NOT LISTED FOR SALE

1240 S 2nd St Unit 607 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $436,183 - $455,000

2 Beds
2 Baths
1,062 Sq Ft
$418/Sq Ft Est. Value

About This Home

This home is located at 1240 S 2nd St Unit 607, Minneapolis, MN 55415 and is currently estimated at $443,728, approximately $417 per square foot. 1240 S 2nd St Unit 607 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Mccombs Jeffrey K and Mccombs Janice L
Bought by
Janice L Mccombs Trust
Current Estimated Value
$443,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Outstanding Balance
$354,797
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$88,931

Purchase Details

Closed on
Sep 20, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Mccombs Jeffrey K and Mccombs Janice L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Janice L Mccombs Trust $217,500 Trademark Title Services Inc
Johnson Alexander $217,500 Trademark Title Services Inc
Mccombs Jeffrey K $389,715 None Available
Johnson Alexander Alexander $217,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alexander $391,500
Closed Johnson Alexander Alexander $195,750
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $5,352 $370,000 $31,000 $339,000
2023 $4,837 $368,000 $31,000 $337,000
2022 $5,055 $360,000 $29,000 $331,000
2021 $4,584 $367,000 $24,000 $343,000
2020 $1,486 $346,500 $23,800 $322,700
2019 $1,764 $102,500 $16,000 $86,500
2018 -- $97,223 $15,717 $81,506
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 607, Minneapolis, MN

Not Listed for Sale

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