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  • $550,000

    408 1st St N #403, Minneapolis, MN 55401

    2beds
    2,125sqft
    (CC) High Rise (4+ Levels)
    Built in 2001
    -- sqft lot
    $598,200 Zestimate®
    $259/sqft
    $4,198 Estimated rent

    Home value

    $598,200

    $550,000 - $652,000

    $4,198/mo

    Zestimate® history
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    What's special

    Modern featuresFull-sized laundry roomAbundant storageCorner condoLarge en-suite bathPrivate patios
    Bright and spacious corner condo in the North Loop! This rare, oversized 2-bedroom, 2-bath corner condo at Lindsay Lofts features over 2100 sq ft, natural light streaming in from east and south-facing windows, modern features, and abundant storage. This home offers the space and comfort of a single-family residence, without the maintenance. The open-concept kitchen and living area flows effortlessly to one of two private patios, perfect for morning coffee and entertaining. Designed with comfort in mind, the primary suite offers generous proportions, a walk-in closet, a large en-suite bath, and a patio. The full-sized laundry room adds everyday convenience and the second bedroom, with plenty of light, is great for a home office or hosting guests. Located in one of Minneapolis' most walkable and vibrant neighborhoods, you're just steps from award-winning restaurants, shops, and the riverfront parks and trails. Whether you're hosting friends or enjoying quiet evenings at home, this condo offers the perfect blend of comfort, style and urban living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael James Seebinger 612-777-8005,

    DRG,

    Kristopher L Schwab 614-747-2242

    Bought with:

    Tracy Perry Jr.

    Real Broker, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6730474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 308 Square Feet
    • Dimensions: 22x14
    Bedroom 2
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Deck
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x05
    Deck
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x05
    Dining room
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19x15
    Kitchen
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Living room
    • Level: Main
    • Area: 378 Square Feet
    • Dimensions: 27x14
    Heating
    • Hot Water
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
    Features
    • Basement: None
    Interior area
    • Total structure area: 2,125
    • Total interior livable area: 2,125 sqft
    • Finished area above ground: 2,125
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Heated Garage, No Int Access to Dwelling, Underground
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs Internal, Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    Details
    • Foundation area: 2125
    • Parcel number: 2202924140313
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: (CC) High Rise (4+ Levels)
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Lights
    • Subdivision: Lindsay Lofts
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Fire Sprinkler System, Lobby Entrance, Security Building, Security Lighting
    • Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Maintenance Grounds, Professional Mgmt, Sanitation, Security System, Sewer, Shared Amenities, Water
    • HOA fee: $927 monthly
    • HOA name: First Service Residential
    • HOA phone: 952-227-2700
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $531,000
    • Annual tax amount: $8,002
    • Date on market: 7/14/2025
    • Cumulative days on market: 20 days

    Price history

    DateEventPrice
    7/23/2025Sold$550,000-6%$259/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6730474 Report a problem
    7/14/2025Pending sale$585,000$275/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6730474 Report a problem
    6/25/2025Listing removed$585,000$275/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6730474 Report a problem
    6/6/2025Listed for sale$585,000+17%$275/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6730474 Report a problem
    6/22/2011Listing removed$500,000$235/sqft
    Source: Coldwell Banker Burnet - Minneapolis Lakes #4005345 Report a problem
    5/9/2010Listed for sale$500,000$235/sqft
    Source: NRT Minneapolis #3922603 Report a problem
    1/28/2010Listing removed$500,000$235/sqft
    Source: NRT Minneapolis #3847660 Report a problem
    12/5/2009Price change$500,000-2.9%$235/sqft
    Source: NRT Minneapolis #3847660 Report a problem
    10/20/2009Listed for sale$515,000+14.5%$242/sqft
    Source: NRT Minneapolis #3847660 Report a problem
    3/20/2002Sold$449,681$212/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,002 +15.3%$531,000
    2024$6,942 -0.8%$531,000 +1%
    2023$6,997 -13.2%$526,000
    2022$8,065 +5.3%$526,000 -6%
    2021$7,660 -5.5%$559,500
    2020$8,104 +5.8%$559,500 +2%
    2019$7,660 -5.5%$548,500
    2018$8,104 +4.7%$548,500 +21.8%
    2017$7,741 +11.6%$450,500 +7.8%
    2016$6,936 +4.3%$418,000 +7.5%
    2015$6,648 +2.6%$389,000 +9%
    2014$6,481 +1.8%$357,000
    2013$6,368 +2.6%$357,000
    2012$6,206 -0.7%$357,000 -4.7%
    2011$6,249 +1.4%$374,500 -11.3%
    2010$6,165 -6.5%$422,000 -5.4%
    2009$6,597 -1.6%$446,000 -5.2%
    2006$6,703 -4.9%$470,500
    2005$7,051 -1.3%$470,500 +5.9%
    2004$7,141 +16.2%$444,100 +17.3%
    2002$6,147 $378,700
    Find assessor info on the county website

    Neighborhood: North Loop

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $598,200
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    Estimated market value
    $598,200