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250 Park Ave Unit 515, Minneapolis, MN, 55415

$199,900

Home List Price

$2,374*

Closing Credit

1 Bedroom
1 Full Bath
661 SqFt
$302/SqFt
Condo
Schools Nearby

Location

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250 Park Ave Unit 515, Minneapolis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6492619
StatusActive

About 250 Park Ave Unit 515

This unique luxury one-bedroom condo offers urban living with a rooftop patio and a fitness center. The condo features brick walls, stainless appliances, gorgeous countertops, and cabinets, as well as high ceilings and huge windows that enhance the luxury feeling. Additionally, all valet parking is provided for added convenience. The location of the condo, as it is near the bus line, light rail, US Bank Stadium, plus quick access to I35. You can easily explore the city and enjoy the amenities it has to offer. Trader Joe's is nearby for your grocery needs, and you can take a leisurely walk on the stone arch bridge. For relaxation, the iconic gold medal park is the perfect spot to unwind. Overall, this condo offers a unique and luxurious living experience with convenient access to transportation, amenities, and recreational areas.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 661 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 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: I35 to Third St. So exit, Follow Third St to right on Park Ave, Condo on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $302/SqFt

HOA Fees:

  • Amount: $708
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,722
  • 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 515 vs Minneapolis

59 DAYS ON ROCKET

+21 Days

$199,900

-$141.3K Less

$302/SqFt

+$100 More

KEY TAKEAWAY

This property is $141.3K less than the Median Sold Price and $100/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: #6492619

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/28/2024, 8:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2019Home Sold
$229,900
Sep 16, 2005Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,722$219,000
2019$3,130$214,005
2018$3,019$199,835
2017$2,807$184,575

History based on county public records data.

Payment Calculator

$1,773

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-2601886
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.33 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2601887
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. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Park Ave Unit 515

What is the listing price of this property?

The listing price of 250 Park Ave Unit 515 property is $199,900.

What type of property is this?

The property 250 Park Ave Unit 515 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 515 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 515 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 $2,722 (source: MLS/based on county public records data).

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

The last sale was on March 18, 2019 for $229,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 515 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 515 is 661 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 515 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 515

This home is located at 250 Park Ave Unit 515 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 661 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $199,900.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. 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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