Seller's Agent in 2025
Emily Cox
LaBelle Real Estate Group Inc
(651) 755-5789
1 in this area
84 Total Sales
1240 S 2nd St Unit 725 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $472,000 - $478,000
2
Beds
2
Baths
1,143
Sq Ft
$698/mo
HOA Fee
Highlights
- In Ground Pool
- City View
- Elevator
- Sauna
- 185,914 Sq Ft lot
- 4-minute walk to Gold Medal Park
About This Home
As of May 2025What a community and location, highly accessible building...enjoy close proximity to US Bank Stadium, the River and Stone Arch Bridge! Very well kept 2-bedroom, 2 bathroom condo is the perfect blend of modern and industrial architecture featuring 9 ’ ceilings, hardwood floors, quartz surfaces, and floor to ceiling windows and 2 parking spaces with super convenient location near elevator. The open concept floorplan offers flexible spaces with fabulous entertaining options and stunning views from nearly every room. The kitchen boasts stainless appliances, a huge quartz island with seating overlooking the living and dining spaces. Spacious primary suite with ensuite bathroom. A secondary bedroom, which would make for a great office, with adjacent full bath, is just down the hall. Stackable in-unit laundry room offers additional storage, too. The underground, heated parking stall is in an ultra-convenient location, next to the elevators. Resort like amenities at The Legacy are above and beyond and include a courtyard with greenspace, in-ground pool, hot tub, patios, firepits, grilling areas, lawn bowling and a dog run plus exercise/fitness room, sauna, golf simulator, game room, lounge and SO much more! An incredible opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,404
Year Built
- Built in 2017
Lot Details
- 4.27
HOA Fees
- $698 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Interior Spaces
- 1,143 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- City Views
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110805
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, 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 (952) 227-2700
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
- Car Wash Area
Recreation
- Community Pool
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
May 27, 2025
Sold by
West Nancy
Bought by
Dissanayake Ruwan R and Jayasundara Dhyani K
Seller's Agent
Emily Cox
LaBelle Real Estate Group Inc
Buyer's Agent
Patrick White
RE/MAX Results
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
25
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
$4,118
Avg. Annual Appreciation
2.85%
Original Mortgage
$352,500
Outstanding Balance
$351,898
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$122,220
Purchase Details
Listed on
Apr 10, 2023
Closed on
May 17, 2023
Sold by
Luhring Jeffrey A and Luhring Sheryll L
Bought by
West Nancy
Seller's Agent
Mike Ross
Edina Realty, Inc.
Buyer's Agent
Krista Forsberg
Keller Williams Realty Integrity
List Price
$479,900
Sold Price
$479,900
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$335,930
Interest Rate
6.39%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Dissanayake Ruwan R | $470,000 | First American Title | |
| West Nancy | $479,900 | All American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dissanayake Ruwan R | $352,500 | |
| Previous Owner | West Nancy | $335,930 | |
| Previous Owner | Luhring Jeffrey A | $412,303 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $470,000 | -1.1% | $411 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | For Sale | $475,000 | -1.0% | $416 / Sq Ft |
| 05/26/2023 05/26/23 | Sold | $479,900 | 0.0% | $420 / Sq Ft |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $479,900 | -- | $420 / 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 | $5,404 | $414,000 | $34,000 | $380,000 |
| 2022 | $5,585 | $395,000 | $32,000 | $363,000 |
| 2021 | $5,090 | $403,000 | $26,500 | $376,500 |
| 2020 | $5,696 | $380,500 | $26,500 | $354,000 |
| 2019 | $1,960 | $393,000 | $17,500 | $375,500 |
| 2018 | -- | $108,025 | $17,463 | $90,562 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Cox
-
Patrick White
Buyer's Agent in 2025
Patrick White
RE/MAX Results
(763) 245-4067
25 in this area
42 Total Sales
-
Mike Ross
Seller's Agent in 2023
Mike Ross
Edina Realty, Inc.
(612) 741-1668
2 in this area
96 Total Sales
-
Krista Forsberg
Buyer's Agent in 2023
Krista Forsberg
Keller Williams Realty Integrity
(612) 532-0212
1 in this area
135 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6656168
APN: 26-029-24-11-0805
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