Seller's Agent in 2025
Lynn Burn
Compass
(612) 803-0912
45 in this area
148 Total Sales
1240 S 2nd St Unit 1121 Minneapolis, MN 55415
Downtown East Neighborhood
3
Beds
2
Baths
2,066
Sq Ft
$1,165/mo
HOA Fee
Highlights
- Heated Pool
- City View
- The kitchen features windows
- Sauna
- Elevator
- 4-minute walk to Gold Medal Park
About This Home
As of August 2025Welcome to a rare offering in the Mill District — an exceptional condo with arguably the most breathtaking, wide-angle views in the entire city. From the moment you enter, your eyes are drawn to a panorama that captures it all: the shimmering Mississippi Riverfront, the iconic Stone Arch Bridge, Gold Medal Park in full seasonal color, the dramatic US Bank Stadium, and the vibrant city skyline. Inside, the home is both warm and modern, with rich hickory floors and thoughtful design choices that feel elevated yet inviting. The spacious open floor plan is flooded with natural light, while defined living areas create a sense of intimacy and grandeur all at once. At the heart of the home, an oversized island anchors the kitchen — perfect for casual gatherings or elegant entertaining — complemented by a sleek Wolf cooktop and hood, and Fisher & Paykel two-drawer dishwasher that blends seamlessly into the cabinetry. Enjoy a front-row seat to Gold Medal Park and the riverfront below on the shaded balcony, where morning light and evening glow create a magical backdrop for daily life. The third bedroom is a flexible spac?e?, ideal for guests or a stylish office setup.? A wine fridge adds a touch of luxury, tucked conveniently within the third bedroom. Parking spaces are equipped with an EV charger — offering both convenience and forward-thinking function. This is more than just a home — it’s a rare opportunity to own one of the most visually dynamic and beautifully finished condos in Minneapolis, nestled in a location that celebrates the best the city has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,058
Year Built
- Built in 2017
HOA Fees
- $1,165 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
Interior Spaces
- 2,066 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Heated Pool
- Patio
Additional Features
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110900
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
- Car Wash Area
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Aug 29, 2025
Sold by
Arnold Stephen and Arnold Susan
Bought by
Kamath Patrick S and Kamath Janine R
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Isaac Kuehn
DRG
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$690,000
Outstanding Balance
$690,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$472,378
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | Watermark Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $690,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $1,150,000 | -4.2% | $557 / Sq Ft |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $1,200,000 | -- | $581 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,218 | $817,000 | $61,000 | $756,000 |
| 2023 | $11,357 | $802,000 | $61,000 | $741,000 |
| 2022 | $12,451 | $809,000 | $58,000 | $751,000 |
| 2021 | $11,237 | $825,000 | $48,000 | $777,000 |
| 2020 | $12,285 | $778,500 | $47,700 | $730,800 |
| 2019 | $3,530 | $785,000 | $31,500 | $753,500 |
| 2018 | -- | $194,445 | $31,433 | $163,012 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Burn
-
Isaac Kuehn
Buyer's Agent in 2025
Isaac Kuehn
DRG
(651) 238-1277
17 in this area
280 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6719202
APN: 26-029-24-11-0900
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