29 days on rocket

250 Park Ave Unit 515, Minneapolis, MN, 55415

$188,800

Home List Price

$2,242*

Closing Credit

1 Bedroom
1 Full Bath
661 SqFt
$286/SqFt
Condo

Location

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250 Park Ave Unit 515, Minneapolis$188,800

Buyer Closing Credits

$2,242*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6634426
StatusActive

About 250 Park Ave Unit 515

This unique luxury one-bedroom condo offers urban living with a rooftop patio and a fitness center. The condo features brick walls, stainless appliances, gorgeous countertops, and cabinets, as well as high ceilings and huge windows that enhance the luxury feeling. Additionally, all valet parking is provided for added convenience. The location of the condo, as it is near the bus line, light rail, US Bank Stadium, plus quick access to I35. You can easily explore the city and enjoy the amenities it has to offer. Trader Joe's is nearby for your grocery needs, and you can take a leisurely walk on the stone arch bridge. For relaxation, the iconic gold medal park is the perfect spot to unwind. Overall, this condo offers a unique and luxurious living experience with convenient access to transportation, amenities, and recreational areas.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 661 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I35 to Third St. So exit, Follow Third St to right on Park Ave, Condo on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $188,800
  • Price Per SqFt: $286/SqFt

HOA Fees:

  • Amount: $708
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,722
  • 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 515 vs Minneapolis

29 DAYS ON ROCKET

-4 Days

$188,800

-$161.1K Less

$286/SqFt

+$84 More

KEY TAKEAWAY

This property is $161.1K less than the Median Sold Price and $84/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: #6634426

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/22/2024, 10:22:50 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

Mar 18, 2019Home Sold
$229,900
Sep 16, 2005Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,722$219,000
2019$3,130$214,005
2018$3,019$199,835
2017$2,807$184,575

History based on county public records data.

Payment Calculator

$1,718

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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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-956156
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-956157
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-956158
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 most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Park Ave Unit 515

What is the listing price of this property?

The listing price of 250 Park Ave Unit 515 property is $188,800.

What type of property is this?

The property 250 Park Ave Unit 515 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 515 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 $2,722 (source: MLS/based on county public records data).

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

The last sale was on March 18, 2019 for $229,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 515 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 515 is 661 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 515 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 515

This home is located at 250 Park Ave Unit 515 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 661 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $188,800.

Minneapolis, MN housing market in November 2024 saw over 283 listings sold above listed price, more than 203 sold at listed price and over 403 sold below. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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