4 months on rocket

Sale Pending

1240 2nd St Unit 431, Minneapolis, MN, 55415

$435,000

Home List Price

$5,166*

Closing Credit

2 Bedrooms
1 Full Bath
1,164 SqFt
$374/SqFt
Condo
Schools Nearby

Location

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1240 2nd St Unit 431, Minneapolis$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Garage Door Opener, Guest Parking, Heated Garage, Underground
Attached Garage1 space
Year Built2018
HeatingBaseboard
CoolingCentral Air
MLS #6471075
StatusSale Pending
(Active)

About 1240 2nd St Unit 431

Welcome to The Legacy, located in the Mill District of Minneapolis. This beautiful condo boasts a stunning open concept design with high ceilings. Its large, south-facing windows allow for plenty of natural light. The kitchen features granite countertops, backsplash, stainless steel appliances & ample storage space. The open concept floor plan provides nook for a dining table, office & more. The spacious private balcony is perfect for enjoying your morning coffee. Main bedroom features a walk-in closet & a modern bathroom with large, walk-in shower. Residents of this building enjoy many amenities including a fitness center & weight room, sauna, hot tub, pool, golf simulator & more! Convenient access to public transportation, restaurants, parks, etc. This condo provides a perfect urban living experience. A prime dedicated parking spot in the heated garage & storage cage is included. Don't miss out on an opportunity to make this incredible condo your own. Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 1,164 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Garage Door Opener, Guest Parking, 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: From 35W - West on Washington, North on 11th Avenue, East on 2nd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $374/SqFt

HOA Fees:

  • Amount: $678
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

1240 2nd St Unit 431 vs Minneapolis

133 DAYS ON ROCKET

+106 Days

$435,000

+$91.3K More

$374/SqFt

+$172 More

KEY TAKEAWAY

This property is $91.3K more than the Median Sold Price and $172/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: #6471075

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 5/3/2024, 11:22:43 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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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-5630044
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5630045
2
/10
  • Edison High School

  • 700 22nd Ave NE

  • 2.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. Residents of Minneapolis, MN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 2nd St Unit 431

What is the listing price of this property?

The listing price of 1240 2nd St Unit 431 property is $435,000.

What type of property is this?

The property 1240 2nd St Unit 431 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Sale Pending: 1240 2nd St Unit 431 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1240 2nd St Unit 431 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 431 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 431 is 1,164 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 431 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 431

This home is located at 1240 2nd St Unit 431 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,164 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $435,000.

In April 2024, from all listings sold in Minneapolis, MN there were more than 519 sold above asking price, over 337 sold below and more than 228 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between March 2024 and April 2024 increased by 15.8%. Listings spent 27 days on the market in April 2024, and had a median list price of $343,683 during the same period.

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

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