6 months on rocket

1701 Madison St NE Unit 208, Minneapolis, MN, 55413

$324,900

Home List Price

$3,858*

Closing Credit

2 Bedrooms
1 Full Bath
1,193 SqFt
$272/SqFt
Condo

Location

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1701 Madison St NE Unit 208, Minneapolis$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Secured, Underground
Attached Garage1 space
Year Built1921
HeatingForced Air
CoolingCentral Air
MLS #6529211
StatusActive

About 1701 Madison St NE Unit 208

This stunning 2-bed loft is situated in the heart of Northeast's art district & is only available due to job relocation. Live & love life in this urban oasis - from the abundant natural light pouring thru the huge windows to the industrial finishes literally from concrete floors to vaulted ceiling... to the walkable access to some of the city's best eateries, distilleries, breweries, cafes, parks and trails. Whether you enjoy hosting/impressing friends & family or the opportunity to retreat & indulge in your own peaceful & private sanctuary... this place is simply perfect. Pets and rentals allowed with reasonable limits & restrictions. 1 garage stall & storage unit included w/ a 2nd stall available for rent for $150/month. Access to the community room & onsite gym round out the true dream experience it is to make Madison Lofts your new home sweet home! Stop by and don't miss this opportunity to see it today!!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Living Area: 1,193 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Secured, Underground

Virtual/3D Tour

  • 3D Tour: 1701 Madison St NE Unit 208
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Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Broadway Ave NE to Monroe St NE - North on Monroe St NE to 17th Ave NE - West on 17th Ave NE to Madison St NE - North on Madison St NE to Property. Building & Guest Parking on the East Side of Madison St NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $272/SqFt

HOA Fees:

  • Amount: $488
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,595
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1701 Madison St NE Unit 208 vs Minneapolis

205 DAYS ON ROCKET

+171 Days

$324,900

-$24.9K Less

$272/SqFt

+$70 More

KEY TAKEAWAY

This property is $24.9K less than the Median Sold Price and $70/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: #6529211

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/23/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2018Home Sold
$315,000
Oct 26, 2016Home Sold
$213,000
Oct 04, 2013Home Sold
$194,021

Tax History

YEARPROP. TAXASSESSMENT
2020$3,595$279,000
2019$3,947$267,365
2018$3,757$249,925
2017$3,502$231,395

History based on county public records data.

Payment Calculator

$2,177

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-1113123
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 0.58 miles

  • Public Magnet Grades PK-5

school-card-donut-1113124
2
/10

  • Banaadir Elementary School

  • 1800 2nd St NE

  • 0.65 miles

  • Public Charter Grades KG-4

school-card-donut-1113125
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.78 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,456. The majority of Minneapolis, MN residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1701 Madison St NE Unit 208

What is the listing price of this property?

The listing price of 1701 Madison St NE Unit 208 property is $324,900.

What type of property is this?

The property 1701 Madison St NE Unit 208 is a condo located in Minneapolis, Minnesota, 55413.

Is this property for sale now?

Active Listing: 1701 Madison St NE Unit 208 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,595 (source: MLS/based on county public records data).

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

The last sale was on June 11, 2018 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1701 Madison St NE Unit 208 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1701 Madison St NE Unit 208 is 1,193 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1701 Madison St NE Unit 208 is 1921.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55413›1701 Madison St NE Unit 208

This home is located at 1701 Madison St NE Unit 208 in Minneapolis, MN and zip code 55413 in the Logan Park neighborhood. This 1,193 square foot home was built in 1921. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $324,900.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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