NOT LISTED FOR SALE

1240 S 2nd St Unit 708 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $442,000 - $560,000

2 Beds
2 Baths
1,084 Sq Ft
$447/Sq Ft Est. Value

About This Home

This home is located at 1240 S 2nd St Unit 708, Minneapolis, MN 55415 and is currently estimated at $484,782, approximately $447 per square foot. 1240 S 2nd St Unit 708 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Bought by
Current Estimated Value
$484,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Outstanding Balance
$333,980
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$150,802

Purchase Details

Closed on
Aug 16, 2019
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 All American Title Company
$150,000 None Available
$470,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $376,000
Closed $376,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,109 $417,000 $32,000 $385,000
2023 $5,312 $407,000 $32,000 $375,000
2022 $5,220 $370,000 $31,000 $339,000
2021 $4,728 $378,000 $25,200 $352,800
2020 $5,302 $356,500 $25,200 $331,300
2019 $1,863 $368,000 $17,000 $351,000
2018 -- $102,624 $16,590 $86,034
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 708, Minneapolis, MN

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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