Seller's Agent in 2024
Francesco Marraffa
KILT Real Estate, LLC
(612) 807-9876
1 in this area
170 Total Sales
1240 S 2nd St Unit 903 Minneapolis, MN 55415
Downtown East NeighborhoodEstimated Value: $541,000 - $608,760
2
Beds
2
Baths
1,407
Sq Ft
$785/mo
HOA Fee
Highlights
- Above Ground Pool
- City View
- Den
- Sauna
- Deck
- 4-minute walk to Gold Medal Park
About This Home
As of January 2024Beautiful 2 bed/ 2bath with fantastic East facing views. Primary suite has large windows, walk-in closet with custom built-ins, and bathroom with dual vanity and a walk-in shower. Open layout looks onto large balcony overlooking the city. Includes in-unit washer and dryer, two car underground heated garage spaces, and a climate controlled storage unit. Legacy Lofts has premier amenities: outdoor pool and jacuzzi, cardio room with exercise studio, separate weight room, large community room, game room, golf simulator, playground, 2 pet washing stations, dog run, and indoor pet relief area. 24/7 front desk staff. Just painted and professionally cleaned. Parking spots are numbers 3109 and 3110
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,158
Year Built
- Built in 2018
Lot Details
- 4.27
HOA Fees
- $785 Monthly HOA Fees
Parking
- 2 Car Garage
- Varies By Unit
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,407 Sq Ft Home
- 1-Story Property
- Living Room
- Den
- Sauna
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Pool
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2602924110849
Community Details
Overview
- Association fees include air conditioning, maintenance structure, hazard insurance, heating, ground maintenance, professional mgmt, trash, shared amenities, lawn care, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- The Legacy Subdivision
- Car Wash Area
Amenities
- Elevator
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2024
Sold by
Kreps Sara B
Bought by
Sara B Kreps Revocable Living Trust and Kreps
Current Estimated Value
Purchase Details
Listed on
Jul 14, 2023
Closed on
Jan 5, 2024
Sold by
Saliterman Paul and Lalla Joumana
Bought by
Kreps Sara
Seller's Agent
Francesco Marraffa
KILT Real Estate, LLC
Buyer's Agent
Brad McNamara
Compass
List Price
$550,000
Sold Price
$554,500
Premium/Discount to List
$4,500
0.82%
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Purchase Details
Closed on
Mar 29, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Saliterman Paul and El Alaori Lalle Jaumana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,617
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Sara B Kreps Revocable Living Trust | $500 | None Listed On Document | |
| Kreps Sara | $550,000 | Legacy Title | |
| Saliterman Paul | $575,773 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Saliterman Paul | $460,617 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $554,500 | +0.8% | $394 / Sq Ft |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $550,000 | 0.0% | $391 / Sq Ft |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | Price Changed | $550,000 | -8.3% | $391 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $600,000 | -- | $426 / 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 |
|---|---|---|---|---|
| 2024 | $7,546 | $506,000 | $41,000 | $465,000 |
| 2023 | $6,746 | $509,000 | $41,000 | $468,000 |
| 2022 | $7,729 | $536,000 | $39,000 | $497,000 |
| 2021 | $6,957 | $547,000 | $32,000 | $515,000 |
| 2020 | $1,978 | $516,500 | $31,800 | $484,700 |
| 2019 | $2,352 | $136,500 | $21,000 | $115,500 |
| 2018 | -- | $129,630 | $20,956 | $108,674 |
Source: Public Records
Agents Affiliated with this Home
-
Francesco Marraffa
-
Lisbeth Mingo
Seller Co-Listing Agent in 2024
Lisbeth Mingo
KILT Real Estate, LLC
(612) 968-6023
1 in this area
56 Total Sales
-
Brad McNamara
Buyer's Agent in 2024
Brad McNamara
Compass
(612) 805-8785
2 in this area
167 Total Sales
-
Meghan McNamara Roberts
Buyer Co-Listing Agent in 2024
Meghan McNamara Roberts
Compass
(612) 875-1195
2 in this area
187 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6391645
APN: 26-029-24-11-0849
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