9 months on rocket

2885 Knox Ave S Unit 502, Minneapolis, MN, 55408

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Baths
1,497 SqFt
$418/SqFt
Condo

Location

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2885 Knox Ave S Unit 502, Minneapolis$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Insulated Garage, Underground, Open
Attached Garage2 spaces
Year Built1979
HeatingForced Air
CoolingCentral Air
MLS #6498935
StatusActive

About 2885 Knox Ave S Unit 502

This is the one you've been waiting for! Newly renovated corner end unit condo with beautiful lake views of Bde Maka Ska and Isles. Step out for your lake walks in seconds. Enjoy the multiple other recreating activities “the Lakes” have to offer: Biking, canoeing, kayaking, sailing, cross country skiing and more. Enjoy both your private balcony overlooking the lake for relaxing and entertaining. Gorgeous sunsets from your 5thfloor perch. This condo has been renovated with loving care. Open floor plan for easy living and for socializing. All updating incudes includes high-end finishes and quality appliances. Master Suite features Walk-in closet & Rain Head shower. Heated underground parking and onsite car wash station. Walking distance to both Bde Maka Ska and Lake of the Isles, close to restaurants, bars and grocery stores. Building rooftop, with spectacular lake and skyline view. Two parking stalls. One is heated and underground and the second spot is on outside ramp deck.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 1,497 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Oven, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Insulated Garage, Underground, Open

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hennepin South, Right on Lagoon Westbound, Right on Knox. Lots of extra parking on the Mall adjacent to building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $418/SqFt

HOA Fees:

  • Amount: $1230
  • Frequency: Monthly
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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

2885 Knox Ave S Unit 502 vs Minneapolis

291 DAYS ON ROCKET

+258 Days

$625,000

+$275K More

$418/SqFt

+$216 More

KEY TAKEAWAY

This property is $275K more than the Median Sold Price and $216/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: #6498935

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/21/2024, 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-884122
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-884123
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.06 miles

  • Public Magnet Grades PK-5

school-card-donut-884124
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 1.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,973. The most common annual income of people living in Minneapolis, MN is between $35k-100k. 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 2885 Knox Ave S Unit 502

What is the listing price of this property?

The listing price of 2885 Knox Ave S Unit 502 property is $625,000.

What type of property is this?

The property 2885 Knox Ave S Unit 502 is a condo located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 2885 Knox Ave S Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2885 Knox Ave S Unit 502 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2885 Knox Ave S Unit 502 is 1,497 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2885 Knox Ave S Unit 502 is 1979.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›2885 Knox Ave S Unit 502

This home is located at 2885 Knox Ave S Unit 502 in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 1,497 square foot home was built in 1979. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $625,000.

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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