1240 S 2nd St Unit 512 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $534,000 - $643,000
2
Beds
2
Baths
1,517
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Wood Flooring
- Balcony
- Sauna
- Elevator
- Woodwork
About This Home
As of May 2019This home is located at 1240 S 2nd St Unit 512, Minneapolis, MN 55415 since 31 July 2018 and is currently estimated at $604,229, approximately $398 per square foot. This property was built in 2018. 1240 S 2nd St Unit 512 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,727
Year Built
- Built in 2018
Lot Details
- Zero Lot Line
HOA Fees
- $555 Monthly HOA Fees
Parking
- 1 Car Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,517 Sq Ft Home
- 1-Story Property
- Woodwork
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Pool
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 2602924110726
Community Details
Overview
- Association fees include air conditioning, building exterior, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
- First Service Residential Association
- Legacy Lofts Community
- The Legacy Subdivision
- Car Wash Area
Amenities
- Elevator
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2018
Closed on
May 31, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Materassi Donatello and Allaf Nadine E
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
List Price
$535,900
Sold Price
$572,400
Premium/Discount to List
$36,500
6.81%
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
$31,829
Avg. Annual Appreciation
0.55%
Original Mortgage
$457,920
Interest Rate
4.2%
Mortgage Type
New Conventional
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Materassi Donatello | $572,400 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Materassi Donatello | $449,000 | |
| Closed | Materassi Donatello | $457,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2019 05/31/19 | Sold | $572,400 | +5.0% | $377 / Sq Ft |
| 01/31/2019 01/31/19 | Price Changed | $544,900 | +1.7% | $359 / Sq Ft |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 07/31/2018 07/31/18 | For Sale | $535,900 | -- | $353 / 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 | $7,727 | $570,000 | $44,000 | $526,000 |
| 2022 | $7,491 | $522,000 | $42,000 | $480,000 |
| 2021 | $6,738 | $533,000 | $34,400 | $498,600 |
| 2020 | $1,880 | $503,000 | $34,400 | $468,600 |
| 2019 | $2,548 | $148,000 | $23,000 | $125,000 |
| 2018 | -- | $140,433 | $22,702 | $117,731 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen J. Ratzlaff-LaBeau
Seller's Agent in 2019
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
34 in this area
87 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST4986939
APN: 26-029-24-11-0726
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