NOT LISTED FOR SALE

404 Washington Ave N Unit 501 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $366,245 - $472,000

1 Bed
1 Bath
1,218 Sq Ft
$491/mo HOA Fee

Last Sold December 02, 2019

Last sale price $385,000 $316 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,164/month

16 Days on Market

Highlights

  • Wheelchair Ramps
  • Baseboard Heating
  • 5-minute walk to Target Field Station

About This Home

As of December 2019

With exceptional walkability to North Loop bars and restaurants and amenities. This updated, loft style condo will not disappoint. The fitness area, rooftop deck, party room, and fenced in dog run make this building a delight for you and your furry friends alike. Don't miss the opportunity to join the close knit Security Lofts community!

Last Listed By

Blake Wallace

Wallace Realty Group Listed on: 10/05/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1903

Lot Details

  • 2

HOA Fees

  • $491 per month

Parking

  • 1

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Ramps

Additional Features

  • 1-Story Property
  • Baseboard Heating

Community Details

  • Association fees include heating, air conditioning, sanitation, snow/lawn care, snow removal, outside maintenance, hazard insurance, cable TV, water/sewer, building exterior, security system, professional mgmt, shared amenities, internet

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,015

Year Built

Built in 1903

Lot Details

0

HOA Fees

$491 per month

Parking

1

Listing Details

  • Restrictions: Pets-Cats Allowed, Pets-Dogs Allowed, Pets - Weight/Height Limit, Pets - Number Limit, Rental Restrictions May Apply, Mandatory Owners Assoc
  • Property ID: 2202924130383
  • Prop Type: SF
  • Style: (CC) High Rise (4+ Levels)
  • Directions: HENNEPIN AVENUE TO WASHINGTON AVENUE GO NORTH TO PROPERTY. SALES OFFICE AT 111 4TH AVENUE NORTH
  • Sq Ft Above Ground: 1218
  • Projected Close Date: 12/02/2019
  • Sq Ft Above Ground Total: 1218.00
  • Sq Ft Main Total: 1218.00
  • Total Finished Square Fo: 1218
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Shared Room: Amusement/Party Rm, Exercise Room
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher
  • Common Walls: Yes
  • Accessibility: Wheelchair Ramp, Elevator
  • Association Fee: Yes
  • Available Date: 1969-12-31
  • Neighborhood: North Loop
  • Pet Restrictions: Number Limit, Weight/Height Limit, Cats Allowed, Dogs Allowed
  • Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Total Sq Ft: 1218.00
  • Stories: 1 Story

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Flat, Tar/Gravel
  • Frontage Road: City
  • Foundation Size: 1218

Garage/Parking

  • Description: Heated Garage, Underground Garage, Assigned
  • Garage No.: 207
  • Spaces: 1

Utilities

  • Cooling: Central
  • Heating: Baseboard
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 491.00
  • HOA Fee Frequency: Monthly
  • HOA Fee Includes: Heating, Air Conditioning, Sanitation, Snow/Lawn Care, Snow Removal, Outside Maintenance, Hazard Insurance, Cable TV, Water/Sewer, Building Exterior, Security System, Professional Mgmt, Shared Amenities, Internet
  • Amenities: Kitchen Center Island, Master BR Walk-In Closet
  • Shared: Deck, Patio, Security Building, Elevator(s), Concrete Floors & Walls
  • Management: GASSEN MANAGEMENT
  • Management Number: 9529225575

Schools

  • School Dist.: 1 - Minneapolis
  • District Ph: 612-668-0000

Lot Info

  • Zoning: Residential-Single
  • Lot Size Dim: 87512
  • Acres: 2.009
  • Map Page And Coordinates: 106D2
  • Map Page: 106

Tax Info

  • Tax w/Asses: 5038.00
  • Tax Amount: 5015
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Dec 2, 2019
Sold by
Aeshliman Michael
Bought by
Kiplinger John
Seller's Agent
Blake Wallace
Wallace Realty Group
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%
Total Days on Market
16
Current Estimated Value
$416,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,061
Avg. Annual Appreciation
1.43%
Original Mortgage
$308,000
Outstanding Balance
$274,449
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$141,612

