1240 S 2nd St Unit 510 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $496,000 - $586,000
2
Beds
2
Baths
1,367
Sq Ft
$822/mo
HOA Fee
Highlights
- Heated Pool
- City View
- Corner Lot
- Sauna
- Main Floor Primary Bedroom
- Den
About This Home
As of April 2024Amazing location in the Mill District! Legacy has everything you could ask for and just completed in 2018. This 2 bed plus den, 2 bath, 2 convenient parking stalls, condo is in wonderful condition and many upgrades throughout which really make it stand out amongst the rest. Sunset exposure, both on the balcony, which has gas hookup for grill, as well as throughout the unit, and even a small view of the river. Finishes, location, and amenities, really make this an incredible value! Legacy offers an extensive list of amenities including pool, hot tub, community rooms, 2 fitness rooms, dog spa, game room, car wash bay, golf simulator, & more! Comes with indoor temp controlled parking and a large storage unit. Great historic location near the Mississippi and Stone Arch Bridge and many neighborhood destinations.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,310
Year Built
- Built in 2018
Lot Details
- Irregular Lot
- Additional Parcels
HOA Fees
- $822 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 1,367 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Den
- Sauna
- City Views
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Heated Pool
- Patio
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2602924110724
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, 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
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
Apr 26, 2024
Sold by
Pitlick Kent
Bought by
Mayer Holli and Mayer Mark
Seller's Agent
Kent Pitlick
Compass
Buyer's Agent
Sarah McKee
Keller Williams Realty Integrity Lakes
List Price
$589,900
Sold Price
$580,000
Premium/Discount to List
-$9,900
-1.68%
Views
14
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
-$26,009
Avg. Annual Appreciation
-3.91%
Purchase Details
Closed on
May 20, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Pitlick Kent Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,885
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Mayer Holli | $580,000 | -- | |
| Pitlick Kent Alan | $519,955 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pitlick Kent Alan | $507,885 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $580,000 | -1.7% | $424 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $589,900 | -- | $432 / 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 | $6,778 | $511,000 | $41,000 | $470,000 |
| 2022 | $6,805 | $481,000 | $39,000 | $442,000 |
| 2021 | $6,329 | $491,000 | $32,000 | $459,000 |
| 2020 | $1,701 | $463,000 | $31,800 | $431,200 |
| 2019 | $2,352 | $136,500 | $21,000 | $115,500 |
| 2018 | -- | $129,630 | $20,956 | $108,674 |
Source: Public Records
Agents Affiliated with this Home
-
Kent Pitlick
Seller's Agent in 2024
Kent Pitlick
Compass
(651) 472-1101
20 in this area
102 Total Sales
-
Sarah McKee
Buyer's Agent in 2024
Sarah McKee
Keller Williams Realty Integrity Lakes
(651) 428-3009
4 in this area
40 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6518669
APN: 26-029-24-11-0724
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