1 month on rocket

520 Ridgewood Ave Unit 205, Minneapolis, MN, 55403

$120,000

Home List Price

$1,425*

Closing Credit

1 Bedroom
1 Full Bath
600 SqFt
$200/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

520 Ridgewood Ave Unit 205, Minneapolis$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built1971
HeatingBaseboard
CoolingWall Unit(s)
MLS #6502552
StatusActive

About 520 Ridgewood Ave Unit 205

Welcome to your cozy, urban oasis in the heart of Minneapolis! This charming 1 bed, 1 bath condo offers a perfect blend of comfort, convenience, & modern amenities. As you step through the door, you're greeted by the inviting galley kitchen, featuring modern appliances, ample cabinet space, and a dishwasher! The living area, is bright and airy, perfect for relaxing or entertaining guests. The bedroom offers a peaceful retreat; with plenty of natural light, a remote control ceiling fan & closet space. The home boasts brand new flooring and an updated bathroom to enjoy when you move in! No need to worry about parking in the city - this unit comes with assigned parking in a paved lot, ensuring you always have a convenient place to park. Plus, the benefit of free laundry facilities right on-site make chores a breeze. Located in the vibrant heart of Minneapolis, you'll have easy access to a plethora of dining, shopping, and entertainment options right at your doorstep. Come see today!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: VIBE Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Parking Lot

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Franklin to Pleasant, North to Ridgewood, West to Complex

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $200/SqFt

HOA Fees:

  • Amount: $344
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Map thumbnail provided by MapBox

Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

520 Ridgewood Ave Unit 205 vs Minneapolis

48 DAYS ON ROCKET

+10 Days

$120,000

-$221.2K Less

$200/SqFt

-$2 Less

KEY TAKEAWAY

This property is $221.2K less than the Median Sold Price and $2/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: #6502552

Listing Office:

  • Office Name: VIBE Realty

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-3322750
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.69 miles

  • Public District Grades PK-8

High School

school-card-donut-3322751
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.63 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 $32,364. Residents of Minneapolis, MN typically earn less than $35k each year. 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 520 Ridgewood Ave Unit 205

What is the listing price of this property?

The listing price of 520 Ridgewood Ave Unit 205 property is $120,000.

What type of property is this?

The property 520 Ridgewood Ave Unit 205 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 520 Ridgewood Ave Unit 205 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 520 Ridgewood Ave Unit 205 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 520 Ridgewood Ave Unit 205 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 520 Ridgewood Ave Unit 205 is 600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 Ridgewood Ave Unit 205 is 1971.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›520 Ridgewood Ave Unit 205

This home is located at 520 Ridgewood Ave Unit 205 in Minneapolis, MN and zip code 55403 in the Stevens Square / Loring Heights neighborhood. This 600 square foot home was built in 1971. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $120,000.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 sold below. The number of listings in Minneapolis, MN increased by 15.5% between February 2024 and March 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.

More Resources