700 2nd St S Unit W61 in Minneapolis sells for $3.55 million

The condominium at 700 2nd St S Unit W61 in Minneapolis sold for $3,550,000 on September 30, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The price was 13% above its recorded market value of $3,142,000, according to the Assessor's records.

The record lists Margaret A. Bracken and William M. Bracken as the sellers, and Vaughn Dierks and Jill Westphal as the buyers.

The Assessor's records show a build year of 1914. The last sale before this one on record was $4,300,000 in 2016. Listing data shows 2 bedrooms and 3 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $12,070 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $7,187.50 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $3,342,955. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $764,810 at closing. That covers the down payment and closing costs.

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