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1225 Lasalle Ave Unit 501, Minneapolis, MN, 55403

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
1 Full Bath
677 SqFt
$207/SqFt
Condo

Location

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1225 Lasalle Ave Unit 501, Minneapolis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Detached, Concrete, Shared Driveway, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage
Garage1 space
Year Built1978
HeatingForced Air
CoolingCentral Air
MLS #6532048
StatusActive

About 1225 Lasalle Ave Unit 501

Lovely 1 bed/1 bath unit in the amazing Loring Park neighborhood. This unit has an updated kitchen and bathroom. Balcony provides views of the award winning designed plaza & green space, perfect for enjoying your morning coffee or evening happy hour. Amenities include recently updated community room with full kitchen, workout room with weights, treadmills, elliptical, rowing machine, and large outdoor plaza with grills, lounge chairs and tables for entertaining. The location can't be beat, with direct access to Nicollet Mall, you are walking distance to award winning restaurants, music & sporting venues, the Walker Art Center, shopping, coffee shops and Loring Park. 24 hour front desk attendant. Move-in ready. Active association with strong reserves. No pending assessments.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 677 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Basement: No

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, Concrete, Shared Driveway, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hennepin Ave to S 12th Street (one way street). Take right onto LaSalle Ave. Small guest parking area in front. If guest parking is full, please park at meter on 12th street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $207/SqFt

HOA Fees:

  • Amount: $736
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1225 Lasalle Ave Unit 501 vs Minneapolis

100 DAYS ON ROCKET

+66 Days

$140,000

-$209.8K Less

$207/SqFt

+$5 More

KEY TAKEAWAY

This property is $209.8K less than the Median Sold Price and $5/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: #6532048

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/21/2024, 7:22:48 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.

Payment Calculator

$1,502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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.

Nearby Schools

school-card-donut-398147
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.26 miles

  • Public Magnet Grades PK-5

school-card-donut-398148
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.81 miles

  • Public Charter Grades KG-5

school-card-donut-398149
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.21 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,128. The majority of Minneapolis, MN residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1225 Lasalle Ave Unit 501

What is the listing price of this property?

The listing price of 1225 Lasalle Ave Unit 501 property is $140,000.

What type of property is this?

The property 1225 Lasalle Ave Unit 501 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 1225 Lasalle Ave Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1225 Lasalle Ave Unit 501 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1225 Lasalle Ave Unit 501 is 677 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1225 Lasalle Ave Unit 501 is 1978.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›1225 Lasalle Ave Unit 501

This home is located at 1225 Lasalle Ave Unit 501 in Minneapolis, MN and zip code 55403 in the Loring Park neighborhood. This 677 square foot home was built in 1978. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $140,000.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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