21 days on rocket

521 7th St Unit 221, Minneapolis, MN, 55415

$249,500

Home List Price

$2,963*

Closing Credit

1 Bedroom
1 Full Bath
759 SqFt
$329/SqFt
Condo
Schools Nearby

Location

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521 7th St Unit 221, Minneapolis$249,500

Buyer Closing Credits

$2,963*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Detached, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Underground
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
FireplaceGas, Living Room
MLS #6534260
StatusActive

About 521 7th St Unit 221

Welcome to your urban oasis here at the Sexton Lofts! Enjoy the convenience of city living in the growing & hustling community downtown Minneapolis. This unit offers warm & stunning lighting thru a huge wall of windows, beautiful exposed brick, soaring ceilings, concrete pillars, large open kitchen w/ island, granite countertops, stainless steel appliances...and so much more! Enjoy your coffee on the spacious balcony, cozy up next to the fireplace w/ your favorite book, or host your friends/family with your culinary treats made in your updated and spacious kitchen...you'll love all the moments & memories this unit is ready to offer you as your new home. Includes 1 heated/secured parking stall. Amenities: spacious lobby, secured package room, on-site manager, & stunning rooftop! Pets & rentals are allowed with reasonable restrictions. Healthy HOA. Amazing location just one block from the skyway access, two blocks to the Light Rail station and so many cafes, restaurant & night life.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 759 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Covered, Detached, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, 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: 94W to S 7th Street. Take Exit 234B. Slight Right onto S 7th St. Home on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,500
  • Price Per SqFt: $329/SqFt

HOA Fees:

  • Amount: $385
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

521 7th St Unit 221 vs Minneapolis

21 DAYS ON ROCKET

-6 Days

$249,500

-$94.1K Less

$329/SqFt

+$127 More

KEY TAKEAWAY

This property is $94.1K less than the Median Sold Price and $127/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: #6534260

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 6/1/2024, 1:22:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

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-6444621
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.67 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6444622
3
/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. The most common annual income of people living in Minneapolis, MN is less than $35k. The most common type of family is 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 221

What is the listing price of this property?

The listing price of 521 7th St Unit 221 property is $249,500.

What type of property is this?

The property 521 7th St Unit 221 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 521 7th St Unit 221 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 221 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 521 7th St Unit 221 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 521 7th St Unit 221 is 759 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 7th St Unit 221 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›521 7th St Unit 221

This home is located at 521 7th St Unit 221 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 759 square foot home was built in 1926. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $249,500.

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. Between March 2024 and April 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.8%. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $343,683.

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

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