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521 7th St Unit 620, Minneapolis, MN, 55415

$319,900

Home List Price

$3,799*

Closing Credit

2 Bedrooms
2 Full Baths
1,018 SqFt
$314/SqFt
Condo
Schools Nearby

Location

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521 7th St Unit 620, Minneapolis$319,900

Buyer Closing Credits

$3,799*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
MLS #6492916
StatusActive

About 521 7th St Unit 620

Welcome to the Sexton Lofts, a true industrial style loft in the heart of Minneapolis. This top floor and two level 2BR, 2BA home features fantastic natural light from a full wall of windows with eastern exposure, brick exterior walls and ceiling, concrete pillars, oversized windows, large open kitchen with island, granite countertops and stainless steel appliances; open floor plan with spiral staircase leading lofted suite, updated bathrooms, 20 ft. ceilings and more! One heated/secured parking stall included and easy access to the 7th floor roof deck. Fantastic downtown location just one block from Skyway, two blocks to the Light Rail and plenty of cafes, restaurant and night life options. The best that city living has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,018 SqFt

Listing Office:

  • Office Name: DRG

Interior Features

Interior Information:

  • 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: None

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: 5th Avenue to 7th Street to Building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,900
  • Price Per SqFt: $314/SqFt

HOA Fees:

  • Amount: $495
  • 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 620 vs Minneapolis

46 DAYS ON ROCKET

+8 Days

$319,900

-$21.3K Less

$314/SqFt

+$112 More

KEY TAKEAWAY

This property is $21.3K less than the Median Sold Price and $112/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: #6492916

Listing Office:

  • Office Name: DRG

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Last updated on: 4/16/2024, 11:22:16 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

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Middle School

school-card-donut-3719031
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.67 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3719032
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. Most Minneapolis, MN residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Elliot Park, Minneapolis

Types of housing in Elliot Park, Minneapolis.

The sizeable percentage of large apartment buildings in the housing stock of Elliot Park is an important part of its character. This part of Minneapolis is primarily composed of lofts and one bedroom homes. Around 85% of the population of this neighborhood rent their home whereas the rest are owners. A majority of the housing growth in this part of Minneapolis happened before the 1960s.

What is it like to live in Elliot Park, Minneapolis?

Elliot Park offers a variety of experiences for home buyers who enjoy a vibrant atmosphere and spending time in green spaces. Finding things to do is very easy in this area. Despite the fact that there are few nearby entertainment venues, there are often a large number of people around, and with the bars in nearby neighborhoods, it is easy to find a place to grab a drink because they are generally located a short walk away. It is very easy to access green spaces since there are a few of them nearby for residents to explore.

Is it easy to get around Elliot Park, Minneapolis without a car?

It is usually an option for house buyers in Elliot Park to purchase general and specialty groceries on foot. Likewise, owing to a few restaurants and a few cafes, Elliot Park is a fairly good area in which to eat out. It is also a reasonably short walk to a decent choice of clothing stores. Concerning education, both primary and secondary schools are straightforward to access on foot from any location in this part of Minneapolis.

Transportation in Elliot Park, Minneapolis.

Elliot Park will appeal to house buyers that appreciate a diversity of methods of transportation. Owing to about 20 nearby bus lines, the public transit service in Elliot Park is very good. Traveling by car is also easy in this part of Minneapolis. It is a very short drive to the closest highway, such as US Highway 52, from any location in this area. This part of the city is very suitable for those who travel by foot; meeting day-to-day needs is very easy, and numerous businesses are very close by.

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Frequently Asked Questions About 521 7th St Unit 620

What is the listing price of this property?

The listing price of 521 7th St Unit 620 property is $319,900.

What type of property is this?

The property 521 7th St Unit 620 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 521 7th St Unit 620 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 620 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 620 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 521 7th St Unit 620 is 1,018 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 7th St Unit 620 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›521 7th St Unit 620

This home is located at 521 7th St Unit 620 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,018 square foot home was built in 1926. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $319,900.

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%. Listings spent 38 days on the market in March 2024, and had a median list price of $341,287 during the same period.

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

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