18 days on rocket

1701 Madison St NE Unit 304, Minneapolis, MN, 55413

$289,000

Home List Price

$3,432*

Closing Credit

1 Bedroom
1 Full Bath
785 SqFt
$368/SqFt
Condo
Schools Nearby

Location

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1701 Madison St NE Unit 304, Minneapolis$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Garage Door Opener, Heated Garage, Parking Garage, Secured
Attached Garage2 spaces
Year Built1921
HeatingForced Air
CoolingCentral Air
MLS #6530238
StatusActive

About 1701 Madison St NE Unit 304

Terrific light filled corner unit with windows on 2 sides in wonderful Madison Lofts. Great walkability in Minneapolis’ Arts District, close to restaurants, bars, studios, coffee shops & breweries. High ceilings, exposed brick walls. New energy efficient furnace & A/C in 2022. 2 parking spaces (tandem), storage unit, both on lobby level. Building has gym, community room with shared kitchen and outdoor grilling area. Easy to view. July ’24 possession available.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Living Area: 785 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Parking Garage, Secured

Lot Features

Lot Information:

  • Lot: Few Trees

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
  • Pillsbury Community School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Broadway St NE to north on Monroe St. West on 17th Ave NE, north on Madison.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $368/SqFt

HOA Fees:

  • Amount: $480
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,474
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

1701 Madison St NE Unit 304 vs Minneapolis

18 DAYS ON ROCKET

-9 Days

$289,000

-$54.6K Less

$368/SqFt

+$166 More

KEY TAKEAWAY

This property is $54.6K less than the Median Sold Price and $166/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: #6530238

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

Listing History

Nov 02, 2006Home Sold
$223,800

Tax History

YEARPROP. TAXASSESSMENT
2020$2,474$201,000
2019$2,717$182,840
2018$2,581$170,305
2017$2,390$156,680

History based on county public records data.

Payment Calculator

$1,990

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-6395490
2
/10
  • Pillsbury Community School

  • 2250 Garfield St NE

  • 1.03 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-6395491
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 1.48 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6395492
3
/10
  • Edison High School

  • 700 22nd Ave NE

  • 0.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,456. Most Minneapolis, MN residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1701 Madison St NE Unit 304

What is the listing price of this property?

The listing price of 1701 Madison St NE Unit 304 property is $289,000.

What type of property is this?

The property 1701 Madison St NE Unit 304 is a condo located in Minneapolis, Minnesota, 55413.

Is this property for sale now?

Active Listing: 1701 Madison St NE Unit 304 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1701 Madison St NE Unit 304 are:
Pillsbury Community School: GreatSchools Rating 2/10
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,474 (source: MLS/based on county public records data).

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

The last sale was on November 2, 2006 for $223,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1701 Madison St NE Unit 304 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1701 Madison St NE Unit 304 is 785 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1701 Madison St NE Unit 304 is 1921.

Rocket HomesMinnesotaHennepin CountyMinneapolis554131701 Madison St NE Unit 304

This home is located at 1701 Madison St NE Unit 304 in Minneapolis, MN and zip code 55413 in the Logan Park neighborhood. This 785 square foot home was built in 1921. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $289,000.

While more than 519 listings in Minneapolis, MN in April 2024 were sold above asking price, there were more than 228 listings sold at asking price, and more than 337 were sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 27 days, the median list price was $343,683.

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

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