Seller's Agent in 2023
Mike Seebinger
DRG
(612) 807-4958
16 in this area
280 Total Sales
1240 S 2nd St Unit 515 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $417,000 - $456,000
2
Beds
2
Baths
1,102
Sq Ft
$619/mo
HOA Fee
Highlights
- In Ground Pool
- Elevator
- Living Room
- 185,914 Sq Ft lot
- Patio
- 1-Story Property
About This Home
As of October 2023Great opportunity for a 2BR, 2BA condo in the heart of the Mill District with un-paralleled amenities at the Legacy! Unit features real hardwood floors, granite countertops, stainless steel appliances, large kitchen island, custom window treatments, large balcony overlooking building courtyard, and more. Building amenities include onsite professional management/concierge/security, outdoor swimming pool, hot tub, community patio with fire pits/grills/lawn bowling, community room with a kitchen designed for catering, game room with golf simulator, fitness center with cardio studio, separate weight room, 2 pet grooming stations, fenced-in dog park, playground, indoor pet relief room, and car wash station. Enjoy the best that urban living has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,737
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $619 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
Interior Spaces
- 1,102 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- In Ground Pool
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110729
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Legacy Lofts Subdivision
Amenities
- Elevator
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 27, 2023
Sold by
Li Shuming and Wang Yijian
Bought by
Turobiner Martha
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Total Days on Market
21
Views
33
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
$24,765
Avg. Annual Appreciation
3.93%
Original Mortgage
$230,000
Outstanding Balance
$226,755
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$208,010
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 23, 2023
Sold by
Li Shuming and Li Yijian
Bought by
Turobiner Martha
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$226,755
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$208,010
Purchase Details
Listed on
Mar 15, 2018
Closed on
Aug 28, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Li Shuming and Wang Yijian
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
Buyer's Agent
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
List Price
$374,900
Sold Price
$375,042
Premium/Discount to List
$142
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$300,033
Interest Rate
3.8%
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 |
|---|---|---|---|
| Turobiner Martha | $410,000 | -- | |
| Turobiner Martha | $410,000 | Titlenexus | |
| Li Shuming | $375,042 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Turobiner Martha | $230,000 | |
| Closed | Turobiner Martha | $230,000 | |
| Previous Owner | Li Shuming | $300,033 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $410,000 | 0.0% | $372 / Sq Ft |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | Off Market | $410,000 | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $419,900 | 0.0% | $381 / Sq Ft |
| 09/01/2022 09/01/22 | Rented | $2,495 | 0.0% | -- |
| 05/09/2022 05/09/22 | For Rent | $2,495 | +4.0% | -- |
| 05/28/2021 05/28/21 | Rented | $2,400 | -3.8% | -- |
| 01/14/2021 01/14/21 | For Rent | $2,495 | +4.0% | -- |
| 12/13/2019 12/13/19 | Rented | $2,400 | -3.8% | -- |
| 09/24/2019 09/24/19 | For Rent | $2,495 | 0.0% | -- |
| 08/28/2019 08/28/19 | Sold | $375,042 | 0.0% | $340 / Sq Ft |
| 03/20/2018 03/20/18 | Pending | -- | -- | -- |
| 03/15/2018 03/15/18 | For Sale | $374,900 | -- | $340 / 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 | $4,973 | $381,000 | $32,000 | $349,000 |
| 2022 | $5,086 | $360,000 | $31,000 | $329,000 |
| 2021 | $4,635 | $367,000 | $25,200 | $341,800 |
| 2020 | $1,573 | $346,500 | $25,200 | $321,300 |
| 2019 | $1,863 | $108,500 | $17,000 | $91,500 |
| 2018 | -- | $102,624 | $16,590 | $86,034 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Seebinger
-
Kris Schwab
Seller Co-Listing Agent in 2023
Kris Schwab
DRG
(614) 747-2242
6 in this area
55 Total Sales
-
Kerby Skurat
Buyer's Agent in 2023
Kerby Skurat
RE/MAX Results
(612) 812-9262
5 in this area
2,806 Total Sales
-
Dylan Welter
Buyer Co-Listing Agent in 2023
Dylan Welter
RE/MAX Results
(651) 387-3993
1 in this area
108 Total Sales
-
Tim Carson
Seller's Agent in 2022
Tim Carson
DRG
(612) 978-7385
1 Total Sale
-
Patrick Carson
P
Seller Co-Listing Agent in 2022
Patrick Carson
DRG
(612) 254-0149
16 in this area
162 Total Sales
Map
Similar Homes in the area
Source: NorthstarMLS
MLS Number: 6430056
APN: 26-029-24-11-0729
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