Seller's Agent in 2023
Erik Sward
eXp Realty
(612) 810-1121
2 in this area
57 Total Sales
1240 S 2nd St Unit 801 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $612,000 - $796,000
2
Beds
2
Baths
1,909
Sq Ft
$1,085/mo
HOA Fee
Highlights
- Heated In Ground Pool
- 185,914 Sq Ft lot
- Stainless Steel Appliances
- Sauna
- Elevator
- The kitchen features windows
About This Home
As of October 2023Overlooking US Bank Stadium and the Minneapolis skyline, this coveted corner unit offers it all. From views, building amenities, walkability and accessibility to downtown landmarks, the Legacy Condominiums offers what you dream of downtown living to be.
Take the elevator to the 8th floor from two conveniently located parking spaces included with the property. Open the door to experience the properties' impressive floor to ceiling windows that provide expansive panoramic views overlooking the city. The 2 bedroom, 2 bathroom condo offers modern kitchen amenities, along with a master that includes a walk thru closet to a luxurious bathroom with a spacious shower and duel vanity. The expansive open concept is ideal for entertaining; as is the pool, hot tub, bonfire, golf simulator, entertainment room, sauna, gym and additional common spaces. We look forward to having you call this place home.
Also available for rent at $5,500 a month!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,565
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $1,085 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Guest Parking
- Parking Garage Space
Interior Spaces
- 1,909 Sq Ft Home
- 1-Story Property
- Living Room
- Sauna
- Basement
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Pool
- Heated In Ground Pool
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 2602924110814
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
- Firstservice Residential Association, Phone Number (612) 345-7951
- High-Rise Condominium
- Cic 2057 Legacy Lofts A Condo Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2023
Closed on
Oct 6, 2023
Sold by
Shields Nathan and Shields Jessica
Bought by
Thompson Holly
Seller's Agent
Erik Sward
eXp Realty
Buyer's Agent
Dawnn Eldredge
Edina Realty, Inc.
List Price
$749,999
Sold Price
$732,000
Premium/Discount to List
-$17,999
-2.4%
Total Days on Market
4
Views
19
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
-$1,484
Avg. Annual Appreciation
-0.13%
Original Mortgage
$622,200
Outstanding Balance
$612,964
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$117,552
Purchase Details
Closed on
Oct 16, 2020
Sold by
Shields Nathan and Shields Jessica
Bought by
Shields Nathan and Shields Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 7, 2018
Closed on
Jun 4, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Shields Nathan
Seller's Agent
Colleen J. Ratzlaff-LaBeau
Re/Max Advantage Plus
List Price
$712,400
Sold Price
$756,903
Premium/Discount to List
$44,503
6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$681,212
Interest Rate
4.2%
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 |
|---|---|---|---|
| Thompson Holly | $732,000 | -- | |
| Shields Nathan | -- | Chicago Title Insurance Co | |
| Shields Nathan | $756,903 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Holly | $622,200 | |
| Previous Owner | Shields Nathan | $172,000 | |
| Previous Owner | Shields Nathan | $172,000 | |
| Previous Owner | Shields Nathan | $510,400 | |
| Previous Owner | Shields Nathan | $681,212 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $732,000 | -2.4% | $383 / Sq Ft |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- |
| 08/05/2023 08/05/23 | For Sale | $749,999 | -0.9% | $393 / Sq Ft |
| 06/04/2019 06/04/19 | Sold | $756,903 | +6.2% | $396 / Sq Ft |
| 08/09/2018 08/09/18 | Pending | -- | -- | -- |
| 08/07/2018 08/07/18 | For Sale | $712,400 | -- | $373 / 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 | $9,166 | $665,000 | $56,000 | $609,000 |
| 2022 | $10,565 | $700,000 | $53,000 | $647,000 |
| 2021 | $9,530 | $714,000 | $44,000 | $670,000 |
| 2020 | $2,718 | $674,000 | $43,700 | $630,300 |
| 2019 | $3,235 | $187,500 | $29,000 | $158,500 |
| 2018 | -- | $178,241 | $28,814 | $149,427 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Sward
-
Dawnn Eldredge
Buyer's Agent in 2023
Dawnn Eldredge
Edina Realty, Inc.
(612) 990-7638
2 in this area
115 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 Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6413339
APN: 26-029-24-11-0814
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