NOT LISTED FOR SALE

404 Washington Ave N Unit 505 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $347,000 - $470,000

1 Bed
1 Bath
1,102 Sq Ft
2.01 Acres

Highlights

  • No HOA
  • 5-minute walk to Target Field Station
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Heated Garage

About This Home

As of October 2023

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.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 09/12/2023

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 1903

Lot Details

  • 2.01

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Security Lofts Subdivision

Listing and Financial Details

  • Property Available on 9/18/23
  • The owner pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 2202924130386

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,556

Year Built

Built in 1903

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 6 Months
  • Available Date: 2023-09-18
  • Lease Price: 2495.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2495.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 1102
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1102
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • SqFtTotal: 1102.00
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2202924130386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2013
Sold by
Kelly Daniel K and Kelly Jennifer L
Bought by
Dority Jacob D
Current Estimated Value
$403,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

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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 -- --
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 $4,556 $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

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Map

Source: NorthstarMLS

MLS Number: 6432515

NorthstarMLS

APN: 22-029-24-13-0386