Sold in 25 Days

401 2nd St Unit 423, Minneapolis, MN, 55401

Closed On : Thu Dec 12 2024

$450,000

red-arrow-pointing-down$5K Below Asking

List Price : $455,000
2 Bedrooms
1 Full Bath
1,425 SqFt
Condo

Location

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Comparable Homes

Price Details

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

401 2nd St Unit 423 vs Minneapolis

62 DAYS ON ROCKET

+29 Days

$450,000

+$100K More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

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Property Sales & Tax

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$2,983

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,431

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NMLS#3030

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-1274261
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.54 miles

  • Public Charter Grades KG-4

school-card-donut-1274262
3
/10

  • Webster Community School

  • 425 5th St NE

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-1274263
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 1.05 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 $101,546. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›401 2nd St Unit 423

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. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. 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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