4 months on rocket

521 7th St Unit 605, Minneapolis, MN, 55415

$324,900

Home List Price

$3,858*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$309/SqFt
Condo
Schools Nearby

Location

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521 7th St Unit 605, Minneapolis$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
MLS #6471886
StatusActive

About 521 7th St Unit 605

Come see this spacious and historic downtown loft! The exposed brick, tall ceilings and natural light accentuate the beauty of this unit. You’ll love the open and updated kitchen and will enjoy your morning coffee or a glass of wine on your private balcony. The primary bedroom has a full en-suite bath with a walk-in closet. There’s in-unit laundry and an assigned underground parking space. TV cabinet can come with the property! Walkable to the Mississippi River, US Bank Stadium, and Nicollet Mall. The building is very pet friendly and has a wonderful rooftop patio. This is the place for you!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

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: From 394, exit on 6th Street and head East to Portland, then South to 7th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $309/SqFt

HOA Fees:

  • Amount: $505
  • Frequency: Monthly
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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

521 7th St Unit 605 vs Minneapolis

120 DAYS ON ROCKET

+82 Days

$324,900

-$16.3K Less

$309/SqFt

+$107 More

KEY TAKEAWAY

This property is $16.3K less than the Median Sold Price and $107/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: #6471886

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-1816974
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.67 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1816975
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.57 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 $39,366. Residents of Minneapolis, MN typically earn less than $35k each year. The majority of families are 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 521 7th St Unit 605

What is the listing price of this property?

The listing price of 521 7th St Unit 605 property is $324,900.

What type of property is this?

The property 521 7th St Unit 605 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 521 7th St Unit 605 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 521 7th St Unit 605 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 521 7th St Unit 605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 521 7th St Unit 605 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 7th St Unit 605 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›521 7th St Unit 605

This home is located at 521 7th St Unit 605 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,050 square foot home was built in 1926. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $324,900.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. 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.

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