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Sold for $275,000
  • $275,000

    401 1st St S #1218, Minneapolis, MN 55401

    1beds
    1baths
    832sqft
    Apartment
    Built in 1989
    -- sqft lot
    $281,000 Zestimate®
    $331/sqft
    $2,220 Estimated rent

    Home value

    $281,000

    $256,000 - $309,000

    $2,220/mo

    Zestimate® history
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    What's special

    Upgraded, 10th floor, 1 bed/ 1 bathroom condo at RiverWest Condominiums in downtown Minneapolis. This highrise is located on the river, steps away from St. Anthony Main, North Loop. Downtown, the Guthrie, Mill City Museum, Target Field, Us Bank Stadium, the Light Rail, and more! The building is loaded with lots of amenities including a pool, hot tub, sauna, fitness center, 2 party rooms, a car wash bay, 24-hour front desk attendant, on-site maintenance, pet walking area, outdoor sundeck with gas grills/ fireplace, and more! The unit features nearly new upgraded laminate hardwood flooring throughout main living areas, maple cabinetry, granite countertops, stainless steel appliances, breakfast bar, open living/ dining room, tile flooring in the bathroom, spacious carpeted bedroom, walk-in closet, lots of storage including an additional storage space, in unit washer/ dryer, and balcony with downtown views. This home is available for move-in August 1. All lease agreements are 12 months with a 60 day notice; pets are not allowed in this unit. The monthly rent includes gas, AC, water, sewer, trash, basic cable, 1 parking stall, and 1 storage space. Tenant only has to pay electric (roughly $30/ month), and internet/ telephone if desired. Second parking stalls are available upon the ability to rent from another owner in the building, or nearby contract parking. All applicants are required to submit a background check application which costs $55.50/ adult or $70.50/ adult if you have lived out of state in the last 10 years. Tenants must submit a $300 non-refundable building move-in/ out fee with first month's rent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 832 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 2302924310319

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • concrete
    • Roof: Built-up
    Condition
    • Year built: 1989

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $484 monthly
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $331/sqft
    • Tax assessed value: $251,000
    • Annual tax amount: $3,733

    Price history

    DateEventPrice
    1/13/2025Sold$275,000+14%$331/sqft
    Source: Public Record Report a problem
    2/27/2021Listing removed--
    Source: Owner Report a problem
    6/7/2020Listing removed$1,650$2/sqft
    Source: Owner Report a problem
    6/1/2020Listed for rent$1,650$2/sqft
    Source: Owner Report a problem
    6/12/2006Sold$241,255$290/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,733 +7.1%$251,000
    2024$3,485 -0.9%$251,000 -6%
    2023$3,516 -10.3%$267,000 +0.4%
    2022$3,918 +3.6%$266,000 -5.5%
    2021$3,782 -7.7%$281,500
    2020$4,097 +8.3%$281,500
    2019$3,782 -7.7%$281,500 +4.1%
    2018$4,097 +7.3%$270,500 +18.4%
    2017$3,819 +15.3%$228,500 +6%
    2016$3,313 +4.1%$215,500 +7.2%
    2015$3,183 +3.3%$201,000 +14.5%
    2014$3,082 +9.2%$175,500
    2013$2,821 -1.2%$175,500 -3%
    2012$2,856 +1.3%$181,000
    2011$2,821 +8.3%$181,000 -5.7%
    2010$2,605 -9.2%$192,000 -7%
    2009$2,867 $206,500
    Find assessor info on the county website

    Neighborhood: Downtown West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $281,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $281,000