2 months on rocket

1220 Powderhorn Ter Unit 15, Minneapolis, MN, 55407

$75,000

Home List Price

$891*

Closing Credit

1 Bedroom
1 Full Bath
456 SqFt
$164/SqFt
Condo
Schools Nearby

Location

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1220 Powderhorn Ter Unit 15, Minneapolis$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-Street Parking Only
Year Built1915
HeatingHot Water
CoolingNone
BasementYes
MLS #6492848
StatusActive

About 1220 Powderhorn Ter Unit 15

This adorable 1-bedroom in the Clearview Cooperative is located right across the street from Powderhorn Park. Walk out your front door to enjoy walking paths, sports fields, playgrounds, and more. Beautiful hardwood floors in living room and bedroom. Windows have been recently updated throughout. The two extra deep closets off the living room offer tons of storage space. Fresh paint throughout and newer range in the kitchen. Access to free laundry, bike parking, and a storage space for each unit is available in the basement. Rentals are not allowed. No dogs allowed, only cats. Cash or Special Co-Op Financing required. Financing available through South Metro Federal Credit Union. This is your opportunity to own for less than rent!!

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 456 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: On-Street Parking Only

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: From 31st Street E South on 13th Ave S, West on Powderhorn Terrace. First Brownstone on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $164/SqFt

HOA Fees:

  • Amount: $325
  • 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

1220 Powderhorn Ter Unit 15 vs Minneapolis

61 DAYS ON ROCKET

+23 Days

$75,000

-$266.2K Less

$164/SqFt

-$38 Less

KEY TAKEAWAY

This property is $266.2K less than the Median Sold Price and $38/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: #6492848

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 4/29/2024, 6:22:16 PM 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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Payment Calculator

$767

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-3267244
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.62 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. The majority of Minneapolis, MN residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1220 Powderhorn Ter Unit 15

What is the listing price of this property?

The listing price of 1220 Powderhorn Ter Unit 15 property is $75,000.

What type of property is this?

The property 1220 Powderhorn Ter Unit 15 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 1220 Powderhorn Ter Unit 15 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1220 Powderhorn Ter Unit 15 are:
South High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1220 Powderhorn Ter Unit 15 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1220 Powderhorn Ter Unit 15 is 456 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1220 Powderhorn Ter Unit 15 is 1915.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›1220 Powderhorn Ter Unit 15

This home is located at 1220 Powderhorn Ter Unit 15 in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 456 square foot home was built in 1915. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $75,000.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 sold below. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. Listings spent 38 days on the market in March 2024, and had a median list price of $341,287 during the same period.

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

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