A public MLS-derived record names Richard McDonough as the listing agent for Unit 202 at 501 Main Street N and reports a December 29, 2025 sale. This is a dated property record, not a current availability notice.
Key takeaways
- The evidence concerns one specific unit and transaction.
- The public source reports a $590,000 sale on December 29, 2025.
- The record does not explain private negotiations or what caused the result.
In this guide
Richard McDonough’s recorded role and the reported facts
The RateMyAgent historical record identifies Richard McDonough as listing agent for 501 Main Street N, Unit 202. It reports a December 29, 2025 closing at $590,000 for a two-bedroom, two-bathroom unit of 1,340 square feet. The record was checked again on September 18, 2026.
| Item | Historical record |
|---|---|
| Address | 501 Main Street N, Unit 202, Stillwater |
| Building | Lofts of Stillwater |
| Reported sale | $590,000 on December 29, 2025 |
| Reported interior | 2 bedrooms, 2 bathrooms, 1,340 square feet |
| Listing representative | Richard McDonough |
| Reference | Northstar / Regional MLS of Minnesota #6772070 |
The local condo research hub connects this transaction to the building guides and other Stillwater property checks.
How can a Stillwater seller use this sale as a comparable?
Begin with the Lofts of Stillwater building guide, then put your unit and Unit 202 into the same comparison sheet. Match floor plan, usable space, floor position, outlook, condition and included parking. Obtain the historical listing details needed to resolve gaps rather than assuming two homes in the building have the same features.
| Comparison | Record for your unit | Why it matters |
|---|---|---|
| Living arrangement | Rooms, circulation and internal levels | Identifies whether the same buyer would consider both |
| Outlook | Rooms with a view and actual vantage points | Separates a room view from a common-area view |
| Condition | Improvement dates and work still needed | Distinguishes finished appearance from likely expense |
| Parking and storage | Space identifiers and documented rights | Defines the ownership package |
| Costs | Dated dues and included services | Lets the buyer compare recurring expense |
Ask the agent which differences are supported well enough to adjust for and which call for a wider price range. Add newer closed sales and current competing listings. A December 2025 transaction remains historical context even when the same property has later activity.
What does the reported price per square foot show?
Dividing the reported $590,000 price by 1,340 square feet gives approximately $440.30 per square foot. This is a calculation for one transaction. The useful next step is to compare the property attributes that sit behind the ratio.
If another condo has a different exposure, parking arrangement or renovation level, record those differences alongside the figure. The condo pricing guide explains why multiplying a single ratio by your floor area can conceal important differences. Use a set of relevant sales to discuss an asking range.
Prepare the records that would explain your own sale
Collect your floor plan, improvements list, current association information and the documents identifying parking or storage. Give each entry a source and date. If a feature appears only in an earlier advertisement, confirm it before repeating the claim.
The unit fact sheet keeps that work in one place. Order the association packet through the resale checklist while the agent reviews pricing. For a river-facing unit, add ordinary-position photos from the actual rooms and document the outdoor spaces described in the listing.
Keep receipts for preparation work separate from any claimed effect on value. A $5,000 invoice establishes a cost. The price discussion still needs buyer alternatives and comparable evidence. Ask which work removes a known objection and which work is unlikely to justify its expense before authorizing it.
Discuss the comparable set and marketing with Richard McDonough
Use Richard McDonough's local listing overview to frame a concrete conversation. Ask which three current or recent properties he would compare with your unit, why he would exclude a tempting high sale and what he would need to verify before publishing a description.
Request the media and preparation scope in the marketing proposal. For a contrasting local housing format, the Terra Springs B01 transaction provides a second example. Its different layout should remain visible in any comparison.
This historical record supports the stated transaction and representative connection. Private concessions, seller net proceeds and causes of the result are outside the available source. The hero image is an illustration, not a photograph of Unit 202.
Prepared as general seller education. Confirm property facts and transaction requirements with the relevant professionals. Read our source and editorial approach.
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