521 2nd St SE Unit 407 Minneapolis, MN 55414
Marcy-Holmes Neighborhood
1
Bed
1
Bath
813
Sq Ft
$452/mo
HOA Fee
Highlights
- 32,670 Sq Ft lot
- Community Garden
- Stainless Steel Appliances
- Main Floor Primary Bedroom
- Elevator
- Patio
About This Home
As of June 2025Live the Urban Dream at Flour Sack Flats! Experience the ultimate blend of style, convenience, and vibrant city living in this beautifully designed 1-bedroom, 1-bathroom condo at the highly desirable Flour Sack Flats. Perfectly situated just steps from the bustling St. Anthony Main/Riverplace, Stone Arch Bridge, and Restaurant Alma, this prime location offers effortless access to downtown Minneapolis, public transportation, and the area's extensive parks and trails. Imagine walking to Vikings games and concerts at U.S. Bank Stadium, catching a show at the Guthrie Theater, or simply soaking in the energy of city life - all right at your doorstep! This stylish condo features an open-concept layout with a spacious kitchen boasting granite countertops, stainless steel appliances, and an informal dining area - ideal for entertaining or everyday living. Hardwood flooring throughout the home creates a warm, inviting ambiance, while the generously sized bedroom offers a walk-in closet and in-unit laundry for maximum convenience. Step outside to your private deck or enjoy the building's impressive amenities, including a beautifully landscaped shared garden courtyard a few floors below and the charming gazebo area on the second floor. The building also ensures peace of mind with a secured entry system. Your purchase includes one secure, heated garage parking space (Parking #69) and a storage locker (Storage #3) conveniently located in the garage storage room (please note this is a separate PID). Don't wait! Set up your chance to tour this home and be one step closer to living the urban dream!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,120
Year Built
- Built in 2006
HOA Fees
- $452 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 813 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2302924410090
Community Details
Overview
- Association fees include maintenance structure, controlled access, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, sewer, shared amenities, snow removal
- First Services Residential Brian Droske Association, Phone Number (952) 227-2700
- High-Rise Condominium
- Cic 1630 Flour Sack Flats Condo Subdivision
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2019
Sold by
Downing David R
Bought by
Mundstock Alex W and Aufdembrink Lauren M
Total Days on Market
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$210,687
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$113,593
Similar Homes in Minneapolis, MN
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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 |
|---|---|---|---|
| Warranty Deed | $280,000 | Titlenexus Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $238,000 | New Conventional | |
| Previous Owner | $32,978 | New Conventional | |
| Previous Owner | $218,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $315,000 | -4.5% | $387 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $330,000 | -- | $406 / 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 | $3,563 | $273,000 | $15,000 | $258,000 |
| 2022 | $3,811 | $270,000 | $15,000 | $255,000 |
| 2021 | $3,511 | $275,000 | $15,000 | $260,000 |
| 2020 | $3,651 | $262,500 | $6,500 | $256,000 |
| 2019 | $3,598 | $262,500 | $6,500 | $256,000 |
| 2018 | $3,349 | $252,500 | $6,500 | $246,000 |
| 2017 | $3,079 | $214,500 | $6,500 | $208,000 |
| 2016 | $3,096 | $209,500 | $6,500 | $203,000 |
| 2015 | $2,982 | $194,500 | $6,500 | $188,000 |
| 2014 | -- | $186,000 | $6,500 | $179,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Anderson
Seller's Agent in 2025
Jan Anderson
Fazendin REALTORS
(612) 802-5209
1 in this area
95 Total Sales
-
Brady Kroll
Buyer's Agent in 2025
Brady Kroll
Edina Realty, Inc.
(612) 770-7230
5 in this area
103 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6681361
APN: 23-029-24-41-0090
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