1240 S 2nd St Unit 214 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $502,000 - $672,000
2
Beds
2
Baths
1,507
Sq Ft
$839/mo
HOA Fee
Highlights
- Heated Pool
- City View
- Elevator
- Sauna
- 185,914 Sq Ft lot
- Stainless Steel Appliances
About This Home
As of December 2023Introducing The Legacy, one of the newest buildings in Mill District. This modern gem was completed in 2018, featuring 2 bedrooms plus den, 2 bathrooms, and 2 parking spaces. Upgraded with the latest features and finishes with attention to detail, this pristine condo stands out from the crowd. Experience stunning western sunset exposure and abundant natural light in every corner, including the balcony with a gas hookup for grilling. The spacious den offers a flexible floorplan. Enjoy a multitude of amenities such as a pool, hot tub, community rooms, 2 fitness rooms, dog spa, game room, and golf simulator, making Legacy an exceptional value. This unit includes two indoor temperature-controlled parking stalls and a spacious storage unit. Electronic Vehicle charging outlet being installed in 2024 for the convenience of new owner. It's move-in ready, awaiting its new owner. Don't miss out on this wonderful opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,672
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $839 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Guest Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,507 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Sauna
- City Views
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
- Boiler Heating System
Additional Features
- Heated Pool
- Additional Parcels
Listing and Financial Details
- Assessor Parcel Number 2602924110630
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, snow removal, water
- First Service 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
Nov 1, 2023
Closed on
Dec 20, 2023
Sold by
Tanck Tyler J and Tanck Megan A
Bought by
Avedian Raffi S and Avedian Theresa
Seller's Agent
Kent Pitlick
Compass
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Total Days on Market
46
Views
47
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
-$8,035
Avg. Annual Appreciation
-0.99%
Original Mortgage
$300,000
Outstanding Balance
$296,365
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$295,600
Purchase Details
Listed on
Mar 1, 2017
Closed on
Aug 27, 2018
Sold by
Riverdale Ventures Legacy Llc
Bought by
Tanck Tyler J and Tanck Megan A
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
List Price
$519,900
Sold Price
$547,080
Premium/Discount to List
$27,180
5.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$437,664
Interest Rate
4.6%
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avedian Raffi S | $600,000 | Titlenexus | |
| Tanck Tyler J | $547,079 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avedian Raffi S | $300,000 | |
| Previous Owner | Tanck Tyler K | $431,300 | |
| Previous Owner | Tanck Tyler J | $437,664 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Sold | $600,000 | -2.4% | $398 / Sq Ft |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $615,000 | +12.4% | $408 / Sq Ft |
| 08/27/2018 08/27/18 | Sold | $547,080 | +5.2% | $363 / Sq Ft |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- |
| 03/01/2017 03/01/17 | For Sale | $519,900 | -- | $345 / 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 | $7,055 | $533,000 | $44,000 | $489,000 |
| 2022 | $7,219 | $507,000 | $42,000 | $465,000 |
| 2021 | $6,521 | $517,000 | $34,400 | $482,600 |
| 2020 | $7,037 | $487,500 | $34,400 | $453,100 |
| 2019 | $2,548 | $485,500 | $23,000 | $462,500 |
| 2018 | -- | $140,432 | $22,702 | $117,730 |
Source: Public Records
Agents Affiliated with this Home
-
Kent Pitlick
Seller's Agent in 2023
Kent Pitlick
Compass
(651) 472-1101
21 in this area
106 Total Sales
-
Fritz Kroll
Buyer's Agent in 2023
Fritz Kroll
Edina Realty, Inc.
(612) 347-8088
13 in this area
186 Total Sales
-
Colleen J. Ratzlaff-LaBeau
Seller's Agent in 2018
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
34 in this area
87 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6455517
APN: 26-029-24-11-0630
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