc.
Buyer's Agent
Nichole Hayden
Edina Realty, Inc.
List Price
$434,900
Sold Price
$395,000
Premium/Discount to List
-$39,900
-9.17%
Views
134
Current Estimated Value
$399,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,752
Avg. Annual Appreciation
0.55%
Original Mortgage
$130,000
Outstanding Balance
$126,799
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$272,953

Purchase Details

Closed on
Sep 16, 2019
Sold by
Nemcek Gary John and Nemcek Sandra Lee
Bought by
Jorgenson Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Nemcek Gary John and Nemcek Sandra Lee
Bought by
Nemcek Gary John and Nemcek Sandra Lee

Purchase Details

Closed on
May 26, 2017
Sold by
Addo Paul and Addo Kristen
Bought by
Nemcek Gary and Nemcek Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2004
Sold by
6 Quebec Llc
Bought by
Abdo Paul
Source: Public Records

Range of Values:

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Average Value
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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
Eckhardt Tr $395,000 --
Jorgenson Rebecca L $480,000 None Available
Nemcek Gary John -- None Available
Nemcek Gary $465,000 Cu Commercial Title Svc
Abdo Paul $558,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckhardt Tr $130,000
Previous Owner Jorgenson Rebecca L $456,000
Previous Owner Nemcek Gary $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $395,000 -7.0% $272 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $424,900 -2.3% $293 / Sq Ft
10/27/2022 10/27/22 For Sale $434,900 -- $300 / Sq Ft
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
2023 $5,795 $444,000 $78,000 $366,000
2022 $6,722 $444,000 $77,000 $367,000
2021 $6,487 $485,000 $73,400 $411,600
2020 $7,030 $485,000 $73,400 $411,600
2019 $7,241 $485,000 $48,400 $436,600
2018 $9,520 $485,000 $48,400 $436,600
2017 $8,329 $530,000 $48,400 $481,600
2016 $8,397 $523,000 $48,400 $474,600
2015 $8,816 $523,000 $48,400 $474,600
2014 -- $502,500 $48,400 $454,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6301833

NorthstarMLS

APN: 27-029-24-11-0145