NOT LISTED FOR SALE

1240 S 2nd St Unit 832 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $712,542

3 Beds
2 Baths
1,672 Sq Ft
2019 Built

Highlights

  • In Ground Pool
  • Subterranean Parking
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Amazing views and incredible value from this 3BR, 2BA, 2Pkg Legacy Condo with all utilities except electric included. Walking in you’ll notice the wall of windows, hardwood flooring, huge laundry/storage room, large balcony with gas grill hook-up, and ample closet space throughout. Kitchen features quartz countertops, stylish tiled backsplash and melamine cabinets, large island, gas oven, and stainless steel appliances. Legacy is located steps from Gold Medal Park and the riverfront in the Mill District. Residents enjoy indoor heated guest parking, secure access, 24/7 front desk staff, community patio, community room, outdoor pool & jacuzzi, cardio center, weight room, game room w/golf simulator, playground, dog run, pet washing stations and more. Included with rent: 2 indoor heated parking stalls, storage unit, basic cable & internet; gas, water/sewer/trash; tenant responsible for electricity. App Fee: $78; Admin Fee: $150; Move-in fee: $805.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 06/25/2024

Co-Listed By

Patrick Carson

DRG

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Parking

  • Subterranean Parking
  • Heated Garage

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/24
  • The owner pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 2602924110845

Community Details

Overview

  • No Home Owners Association
  • High-Rise Community
  • Legacy Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 2019

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-08-01
  • Lease Price: 3995.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 3995.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Standard Status: Closed
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1672
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1672
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1672.00
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • Neighborhood: Downtown East

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2602924110845

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
Oct 1, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Current Estimated Value
$712,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,500
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown East, MN

  • James Adams Real Estate Agent - Pemberton RE

    James Adams

    Pemberton RE

    (833) 437-2974

    55 Total Sales

    1 in Downtown East

    $440,000 Price

    James Adams
     Section Image
  • Joe Grunnet Real Estate Agent - DRG

    Joe Grunnet

    DRG

    (612) 482-7945

    56 Total Sales

    1 in Downtown East

    $435,000 Price

    Joe Grunnet
     Section Image
  • Devon White Real Estate Agent - DRG

    Devon White

    DRG

    (218) 513-2580

    12 Total Sales

    2 in Downtown East

    $280K - $525K Price Range

    Devon White
     Section Image
  • Joe Lindsay Real Estate Agent - Edina Realty, Inc.

    Joe Lindsay

    Edina Realty, Inc.

    (833) 359-7544

    44 Total Sales

    1 in Downtown East

    $475,000 Price

    Joe Lindsay
     Section Image
  • Barbara Brin Real Estate Agent - Coldwell Banker Realty - Lakes

    Barbara Brin

    Responds Quickly

    Coldwell Banker Realty - Lakes

    (612) 502-7853

    121 Total Sales

    1 in Downtown East

    $1,620,000 Price

    Barbara Brin
     Section Image
  • Jeff Vanderlinde Real Estate Agent - Vanderlinde Group | Edge Realty, Inc.

    Jeff Vanderlinde

    Responds Quickly

    Vanderlinde Group | Edge Realty, Inc.

    (612) 448-3557

    457 Total Sales

    1 in Downtown East

    $690,000 Price

    Jeff Vanderlinde
     Section Image
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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
$713,809 None Available
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 $579,200
Closed Au Chun Xing $603,500
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Rented $3,995 0.0% --
06/25/2024 06/25/24 For Rent $3,995 -- --
Source: NorthstarMLS

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
2025 $10,589 $650,000 $49,000 $601,000
2024 $10,172 $650,000 $49,000 $601,000
2023 $8,873 $641,000 $49,000 $592,000
2022 $9,580 $643,000 $47,000 $596,000
2021 $8,623 $656,000 $38,400 $617,600
2020 $2,392 $618,500 $38,400 $580,100
2019 $2,843 $165,000 $25,500 $139,500
2018 -- $156,636 $25,321 $131,315
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson Real Estate Agent - DRG

    Landlord's Agent in 2024

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • PC

    Landlord's Co-Listing Agent in 2024

    Patrick Carson

    DRG

    (612) 254-0149

    19 in this area

    204 Total Sales

    Patrick Carson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6559713

NorthstarMLS

APN: 26-029-24-11-0845

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 832, 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.

NorthstarMLS 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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