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521 2nd St

Minneapolis, MN 55414

2 bd 2 ba 1,350 sqft Built 2006 Lot 32,670 sqft condos
Most recent sale
$485,000
Nov 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Sold $485,000 MLS #6245573
Aug 27, 2022 Listed $500,000 MLS #6245573
Sep 16, 2015 Sold $371,500 MLS #4553141
May 6, 2015 Sold $371,500 Public Record
Jan 9, 2015 Listed $379,899 MLS #4553141
Jan 8, 2015 Listing removed $389,899 NorthstarMLS
Nov 23, 2014 Price changed $389,899 MLS #4515462
Oct 10, 2014 Price changed $399,899 MLS #4515462
Aug 9, 2014 Price changed $409,899 MLS #4515462
Aug 8, 2014 Listed $399,899 MLS #4515462
Aug 27, 2009 Sold $350,000 Public Record
Jul 6, 2009 Sold $350,000 MLS #3649382
Jun 29, 2009 Relisted $375,000 MLS #3649382
May 28, 2009 Listing removed $375,000 NorthstarMLS
Apr 4, 2009 Price changed $388,900 MLS #3649382
Mar 5, 2009 Relisted $399,900 MLS #3649382
Feb 21, 2009 Listing removed $399,900 NorthstarMLS
Feb 19, 2009 Listed $375,000 MLS #3649382
Sep 13, 2007 Sold $392,051 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $409,000 $25,000 $434,000 $5,664
2023 $403,000 $25,000 $428,000 $5,631
2022 $400,000 $25,000 $425,000 $5,890
2021 $416,400 $8,600 $425,000 $5,684
2020 $416,400 $8,600 $425,000 $6,160
2019 $416,400 $8,600 $425,000 $6,099
2018 $399,900 $8,600 $408,500 $5,739
2017 $373,400 $8,600 $382,000 $5,412
2016 $342,900 $8,600 $351,500 $5,409
2015 $339,605 $5,239
2014 $312,900 $5,351
2013 $297,640 $5,374
2012 $297,640 $5,496
2011 $312,355 $5,270
2010 $310,300 $8,200 $318,500 $4,847
2009 $326,800 $8,200 $335,000 $5,218

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,350 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
$2,025
Gross rental yield
5.01%
Implied cap rate
3.26%
Trend-extrapolated value

Frequently asked questions

When did 521 2nd St last sell?
521 2nd St most recently sold on Nov 1, 2022 for $485,000.
What is the current tax assessment for 521 2nd St?
The most recent total assessment for 521 2nd St (year 2024) is $434,000 with $5,664 in property tax.
How does 521 2nd St's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $485,000.
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, 1,350 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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