Condo / High-rise home in Minneapolis, MN
A Condo multifamily home in Minneapolis, MN, it offers 4 bedrooms and 4 bathrooms across 3,162 square feet. The Condo styling carries through the home's design.
| Price | $499,999 |
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| Beds | 4 |
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| Baths | 4 |
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| Sqft | 3162 |
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| Architectural style | Condo / High-rise (62% match) |
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| Address | 1221 29th Ave NE, Minneapolis, MN 55418 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- At $500K, this home is 100% above the $250K median for 367 similar Condo / High-rise homes in Minneapolis, MN.
- That works out to $158 per square foot, 35% below the $244 comparable rate.
| This home | $499,999 |
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| Condo / High-rise median in Minneapolis, MN | $250,000 (367 homes) |
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| Price per sq ft | $158 vs. $244 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,387/month with 20% down at a 7.28% 30-year fixed rate. You would need about $145,150 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,737/mo |
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| Property tax (new-buyer reassessed rate) | $462/mo |
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| Homeowners insurance | $187/mo |
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| Total monthly | $3,387/mo |
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| Down payment (20%) | $100,000 |
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| Income needed | $145,150/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
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| Beats renting in | 15% of modeled paths |
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| Modeled 5-yr equity (median) | $242,962 |
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| Range (10th to 90th pct) | $144,403 to $360,668 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Minneapolis, MN where local data is thin.
Local home values
Typical home values in Minneapolis, MN have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow