521 2nd St SE Unit 507 Minneapolis, MN 55414
Marcy-Holmes NeighborhoodEstimated payment $4,087/month
Highlights
- Corner Lot
- Elevator
- 2 Car Attached Garage
- Community Garden
- Stainless Steel Appliances
- 3-minute walk to Father Hennepin Bluffs Park
About This Home
Welcome to 521 2nd St SE—A Rare Top-Floor Penthouse in the Coveted Flour Sack Flats.
This light-filled penthouse offers the perfect blend of modern comfort and urban convenience in one of Minneapolis’ most sought-after neighborhoods. Located just two blocks from the iconic Stone Arch Bridge and one block from the lively St. Anthony Main, you'll enjoy unmatched walkability to local restaurants, theaters, and downtown attractions—all while living on the quieter, more residential side of the river.
Inside, nearly floor-to-ceiling windows and soaring 20-foot ceilings flood the space with natural light from sunrise to sunset. The open-concept layout is both functional and inviting, featuring a spacious primary suite, a comfortable guest bedroom, and a private balcony perfect for grilling and relaxing.
This rare unit includes two heated underground parking stalls—a true luxury in the city. The boutique building, with just 50 units, offers a close-knit, secure community. HOA dues cover many essentials—including water, sewer, trash, internet, and building security—making for simplified, low-maintenance living.
Whether you're a professional seeking vibrant city life with a neighborhood feel or a buyer looking for a stylish, move-in-ready home, this penthouse delivers the best of both worlds.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,946
Year Built
- Built in 2006
HOA Fees
- $830 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,430 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924410102
Community Details
Overview
- Association fees include maintenance structure, controlled access, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1630 Flour Sack Flats Cond Subdivision
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,946 | $467,000 | $25,000 | $442,000 |
| 2023 | $6,422 | $492,000 | $25,000 | $467,000 |
| 2022 | $6,389 | $470,000 | $25,000 | $445,000 |
| 2021 | $5,879 | $461,000 | $25,000 | $436,000 |
| 2020 | $6,370 | $439,500 | $8,500 | $431,000 |
| 2019 | $6,308 | $439,500 | $8,500 | $431,000 |
| 2018 | $5,928 | $422,500 | $8,500 | $414,000 |
| 2017 | $5,620 | $367,500 | $8,500 | $359,000 |
| 2016 | $5,649 | $358,500 | $8,500 | $350,000 |
| 2015 | $5,473 | $333,000 | $8,500 | $324,500 |
| 2014 | -- | $318,500 | $8,500 | $310,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $505,000 | +2.5% | $353 / Sq Ft |
| 02/17/2023 02/17/23 | Sold | $492,500 | 0.0% | $344 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 01/31/2023 01/31/23 | Off Market | $492,500 | -- | -- |
| 01/20/2023 01/20/23 | Price Changed | $510,000 | -1.9% | $357 / Sq Ft |
| 12/09/2022 12/09/22 | For Sale | $520,000 | -- | $364 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $492,500 | Attorneys Title Group | |
| Warranty Deed | $367,852 | Home Title | |
| Warranty Deed | $350,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6795502
APN: 23-029-24-41-0102
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