NOT LISTED FOR SALE

404 Washington Ave N Unit 505 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $358,262 - $466,000

1 Bed
1 Bath
1,102 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $289,900 $263 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,578/month

About This Home

As of November 2013

Gorgeous, one of a kind, 5th floor true loft for lease in the heart of the North Loop neighborhood with amazing downtown skyline views. Security Lofts is a 100 year old renovated warehouse conversion with 12 foot ceilings, exposed brick, concrete floors, & wood columns/beams/ceilings. Inside you’ll find great details like closet organizers, granite countertops, roller shades, and gas oven. Residents enjoy access to community room, exercise area, as well as rooftop patio, and fitness center at neighboring 5th Ave Lofts. Included with rent: 1 indoor heated parking stall, basic cable & internet, gas, heat, a/c, water/sewer/trash. You only need to pay for electric! Live in the middle of the vibrant North Loop Neighborhood.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 27, 2013
Sold by
Kelly Daniel K and Kelly Jennifer L
Bought by
Dority Jacob D
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Michaelee Jenkins
RE/MAX Experience
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$396,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,416
Avg. Annual Appreciation
2.77%
Original Mortgage
$275,405
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Rogers Matthew P and Rogers Katherine M
Bought by
Kelly Daniel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Security Warehouse Lofts Llc
Bought by
Rogers Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,350
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Dority Jacob D $289,900 Edina Realty Title Inc
Kelly Daniel K $235,000 Burnet Title
Rogers Matthew P $265,377 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dority Jacob D $250,400
Closed Dority Jacob D $275,405
Previous Owner Kelly Daniel K $188,000
Previous Owner Rogers Matthew P $175,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Rented $2,395 -4.0% --
09/12/2023 09/12/23 For Rent $2,495 +4.2% --
09/01/2022 09/01/22 Rented $2,395 0.0% --
06/12/2022 06/12/22 Under Contract -- -- --
06/12/2022 06/12/22 For Rent $2,395 +4.4% --
06/14/2021 06/14/21 Rented $2,295 0.0% --
04/07/2021 04/07/21 For Rent $2,295 +4.6% --
06/01/2019 06/01/19 Rented $2,195 0.0% --
04/05/2019 04/05/19 For Rent $2,195 +10.0% --
12/01/2017 12/01/17 Rented $1,995 0.0% --
11/15/2017 11/15/17 For Rent $1,995 0.0% --
11/27/2013 11/27/13 Sold $289,900 0.0% $263 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $289,900 -- $263 / Sq Ft

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 $4,556 $351,000 $34,000 $317,000
2022 $4,826 $350,500 $32,000 $318,500
2021 $4,660 $350,500 $26,000 $324,500
2020 $5,220 $350,500 $11,400 $339,100
2019 $5,205 $361,500 $7,600 $353,900
2018 $4,863 $351,000 $7,600 $343,400
2017 $4,327 $288,500 $7,600 $280,900
2016 $4,096 $268,000 $7,600 $260,400
2015 $3,933 $247,500 $7,600 $239,900
2014 -- $210,000 $7,600 $202,400
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2023

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    162 Total Sales

    Patrick Carson
    Section Image

  • A

    Buyer's Agent in 2017

    Andrew Blaeser

    DRG

  • Fritz Kroll

    Seller's Agent in 2013

    Fritz Kroll

    Edina Realty, Inc.

    (612) 347-8088

    46 in this area

    187 Total Sales

    Fritz Kroll
    Section Image
  • Michaelee Jenkins

    Buyer's Agent in 2013

    Michaelee Jenkins

    RE/MAX

    (952) 992-9299

    96 Total Sales

    Michaelee Jenkins
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

404 Washington Ave N Unit 505, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 404 Washington Ave N Unit 505, Minneapolis, MN 55401 and is currently estimated at $396,316, approximately $359 per square foot. 404 Washington Ave N Unit 505 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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