2 months on rocket

2885 Knox Ave S Unit 505, Minneapolis, MN, 55408

$340,000

Home List Price

$4,038*

Closing Credit

2 Bedrooms
1 Full Bath
1,295 SqFt
$263/SqFt
Condo

Location

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2885 Knox Ave S Unit 505, Minneapolis$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Heated Garage, Insulated Garage, Secured, Underground
Garage1 space
Year Built1975
HeatingForced Air
CoolingCentral Air
MLS #6600305
StatusActive

About 2885 Knox Ave S Unit 505

This beautifully updated 2-bed, 2-bath Minneapolis condo is a must see! Located in the heart of Uptown, you’re just steps away from Bde Mka Ska, Lake of the Isles, the Greenway, shops, restaurants, and much more! This home features an open floor plan with lovely kitchen featuring a center island, tile backsplash , and stainless steel appliances. 2 spacious bedrooms, laundry in-unit, large balcony, and ample storage throughout. Gorgeous bathrooms with tile floors and showers. Private primary bath with huge walk-in closet. Heated garage, car wash, rooftop is currently being remodeled and will soon offer beautiful views of the lakes and downtown. Welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,295 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Heated Garage, Insulated Garage, Secured, Underground

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lagoon to Knox Ave. S., right on Knox Ave. S., property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $263/SqFt

HOA Fees:

  • Amount: $985
  • 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 505 vs Minneapolis

64 DAYS ON ROCKET

+30 Days

$340,000

-$9.8K Less

$263/SqFt

+$61 More

KEY TAKEAWAY

This property is $9.8K less than the Median Sold Price and $61/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: #6600305

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/21/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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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.

Nearby Schools

school-card-donut-304865
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-304866
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.06 miles

  • Public Magnet Grades PK-5

school-card-donut-304867
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. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are 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 2885 Knox Ave S Unit 505

What is the listing price of this property?

The listing price of 2885 Knox Ave S Unit 505 property is $340,000.

What type of property is this?

The property 2885 Knox Ave S Unit 505 is a condo located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 2885 Knox Ave S Unit 505 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 505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2885 Knox Ave S Unit 505 is 1,295 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2885 Knox Ave S Unit 505 is 1975.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›2885 Knox Ave S Unit 505

This home is located at 2885 Knox Ave S Unit 505 in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 1,295 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $340,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

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