NOT LISTED FOR SALE

1240 S 2nd St Unit 305 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $503,000 - $643,000

2 Beds
2 Baths
1,542 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 1240 S 2nd St Unit 305, Minneapolis, MN 55415 and is currently estimated at $595,382, approximately $386 per square foot. 1240 S 2nd St Unit 305 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Myhrman Drake A and Myhrman Kelsey C
Bought by
Goodpaster Jason Daniel and Goodpaster Elizabeth Julia
Current Estimated Value
$599,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,158
Outstanding Balance
$522,769
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$63,278

Purchase Details

Closed on
Mar 27, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Myhrman Drake A and Martin Kelsey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,228
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goodpaster Jason Daniel $600,000 Trademark Title
Myhrman Drake A $530,767 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodpaster Jason Daniel $544,158
Previous Owner Myhrman Drake A $503,850
Previous Owner Myhrman Drake A $504,228
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $6,770 $510,000 $46,000 $464,000
2022 $7,117 $501,000 $43,000 $458,000
2021 $6,454 $511,000 $36,000 $475,000
2020 $2,232 $482,500 $35,800 $446,700
2019 $2,647 $154,000 $24,000 $130,000
2018 -- $145,834 $23,575 $122,259
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 305, Minneapolis, MN

This home is located at 1240 S 2nd St Unit 305, Minneapolis, MN 55415 and is currently estimated at $595,382, approximately $386 per square foot. 1240 S 2nd St Unit 305 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

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.

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