$315,000
SOLD MAR 26, 2012

541 S 2nd St Minneapolis, MN 55401

Downtown West Neighborhood
2 Beds
1.5 Baths
1,550 Sq Ft
0.25 Acres

Recently Sold

$203 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

  • Deck
  • Balcony
  • Bathroom on Main Level
  • Wood Flooring
  • 2 Car Attached Garage
  • 2-minute walk to Mill Ruins Park

About This Home

As of December 2013

Mill District multi-level Metropolitan Loft unit. Separate entry and two car enclosed garage. Two bedrooms, the bathrooms and two exterior spaces. Nicely finished with high end appliances. Homes rarely available in this near river development...

Last Agent to Sell the Property

David Abele

Lakes Sotheby's International Listed on: 02/17/2012

Last Buyer's Agent

Erica Wiltshire

Verve Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,209

Year Built

  • 2004

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • Combination Dining and Living Room
  • Fire Sprinkler System

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash, water
  • Low-Rise Condominium

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,209

Year Built

2004

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Low Rise 3- Level
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors
  • Amenities Exterior: Balcony, Deck
  • Construction: Previously Owned
  • Foundation Size: 775
  • Projected Closed Date: 03/26/2012
  • Street Designation: Street
  • Taxes With Assessments: 5263.12
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x11, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 4: Kitchen, 10x7, On Level: Main
  • Room 5: Bedroom, 20x11, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 9: Patio, 8x6, On Level: Main
  • Room 10: Den/Office, 10x9, On Level: Upper
  • Finished Above Grade Sq Ft: 1550
  • Total Fin Square Footage: 1550

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash, Water
  • Shared: Fire Sprinkler System
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 465

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Tom Stephanie A and Tom Jereme Y
Bought by
Yetzer Jacob G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$392,570
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$160,968

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 13, 2013
Sold by
Idleman Chase L
Bought by
Tom Jereme Y and Tom Stephanie A
Seller's Agent
Scott Parkin
Verve Realty
Buyer's Agent
Daniel Thompson
Edina Realty, Inc.
List Price
$379,000
Sold Price
$373,500
Premium/Discount to List
-$5,500
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$280,125
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2012
Closed on
Mar 26, 2012
Sold by
Angelos James F
Bought by
Idleman Chase L
Seller's Agent
David Abele
Lakes Sotheby's International
Buyer's Agent
Erica Wiltshire
Verve Realty
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$215,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2007
Sold by
Lemm Adams Christina and Adams Peter J
Bought by
Angelos James F and Angelos Katie C

Purchase Details

Closed on
May 20, 2004
Sold by
The Rottlund Co Inc
Bought by
Lemm Adams Christina and Adams Peter J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Edgewater Title Group Llc
Warranty Deed $373,500 Titlenexus Llc
Warranty Deed $315,000 Titlenexus Llc
Warranty Deed $410,000 --
Warranty Deed $404,521 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $275,300 New Conventional
Previous Owner $280,125 New Conventional
Previous Owner $215,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $499,900 +33.8% $323 / Sq Ft
12/13/2013 12/13/13 Sold $373,500 -1.5% $241 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $379,000 +20.3% $245 / Sq Ft
03/26/2012 03/26/12 Sold $315,000 -4.5% $203 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $329,900 -- $213 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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 $6,209 $471,000 $62,000 $409,000
2022 $5,835 $464,000 $57,000 $407,000
2021 $6,013 $421,000 $49,000 $372,000
2020 $6,514 $447,500 $48,600 $398,900
2019 $6,710 $447,500 $41,300 $406,200
2018 $6,312 $447,500 $41,300 $406,200
2017 $6,081 $394,500 $21,900 $372,600
2016 $5,985 $379,000 $21,900 $357,100
2015 $5,815 $353,000 $21,900 $331,100
2014 -- $329,500 $21,900 $307,600
Source: Public Records

Agents Affiliated with this Home

  • Isaac Kuehn

    Seller's Agent in 2025

    Isaac Kuehn

    DRG

    (651) 238-1277

    32 in this area

    280 Total Sales

    Isaac Kuehn
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Patrick Carson

    DRG

    (612) 254-0149

    25 in this area

    171 Total Sales

    Patrick Carson
    Section Image

  • S

    Seller's Agent in 2013

    Scott Parkin

    Verve Realty

  • D

    Buyer's Agent in 2013

    Daniel Thompson

    Edina Realty, Inc.

  • D

    Seller's Agent in 2012

    David Abele

    Lakes Sotheby's International

  • E

    Buyer's Agent in 2012

    Erica Wiltshire

    Verve Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4105620

REALTOR® Association of Southern Minnesota

APN: 23-029-24-34-0400

Minnesota Hennepin County Minneapolis 55401 Downtown West

541 S 2nd St, Minneapolis, MN

This home is located at 541 S 2nd St, Minneapolis, MN 55401 and is currently priced at $315,000, approximately $203 per square foot. This property was built in 2004. 541 S 2nd St is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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