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521 2nd St

Minneapolis, MN 55414

2 bd 2 ba 1,303 sqft Built 2006 Lot 32,670 sqft condos
Most recent sale
$494,120
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $494,120 MLS #6159868
Apr 28, 2022 Listed $475,000 MLS #6159868
Jan 18, 2019 Listing removed $2,850 NorthstarMLS
Oct 18, 2018 Listing removed $3,000 NorthstarMLS
Oct 15, 2018 Listing removed $3,000 GreaterLakes
May 10, 2018 Listing removed $3,000 NorthstarMLS
Mar 29, 2018 Listed for rent $3,000 NorthstarMLS
Feb 6, 2017 Listing removed $2,850 NorthstarMLS
Oct 25, 2016 Price changed for rent $2,850 NorthstarMLS
Sep 26, 2016 Listed for rent $2,950 NorthstarMLS
Dec 1, 2015 Listing removed $2,800 NorthstarMLS
Nov 30, 2015 Listing removed $2,895 NorthstarMLS
Aug 2, 2015 Listed for rent $2,895 NorthstarMLS
Aug 20, 2007 Sold $428,633 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $373,000 $25,000 $398,000 $5,919
2024 $392,000 $25,000 $417,000 $5,442
2023 $387,000 $25,000 $412,000 $5,420
2022 $386,000 $25,000 $411,000 $5,696
2021 $402,800 $8,200 $411,000 $5,497
2020 $402,800 $8,200 $411,000 $5,957
2019 $402,800 $8,200 $411,000 $5,897
2018 $386,800 $8,200 $395,000 $5,522
2017 $367,400 $5,145
2016 $333,610 $5,178
2015 $324,890 $5,005
2014 $298,730 $5,120
2013 $284,560 $5,143
2012 $284,560 $5,258
2011 $298,730 $5,049
2010 $298,100 $7,900 $306,000 $4,894
2009 $330,100 $7,900 $338,000 $5,256

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,303 sqft
Lot size
32,670 sqft
ZIP code
55414
City
Minneapolis
Street
2nd St
Coordinates
44.98343, -93.24867

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,955
Gross rental yield
4.75%
Implied cap rate
3.09%
Trend-extrapolated value

Frequently asked questions

When did 521 2nd St last sell?
521 2nd St most recently sold on May 27, 2022 for $494,120.
What is the current tax assessment for 521 2nd St?
The most recent total assessment for 521 2nd St (year 2025) is $398,000 with $5,919 in property tax.
How does 521 2nd St's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $494,120.
When was 521 2nd St built?
521 2nd St was built in 2006.
How does 521 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 521 2nd St?
521 2nd St is a 2 bed, 2 bath, 1,303 sqft, 32,670 sqft lot condos.
Is 521 2nd St a flip candidate?
No — 521 2nd St does not appear in our flips dataset.
Is 521 2nd St a tax-appeal candidate?
No — 521 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.4%
Implied 1-yr
-33.5%
2026 Q3
$326.3K
2026 Q4
$326.3K
ZIP 55414 — Median Price History + Forecast

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