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  • $470,500

    250 Park Ave Unit 702, Minneapolis, MN 55415

    2beds
    1,743sqft
    High Rise
    Built in 1900
    -- sqft lot
    $509,700 Zestimate®
    $270/sqft
    $3,558 Estimated rent

    Home value

    $509,700

    $474,000 - $550,000

    $3,558/mo

    Zestimate® history
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    What's special

    NEW YORK STYLE, MINNEAPOLIS LIFESTYLE! The abundance of light and an open floor-plan give this perfectly positioned top floor corner loft a sense of space like few others. Live the New York Loft lifestyle with twenty foot high ceilings, exposed ducting and track lighting along with exposed brick, stunning half moon shaped oversized windows and enjoy the largest and best positioned unit within the entire building. An updated kitchen serves as the heart of this stunning loft. High end appliances, sleek countertops and ample storage. Spanning across two levels with a dynamic layout that seamlessly blends privacy with an open, airy ambiance. Embrace the true essence of loft living. Building features, gym, yoga, storage, on-site manager, amazing rooftop patio and grills. Pet friendly building. Special assessment paid off by seller at closing with acceptable offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Spiteri 651-410-4080,

    Lakes Sotheby's International Realty

    Bought with:

    Mark J Duevel

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6450161MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 18x10
    Bedroom 2
    • Level: Upper
    • Area: 312 Square Feet
    • Dimensions: 24x13
    Dining room
    • Level: Main
    • Area: 190 Square Feet
    • Dimensions: 19x10
    Foyer
    • Level: Main
    • Area: 45 Square Feet
    • Dimensions: 09x05
    Kitchen
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 12x07
    Living room
    • Level: Main
    • Area: 476 Square Feet
    • Dimensions: 28x17
    Heating
    • Baseboard
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler
    • Laundry: Main Level, In Unit
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,743
    • Total interior livable area: 1,743 sqft
    • Finished area above ground: 1,743
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Concrete, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Guest, Heated Garage, Insulated Garage, Other, Garage, Storage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Modified Two Story
    • Stories: 2
    • Fencing: None
    Lot
    • Features: Corner Lot
    Details
    • Foundation area: 1743
    • Parcel number: 2302924340661
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: High Rise
    • Attached to another structure: Yes
    Materials
    • Frame, Steel Siding
    • Roof: Age Over 8 Years,Flat
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected, City Water - In Street

    Community & HOA

    Community
    • Security: Fire Sprinkler System
    • Subdivision: American Trio Lofts
    HOA
    • Has HOA: Yes
    • Amenities included: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other, Patio, Security Building
    • Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Security Staff, Security System, Shared Amenities, Snow Removal, Valet Parking, Water/Sewer
    • HOA fee: $1,207 monthly
    • HOA name: Sudler Property Management
    • HOA phone: 312-751-0900
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $488,000
    • Annual tax amount: $5,921
    • Date on market: 10/19/2023
    • Cumulative days on market: 105 days

    Price history

    DateEventPrice
    3/1/2024Sold$470,500-7.6%$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450161 Report a problem
    2/1/2024Pending sale$509,000$292/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450161 Report a problem
    1/8/2024Price change$509,000-3.8%$292/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450161 Report a problem
    11/2/2023Price change$529,000-3.6%$303/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450161 Report a problem
    10/19/2023Listed for sale$549,000+33.6%$315/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450161 Report a problem
    7/6/2015Sold$411,000+0.2%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4594552 Report a problem
    5/12/2015Pending sale$410,000$235/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4594552 Report a problem
    5/6/2015Listed for sale$410,000+17.1%$235/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4594552 Report a problem
    2/8/2013Sold$350,000-10.3%$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4160146 Report a problem
    5/15/2011Listing removed$389,999$224/sqft
    Source: Keller Williams Integrity Realty #3925533 Report a problem
    11/20/2010Listed for sale$389,999-4.9%$224/sqft
    Source: Keller Williams Integrity Realty #3925533 Report a problem
    8/17/2010Listing removed$409,900$235/sqft
    Source: Keller Williams Integrity Realty #3925533 Report a problem
    5/20/2010Listed for sale$409,900-4.7%$235/sqft
    Source: Keller Williams Integrity Realty #3925533 Report a problem
    1/9/2010Listing removed$429,900$247/sqft
    Source: Aaron Richard Schumm #3690709 Report a problem
    6/6/2009Listed for sale$429,900-18.9%$247/sqft
    Source: Aaron Richard Schumm #3690709 Report a problem
    1/3/2009Listing removed$529,900$304/sqft
    Source: Keller Williams Realty #3556856 Report a problem
    6/15/2008Listed for sale$529,900+20.8%$304/sqft
    Source: Keller Williams Realty #3556856 Report a problem
    8/29/2005Sold$438,624$252/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,223 +14.3%$488,000
    2024$6,318 +6.7%$488,000 +1.2%
    2023$5,921 -12.5%$482,000 +7.6%
    2022$6,770 +3.6%$448,000 -7.9%
    2021$6,536 -12.7%$486,500
    2020$7,488 +14.6%$486,500 -5%
    2019$6,536 -12.7%$512,000 +6%
    2018$7,488 +9.9%$483,000 +15.7%
    2017$6,813 +5.5%$417,500
    2016$6,460 -2.7%$417,500 +13.1%
    2015$6,640 +7.8%$369,000 +13.7%
    2014$6,161 +6.6%$324,500
    2013$5,779 +2.8%$324,500
    2012$5,620 +5%$324,500
    2011$5,352 +14.8%$324,500
    2010$4,660 -4.6%$324,500 -3.1%
    2009$4,884 $335,000
    Find assessor info on the county website

    Neighborhood: Downtown East

    Nearby schools

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    Estimated market value
    $509,700
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    Estimated market value
    $509,700