2 months on rocket

290 Market St Unit 404, Minneapolis, MN, 55405

$390,000

Home List Price

$4,631*

Closing Credit

2 Bedrooms
1 Full Bath
1,447 SqFt
$270/SqFt
Condo
Schools Nearby

Location

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290 Market St Unit 404, Minneapolis$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Covered, Asphalt, Shared Driveway, Garage Door Opener, Guest Parking, Parking Garage, Secured, Storage, Underground
Attached Garage2 spaces
Year Built1905
HeatingBaseboard, Hot Water
CoolingCentral Air
MLS #6491704
StatusActive

About 290 Market St Unit 404

IMS Lofts...everything a loft should be! Originally built as the Northwestern Knitting Company/Munsingwear textile factory, this Classic Revival building was perfectly suited to convert from a previous use to residential lofts. This large two bedroom, two bathroom floor plan is filled with natural light. The condo features hardwood floors, high ceilings, exposed brick, a private deck, external storage locker, and 2 garage parking spaces.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 1,447 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

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

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, Covered, Asphalt, Shared Driveway, Garage Door Opener, Guest Parking, Parking Garage, Secured, Storage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Anwatin Middle Community School, Public District Grades 6-8
  • Bryn Mawr Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: Glenwood Ave to Market Street (West of Lyndale Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $270/SqFt

HOA Fees:

  • Amount: $914
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,322
  • 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

290 Market St Unit 404 vs Minneapolis

67 DAYS ON ROCKET

+29 Days

$390,000

+$48.7K More

$270/SqFt

+$68 More

KEY TAKEAWAY

This property is $48.7K more than the Median Sold Price and $68/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: #6491704

Listing Office:

  • Office Name: Compass

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Last updated on: 4/28/2024, 6:22:15 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

Aug 12, 2020Home Sold
$420,000
Jun 21, 2016Home Sold
$345,000
Sep 05, 2007Home Sold
$299,900

Tax History

YEARPROP. TAXASSESSMENT
2020$5,322$399,000
2019$5,250$361,700
2018$5,408$361,700
2017$5,052$335,540

History based on county public records data.

Payment Calculator

$2,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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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.

Elementary School

school-card-donut-2496841
1
/10

  • Bryn Mawr Elementary

  • 252 Upton Ave S

  • 1.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2496842
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.46 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,182. Residents of Minneapolis, MN typically earn less than $35k each year. Most families are 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 290 Market St Unit 404

What is the listing price of this property?

The listing price of 290 Market St Unit 404 property is $390,000.

What type of property is this?

The property 290 Market St Unit 404 is a condo located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 290 Market St Unit 404 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 290 Market St Unit 404 are:
Bryn Mawr Elementary: GreatSchools Rating 1/10
Anwatin Middle Community School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,322 (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 12, 2020 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 290 Market St Unit 404 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 290 Market St Unit 404 is 1,447 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 290 Market St Unit 404 is 1905.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›290 Market St Unit 404

This home is located at 290 Market St Unit 404 in Minneapolis, MN and zip code 55405 in the Sumner-Glenwood neighborhood. This 1,447 square foot home was built in 1905. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $390,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 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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