Great investment opportunity in the Heart of Minneapolis. Cash or Rehab only - Buyers to assume minor repairs on the City of Minneapolis Truth in Housing Inspection Report. Multiple offers received.
Closed
$287,000
503 2nd Ave SE, Minneapolis, MN 55414
3beds
1,644sqft
Side x Side
Built in 1979
1,306 Square Feet Lot
$300,400 Zestimate®
$175/sqft
$2,536 Estimated rent
Home value
$300,400
$276,000 - $327,000
$2,536/mo
Zestimate® history
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$1,981/mo
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Zillow last checked:
Listing updated:
Listed by:
Scott A Wojahn 612-701-7609,
Edina Realty, Inc.
Bought with:
Ruthie Baker
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6593334
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 170 Square Feet
- Dimensions: 17x10
Bedroom 2
- Level: Upper
- Area: 112 Square Feet
- Dimensions: 14x8
Bedroom 3
- Level: Upper
- Area: 88 Square Feet
- Dimensions: 11x8
Dining room
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Family room
- Level: Upper
- Area: 221 Square Feet
- Dimensions: 17x13
Foyer
- Level: Main
- Area: 120 Square Feet
- Dimensions: 20x6
Garage
- Level: Main
- Area: 280 Square Feet
- Dimensions: 28x10
Kitchen
- Level: Upper
- Area: 112 Square Feet
- Dimensions: 14x8
Laundry
- Level: Lower
- Area: 24 Square Feet
- Dimensions: 6x4
Living room
- Level: Lower
- Area: 221 Square Feet
- Dimensions: 17x13
Loft
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 16x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer
- Laundry: In Basement, Gas Dryer Hookup, Lower Level, Laundry Room, Sink, In Unit, Washer Hookup
Features
- Basement: Block,Finished,Full,Storage Space
- Number of fireplaces: 1
- Fireplace features: Decorative, Living Room, Wood Burning
Interior area
- Total structure area: 1,644
- Total interior livable area: 1,644 sqft
- Finished area above ground: 1,202
- Finished area below ground: 442
Property
Parking
- Total spaces: 1
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (10x28)
Accessibility
- Accessibility features: None
Features
- Levels: Four or More Level Split
- Patio & porch: Deck, Patio, Rear Porch
- Pool features: None
- Fencing: Partial,Wood
Lot
- Size: 1,306 Square Feet
- Dimensions: 18 x 72
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 648
- Parcel number: 2302924110259
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Side x Side
- Attached to another structure: Yes
Materials
- Block, Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Eden Square Twnhms
HOA
- Has HOA: Yes
- Amenities included: Other, Patio
- Services included: Hazard Insurance, Lawn Care, Maintenance Grounds, Shared Amenities, Snow Removal
- HOA fee: $166 monthly
- HOA name: Eden Square Townhomes
- HOA phone: 612-859-1397
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $317,800
- Annual tax amount: $3,753
- Date on market: 11/27/2024
- Cumulative days on market: 27 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2024 | Sold | $287,000+0.7%$175/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6593334 Report a problem | ||
| 12/24/2024 | Pending sale | $285,000$173/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6593334 Report a problem | ||
| 11/27/2024 | Listed for sale | $285,000$173/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6593334 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,151 +10.6% | $317,800 +7% |
| 2024 | $3,753 +4.7% | $297,000 |
| 2023 | $3,585 -1.1% | $297,000 +4.9% |
| 2022 | $3,625 +3.5% | $283,000 +3.7% |
| 2021 | $3,501 +0.5% | $273,000 |
| 2020 | $3,483 -0.5% | $273,000 +7.9% |
| 2019 | $3,501 +0.5% | $253,000 +5% |
| 2018 | $3,483 +15.9% | $241,000 +16.7% |
| 2016 | $3,005 -0.7% | $206,500 +15.4% |
| 2015 | $3,027 +12.7% | $179,000 -4.8% |
| 2014 | $2,686 -12.3% | $188,000 |
| 2013 | $3,064 -8.5% | $188,000 -9.2% |
| 2012 | $3,348 -10.4% | $207,000 -11.2% |
| 2011 | $3,737 +15.3% | $233,000 |
| 2010 | $3,241 -9.9% | $233,000 -7.9% |
| 2009 | $3,597 +42.7% | $253,000 +32.5% |
| 2006 | $2,521 +11.2% | $191,000 +15% |
| 2005 | $2,266 +8.9% | $166,100 +14.9% |
| 2004 | $2,081 +12.8% | $144,500 +11.9% |
| 2002 | $1,846 -53.4% | $129,100 |
| 2001 | $3,957 | -- |
Find assessor info on the county website
Neighborhood: Marcy Holmes
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Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 0.5 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$300,400
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
$300,400
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Marcy Holmes
- 503 2nd Ave SE
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