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Closed
  • $425,000

    1240 S 2nd St Unit 507, Minneapolis, MN 55415

    2beds
    1,062sqft
    High Rise
    Built in 2018
    -- sqft lot
    $411,200 Zestimate®
    $400/sqft
    $3,043 Estimated rent

    Home value

    $411,200

    $387,000 - $436,000

    $3,043/mo

    Zestimate® history
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    What's special

    Welcome to The Legacy! Amazing location, amenities, and community. This light-filled condo includes 2 beds, 2 baths, maple flooring and cabinetry, quartz countertops, custom backsplash in kitchen, ample storage space, in-unit full size washer/dryer, custom frameless glass shower, all with panoramic views to the east. Spacious balcony w/ gas line for grilling overlooks the 2nd floor patio space with gardens, bocce ball courts and more. Amenities include 24/7 front desk staff, golf simulator, outdoor pool, multiple gyms, community room, huge outdoor patio w/ fire pits, playground, game room, indoor guest parking. Quick access to Gold Medal Park, riverfront, boutiques, restaurants, and so much more that the Mill District has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taryn C Kelzer 612-819-0794,

    Coldwell Banker Realty,

    Kelly Mathisen 651-341-9845

    Bought with:

    Tony Farah

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6558846MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 2
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Deck
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 14x6
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Laundry
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 6x5
    Living room
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Walk in closet
    • Level: Main
    • Area: 66 Square Feet
    • Dimensions: 11x6
    Heating
    • Baseboard, Forced Air, Hot Water
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Room, Main Level, In Unit
    Features
    • Basement: Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 1,062
    • Total interior livable area: 1,062 sqft
    • Finished area above ground: 1,062
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached, Concrete, Shared Driveway, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Secured, Tandem Garage, Underground, Varies by Unit
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Stairs Internal
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Outdoor Pool, Shared
    • Fencing: None
    Lot
    • Size: 4.27 Acres
    Details
    • Foundation area: 1062
    • Parcel number: 2602924110721
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: High Rise
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Electric, Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Lights, Secured Garage/Parking
    • Subdivision: Cic 2057 Legacy Lofts A Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Other, Patio, Sauna, Security Building, Security Lighting
    • Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
    • HOA fee: $647 monthly
    • HOA name: First Service Residential
    • HOA phone: 952-277-2700
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $375,000
    • Annual tax amount: $4,775
    • Date on market: 6/27/2024
    • Cumulative days on market: 40 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2024Sold$425,000-2.9%$400/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6558846 Report a problem
    8/6/2024Pending sale$437,500$412/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6558846 Report a problem
    6/27/2024Listed for sale$437,500+12%$412/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6558846 Report a problem
    1/18/2019Sold$390,644$368/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4984446 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,460 +13%$375,000
    2024$4,832 -1.5%$375,000 +2.5%
    2023$4,908 -7.1%$366,000 -1.9%
    2022$5,280 +10.4%$373,000 -2.1%
    2021$4,784 -6%$381,000 +6.1%
    2020$5,087 +6.3%$359,000 +1.7%
    2019$4,784 -6%$353,000 +263.1%
    2018$5,087 $97,223
    Find assessor info on the county website

    Neighborhood: Downtown East

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $411,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $411,200