10 months on rocket

521 7th St Unit 605, Minneapolis, MN, 55415

$300,000

Home List Price

$3,563*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$286/SqFt
Condo

Location

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521 7th St Unit 605, Minneapolis$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
MLS #6471886
StatusActive

About 521 7th St Unit 605

Convenient City Living! Come see this spacious and historic downtown loft! Clean, open, light-filled design includes exposed brick, tall ceilings, an updated kitchen, built in entertainment cabinet with ambient lighting, and large windows and glass doors to a private balcony facing a courtyard where you can enjoy your morning coffee, evening cocktail or grill. The bedrooms comfortably fit a king size bed. The primary lofted bedroom has a full en-suite bath with a walk-in closet. The second bedroom includes a closet and bonus under-stair storage. A second full bathroom incorporates an in-unit laundry, and the unit includes an assigned underground parking space. Blocks from the US Bank Stadium and the metro blue and green line. Walk to the Mississippi River, Trader Joe’s, and restaurants. Starbucks is steps from the front door. The building is very pet friendly and has a wonderful rooftop patio. This is the place for you!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 394, exit on 6th Street and head East to Portland, then South to 7th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $286/SqFt

HOA Fees:

  • Amount: $505
  • 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

521 7th St Unit 605 vs Minneapolis

327 DAYS ON ROCKET

+293 Days

$300,000

-$49.8K Less

$286/SqFt

+$84 More

KEY TAKEAWAY

This property is $49.8K less than the Median Sold Price and $84/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: #6471886

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/21/2024, 11:22:49 AM 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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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-269836
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-269837
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.89 miles

  • Public Charter Grades KG-5

school-card-donut-269838
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.48 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,366. The most common annual income of people living in Minneapolis, MN is less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 521 7th St Unit 605

What is the listing price of this property?

The listing price of 521 7th St Unit 605 property is $300,000.

What type of property is this?

The property 521 7th St Unit 605 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 521 7th St Unit 605 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 521 7th St Unit 605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 521 7th St Unit 605 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 7th St Unit 605 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›521 7th St Unit 605

This home is located at 521 7th St Unit 605 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,050 square foot home was built in 1926. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $300,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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