3 months on rocket

250 Park Ave Unit 714, Minneapolis, MN, 55415

$529,900

Home List Price

$6,293*

Closing Credit

2 Bedrooms
1 Full Bath
1,422 SqFt
$373/SqFt
Condo

Location

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250 Park Ave Unit 714, Minneapolis$529,900

Buyer Closing Credits

$6,293*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Heated Garage, Other, Parking Garage, Secured, Valet Parking for Fee
Attached Garage1 space
Year Built1900
HeatingBaseboard, Forced Air
CoolingCentral Air
MLS #6580894
StatusActive

About 250 Park Ave Unit 714

Rare opportunity to own a NYC loft-style penthouse in the historic Mill District. Part of a converted glass factory built in 1910, this two-level 2-bed, 2-bath condo offers 20' ceilings and dramatic views of both US Bank Stadium and the Guthrie Theater. The recent renovation includes a professionally designed kitchen with solid wood cabinets, Cambria® stone counters, and a 6’ x 6’ custom-built wood square island that seats 6+. The primary retreat features motorized blackout shades, walk-in closet, and a luxury master bath with a walk-in shower and full laundry. Other desirable design features include concrete floors, exposed brick, and California Closets®. The building offers 24/7 valet service, security, rooftop lounge, fitness center, and yoga room. Located near the Mississippi River, Stone Arch Bridge, farmers markets, museums, premier fitness facilities, award-winning restaurants, and more. Truly move-in ready, this unique home is perfect for stylish downtown living.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,422 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • 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, Other, Parking Garage, Secured, Valet Parking for Fee

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of S 3rd Street and Park Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,900
  • Price Per SqFt: $373/SqFt

HOA Fees:

  • Amount: $934
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,402
  • 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 714 vs Minneapolis

108 DAYS ON ROCKET

+74 Days

$529,900

+$180K More

$373/SqFt

+$171 More

KEY TAKEAWAY

This property is $180K more than the Median Sold Price and $171/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: #6580894

Listing Office:

  • Office Name: Compass

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Last updated on: 11/21/2024, 11:52:47 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

Jun 09, 2015Home Sold
$320,000
Jun 15, 2011Home Sold
$175,000
Aug 16, 2010Home Sold
$315,758
Sep 16, 2005Home Sold
$389,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,402$403,000
2019$6,169$424,000
2018$5,981$398,760
2017$5,450$360,610

History based on county public records data.

Payment Calculator

$3,646

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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-492154
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-492155
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-492156
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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 Park Ave Unit 714

What is the listing price of this property?

The listing price of 250 Park Ave Unit 714 property is $529,900.

What type of property is this?

The property 250 Park Ave Unit 714 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 250 Park Ave Unit 714 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 $5,402 (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 9, 2015 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 250 Park Ave Unit 714 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 250 Park Ave Unit 714 is 1,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 Park Ave Unit 714 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›250 Park Ave Unit 714

This home is located at 250 Park Ave Unit 714 in Minneapolis, MN and zip code 55415 in the Downtown East neighborhood. This 1,422 square foot home was built in 1900. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $529,900.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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