Purchase Details

Closed on
May 25, 2018
Sold by
Ebnet Peter and Fatehi Leili
Bought by
Aeshliman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2011
Sold by
Phh Mortgage Corporation
Bought by
Ebnet Peter and Fateni Leili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,590
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Security Warehouse Lofts Llc
Bought by
Lumbar James R

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 1235 Yale Place Unit 207, Minneapolis, MN 55403

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,610 Sq Ft
    • 1235 Yale Place
    • Unit 207
    • Minneapolis, MN

    Marvelous corner 2 bedroom 2 bath floor plan with brand new carpet throughout and lovely views of the newly designed plaza. Primary bedroom has wonderful bay window and dressing area. Eat-in kitchen with convenient adjacent pantry and laundry. Inviting 3 season porch, tandem 2 stall parking and more Loring Green's amenities are unsurpassed. In ideal downtown location..stroll to all the city has

    Barbara Brin Coldwell Banker Realty

    Section Image
  • 1235 Yale Place Unit 1505, Minneapolis, MN 55403

    $355,000

    • 2 Beds
    • 2 Baths
    • 1,645 Sq Ft
    • 1235 Yale Place
    • Unit 1505
    • Minneapolis, MN

    Wonderful two bedroom, two bath urban condo. Updated kitchen with limestone countertops and backsplash and stainless appliances. Dramatic onyx woodburning fireplace, elegant millwork and updated baths. Enjoy sunrises from inviting three season porch with views of the greenway and the downtown skyline. Loring Green's amenities are unsurpassed in ideal location...stroll to all the city has to offer.

    Barbara Brin Coldwell Banker Realty

    Section Image
  • 929 Portland Ave Unit 406, Minneapolis, MN 55404

    $323,999

    • 2 Beds
    • 2 Baths
    • 1,165 Sq Ft
    • 929 Portland Ave
    • Unit 406
    • Minneapolis, MN

    Condo #406 is located on the SW corner of Portland Ave and S 10th St. on the top 4th floor with the turret style corner in the Skyscape 4th floor extension from the 27 story Skyscape tower. One floor condo living and a primary bedroom with ensuite walk-in closet and 3/4 bath with walk-in shower. Second bedroom offers fantastic city views across the hallway from a full bath. Further down the hall

    Linda Warner Norton Realty, Inc

    Section Image
  • 1240 S 2nd St Unit 711, Minneapolis, MN 55415

    $455,000

    • 2 Beds
    • 2 Baths
    • 1,125 Sq Ft
    • 1240 S 2nd St
    • Unit 711
    • Minneapolis, MN

    Beautiful 7th floor, Northeast facing condo at the Legacy. Two bedrooms, two baths, two ideal (electric ready wiring) parking spaces. Located along the Mississippi River with walkability to Gold Medal Park, Stone Arch Bridge, theaters, restaurants and large/small music and sports venues. The unit boats 1125 sq/ft with an ensuite primary bedroom and bath, hardwood floors, stainless appliances

    Dana Carson Keller Williams Realty Integrity Lakes

    Section Image
  • 3104 W Lake St Unit 202, Minneapolis, MN 55416

    $449,900

    • 2 Beds
    • 1.5 Baths
    • 1,500 Sq Ft
    • 3104 W Lake St
    • Unit 202
    • Minneapolis, MN

    Welcome home to 3104 W Lake Street UNIT 202, a delightful urban oasis nestled in the vibrant city of Minneapolis, MN. Wonderful front corner unit in Loop Calhoun with walls of windows and an abundance of natural light. Priced today at $474,900, this stunning condominium is a perfect blend of luxury and comfort across an expansive 1,500 square feet of living space. Newer construction and modern

