COMING SOON
PRE-FORECLOSURE
The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.
1240 S 2nd St Unit 701 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated payment $5,975/month
Total Views
158
2
Beds
2
Baths
1,909
Sq Ft
$1,078/mo
HOA Fee
Highlights
- Sauna
- Community Garden
- 2 Car Attached Garage
- 185,914 Sq Ft lot
- Elevator
- Living Room
About This Home
Welcome to 1240 2nd Street South #701, the largest 2-bedroom floor plan in The Legacy. This exquisite condo offers a perfect blend of contemporary elegance and open space, bathed in natural light from its expansive south and east-facing windows. Step inside to discover upgraded cabinetry, sleek tile accents, and the warmth of real wood floors throughout. The gourmet kitchen boasts stunning granite countertops, making it ideal for both cooking and entertaining. Custom paint, contemporary lighting, and stylish plumbing fixtures add a touch of sophistication to every corner of your new home. With its spacious layout and abundance of natural light, this condo is a prime opportunity for both comfortable living and investment in the heart of Downtown Minneapolis. Don’t miss your chance to acquire this exceptional property!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,619
Year Built
- Built in 2017
HOA Fees
- $1,078 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Guest Parking
- Parking Garage Space
Interior Spaces
- 1,909 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2602924110781
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (691) 234-5951
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
- Car Wash Area
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,550 | $644,000 | $56,000 | $588,000 |
| 2022 | $7,439 | $666,000 | $53,000 | $613,000 |
| 2021 | $629 | $680,000 | $44,000 | $636,000 |
| 2020 | $2,718 | $197,000 | $43,700 | $153,300 |
| 2019 | $5,971 | $187,500 | $29,000 | $158,500 |
| 2018 | -- | $178,241 | $28,814 | $149,427 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Rented | $4,150 | 0.0% | -- |
| 06/06/2024 06/06/24 | For Rent | $4,150 | 0.0% | -- |
| 08/17/2022 08/17/22 | Rented | $4,150 | +3.9% | -- |
| 08/02/2022 08/02/22 | Under Contract | -- | -- | -- |
| 08/02/2022 08/02/22 | For Rent | $3,995 | 0.0% | -- |
| 03/06/2020 03/06/20 | Sold | $740,374 | +3.6% | $388 / Sq Ft |
| 08/20/2019 08/20/19 | Pending | -- | -- | -- |
| 08/16/2019 08/16/19 | For Sale | $714,900 | -- | $374 / Sq Ft |
Source: NorthstarMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $740,372 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,383 | VA | |
| Closed | $740,374 | VA |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6708500
APN: 26-029-24-11-0781
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