Seller's Agent in 2022
Shae Hanson
Keller Williams Realty Integrity Lakes
(612) 730-7013
1 in this area
201 Total Sales
1240 S 2nd St Unit 727 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $440,000 - $516,000
2
Beds
2
Baths
1,189
Sq Ft
$592/mo
HOA Fee
Highlights
- Heated In Ground Pool
- 185,914 Sq Ft lot
- Elevator
- Sauna
- Main Floor Primary Bedroom
- 1 Car Attached Garage
About This Home
As of June 2022"Luxury must be comfortable, otherwise it is not luxury" -Coco Chanel. The Legacy, a newer luxury condominium community that brings you style, convenience & comfort. Here you will find amenities galore, most notably the rooftop terrace with a pool & hot, game room with a golf simulator, fitness/yoga & weight rooms, sauna, playground, dog grooming & dog run. This 7th floor, south-facing unit delivers on skyline, panoramic views and a bright & airy feel with its extra tall ceilings. The modern, neutral color palette invites you to bring your style and easily make yourself at home. You will love the large entry closet & laundry room. The owner's suite has a massive walk-in closet and a private bath with a step-in shower & double vanity. Underground parking too! In Minneapolis' Mill District, this condo is in the heart of the city's vibrant culture, next to Gold Medal Park, near Stone Arch Bridge & the Mississippi, The Guthrie, US Bank Stadium & many renown restaurants. Pet friendly!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,713
Year Built
- Built in 2018
Lot Details
- Additional Parcels
HOA Fees
- $592 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Interior Spaces
- 1,189 Sq Ft Home
- 2-Story Property
- Living Room
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Heated In Ground Pool
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2602924110807
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, trash, security, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 227-2700
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2022
Closed on
Jun 3, 2022
Sold by
Rhodes Zachary and Rhodes Kendra
Bought by
Broten Myron and Broten Hiedy
Seller's Agent
Shae Hanson
Keller Williams Realty Integrity Lakes
Buyer's Agent
Kevinn Tam
RE/MAX Results
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Total Days on Market
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
$46,752
Avg. Annual Appreciation
4.67%
Original Mortgage
$249,000
Outstanding Balance
$238,300
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$236,070
Purchase Details
Listed on
Apr 7, 2022
Closed on
May 31, 2022
Sold by
Rhodes and Kendra
Bought by
Broten Myron R and Broten Hiedy F
Seller's Agent
Shae Hanson
Keller Williams Realty Integrity Lakes
Buyer's Agent
Kevinn Tam
RE/MAX Results
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$238,300
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$236,070
Purchase Details
Listed on
Aug 31, 2018
Closed on
Mar 14, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Rhodes Kendra and Rhodes Zachary
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
Buyer's Agent
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
List Price
$399,900
Sold Price
$412,448
Premium/Discount to List
$12,548
3.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$329,958
Interest Rate
4.4%
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 |
|---|---|---|---|
| Broten Myron | $415,000 | -- | |
| Broten Myron R | $415,000 | Dca Title | |
| Rhodes Kendra | $412,448 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Broten Myron | $249,000 | |
| Closed | Broten Myron R | $249,000 | |
| Previous Owner | Rhodes Kendra | $330,000 | |
| Previous Owner | Rhodes Kendra | $329,958 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $415,000 | 0.0% | $349 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | Price Changed | $415,000 | -3.5% | $349 / Sq Ft |
| 04/07/2022 04/07/22 | For Sale | $429,900 | 0.0% | $362 / Sq Ft |
| 09/19/2020 09/19/20 | Rented | $2,355 | -9.2% | -- |
| 08/03/2020 08/03/20 | Price Changed | $2,595 | -3.7% | $2 / Sq Ft |
| 07/16/2020 07/16/20 | Price Changed | $2,695 | -3.8% | $2 / Sq Ft |
| 07/05/2020 07/05/20 | For Rent | $2,800 | 0.0% | -- |
| 03/14/2019 03/14/19 | Sold | $412,448 | +3.1% | $377 / Sq Ft |
| 09/05/2018 09/05/18 | Pending | -- | -- | -- |
| 08/31/2018 08/31/18 | For Sale | $399,900 | -- | $366 / 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 | $5,534 | $424,000 | $36,000 | $388,000 |
| 2022 | $5,445 | $385,000 | $34,000 | $351,000 |
| 2021 | $4,938 | $393,000 | $28,000 | $365,000 |
| 2020 | $1,415 | $371,000 | $27,800 | $343,200 |
| 2019 | $2,059 | $119,500 | $18,500 | $101,000 |
| 2018 | -- | $113,426 | $18,336 | $95,090 |
Source: Public Records
Agents Affiliated with this Home
-
Shae Hanson
-
Kevinn Tam
Buyer's Agent in 2022
Kevinn Tam
RE/MAX Results
(612) 987-1400
2 in this area
36 Total Sales
-
Blake Hanson
Seller's Agent in 2020
Blake Hanson
Keller Williams Realty Integrity Lakes
(651) 485-3635
26 Total Sales
-
Colleen J. Ratzlaff-LaBeau
Seller's Agent in 2019
Colleen J. Ratzlaff-LaBeau
RE/MAX Advantage Plus
(952) 985-4170
34 in this area
87 Total Sales
Map
Similar Homes in the area
Source: NorthstarMLS
MLS Number: 6140758
APN: 26-029-24-11-0807
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1240 S 2nd St Unit 906
- 1240 S 2nd St Unit 1004
- 1240 S 2nd St Unit 526
- 1240 S 2nd St Unit 711
- 1240 S 2nd St Unit 701
- 1240 S 2nd St Unit 1604
- 1240 S 2nd St Unit 826
- 1240 S 2nd St Unit 1226
- 1240 S 2nd St Unit 329
- 1240 S 2nd St Unit 1325
- 1240 S 2nd St Unit 725
- 1240 S 2nd St Unit 808
- 1240 S 2nd St Unit 704
- 1240 S 2nd St Unit 524
- 1240 S 2nd St Unit 1003
- 1111 W River Pkwy Unit 8D
- 1111 W River Pkwy Unit 11D
- 1111 W River Pkwy Unit 22C
- 1111 W River Pkwy Unit 26B
- 1111 W River Pkwy Unit 26C