1240 S 2nd St Unit 605 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $530,000 - $741,000
2
Beds
2
Baths
1,542
Sq Ft
$867/mo
HOA Fee
Highlights
- Above Ground Pool
- Den
- Patio
- Sauna
- Elevator
- Living Room
About This Home
As of July 2023Introducing the Mill District's finest offering, The Legacy! This modern gem was recently completed in 2018 and boasts a 2 bedroom plus den, 2 bathroom, and 2 parking spaces. The condo is in pristine condition and has been upgraded with the latest features, making it stand out from the crowd. Enjoy stunning Eastern sunrise exposure with great light throughout the unit and on the balcony, which has a gas hookup for your grill. The spacious den and large windows in both bedrooms make for a highly desirable floorplan. With a plethora of amenities including a pool, hot tub, community rooms, 2 fitness rooms, dog spa, game room, golf simulator, and more, Legacy is truly an exceptional value. This unit also comes with two indoor temperature-controlled parking stalls and a large storage unit for your convenience. It is move-in ready and eagerly waiting for its new owner! Don't miss out on this incredible opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,782
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $867 Monthly HOA Fees
Parking
- 2 Car Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,542 Sq Ft Home
- 1-Story Property
- Living Room
- Den
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Pool
- Patio
Additional Features
- Zero Lot Line
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110752
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, shared amenities, lawn care, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Legacy Subdivision
- Car Wash Area
Amenities
- Elevator
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
Jul 12, 2023
Sold by
Pool Rebecca Lynn and Pool Eric Anthony
Bought by
Matthiesen Casey
Seller's Agent
Kent Pitlick
Compass
Buyer's Agent
Brooks Borrell
Compass
List Price
$629,900
Sold Price
$595,000
Premium/Discount to List
-$34,900
-5.54%
Views
129
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
$22,798
Avg. Annual Appreciation
1.97%
Original Mortgage
$476,000
Outstanding Balance
$466,789
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$151,009
Purchase Details
Closed on
Jun 4, 2019
Sold by
Kraling Michael J
Bought by
Riverdale Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,600
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 5, 2019
Sold by
Riverdale Ventures Lagacy Llc
Bought by
Lauria Banta Eric Anthony and Peot Rebecca Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,600
Interest Rate
3.62%
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 |
|---|---|---|---|
| Matthiesen Casey | $595,000 | Titlenexus | |
| Riverdale Ventures Llc | -- | None Listed On Document | |
| Lauria Banta Eric Anthony | $566,327 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matthiesen Casey | $476,000 | |
| Previous Owner | Lauria Banta Eric Anthony | $509,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2023 07/17/23 | Sold | $595,000 | -3.3% | $386 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | Price Changed | $615,000 | -1.6% | $399 / Sq Ft |
| 05/01/2023 05/01/23 | Price Changed | $625,000 | -0.8% | $405 / Sq Ft |
| 04/04/2023 04/04/23 | For Sale | $629,900 | -- | $408 / 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 | $6,782 | $516,000 | $46,000 | $470,000 |
| 2022 | $7,559 | $526,000 | $43,000 | $483,000 |
| 2021 | $6,794 | $537,000 | $36,000 | $501,000 |
| 2020 | $2,232 | $506,500 | $35,800 | $470,700 |
| 2019 | $2,647 | $154,000 | $24,000 | $130,000 |
| 2018 | -- | $145,834 | $23,575 | $122,259 |
Source: Public Records
Agents Affiliated with this Home
-
Kent Pitlick
Seller's Agent in 2023
Kent Pitlick
Compass
(651) 472-1101
20 in this area
102 Total Sales
-
Brooks Borrell
Buyer's Agent in 2023
Brooks Borrell
Compass
(612) 414-8207
9 in this area
47 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6349998
APN: 26-029-24-11-0752
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