13 days on rocket

2850 Cedar Ave S Unit 202, Minneapolis, MN, 55407

$174,900

Home List Price

$2,077*

Closing Credit

1 Bedroom
1 Full Bath
991 SqFt
$176/SqFt
Condo
Schools Nearby

Location

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2850 Cedar Ave S Unit 202, Minneapolis$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt, Garage Door Opener, Heated Garage, Underground
Garage1 space
Year Built2005
HeatingForced Air
CoolingCentral Air
MLS #6522792
StatusActive

About 2850 Cedar Ave S Unit 202

Modern and sleek condo in South Minneapolis. This condo offers 10-foot ceilings, an open and inviting living space that is perfect for relaxation and entertainment. The open kitchen has a spacious island, and plenty of storage space. The living room window and balcony looks down onto Midtown Greenway. This condo also features a generous walk-in closet and convenient in-unit laundry. The building itself offers a range of amenities, including a community room that is ideal for hosting social events, and underground heated parking with storage and a small area to wash your car! Your new home has easy access to the Midtown Greenway, light rail, downtown Minneapolis, some of the city's best dining, shopping and entertainment options, and the Viking Stadium! This condo has everything you need to enjoy the best of city living. Come check out this exceptional opportunity to own at Greenway Terrace Condos.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 991 SqFt

Listing Office:

  • Office Name: Re/Max Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Asphalt, Garage Door Opener, Heated Garage, Underground

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: MN-55 E/Hiawatha Ave. Turn right onto E 26th St. Turn left onto Cedar Ave S

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
  • Price Per SqFt: $176/SqFt

HOA Fees:

  • Amount: $422
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,744
  • 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

2850 Cedar Ave S Unit 202 vs Minneapolis

13 DAYS ON ROCKET

-14 Days

$174,900

-$168.7K Less

$176/SqFt

-$26 Less

KEY TAKEAWAY

This property is $168.7K less than the Median Sold Price and $26/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6522792

Listing Office:

  • Office Name: Re/Max Advantage Plus

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Last updated on: 5/3/2024, 7:22:33 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

Aug 23, 2021Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,744$121,000
2019$1,753$121,000
2018$1,530$102,500
2017$1,442$96,000

History based on county public records data.

Payment Calculator

$1,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

High School

school-card-donut-5563527
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.37 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 $42,200. Most Minneapolis, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2850 Cedar Ave S Unit 202

What is the listing price of this property?

The listing price of 2850 Cedar Ave S Unit 202 property is $174,900.

What type of property is this?

The property 2850 Cedar Ave S Unit 202 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2850 Cedar Ave S Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2850 Cedar Ave S Unit 202 are:
South High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,744 (source: MLS/based on county public records data).

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

The last sale was on August 23, 2021 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2850 Cedar Ave S Unit 202 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2850 Cedar Ave S Unit 202 is 991 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2850 Cedar Ave S Unit 202 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2850 Cedar Ave S Unit 202

This home is located at 2850 Cedar Ave S Unit 202 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 991 square foot home was built in 2005. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $174,900.

Minneapolis, MN housing market in April 2024 saw over 519 listings sold above listed price, more than 228 sold at listed price and over 337 sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. 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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