14 days on rocket

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

$455,000

Home List Price

$5,403*

Closing Credit

2 Bedrooms
1 Full Bath
1,425 SqFt
$319/SqFt
Condo

Location

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401 2nd St Unit 423, Minneapolis$455,000

Buyer Closing Credits

$5,403*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Asphalt, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Paved, Secured, Storage, Underground
Attached Garage1 space
Year Built2005
HeatingBaseboard, Hot Water, Radiant
CoolingCentral Air
MLS #6621347
StatusActive

About 401 2nd St Unit 423

10’ ceilings, and floor to ceiling windows fill this 4th floor unit with western exposure and light! Open kitchen and living room with eating space in addition to the center island space. This 2 br/2 bath unit has private primary bath and walk-thru closet and the 2nd bedroom features a walk-through full bath. Newer washer and dryer. This association has had common areas updated, new roof in 2023, 2 new AC units, both work out rooms updated with new equipment including Pelotons, EV chargers in garage, both community rooms updated, the garage is washed 2x year, this association even washes the exterior windows 2x year. Association dog run access on P2, Roof top patio on 7th floor with gas fire pit and one on 5th Floor with grills. Community room on 5th floor, workout facility on 6th floor. Very well run association.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,425 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, 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: Yes
  • Parking: Assigned, Attached Garage, Asphalt, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Paved, Secured, Storage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: Washington to 5th Ave - go north to complex - main lobby on 2nd Street N.

Price Information

Listing Price Info

Price Summary:

  • List Price: $455,000
  • Price Per SqFt: $319/SqFt

HOA Fees:

  • Amount: $645
  • 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

401 2nd St Unit 423 vs Minneapolis

14 DAYS ON ROCKET

-20 Days

$455,000

+$105.1K More

$319/SqFt

+$117 More

KEY TAKEAWAY

This property is $105.1K more than the Median Sold Price and $117/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: #6621347

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/5/2024, 6:22:48 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.

Middle School

school-card-donut-34805
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-34806
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 1.91 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 $101,546. 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. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 2nd St Unit 423

What is the listing price of this property?

The listing price of 401 2nd St Unit 423 property is $455,000.

What type of property is this?

The property 401 2nd St Unit 423 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 401 2nd St Unit 423 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 2nd St Unit 423 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 401 2nd St Unit 423 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 2nd St Unit 423 is 1,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 2nd St Unit 423 is 2005.

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

This home is located at 401 2nd St Unit 423 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,425 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $455,000.

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. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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