3 months on rocket

212 1st St Unit 501, Minneapolis, MN, 55401

$565,000

Home List Price

$6,709*

Closing Credit

2 Bedrooms
1 Full Bath
1,832 SqFt
$308/SqFt
Condo
Schools Nearby

Location

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212 1st St Unit 501, Minneapolis$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Garage Door Opener, Heated Garage, Underground
Attached Garage2 spaces
Year Built2005
HeatingForced Air
CoolingCentral Air
FireplaceTwo Sided, Gas, Living Room
MLS #6477573
StatusActive

About 212 1st St Unit 501

Enjoy the views from this spacious south facing condo on one of North Loops hottest blocks! Just steps away from Spoon & Stable, Porzana, Maison Margaux, and located above Bellecour bakery. This two bed and two bath industrial designed condo features almost 1900 square feet, with brand new oak flooring throughout, a Juliet balcony, walk-in closets, and a spacious primary suite. Just down the hall you'll have access to the building's rooftop terrace with stunning city views. Garage storage and two heated/secured parking spaces included. Easy access to the river for biking and walking, just blocks from Whole Foods, and a short walk to downtown. The best of urban living!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,832 SqFt

Listing Office:

  • Office Name: DRG

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Two Sided, Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Hennepin Ave. to North 1st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $308/SqFt

HOA Fees:

  • Amount: $988
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

212 1st St Unit 501 vs Minneapolis

101 DAYS ON ROCKET

+63 Days

$565,000

+$223.7K More

$308/SqFt

+$106 More

KEY TAKEAWAY

This property is $223.7K more than the Median Sold Price and $106/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: #6477573

Listing Office:

  • Office Name: DRG

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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.

Middle School

school-card-donut-2602567
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.03 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2602568
2
/10
  • Edison High School

  • 700 22nd Ave NE

  • 1.84 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,546. Residents of Minneapolis, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 212 1st St Unit 501

What is the listing price of this property?

The listing price of 212 1st St Unit 501 property is $565,000.

What type of property is this?

The property 212 1st St Unit 501 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 212 1st St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 212 1st St Unit 501 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 212 1st St Unit 501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 212 1st St Unit 501 is 1,832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 212 1st St Unit 501 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›212 1st St Unit 501

This home is located at 212 1st St Unit 501 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,832 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $565,000.

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. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $341,287, while the average time on the real estate market was 38 days.

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

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