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$319,900   Price Analysis
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401 S 1st St Unit 1218
Minneapolis, MN 55401
1 bed 1 bath 832 SqFt ($384/SqFt)
1.62 acre lot. Built 1989
Listed 2024-05-17, HOA $549, Taxes $3,917
Ⓧ USDA Ineligible
due to location

near Minneapolis

Rare opportunity to own a one bedroom condo with two parking spaces in historic Riverwest in the Mill City District.

Owners also have the option to rent this parking space out to other residents. Currently these high demand spots are renting for up to $200 per month. Enjoy unobstructed panoramic views of downtown from the comfort of your 12th floor balcony. Walking distance to the river, the Stone Arch Bridge and the award winning James Beard Owamni restaurant.

Easy access to the North Loop, US Bank Stadium and many biking and hiking trails make this location highly desirable. Enjoy the incredible amenities which include 24/7 concierge service, fitness room, outdoor rooftop pool and grills, sauna and whirlpool, community room, private dog park on premises, car wash and ample guest parking. Discover your new urban oasis at Riverwest today. Book your showing and elevate your lifestyle to nw heights.


Presented by David C Babcock at
RE MAX Advantage Plus.
Listing Agent Photo

Property MLS #6501500 from NorthstarMLS

Bedrooms: 1

Total Rooms: 3

Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer

Cooling Features: Central
Heating Features: Forced Air
Heating Fuel: Natural Gas

Full Bathrooms: 1

Brick/Stone

Land Lease Amount Frequency: No
Lot Size Acres: 1.624
Lot Size Dimensions: Common
Lot Size Square Feet: 70741

Garage Spaces: 2
Parking Features: Assigned, Secured, Underground Garage
Garage Sqft: 440

Balcony
Washer/Dryer Hookup

Association: Yes
Association Fee: 549
Association Fee Frequency: Monthly
Association Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating
Calculated Total Monthly Association Fees: 549

School District: 1 - Minneapolis

Webster Elementary is a public elementary school located approximately 1 miles away.
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Edison Senior High School is a public high school located approximately 2 miles away.
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Northeast Middle School is a public middle school located approximately 3.1 miles away.
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DeLaSalle High School is a private high school located approximately 0.4 miles away.
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Annual Tax Amount: 3485.00
Source Listing Status: Active
County: Hennepin
Directions: Head North on 3rd Ave, Right on 1st St South, building on your right hand side
Tax Year: 2024
Source Property Type: Single Family
Property Subtype: condo
Source Neighborhood: Downtown West
Parcel Number: 2302924310319
Subdivision: Cic 1487 Riverwest Condo
Zoning: Residential-Single Family
Property Subtype: (CC) High Rise (4+ Levels)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$265,500 + $16,000
$281,500
$3,917
2021$265,600 + $15,900
$281,500
$3,781
2020$273,200 + $8,300
$281,500
$4,097
2019$262,200 + $8,300
$270,500
$4,055
2018$244,700 + $8,300
$253,000
$3,818
2017$unknown + $unknown
$211,825
$3,312
2016$unknown + $unknown
$197,655
$3,182
2015$unknown + $unknown
$181,850
$3,081
2014$unknown + $unknown
$154,055
$2,810
2013$unknown + $unknown
$154,055
$2,821
2012$unknown + $unknown
$160,050
$2,856
2011$172,700 + $8,300
$181,000
$2,820
2010$183,700 + $8,300
$192,000
$2,604
2009$198,200 + $8,300
$206,500
$2,867
2008$201,700 + $8,300
$210,000
$2,601
2007$201,900 + $8,300
$210,200
$2,687

Listed 2024-05-17
$319,900
NorthstarMLS
Sold 2006-06-12
$241,255
Public Record

Total Square Feet Living: 832
Above Grade Finished Area: 832
Foundation Area: 832.00
Property Age: 35
Property Condition: Previously Owned
Levels or Stories: 1
Total Above Grade Sqft Area: 832.00
Total Area Main: 832.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.