$578,000 - $649,000
RENTED OCT 1, 2024

1240 S 2nd St Unit 612 Minneapolis, MN 55415

Downtown East Neighborhood
2 Beds
2 Baths
1,517 Sq Ft
$407 Price per Sq Ft

Last Sold August 11, 2024

Last sale price $623,000 $411 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,102/month

About This Home

As of August 2024

PANORAMIC VIEWS WITH THE BEST AMENITIES IN MSP AND A 24 HOUR RECEPTIONIST. Rent includes utilities (except electricity), 2 car heated parking and internet.
Welcome to a stunning 1,517 sq ft home in the new Legacy resort next to Gold Medal Park. The unit boasts a luxurious primary suite with walk-in closet, a generous second bedroom and ample closet space. Both bathrooms feature high-end fixtures, the living room has hardwood floors and floor-to-ceiling windows with breathtaking River and downtown views. Enjoy morning coffee, BBQ or a glass of wine from your private balcony. The gourmet kitchen is equipped with stainless steel appliances, quartz countertops, sleep cabinetry, and an island. You'll have access to two state-of-the-art fitness centers, pool, hot tub, sauna, golf simulator, plush work and party spaces, and a gorgeous terrace. Walk to parks, the River, Guthrie, Trader Joe's, the farmers market, independent bookstores, and restaurants. Don't miss this opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Aug 5, 2024
Sold by
Maram Girish and Vani Doma Divya
Bought by
Bhasin Sanjay and Bhasin Ramaa
Seller's Agent
Ana Maria Vogler
Coldwell Banker Realty
Sold Price
$3,195
Views
28
Current Estimated Value
$617,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,270
Avg. Annual Appreciation
-1.10%

Purchase Details

Closed on
May 30, 2019
Sold by
Riverdale Vantures Legacy Llc
Bought by
Maram Girish Kumar and Doma Divya Vani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bhasin Sanjay $623,000 --
Maram Girish Kumar $543,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maram Girish Kumar $484,000
Previous Owner Maram Girish Kumar $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $3,195 0.0% --
09/07/2024 09/07/24 Price Changed $3,195 -4.6% $2 / Sq Ft
08/28/2024 08/28/24 Price Changed $3,350 -5.6% $2 / Sq Ft
08/26/2024 08/26/24 Price Changed $3,550 -1.1% $2 / Sq Ft
08/15/2024 08/15/24 Price Changed $3,590 0.0% $2 / Sq Ft
08/11/2024 08/11/24 Sold $623,000 0.0% $411 / Sq Ft
08/09/2024 08/09/24 For Rent $3,795 0.0% --
08/05/2024 08/05/24 Pending -- -- --
07/29/2024 07/29/24 Off Market $623,000 -- --
06/22/2024 06/22/24 For Sale $649,900 -- $428 / Sq Ft

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
2023 $7,631 $564,000 $44,000 $520,000
2022 $7,389 $516,000 $42,000 $474,000
2021 $6,648 $527,000 $34,400 $492,600
2020 $2,145 $497,000 $34,400 $462,600
2019 $2,548 $148,000 $23,000 $125,000
2018 -- $140,433 $22,702 $117,731
Source: Public Records

Agents Affiliated with this Home

  • Ana Maria Vogler

    Seller's Agent in 2024

    Ana Maria Vogler

    Coldwell Banker Burnet

    (651) 235-4230

    12 in this area

    101 Total Sales

    Ana Maria Vogler
    Section Image
  • Mike Seebinger

    Seller's Agent in 2024

    Mike Seebinger

    DRG

    (612) 807-4958

    16 in this area

    286 Total Sales

    Mike Seebinger
    Section Image
  • Kris Schwab

    Seller Co-Listing Agent in 2024

    Kris Schwab

    DRG

    (614) 747-2242

    6 in this area

    60 Total Sales

    Kris Schwab
    Section Image
  • Fritz Kroll

    Buyer's Agent in 2024

    Fritz Kroll

    Edina Realty, Inc.

    (612) 347-8088

    13 in this area

    189 Total Sales

    Fritz Kroll
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 612, Minneapolis, MN

This home is located at 1240 S 2nd St Unit 612, Minneapolis, MN 55415 and is currently estimated at $617,465, approximately $407 per square foot. 1240 S 2nd St Unit 612 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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