    Christopher Broz RE/MAX Advantage Plus

    Section Image
  • 3810 W 31st St Unit 104, Minneapolis, MN 55416

    $399,900

    • 2 Beds
    • 2 Baths
    • 1,343 Sq Ft
    • 3810 W 31st St
    • Unit 104
    • Minneapolis, MN

    Located in the highly sought-after West Maka Ska neighborhood, this condominium embodies the perfect blend of style, luxury, and location. Just a short walk from Whole Foods, "yum"- Kitchen and bakery. Starbucks, cafes and top-tier restaurants. The proximity to the Minneapolis Lakes is so convenient, offering a wealth of outdoor activities. Inside, the home is a true showstopper. The fully

    Ryan Platzke Coldwell Banker Realty

    Section Image
  • 4075 W 51st St Unit 403, Edina, MN 55424

    $420,000

    • 2 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 4075 W 51st St
    • Unit 403
    • Edina, MN

    Welcome to The Lanterns, a charming community just steps away from the vibrant 50th and France area. This location is unbeatable, offering easy access to shopping, delightful restaurants, grocery stores, and beautiful parks—all just a short stroll from your front door. This spacious top-floor unit is one of the largest in the building, with over 1,600 square feet of living space, featuring 2

    Charly Marggraf Compass

    Section Image
  • 401 N 2nd St Unit 220, Minneapolis, MN 55401

    $470,000

    • 2 Beds
    • 2 Baths
    • 1,338 Sq Ft
    • 401 N 2nd St
    • Unit 220
    • Minneapolis, MN

    Experience the best of urban living in this stylish loft located in the vibrant North Loop neighborhood. Just a short stroll from top-rated restaurants, boutique shops, and the scenic Mississippi Walking Trail. This home offers both convenience and charm. Inside, you'll find an open-concept layout with two spacious bedrooms, including a primary suite featuring a private bath and a generous

    Lynn Frantzen Keller Williams Integrity Realty

    Section Image
  • 500 N 2nd St Unit 102, Minneapolis, MN 55401

    $387,000

    • 2 Beds
    • 1.5 Baths
    • 1,262 Sq Ft
    • 500 N 2nd St
    • Unit 102
    • Minneapolis, MN

    Located in the highly sought-after North Loop neighborhood, this beautifully updated 2-bedroom, 2-bathroom condo offers modern living with exclusive first-level dog ownership privileges. Featuring new stainless steel appliances, a double oven, updated kitchen and bathroom fixtures, stylish new light fixtures, and fresh paint throughout the entire unit, this home exudes contemporary elegance. The

    Paul Weber ERA Prospera Real Estate

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kiplinger John $385,000 Titlenexus Llc
Aeshliman Michael $365,000 Titlenexus Llc
Ebnet Peter $197,600 --
Lumbar James R $252,654 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiplinger John $308,000
Previous Owner Aeshliman Michael $66,560
Previous Owner Aeshliman Michael $292,000
Previous Owner Fatehi Leili $192,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $385,000 +1.3% $316 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $380,000 0.0% $312 / Sq Ft
04/15/2017 04/15/17 Rented $2,200 0.0% --
02/10/2017 02/10/17 For Rent $2,200 0.0% --
02/08/2017 02/08/17 Off Market $2,200 -- --
02/08/2017 02/08/17 For Rent $2,200 +10.3% --
01/10/2014 01/10/14 Rented $1,995 0.0% --
12/11/2013 12/11/13 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $1,995 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,396 $341,000 $38,000 $303,000
2022 $4,664 $341,000 $35,000 $306,000
2021 $4,502 $341,000 $29,000 $312,000
2020 $5,043 $341,000 $11,000 $330,000
2019 $5,038 $351,500 $7,300 $344,200
2018 $4,816 $341,500 $7,300 $334,200
2017 $4,343 $280,500 $7,300 $273,200
2016 $4,146 $260,500 $7,300 $253,200
2015 $3,807 $240,500 $7,300 $233,200
2014 -- $204,000 $7,300 $196,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: NST5293505

NorthstarMLS

APN: 22-029-24-13-0383