2 months on rocket

250 Park Ave Unit 701, Minneapolis, MN, 55415

$335,000

Home List Price

$3,978*

Closing Credit

1 Bedroom
1 Full Bath
1,038 SqFt
$323/SqFt
Condo
Schools Nearby

Location

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250 Park Ave Unit 701, Minneapolis$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Concrete, Electric, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, Secured, Shared Garage/Stall
Attached Garage1 space
Year Built1900
HeatingRadiant
CoolingCentral Air
MLS #6501701
StatusActive

About 250 Park Ave Unit 701

Welcome to a FULLY FURNISHED American Trio Loft! Steps to the Armory, US Bank Stadium, Guthrie Theater, and Trader Joes in the heart of Downtown East, Minneapolis! Quintessential loft vibes, 18-foot ceilings, exposed brick & ductwork, a completely updated kitchen & flooring! Entertain or chill, this spot checks the boxes for easy living. Multiple flex spaces, home office, lofted bedroom, w/fully built-out closet system. In-unit laundry, 24-7 Valet parking, heated garage, exercise room, and roof top deck...welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,038 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Electric, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, Secured, Shared Garage/Stall

Utilities

Utilities Information:

  • Heating: Radiant
  • 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: N Washington Ave, right on N 1st Ave, Left on N 4th St, left on Park Ave to American Trio Lofts.

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $323/SqFt

HOA Fees:

  • Amount: $769
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,913
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

250 Park Ave Unit 701 vs Minneapolis

75 DAYS ON ROCKET

+48 Days

$335,000

-$8.6K Less

$323/SqFt

+$121 More

KEY TAKEAWAY

This property is $8.6K less than the Median Sold Price and $121/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: #6501701

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Last updated on: 6/1/2024, 12:22:32 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

Feb 20, 2020Home Sold
$310,000
Apr 01, 2015Home Sold
$270,000
Nov 30, 2012Home Sold
$200,000
Sep 18, 2007Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,913$301,500
2019$4,509$308,835
2018$4,357$289,215
2017$4,067$267,960

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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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-6397227
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.33 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6397228
3
/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. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Park Ave Unit 701

What is the listing price of this property?

The listing price of 250 Park Ave Unit 701 property is $335,000.

What type of property is this?

The property 250 Park Ave Unit 701 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 701 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 701 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,913 (source: MLS/based on county public records data).

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

The last sale was on February 20, 2020 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 701 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 701 is 1,038 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 701 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 701

This home is located at 250 Park Ave Unit 701 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,038 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $335,000.

Over 519 listings were sold over their listed price in April 2024 in Minneapolis, MN. In the same period over 337 listings were sold below the listed price and 228 listings were sold for the listed price. Between March 2024 and April 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.8%. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $343,683.

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

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