2 months on rocket

250 Park Ave Unit 310, Minneapolis, MN, 55415

$265,000

Home List Price

$3,147*

Closing Credit

1 Bedroom
1 Full Bath
899 SqFt
$295/SqFt
Condo

Location

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250 Park Ave Unit 310, Minneapolis$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Underground
Attached Garage1 space
Year Built1900
HeatingBaseboard, Hot Water
CoolingCentral Air
MLS #6592414
StatusActive

About 250 Park Ave Unit 310

Carved out of a former warehouse and manufacturing plant, this century old building now houses 90 residential homes, collectively known as American Trio Lofts. Like many true loft conversions in Minneapolis, the interiors incorporate a striking mix of old and new. Exposed brick walls, concrete pillars and sash windows are just a few of the vintage details you'll find inside. Located just a few blocks from the Mississippi, American Trio has countless destinations within walking distance. Within the building, residents have access to a newly remodeled rooftop, updated gym on the 1st floor, and 24/7 valet parking.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 899 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Oven, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Park, just south of Washington. Park Ave is a one-way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $295/SqFt

HOA Fees:

  • Amount: $796
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,487
  • 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

250 Park Ave Unit 310 vs Minneapolis

85 DAYS ON ROCKET

+51 Days

$265,000

-$84.8K Less

$295/SqFt

+$93 More

KEY TAKEAWAY

This property is $84.8K less than the Median Sold Price and $93/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: #6592414

Listing Office:

  • Office Name: Compass

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:22:47 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

Jul 25, 2017Home Sold
$285,000
May 10, 2017Home Sold
$79,171
Dec 08, 2016Home Sold
$76,000
Nov 25, 2013Home Sold
$220,000
Sep 02, 2010Home Sold
$165,000
Jun 11, 2010Home Sold
$72,000
Sep 12, 2005Home Sold
$229,600

Tax History

YEARPROP. TAXASSESSMENT
2020$3,487$272,000
2019$4,006$275,045
2018$3,872$257,605
2017$3,609$238,530

History based on county public records data.

Payment Calculator

$2,186

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-423346
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-423347
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-423348
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. Most Minneapolis, MN residents have annual incomes between $35k-100k. 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 310

What is the listing price of this property?

The listing price of 250 Park Ave Unit 310 property is $265,000.

What type of property is this?

The property 250 Park Ave Unit 310 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 310 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 $3,487 (source: MLS/based on county public records data).

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

The last sale was on July 25, 2017 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 310 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 310 is 899 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 310 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 310

This home is located at 250 Park Ave Unit 310 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 899 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $265,000.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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