19 days on rocket

225 Bank St SE, Minneapolis, MN, 55414

$715,000

Home List Price

$8,491*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
2,350 SqFt
$304/SqFt
Townhouse
Schools Nearby

Location

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225 Bank St SE, Minneapolis$715,000

Buyer Closing Credits

$8,491*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Storage, Underground
Attached Garage2 spaces
Year Built1995
HeatingForced Air
CoolingCentral Air
FireplaceGas, Living Room
MLS #6534921
StatusActive

About 225 Bank St SE

Nested in the heart of historic St. Anthony Main, this charming Marquette 3-level townhome is situated in a neighborhood that offers the definition of walkability. Enjoy a short walk to Lunds, Surdyk’s, coffee, shopping, acclaimed restaurants, wonderful parks, trails, and so much more. You are also minutes from the U of M, Stone Arch Bridge, Boom Island, and downtown Minneapolis. This meticulously maintained and updated townhouse features an open main-level floor plan with its gleaming hardwood floors, inviting sun-filled living room with fireplace, dining room, powder room, and remodeled center island gourmet kitchen. On the second floor you will find 2 bedrooms, 2 baths and laundry, including the luxurious primary suite with walk-in closet and custom remodeled bathroom. The third floor with skylights will offer endless options for the new owner. Don’t miss the private back patio that is great for entertaining, and the heated 2-car garage with storage that is located below the unit.

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Living Area: 2,350 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

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

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

Other

Directions Information:

  • Directions: Hennepin Avenue to University Avenue SE. East 1 block to Bank Street SE. Right (South) on Bank Street to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $715,000
  • Price Per SqFt: $304/SqFt

HOA Fees:

  • Amount: $645
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,294
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

225 Bank St SE vs Minneapolis

19 DAYS ON ROCKET

-8 Days

$715,000

+$371.3K More

$304/SqFt

+$102 More

KEY TAKEAWAY

This property is $371.3K more than the Median Sold Price and $102/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: #6534921

Listing Office:

  • Office Name: RE/MAX Professionals

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Property Sales & Tax

Listing History

Dec 30, 2019Home Sold
$625,000
Feb 02, 2004Home Sold
$520,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,294$659,500
2019$10,066$659,500
2018$8,707$568,500
2017$8,090$531,500

History based on county public records data.

Payment Calculator

$4,281

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,210

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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-6421325
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 2.63 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6421326
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 1.55 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 $103,872. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most 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 225 Bank St SE

What is the listing price of this property?

The listing price of 225 Bank St SE property is $715,000.

What type of property is this?

The property 225 Bank St SE is a townhouse located in Minneapolis, Minnesota, 55414.

Is this property for sale now?

Active Listing: 225 Bank St SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 225 Bank St SE are:
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 $9,294 (source: MLS/based on county public records data).

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

The last sale was on December 30, 2019 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 225 Bank St SE has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 225 Bank St SE is 2,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 225 Bank St SE is 1995.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55414›225 Bank St SE

This home is located at 225 Bank St SE in Minneapolis, MN and zip code 55414 in the Nicollet Island / East Bank neighborhood. This 2,350 square foot home was built in 1995. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $715,000.

In April 2024 more than 519 listings in Minneapolis, MN were sold above the asking price. During the same period more than 228 listings were sold at asking price, while more than 337 were sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. In April 2024 median list price was $343,683 and the average listing age was 27 days.

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

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