Seller's Agent in 2024
Paige Gunvalson
Engel & Volkers Lake Minnetonka
(701) 388-3034
1 in this area
42 Total Sales
1240 S 2nd St Unit 522 Minneapolis, MN 55415
Downtown East Neighborhood
2
Beds
2
Baths
1,410
Sq Ft
$850/mo
HOA Fee
Highlights
- In Ground Pool
- City View
- Patio
- Sauna
- Elevator
- 4-minute walk to Gold Medal Park
About This Home
As of October 2024Welcome to luxury living at The Legacy. This one of a kind modern upscale condo features a gorgeous waterfall quartz island, warm brushed oak floors, custom closets, beautiful millwork, stainless steel appliances, built-in beverage refrigerator, and wonderful downtown views. 24 hour front lobby security, golf simulator, gym, sauna, outdoor pool and hot tub, dog park, dog wash, underground heated parking with 2 dedicated spaces for the unit, and a beautiful brand new lobby are just some of the amazing amenities here. Come take a look and experience first hand this one of a kind home.
Last Agent to Sell the Property
Engel & Volkers Lake Minnetonka Listed on: 08/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,895
Year Built
- Built in 2019
HOA Fees
- $850 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Common or Shared Parking
- Garage Door Opener
- Assigned Parking
Interior Spaces
- 1,410 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Patio
Additional Features
- Zero Lot Line
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110736
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
- 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
Aug 8, 2024
Closed on
Oct 23, 2024
Sold by
Zhang Yuchen and Husmann John
Bought by
Thomas J Poul Revocable Trust and Mojdeh Poul Revocable Trust
Seller's Agent
Paige Gunvalson
Engel & Volkers Lake Minnetonka
Buyer's Agent
Matt Baker
Coldwell Banker Realty
List Price
$625,000
Sold Price
$607,500
Premium/Discount to List
-$17,500
-2.8%
Views
6
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
$2,885
Avg. Annual Appreciation
-1.03%
Purchase Details
Closed on
Dec 4, 2019
Sold by
Kraling Michael J
Bought by
Riverdale Ventures Legacy Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,590
Interest Rate
3.6%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $607,500 | All American Title | |
| Deed | $607,500 | -- | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $560,591 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $452,000 | New Conventional | |
| Previous Owner | $410,590 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $607,500 | -2.8% | $431 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $625,000 | -- | $443 / 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 | $6,973 | $523,000 | $43,000 | $480,000 |
| 2022 | $6,722 | $475,000 | $40,000 | $435,000 |
| 2021 | $6,126 | $485,000 | $33,100 | $451,900 |
| 2020 | $2,058 | $458,000 | $33,100 | $424,900 |
| 2019 | $2,451 | $142,000 | $22,000 | $120,000 |
| 2018 | -- | $135,032 | $21,829 | $113,203 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Gunvalson
-
Matt Baker
Buyer's Agent in 2024
Matt Baker
Coldwell Banker Burnet
(612) 860-4222
1 in this area
54 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6580533
APN: 26-029-24-11-0736
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