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

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