25 days on rocket

1240 2nd St Unit 1423, Minneapolis, MN, 55415

$949,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
2,036 SqFt
$467/SqFt
Condo
Schools Nearby

Location

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1240 2nd St Unit 1423, Minneapolis$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Underground
Attached Garage2 spaces
Year Built2018
HeatingBaseboard
CoolingCentral Air
FireplaceLiving Room
MLS #6495214
StatusActive

About 1240 2nd St Unit 1423

Spectacular Penthouse level unit with incredible panoramic views of the city. This wonderful condominium features an open floor plan, 3 bedrooms, 2 baths, and fantastic balcony with natural gas hookup. Custom kitchen includes generous storage, large center island, premium stainless appliances, quartz countertops, and a large pantry. Floor to ceiling windows bring in lots of natural lights, and highlight the incredible views. Upgrades include: Walnut hardwood floors, built-ins, storage and bookshelves, under cabinet lighting in kitchen and baths, oversized kitchen island, wine cooler, wine rack, elongated fireplace in Great Room, custom closets, and custom blinds throughout. Storage unit included as well as two stalls in the heated garage. First class amenities including: heated swimming pool, hot tub, sauna, car wash, community room, game room with golf simulator, two fitness centers, yoga area, deck/patios with grills & fire pit, dog run, lawn bowling, playground, and so much more.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 2,036 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Stainless Steel Appliances, Oven, Washer, Wine Cooler
  • Basement: No
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: 35w to Washington, north to 11th Avenue, right to 2nd Street to 1240.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900
  • Price Per SqFt: $467/SqFt

HOA Fees:

  • Amount: $1022
  • 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

1240 2nd St Unit 1423 vs Minneapolis

25 DAYS ON ROCKET

-13 Days

$949,900

+$608.6K More

$467/SqFt

+$265 More

KEY TAKEAWAY

This property is $608.6K more than the Median Sold Price and $265/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6495214

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

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Recommended Financing

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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.

Middle School

school-card-donut-3485955
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3485956
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.29 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 $107,721. The most common annual income of people living in Minneapolis, MN is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 2nd St Unit 1423

What is the listing price of this property?

The listing price of 1240 2nd St Unit 1423 property is $949,900.

What type of property is this?

The property 1240 2nd St Unit 1423 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St Unit 1423 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 2nd St Unit 1423 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1240 2nd St Unit 1423 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 1423 is 2,036 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 1423 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 1423

This home is located at 1240 2nd St Unit 1423 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 2,036 square foot home was built in 2018. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $949,900.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased 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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