8 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

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2885 Knox Ave S Unit 502 vs Minneapolis

244 DAYS ON ROCKET

+210 Days

$625,000

+$275.1K More

$418/SqFt

+$216 More

KEY TAKEAWAY

This property is $275.1K 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: 11/5/2024, 9:22:48 AM 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.

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$4,417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-2007170
4
/10

  • Kenwood Elementary

  • 2013 Penn Ave S

  • 0.87 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2007171
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.76 miles

  • Public District Grades 6-8

school-card-donut-2007172
7
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 3.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2007173
7
/10

  • Southwest High School

  • 3414 W 47th St

  • 2.38 miles

  • Public District Grades 9-12

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. Residents of this area typically have post secondary degree education.

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.

What are the assigned schools for this property?

The assigned schools for 2885 Knox Ave S Unit 502 are:
Kenwood Elementary: GreatSchools Rating 4/10
Anwatin Middle Community School: GreatSchools Rating 1/10
Anthony Middle School: GreatSchools Rating 7/10
Southwest High School: GreatSchools Rating 7/10

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 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. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

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

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