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250 Park Ave Unit 407, Minneapolis, MN, 55415

$289,900

Home List Price

$3,443*

Closing Credit

1 Bedroom
1 Full Bath
850 SqFt
$341/SqFt
Condo
Schools Nearby

Location

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250 Park Ave Unit 407, Minneapolis$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Underground
Attached Garage1 space
Year Built1900
HeatingBaseboard
CoolingCentral Air
MLS #6496344
StatusActive

About 250 Park Ave Unit 407

This charming one-bedroom, one-bathroom loft is nestled in the heart of the Mill District neighborhood in beautiful Minneapolis. With its convenient location, you’ll have easy access to all that this vibrant city has to offer. The unit boasts a spacious living area and a well-appointed kitchen with modern appliances, making it perfect for both relaxing and entertaining. The bedroom is cozy and offers a peaceful retreat at the end of the day. The bathroom is stylish and functional, ensuring your comfort. Additionally, the building provides amenities such as a fitness center, an outstanding rooftop area, and valet parking. With its central location and modern amenities, this Loft is an excellent choice for anyone looking for a comfortable and convenient urban living experience in Minneapolis. ***ASSESSMENT PAYED IN FULL ***

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 850 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Other, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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: Take I-35W N and stay on it until the 3rd St (towards U of M West bank). Keep and follow signs for 3rd St. Continue onto S 3rd St. Right on Park Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $341/SqFt

HOA Fees:

  • Amount: $761
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,411
  • 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

250 Park Ave Unit 407 vs Minneapolis

92 DAYS ON ROCKET

+65 Days

$289,900

-$53.7K Less

$341/SqFt

+$139 More

KEY TAKEAWAY

This property is $53.7K less than the Median Sold Price and $139/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: #6496344

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 6/1/2024, 11:22:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2019Home Sold
$240,000
Aug 25, 2009Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,411$255,000
2019$3,891$268,500
2018$3,784$253,500
2017$3,561$237,000

History based on county public records data.

Payment Calculator

$2,275

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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-6357370
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.33 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6357371
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 2.26 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 $107,721. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Park Ave Unit 407

What is the listing price of this property?

The listing price of 250 Park Ave Unit 407 property is $289,900.

What type of property is this?

The property 250 Park Ave Unit 407 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 250 Park Ave Unit 407 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 $3,411 (source: MLS/based on county public records data).

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

The last sale was on October 31, 2019 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 407 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 407 is 850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 407 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 407

This home is located at 250 Park Ave Unit 407 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 850 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $289,900.

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. The median list price of listings available in April 2024 was $343,683, while the average time on the real estate market was 27 days.

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

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