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250 Park Ave Unit 306, Minneapolis, MN, 55415

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
1 Full Bath
1,145 SqFt
$306/SqFt
Condo

Location

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250 Park Ave Unit 306, Minneapolis$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingHeated Garage, Underground
Garage1 space
Year Built1900
HeatingForced Air
CoolingCentral Air
MLS #6631938
StatusActive

About 250 Park Ave Unit 306

Welcome to this cool "Mill District" condo! Part of a converted glass factory built in 1910, the Historic "American Trios building", has exposed brick walls, concrete floors and pillars, soaring ceilings, and giant sash windows, just to name a few of the vintage details you'll find. This turnkey, southern exposure loft is much larger than others in the building & features a flexible, open layout with space for either a 2nd bedroom or home office. New refrigerator, remote control blinds and fresh paint throughout. Building amenities include 24hr valet parking, amazing roof top deck with panoramic views of the city below & fitness room. This is the ideal location - close to the riverfront, Guthrie Theater, Mill City Farmers Market, Trader Joe’s, and US Bank Stadium.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,145 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Park Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $306/SqFt

HOA Fees:

  • Amount: $806
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,947
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

250 Park Ave Unit 306 vs Minneapolis

36 DAYS ON ROCKET

+3 Days

$350,000

+$13 More

$306/SqFt

+$104 More

KEY TAKEAWAY

This property is $13 more than the Median Sold Price and $104/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: #6631938

Listing Office:

  • Office Name: Real Broker, LLC

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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

Listing History

Jun 03, 2016Home Sold
$305,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,947$302,500
2019$4,526$309,925
2018$4,375$290,305
2017$4,084$269,050

History based on county public records data.

Payment Calculator

$2,620

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-951538
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-951539
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-951540
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 1.23 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,721. Residents of Minneapolis, MN typically earn between $35k-100k each year. The majority of families are 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 250 Park Ave Unit 306

What is the listing price of this property?

The listing price of 250 Park Ave Unit 306 property is $350,000.

What type of property is this?

The property 250 Park Ave Unit 306 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 306 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 $3,947 (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 3, 2016 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 306 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 306 is 1,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 306 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 306

This home is located at 250 Park Ave Unit 306 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,145 square foot home was built in 1900. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $350,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 33 days, the median list price was $349,986.

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

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