1240 S 2nd St Unit 727 Minneapolis, MN 55415
Downtown East Neighborhood
2
Beds
2
Baths
1,093
Sq Ft
4.27
Acres
Highlights
- Above Ground Pool
- Wood Flooring
- Balcony
- Sauna
- Elevator
- Woodwork
About This Home
As of June 2022This home is located at 1240 S 2nd St Unit 727, Minneapolis, MN 55415 and is currently priced at $412,448, approximately $377 per square foot. This property was built in 2018. 1240 S 2nd St Unit 727 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,534
Year Built
- Built in 2018
Lot Details
- Zero Lot Line
HOA Fees
- $464 Monthly HOA Fees
Parking
- 1 Car Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
Home Design
- Property Attached
- Flat Roof Shape
- Stone Siding
Interior Spaces
- 1,093 Sq Ft Home
- 1-Story Property
- Woodwork
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Pool
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 2602924110807
Community Details
Overview
- Association fees include air conditioning, building exterior, hazard insurance, heating, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
- First Service Residential Association
- Legacy Lofts Community
- The Legacy Subdivision
- Car Wash Area
Amenities
- Elevator
Recreation
- Community Pool
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
5
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
3.71%
Original Mortgage
$249,000
Outstanding Balance
$238,300
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$223,452
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
$223,452
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
Map
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | -- | |
| Warranty Deed | $415,000 | Dca Title | |
| Warranty Deed | $412,448 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,000 | New Conventional | |
| Closed | $249,000 | New Conventional | |
| Previous Owner | $330,000 | New Conventional | |
| Previous Owner | $329,958 | New Conventional |
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
| 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
Source: NorthstarMLS
MLS Number: NST4999034
APN: 26-029-24-11-0807
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