7 months on rocket

1516 27th St, Minneapolis, MN, 55408

$875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath, 2 Partial
2,453 SqFt
$357/SqFt
House

Location

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1516 27th St, Minneapolis$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Electric Vehicle Charging Station(s), Garage Door Opener
Garage1 space
Year Built1905
HeatingBaseboard, Steam, Hot Water, Radiant
CoolingWall Unit(s)
BasementYes
MLS #6510475
StatusActive

About 1516 27th St

Enchanting East Isles home seamlessly blends historical allure with modern sophistication. Located just a block from scenic Lake of the Isles — enjoy biking, walking, kayaking, skating, and more! Inside, the timeless beauty of natural woodwork takes center stage with box beam ceilings, french doors, built-ins and hardwood floors throughout. The main level combines spaciousness with coziness, allowing effortless flow from living and dining areas to the cook’s kitchen, pantry and family room. Generous sunroom, elegant half bath and office nook complete the main level. Enjoy a primary suite with dressing area, half bath and versatile sunroom. The top floor is an inviting retreat with two bedrooms, ¾ bath and a tranquil treetop deck with lake views. Fenced back and side yards with a wrap-around brick patio. Quaint front brick patio too! Most recent updates include electrical work (2022) and 220V Tesla charger. This home has been pampered, preserved and smartly updated, and it shows!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 2,453 SqFt

Listing Office:

  • Office Name: Lynden Realty, Ltd.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Electric Vehicle Charging Station(s), Garage Door Opener

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Hot Water, Radiant
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: East Lake of the Isles Parkway to W. 27th Street. East to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $357/SqFt
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1516 27th St vs Minneapolis

217 DAYS ON ROCKET

+183 Days

$875,000

+$525.1K More

$357/SqFt

+$155 More

KEY TAKEAWAY

This property is $525.1K more than the Median Sold Price and $155/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: #6510475

Listing Office:

  • Office Name: Lynden Realty, Ltd.

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Property Sales & Tax

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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.

Elementary School

school-card-donut-1985575
4
/10
  • Kenwood Elementary

  • 2013 Penn Ave S

  • 0.67 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1985576
1
/10
  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.58 miles

  • Public District Grades 6-8

school-card-donut-1985577
7
/10
  • Anthony Middle School

  • 5757 Irving Ave S

  • 3.85 miles

  • Public District Grades 6-8

High School

school-card-donut-1985578
7
/10
  • Southwest High School

  • 3414 W 47th St

  • 2.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,100. The most common annual income of people living in Minneapolis, MN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 27th St

What is the listing price of this property?

The listing price of 1516 27th St property is $875,000.

What type of property is this?

The property 1516 27th St is a house located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 1516 27th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 27th St are:
Kenwood Elementary: GreatSchools Rating 4/10
Anwatin Middle Community School: GreatSchools Rating 1/10
Anthony Middle School: GreatSchools Rating 7/10
Southwest High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1516 27th St has 4 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1516 27th St is 2,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 27th St is 1905.

Rocket HomesMinnesotaHennepin CountyMinneapolis554081516 27th St

This home is located at 1516 27th St in Minneapolis, MN and zip code 55408 in the Lake of the Isles neighborhood. This 2,453 square foot home was built in 1905. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $875,000.

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. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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