1 month on rocket

250 Park Ave Unit 512, Minneapolis, MN, 55415

$238,000

Home List Price

$2,826*

Closing Credit

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

Location

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250 Park Ave Unit 512, Minneapolis$238,000

Buyer Closing Credits

$2,826*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Covered, Concrete, Heated Garage, Storage, Underground
Attached Garage1 space
Year Built1900
HeatingForced Air
CoolingCentral Air
MLS #6628960
StatusActive

About 250 Park Ave Unit 512

Historic loft building with countless amenities and 24 hour valet service at no extra cost. Vehicles kept in heated basement. This loft unit has 12 foot ceilings, exposed brick, concrete floors and column. Stay fit in the new gym and yoga studio. Best neighborhood for walkability; walking trails, light rail and Trader Joe’s on same block. Walk to Day Block Brewing and Milly's wine bar or wander around the St Anthony Main area where theaters, restaurants and outdoor patios are abundant. Weekend activities at Mill City Farmers Market, US Bank Stadium, biking on regional path & shopping outside your doorstep. Relax on rooftop deck that has BBQ grill, relax or entertain your friends with amazing views day/night of the US Bank Stadium, the Mississippi river and Minneapolis skyline. Urban loft living at its best! Storage available in lower level. Agent is property owner and will deal direct with buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 808 SqFt

Listing Office:

  • Office Name: Relocation Team Worldwide, Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, 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, Covered, Concrete, Heated Garage, Storage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Park Avenue and 3rd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $238,000
  • Price Per SqFt: $295/SqFt

HOA Fees:

  • Amount: $695
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,371
  • 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 512 vs Minneapolis

41 DAYS ON ROCKET

+8 Days

$238,000

-$111.9K Less

$295/SqFt

+$93 More

KEY TAKEAWAY

This property is $111.9K 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: #6628960

Listing Office:

  • Office Name: Relocation Team Worldwide, Inc

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Last updated on: 12/19/2024, 11:52:49 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

Aug 30, 2005Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,371$252,000
2019$3,840$265,000
2018$3,732$250,000
2017$3,508$233,500

History based on county public records data.

Payment Calculator

$1,950

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$780

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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-451188
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-451189
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-451190
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. The majority of Minneapolis, MN residents have income between $35k-100k annually. The most common type of family is 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 512

What is the listing price of this property?

The listing price of 250 Park Ave Unit 512 property is $238,000.

What type of property is this?

The property 250 Park Ave Unit 512 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 512 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 $3,371 (source: MLS/based on county public records data).

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

The last sale was on August 30, 2005 for $195,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 512 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 512 is 808 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 512 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 512

This home is located at 250 Park Ave Unit 512 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 808 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $238,000.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. The median list price of listings available in November 2024 was $349,986, while the average time on the real estate market was 33 days.

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

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