Seller's Agent in 2024
Lynn Burn
Compass
(612) 803-0912
46 in this area
148 Total Sales
1240 S 2nd St Unit 1302 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $924,000 - $1,114,595
3
Beds
2.5
Baths
2,163
Sq Ft
$1,277/mo
HOA Fee
Highlights
- Heated Pool
- City View
- Elevator
- Sauna
- Deck
- 4-minute walk to Gold Medal Park
About This Home
As of July 2024Indulge in luxurious living at this stunning residence in the Mill District, where this spacious and thoughtfully designed floor plan is adorned by breathtaking downtown Minneapolis and river views. Stylish finishes including tasteful walnut flooring, automatic window dressings, custom-built pieces, and an elegant linear fireplace offer sophistication and comfort. Revel in the expansive balcony with panoramic views of the city and riverscape, and enjoy an array of exceptional amenities, including a sauna, fitness center, pool, hot tub, golf simulator, and more. Experience an exclusive ambiance with just a few neighbors on your floor. With its impeccable layout and all the Legacy has to offer, this residence offers a sanctuary of upscale living.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,442
Year Built
- Built in 2018
HOA Fees
- $1,277 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Guest Parking
- Assigned Parking
- Secure Parking
Interior Spaces
- 2,163 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Room
- Sauna
- City Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Pool
- Outdoor Pool
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Baseboard Heating
Additional Features
- No Interior Steps
- Deck
Listing and Financial Details
- Assessor Parcel Number 2602924110929
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
Amenities
- Elevator
- Lobby
Recreation
- Community Pool
- Community Spa
Building Details
- Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
Jul 9, 2024
Sold by
Taylor Michael and Taylor Elizabeth
Bought by
Ertl Mark and Hurr Ertl Martha
Seller's Agent
Lynn Burn
Compass
Buyer's Agent
Barry Berg
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Views
24
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
$17,532
Avg. Annual Appreciation
1.36%
Original Mortgage
$250,000
Outstanding Balance
$246,985
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$760,547
Purchase Details
Closed on
Jan 14, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Taylor Michael and Taylor Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.7%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ertl Mark | $990,000 | -- | |
| Taylor Michael | $1,005,215 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ertl Mark | $250,000 | |
| Previous Owner | Taylor Michael | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2024 07/09/24 | Sold | $990,000 | -1.0% | $458 / Sq Ft |
| 06/25/2024 06/25/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | Price Changed | $999,900 | -2.4% | $462 / Sq Ft |
| 05/20/2024 05/20/24 | Price Changed | $1,025,000 | -2.4% | $474 / Sq Ft |
| 04/17/2024 04/17/24 | Price Changed | $1,050,000 | -4.5% | $485 / Sq Ft |
| 03/08/2024 03/08/24 | For Sale | $1,100,000 | -- | $509 / 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 | $15,679 | $952,000 | $65,000 | $887,000 |
| 2023 | $13,842 | $950,000 | $65,000 | $885,000 |
| 2022 | $14,982 | $955,000 | $61,000 | $894,000 |
| 2021 | $13,533 | $974,000 | $50,300 | $923,700 |
| 2020 | $14,856 | $919,000 | $50,300 | $868,700 |
| 2019 | $10,336 | $930,500 | $33,500 | $897,000 |
| 2018 | -- | $205,248 | $33,180 | $172,068 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Burn
-
Barry Berg
Buyer's Agent in 2024
Barry Berg
Coldwell Banker Burnet
(612) 670-3600
10 in this area
188 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6481201
APN: 26-029-24-11-0929
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