Sold
433 S 7th Street Unit: 2225
Minneapolis MN, 55415
$194,000
$224.28 per sqft
Sold
2 Beds
2 Baths
865 sqft
Condo
Built in 1985
Don't let this deal pass by! The HOA special assessment of $40.02/sqft x 865 = $34,616 ($229/month for 20 yrs at 5.5% starting 5/1/2019, HOA published info) has been paid off by the seller. If not paid, $229 a month for the remaining 16.5 yrs is worth $30K, translating to $35/sqft. This unit is priced at $168,000 ($194/sqft) if the buyer were to pay assessment. The true cost is $194/sqft, not $229/sqft. So ask about the assessment balance, avoid a $30,000 mistake because overlooking a seemingly small $250/month assessment. The difference is $35 per sqft.
1. Sunlit southwest facing, up & high level, panoramic view, sunset over dinner, and amazing city view at night.
2. Convenient Downtown location, skyway access. Light rail is 1.5 blocks away.
3. Heated swimming pool, flower garden, and BBQ on the rooftop. New fitness center and party rooms.
4. The HOA association due is $568.93/month, cable is $32.66/month, Internet is $28.33/month.
5. Most furniture can be included.
6199148
MLSⓇ ID
May 19, 2022
Listed
February 16, 2024
Updated
Map
433 S 7th Street Unit: 2225
Minneapolis MN, 55415
Interior Features
Total Stories
1
Bedrooms
2 Beds
Bathrooms
2 Baths
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Features
Public Transit (w/in 6 blks)
Roof
Concrete
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$2,314
Tax Frequency
Annually
Days on Market
178
Association Fee
$568
Association Fee Frequency
Monthly
Association Amenities
Guard - 24 Hour, Car Wash, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Sauna, Security
Garage
No
Parking
Underground
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Pool Features
Above Ground, Heated, Shared
Buyer Agency Compensation
3%
Courtesy of Savvy Avenue, LLC
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jeremy Driver shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 12:55 AM UTC, 2/16/2024