4 months on rocket

1240 2nd St Unit 1003, Minneapolis, MN, 55415

$620,000

Home List Price

$7,363*

Closing Credit

2 Bedrooms
1 Full Bath
1,407 SqFt
$441/SqFt
Condo

Location

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1240 2nd St Unit 1003, Minneapolis$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Underground, Units Vary
Garage2 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air
MLS #6583431
StatusActive

About 1240 2nd St Unit 1003

If you are looking for perfection…better than new…then this is it! This 2 bedrooms + den residence is stunning and absolutely move-in-ready. This highly desirable unit is only available due to relocation. Single owner who has meticulously cared for this beautiful sunlight-filled home with upgrades that include gleaming hardwood floors, gorgeous granite countertops, custom cabinetry, and stainless steel appliances. Open, flowing floor plan is thoughtful and well proportioned. Spacious closets, primary with en suite and luxurious bathroom. The den is multi functional with an attractive sliding barn door to optimize space. Presented in photos both as a home office/den… or… with the (included) murphy bed extended to provide an additional 3rd bedroom space perfect for extra guests. A spacious balcony with plenty of room to grill and sweeping panoramic views with an eastern exposure, including the University of Minnesota and the 35W bridge awash in color during the evenings. The Legacy sets the standard with amenities, that have recently been updated, which even include a golf simulator! Also including 24/7 front desk staff, outdoor pool and hot tub, sauna, community room with full kitchen, sprawling community patio with grilling stations, lawn bowling and fire pits, fitness center, weight room, dog run, and much more. Close proximity to restaurants, the Guthrie Theater, Stone Arch Bridge, U.S. Bank Stadium and beautiful riverfront parks and trails. You won’t find better! (Note - 2 parking stalls in the underground heated parking garage are included)

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 1,407 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Underground, Units Vary

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Washington and 11th Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $441/SqFt

HOA Fees:

  • Amount: $815
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

1240 2nd St Unit 1003 vs Minneapolis

128 DAYS ON ROCKET

+95 Days

$620,000

+$270K More

$441/SqFt

+$239 More

KEY TAKEAWAY

This property is $270K more than the Median Sold Price and $239/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: #6583431

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/22/2024, 11:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,977

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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.

Nearby Schools

school-card-donut-952229
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-952230
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 1.47 miles

  • Public Charter Grades KG-5

school-card-donut-952231
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 1.54 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is 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 1240 2nd St Unit 1003

What is the listing price of this property?

The listing price of 1240 2nd St Unit 1003 property is $620,000.

What type of property is this?

The property 1240 2nd St Unit 1003 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 1240 2nd St Unit 1003 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1240 2nd St Unit 1003 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 2nd St Unit 1003 is 1,407 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 2nd St Unit 1003 is 2018.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›1240 2nd St Unit 1003

This home is located at 1240 2nd St Unit 1003 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,407 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $620,000.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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