NOT LISTED FOR SALE

404 Washington Ave N Unit 607 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $383,000 - $449,000

1 Bed
1 Bath
1,148 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $385,000 $335 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,137/month

23 Days on Market

Highlights

  • Building Security
  • 5-minute walk to Target Field Station
  • Woodwork
  • Elevator
  • 1 Car Attached Garage
  • Patio

About This Home

As of June 2017

Exceptional top floor unit in sought after Security Warehouse Lofts offering stunning skyline views. Additional features include exposed brick, wood beams and ceilings, concrete floors, arched windows, stainless steel appliances, granite countertops, spacious owner's suite with built-in closet system and recently updated bath. Located in the heart of the North Loop. Underground parking and storage. Amenities include two community rooms, two workout rooms, rooftop deck and patio.

Last Listed By

George Stickney

Coldwell Banker Realty Listed on: 04/28/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1903

Lot Details

  • 2.01

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • Woodwork
  • Family Room
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2202924130397

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, internet, outside maintenance, parking space, professional mgmt, sanitation, security staff, shared amenities, snow/lawn care, water/sewer
  • Gassen Management Association
  • Security Warehouse Lofts Subdivision

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,469

Year Built

Built in 1903

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Doors 36+, Elevator, Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 1148.00
  • Above Grade Finished Area Search: 1148.00
  • Assessment Pending Y N: No
  • Association Management: Gassen Management
  • Management Company Phone: 952-922-5575
  • Carport Y N: No
  • Co Listing Association Office S K: 9091
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1148.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924130397
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Tax Assessment Balance: 25.18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room, Play Area
  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Eat In Kitchen, Living/Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: Main Floor 3/4 Bath
  • Fireplace: No

Beds/Baths

  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Garage Door Opener, Heated Garage, Secured, Underground Garage

Utilities

  • Heating: Baseboard, Forced Air, Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 417.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: In-Ground Sprinkler, Natural Woodwork, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1428 SECURITY WAREHOUSE/5TH AV UNIT NO 607
  • Tax Amount: 4469.00
  • Tax Year: 2017
  • Tax With Assessments: 4494.14
  • Assessor Parcel Number: 2202924130397

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 6, 2017
Sold by
Robb Lucia Grace Massopust and Robb Jeremy D
Bought by
Nelson Marilyn
Seller's Agent
George Stickney
Coldwell Banker Realty
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%
Total Days on Market
23
Current Estimated Value
$412,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,009
Avg. Annual Appreciation
0.99%

Purchase Details

Listed on
Mar 12, 2013
Closed on
May 1, 2013
Sold by
Bassett Peter G and Bassett Margaret Sinclair
Bought by
Massopust Lucia
Seller's Agent
George Stickney
Coldwell Banker Realty
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$206,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Security Warehouse Lofts Llc
Bought by
Bassett Peter G

Range of Values:

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Average Value
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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
Nelson Marilyn $385,000 Burnet Title
Massopust Lucia $249,926 Burnet Title
Bassett Peter G $277,592 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massopust Lucia $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $385,000 0.0% $335 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/01/2017 05/01/17 Off Market $385,000 -- --
04/28/2017 04/28/17 For Sale $350,000 +35.9% $305 / Sq Ft
05/01/2013 05/01/13 Sold $257,500 -2.8% $224 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $265,000 -- $231 / Sq Ft
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 $5,229 $400,000 $35,000 $365,000
2022 $5,552 $400,000 $32,000 $368,000
2021 $5,359 $400,000 $27,000 $373,000
2020 $5,806 $400,000 $13,400 $386,600
2019 $5,795 $400,000 $6,700 $393,300
2018 $5,051 $388,500 $6,700 $381,800
2017 $4,494 $298,500 $6,700 $291,800
2016 $4,250 $277,000 $6,700 $270,300
2015 $4,086 $256,000 $6,700 $249,300
2014 -- $217,000 $6,700 $210,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4822125

NorthstarMLS

APN: 22-029-24-13-0397