4 months on rocket

250 Park Ave Unit 603, Minneapolis, MN, 55415

$289,500

Home List Price

$3,438*

Closing Credit

2 Bedrooms
1 Full Bath
1,022 SqFt
$283/SqFt
Condo

Location

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250 Park Ave Unit 603, Minneapolis$289,500

Buyer Closing Credits

$3,438*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Heated Garage, Insulated Garage, Secured
Attached Garage1 space
Year Built1900
HeatingBaseboard
CoolingCentral Air
MLS #6575760
StatusActive

About 250 Park Ave Unit 603

Welcome to your dream urban retreat in the Historic American Trios building! This stunning 2 bedroom, 1 bathroom downtown loft epitomizes luxury living with its perfect blend of historic charm and modern amenities. Upon entering, you'll be captivated by the soaring ceilings and exposed brick walls that create an airy, stylish ambiance. The Brazilian Cherry hardwood flooring adds a touch of sophistication. The heart of this home is the gourmet kitchen, featuring a top-of-the-line Viking range and beautiful cherry cabinets, making it a culinary enthusiast's paradise. Large downtown-facing windows flood the space with natural light and offer breathtaking skyline views that are sure to impress. This loft offers more than just a beautiful living space; it provides a lifestyle of convenience and luxury. Enjoy the ease of valet parking and take advantage of the shared amenities, including two workout rooms equipped with state-of-the-art equipment and a rooftop lounge complete with a grilling area and stunning views. The location is unbeatable, with the light rail, Trader Joe’s, Mill City Farmers Market, US Bank Stadium, and an off-leash dog park just steps away. Additionally, a plethora of restaurants and parks are within walking distance, ensuring you’re always close to the action. Experience the best of downtown living in the Historic American Trios building. This loft is more than just a home—it's a sanctuary where luxury meets convenience. Don't miss the opportunity to make this exceptional loft your own. Schedule a private showing today and see for yourself why this is truly a must-see property!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,022 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, 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: Attached Garage, Heated Garage, Insulated Garage, Secured

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of 3rd Street and Park Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,500
  • Price Per SqFt: $283/SqFt

HOA Fees:

  • Amount: $751
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,950
  • 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 603 vs Minneapolis

148 DAYS ON ROCKET

+115 Days

$289,500

-$60.4K Less

$283/SqFt

+$81 More

KEY TAKEAWAY

This property is $60.4K less than the Median Sold Price and $81/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: #6575760

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

Dec 15, 2010Home Sold
$215,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,950$294,000
2019$4,503$309,500
2018$4,377$292,000
2017$4,120$273,000

History based on county public records data.

Payment Calculator

$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$934

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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-949847
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-949848
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-949849
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. Typical family type is single, no kids. 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 603

What is the listing price of this property?

The listing price of 250 Park Ave Unit 603 property is $289,500.

What type of property is this?

The property 250 Park Ave Unit 603 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 603 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 $3,950 (source: MLS/based on county public records data).

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

The last sale was on December 15, 2010 for $215,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 603 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 250 Park Ave Unit 603 is 1,022 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 603 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 603

This home is located at 250 Park Ave Unit 603 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,022 square foot home was built in 1900. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $289,500.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. 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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