5 months on rocket

521 7th St Unit 611, Minneapolis, MN, 55415

$299,900

Home List Price

$3,561*

Closing Credit

2 Bedrooms
2 Full Baths
1,351 SqFt
$222/SqFt
Condo

Location

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521 7th St Unit 611, Minneapolis$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Detached, Garage Door Opener, Heated Garage, Secured
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
FireplaceGas, Living Room
MLS #6557949
StatusActive

About 521 7th St Unit 611

Discover the perfect blend of historic charm and modern convenience in this spacious 2 bed, 2 full bath loft-style unit. This unique home features a stunning 15 ft brick ceiling, abundant natural light, a cozy gas fireplace, and in-unit laundry. One of the few units in the building with its own private balcony, it also includes a heated and secured parking stall and additional storage space. The building offers an incredible rooftop patio with a firepit, grills, and ample seating, perfect for entertaining while enjoying breathtaking views. Located within easy walking distance to US Bank Stadium, the light rail station, the river, numerous shops, restaurants, and Commons Park, this condo provides the best of downtown living. Enjoy proximity to the skyway and all the vibrant amenities the city has to offer! Association is approved for VA financing

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,351 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Detached, Garage Door Opener, Heated Garage, Secured

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 5th Ave to 7th Street to buiding

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $514
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

521 7th St Unit 611 vs Minneapolis

158 DAYS ON ROCKET

+125 Days

$299,900

-$50K Less

$222/SqFt

+$20 More

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $20/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: #6557949

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Last updated on: 12/17/2024, 8:22:50 PM 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

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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-4233550
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-4233551
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.89 miles

  • Public Charter Grades KG-5

school-card-donut-4233552
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. Most Minneapolis, MN residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 521 7th St Unit 611

What is the listing price of this property?

The listing price of 521 7th St Unit 611 property is $299,900.

What type of property is this?

The property 521 7th St Unit 611 is a condo located in Minneapolis, Minnesota, 55415.

Is this property for sale now?

Active Listing: 521 7th St Unit 611 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 611 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 521 7th St Unit 611 is 1,351 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 7th St Unit 611 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55415›521 7th St Unit 611

This home is located at 521 7th St Unit 611 in Minneapolis, MN and zip code 55415 in the Elliot Park neighborhood. This 1,351 square foot home was built in 1926. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $299,900.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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