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521 2nd St

Minneapolis, MN 55414

3 bd 2 ba 1,965 sqft Built 2007 condos
Most recent sale
$771,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $771,000 MLS #6240410
Aug 12, 2022 Listed $760,000 MLS #6240410
Sep 30, 2010 Sold $493,450 MLS #3894629
Mar 12, 2010 Listed $499,900 MLS #3894629

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $635,000 $36,000 $671,000 $10,555
2024 $665,000 $36,000 $701,000 $9,742
2023 $659,000 $36,000 $695,000 $9,718
2022 $645,000 $36,000 $681,000 $10,005
2021 $636,900 $12,100 $649,000 $9,122
2020 $636,900 $12,100 $649,000 $9,881
2019 $636,900 $12,100 $649,000 $9,715
2018 $611,900 $12,100 $624,000 $9,034
2017 $570,900 $12,100 $583,000 $8,382
2016 $524,400 $12,100 $536,500 $8,252
2015 $503,400 $12,100 $515,500 $7,990
2014 $466,400 $12,100 $478,500 $8,209
2013 $445,900 $12,100 $458,000 $8,246
2012 $448,700 $9,300 $458,000 $8,396
2011 $469,200 $9,300 $478,500 $8,010
2010 $466,900 $11,600 $478,500 $7,358
2009 $491,400 $11,600 $503,000 $7,968

Property facts

Year built
2007
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,965 sqft
Lot size
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
$2,948
Gross rental yield
4.59%
Implied cap rate
2.98%
Trend-extrapolated value

Frequently asked questions

When did 521 2nd St last sell?
521 2nd St most recently sold on Sep 22, 2022 for $771,000.
What is the current tax assessment for 521 2nd St?
The most recent total assessment for 521 2nd St (year 2025) is $671,000 with $10,555 in property tax.
How does 521 2nd St's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $771,000.
When was 521 2nd St built?
521 2nd St was built in 2007.
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 3 bed, 2 bath, 1,965 sqft 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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