M
Seller's Agent in 2025
Michael Schepers
The Relocation Center
(612) 209-5059
1 in this area
17 Total Sales
521 2nd St SE Unit 204 Minneapolis, MN 55414
Marcy-Holmes Neighborhood
2
Beds
2
Baths
1,257
Sq Ft
$614/mo
HOA Fee
Highlights
- Deck
- Living Room
- Forced Air Heating and Cooling System
- Subterranean Parking
- 1-Story Property
- 3-minute walk to Father Hennepin Bluffs Park
About This Home
As of January 2025Welcome to Flour Sack Flats! This sunny, south-facing loft offers a unique blend of industrial aesthetics and contemporary living. Step inside to discover an inviting open layout that effortlessly combines style and functionality. The spacious primary bedroom boasts ample natural light, direct access to the balcony, and features an ensuite bath. The versatile second bedroom comes complete with a convenient Murphy bed, offering flexibility to utilize the space as a home office or guest room as needed. Enjoy your morning coffee or unwind after work on the balcony, where you can soak in the sunshine and take in the bustling city views. New furnace/AC in 2019. New LG washer and dryer in 2022. Enjoy an easy stroll to the Stone Arch Bridge and all the restaurants and shops in this vibrant riverfront area!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,223
Year Built
- Built in 2006
HOA Fees
- $614 Monthly HOA Fees
Parking
- Subterranean Parking
Interior Spaces
- 1,257 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Accessible Elevator Installed
- Deck
- Additional Parcels
Community Details
- Association fees include maintenance structure, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
- First Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1630 Flour Sack Flats Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302924410185
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2025
Sold by
Peterson Gregory Allen
Bought by
Peterson Gregory Allen and Gregory A Peterson Trust
Current Estimated Value
Purchase Details
Listed on
Jul 22, 2024
Closed on
Jan 3, 2025
Sold by
Ewest Joseph and Ewest Amanda
Bought by
Peterson Gregory Allen
Seller's Agent
Michael Schepers
The Relocation Center
Buyer's Agent
Scott Brownlee
National Realty Guild
List Price
$489,900
Sold Price
$461,000
Premium/Discount to List
-$28,900
-5.9%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.33%
Original Mortgage
$308,685
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2017
Sold by
Krug Ellen Jean
Bought by
Ewest Joseph and Ewest Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2008
Sold by
Flour Sack Flats Llc
Bought by
Krug Edward J
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Warranty Deed | $461,000 | Legacy Title | |
| Warranty Deed | $461,000 | Legacy Title | |
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | $329,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $308,685 | New Conventional | |
| Previous Owner | $367,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $461,000 | -2.9% | $367 / Sq Ft |
| 12/17/2024 12/17/24 | Pending | -- | -- | -- |
| 10/07/2024 10/07/24 | Price Changed | $474,900 | -1.0% | $378 / Sq Ft |
| 09/13/2024 09/13/24 | Price Changed | $479,900 | -1.0% | $382 / Sq Ft |
| 08/16/2024 08/16/24 | Price Changed | $484,900 | -1.0% | $386 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $489,900 | -- | $390 / 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 | $5,555 | $383,000 | $24,000 | $359,000 |
| 2023 | $5,247 | $402,000 | $24,000 | $378,000 |
| 2022 | $5,466 | $397,000 | $24,000 | $373,000 |
| 2021 | $5,276 | $394,500 | $24,000 | $370,500 |
| 2020 | $5,714 | $394,500 | $8,100 | $386,400 |
| 2019 | $5,641 | $394,500 | $8,100 | $386,400 |
| 2018 | $5,271 | $379,500 | $8,100 | $371,400 |
| 2017 | $5,035 | $327,000 | $8,100 | $318,900 |
| 2016 | $5,081 | $319,500 | $8,100 | $311,400 |
| 2015 | $4,951 | $296,500 | $8,100 | $288,400 |
| 2014 | -- | $283,500 | $8,100 | $275,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Schepers
-
Scott Brownlee
S
Buyer's Agent in 2025
Scott Brownlee
National Realty Guild
1 in this area
30 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6573205
APN: 23-029-24-41-0059
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