1240 S 2nd St Unit 1227 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $762,000 - $940,276
3
Beds
3
Baths
2,028
Sq Ft
$952/mo
HOA Fee
Highlights
- Heated Pool
- City View
- The kitchen features windows
- Sauna
- Elevator
- Patio
About This Home
As of August 2022Rare, southeast facing 3 bed, 3 bath corner unit offering incredible panoramic views. Gorgeous kitchen with custom cabinetry, oversized island and granite tops. Spacious open concept kitchen, living and dining area. Floor to ceiling windows throughout. Two generous sized owner's suites with custom closets and private luxury baths. Hardwood floors. Large pantry and laundry area. Lots of built-in storage. Large balcony with outstanding views. Security system. Two heated garage stalls (one oversized stall and your own personal electric vehicle charging station in the other stall). Storage cage included. Pet friendly. An abundance of amenities including: heated swimming pool, hot tub, sauna, car wash, community room, game room with golf simulator, two fitness centers, yoga area, deck/patios with grills and fire pit, dog run, lawn bowling and playground. Near walking/bike paths, the river, downtown venues and US Bank Stadium.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,283
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $952 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 2,028 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Sauna
- City Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Heated Pool
- Patio
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2602924110926
Community Details
Overview
- Association fees include air conditioning, maintenance structure, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- First Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
- Car Wash Area
Recreation
- Community Pool
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2022
Closed on
Aug 9, 2022
Sold by
Viedma Jennifer
Bought by
Kruse Matthew and Egbert Elizabeth
Seller's Agent
William Huffman
RE/MAX Results
List Price
$845,000
Sold Price
$845,000
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,181
Avg. Annual Appreciation
-0.95%
Original Mortgage
$676,000
Outstanding Balance
$651,911
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$170,908
Purchase Details
Listed on
Jun 21, 2022
Closed on
Jul 19, 2022
Sold by
Viedma Jennifer A
Bought by
Kruse Matthew R and Egbert Elizabeth
Seller's Agent
William Huffman
RE/MAX Results
List Price
$845,000
Sold Price
$845,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Outstanding Balance
$651,911
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$170,908
Purchase Details
Closed on
May 10, 2018
Sold by
Riverdale Ventures Legacy Llc
Bought by
Viedma Jennifer A
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kruse Matthew | $845,000 | -- | |
| Kruse Matthew R | $845,000 | Minnesota Title | |
| Viedma Jennifer A | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kruse Matthew | $676,000 | |
| Closed | Kruse Matthew R | $676,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $845,000 | 0.0% | $417 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $845,000 | -14.0% | $417 / Sq Ft |
| 02/19/2019 02/19/19 | Sold | $982,556 | +13.3% | $484 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $867,400 | -- | $428 / 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 |
|---|---|---|---|---|
| 2023 | $11,657 | $814,000 | $60,000 | $754,000 |
| 2022 | $13,283 | $857,000 | $56,000 | $801,000 |
| 2021 | $11,989 | $874,000 | $46,400 | $827,600 |
| 2020 | $2,678 | $824,500 | $46,400 | $778,100 |
| 2019 | $3,431 | $199,000 | $31,000 | $168,000 |
| 2018 | -- | $189,044 | $30,560 | $158,484 |
Source: Public Records
Agents Affiliated with this Home
-
William Huffman
Seller's Agent in 2022
William Huffman
RE/MAX Results
(651) 278-2089
2 in this area
511 Total Sales
-
Sarah Huffman
Seller Co-Listing Agent in 2022
Sarah Huffman
RE/MAX Results
(612) 209-3554
1 in this area
243 Total Sales
-
Colleen J. Ratzlaff-LaBeau
Seller's Agent in 2019
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
33 in this area
86 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6224371
APN: 26-029-24-11-0926
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