NOT LISTED FOR SALE

1240 S 2nd St Unit 1122 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $597,000 - $648,000

2 Beds
2 Baths
1,410 Sq Ft
2018 Built

Highlights

  • Heated In Ground Pool
  • River View
  • Patio
  • Sauna
  • Deck
  • Laundry Room

About This Home

As of November 2024

Welcome to The Legacy! This unit has absolutely stunning views of the Mississippi River, 2 bedrooms, 2 bathrooms, 2 parking stalls. Beautiful unit and is in one of the greatest locations that Minneapolis has to offer next to the Mississippi River, quick access to 94, Trader Joe's, U.S. Bank Stadium and more. Enjoy the newest construction condos in town while utilizing incredible amenities: pool, exercise room, golf simulator, 24/7 staff, heated parking, hot tub, dog park, and more! The majority of all utilities are included.

Last Agent to Rent the Property

Michael Bartus

Lakes Sotheby's International Listed on: 10/13/2024

Lakes Sotheby's International

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2018

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Metal Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sauna
  • River Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property Available on 10/13/24
  • The owner pays for cable TV, gas, heat, trash collection

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities, lawn care
  • High-Rise Community
  • The Legacy Subdivision
  • Car Wash Area

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Security
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0 Sq Ft Lot

HOA Fees

$537 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-10-13
  • Lease Price: 3500.0000
  • ApplicationFee: 35.0000
  • SecurityDeposit: 3500.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 1410
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1410
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room,Play Area

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • View: Panoramic, River
  • Neighborhood: Downtown East
  • PatioPorchType: Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Concrete, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care
  • Association Fee: 537
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Panoramic View,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Assessor Parcel Number: TBD

Multi Family

  • WaterfrontFeatures: River View

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Bought by
Current Estimated Value
$617,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$417,827
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$199,410
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$669,203 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $484,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Rented $3,500 0.0% --
10/13/2024 10/13/24 For Rent $3,500 -- --
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,051 $569,000 $43,000 $526,000
2024 $8,695 $569,000 $43,000 $526,000
2023 $7,599 $567,000 $43,000 $524,000
2022 $8,782 $597,000 $40,000 $557,000
2021 $7,905 $609,000 $33,100 $575,900
2020 $2,058 $574,500 $33,100 $541,400
2019 $2,451 $142,000 $22,000 $120,000
2018 -- $135,032 $21,829 $113,203
Source: Public Records

Agents Affiliated with this Home

  • Michael Bartus

    Landlord's Agent in 2024

    Michael Bartus

    Lakes Sotheby's International

    (952) 400-7000

    230 Total Sales

    Michael Bartus
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6617543

NorthstarMLS

APN: 26-029-24-11-0901

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 1122, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.