3 months on rocket

1216 Powderhorn Ter Unit 34, Minneapolis, MN, 55407

$154,900

Home List Price

$1,839*

Closing Credit

2 Bedrooms
2 Full Baths
1,070 SqFt
$145/SqFt
Condo
Schools Nearby

Location

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1216 Powderhorn Ter Unit 34, Minneapolis$154,900

Buyer Closing Credits

$1,839*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-Street Parking Only, More Parking Offsite for Fee
Year Built1917
HeatingSteam, Radiant
CoolingWindow Unit(s)
MLS #6473396
StatusActive

About 1216 Powderhorn Ter Unit 34

This spacious two-bedroom, two bathroom condo across the street from Powderhorn Park is filled with historic charm - wood floors, high ceilings, a claw-foot bath tub, and tall windows that fill the space with light in the mornings. There are updated kitchen cabinets and stainless steel appliances. The master suite features a den area with a built-in desk, the condo also has two small mixed-us rooms that could be used for storage or additional work space, ideal for crafters or work-from-home life. The basement of the building is clean and well-lit and features bike racks, washers/dryers, and clothes lines for hang drying. The condo also comes with two storage units, also located in the basement. The building has a live-in caretaker who takes meticulous care of the boiler and shovels snow VERY promptly.

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 1,070 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On-Street Parking Only, More Parking Offsite for Fee

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Radiant
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Hiawatha to Lake Street, W to 13th Ave, S to Powderhorn Terrace. Right (w) to Building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $154,900
  • Price Per SqFt: $145/SqFt

HOA Fees:

  • Amount: $689
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

1216 Powderhorn Ter Unit 34 vs Minneapolis

114 DAYS ON ROCKET

+76 Days

$154,900

-$186.3K Less

$145/SqFt

-$57 Less

KEY TAKEAWAY

This property is $186.3K less than the Median Sold Price and $57/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6473396

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/29/2024, 11:22:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3075511
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,722. Residents of Minneapolis, MN typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1216 Powderhorn Ter Unit 34

What is the listing price of this property?

The listing price of 1216 Powderhorn Ter Unit 34 property is $154,900.

What type of property is this?

The property 1216 Powderhorn Ter Unit 34 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 1216 Powderhorn Ter Unit 34 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1216 Powderhorn Ter Unit 34 are:
South High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1216 Powderhorn Ter Unit 34 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1216 Powderhorn Ter Unit 34 is 1,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1216 Powderhorn Ter Unit 34 is 1917.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›1216 Powderhorn Ter Unit 34

This home is located at 1216 Powderhorn Ter Unit 34 in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 1,070 square foot home was built in 1917. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $154,900.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

From Rocket Homes Real Estate and based on county public records data.

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