2 months on rocket

250 Park Ave Unit 509, Minneapolis, MN, 55415

$244,900

Home List Price

$2,908*

Closing Credit

1 Bedroom
1 Full Bath
787 SqFt
$311/SqFt
Condo
Schools Nearby

Location

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250 Park Ave Unit 509, Minneapolis$244,900

Buyer Closing Credits

$2,908*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingConcrete, Heated Garage, Tuckunder Garage
Garage1 space
Year Built1900
HeatingBaseboard
CoolingCentral Air
MLS #6483295
StatusActive

About 250 Park Ave Unit 509

Urban loft living at its best! This cozy corner unit has an abundance of natural light, 12 foot high ceilings, exposed brick, concrete floors, new granite countertops in kitchen & bathroom and a custom bedroom barn door. This highly sought after building has countless amenities and 24 hour valet service and security. Stay fit in the new gym and yoga studio on the main level. The neighborhood walkability is off the charts with light rail outside your front door and Trader Joe’s around the corner. Lots of things to do including the Day Block Brewing and Milly's wine bar or wander around the St, Anthony Main area where theaters, restaurants and outdoor patios are abundant. Plenty to do on the weekends with the Mill City Farmers Market, US Bank Stadium, shopping outside your doorstep. Relax on the rooftop deck that has space to grill, relax or entertain your friends with amazing views day/night of the US Bank Stadium, the Mississippi river and the Minneapolis skyline.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 787 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Concrete, Heated Garage, Tuckunder Garage

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: Park Avenue and 3rd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $244,900
  • Price Per SqFt: $311/SqFt

HOA Fees:

  • Amount: $730
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,357
  • Tax Year: 2020
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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

250 Park Ave Unit 509 vs Minneapolis

70 DAYS ON ROCKET

+32 Days

$244,900

-$96.3K Less

$311/SqFt

+$109 More

KEY TAKEAWAY

This property is $96.3K less than the Median Sold Price and $109/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: #6483295

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/30/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 13, 2005Home Sold
$187,400

Tax History

YEARPROP. TAXASSESSMENT
2020$3,357$251,000
2019$3,826$264,000
2018$3,717$249,000
2017$3,493$232,500

History based on county public records data.

Payment Calculator

$2,020

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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-3592455
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.33 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3592456
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.26 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. Most Minneapolis, MN residents have annual incomes between $35k-100k. The most common type of family is 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 250 Park Ave Unit 509

What is the listing price of this property?

The listing price of 250 Park Ave Unit 509 property is $244,900.

What type of property is this?

The property 250 Park Ave Unit 509 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 509 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 250 Park Ave Unit 509 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,357 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 13, 2005 for $187,400. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 509 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 509 is 787 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 509 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 509

This home is located at 250 Park Ave Unit 509 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 787 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $244,900.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. In March 2024 median list price was $341,287 and the average listing age was 38 days.

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

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