$380,000 - $519,000
RENTED JAN 10, 2025

700 Washington Ave N Unit 203 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
1,360 Sq Ft
$316 Price per Sq Ft

About This Home

One of a kind historic industrial 1BR loft in the heart of the North Loop with everything included except electricity now available at Tower Lofts! You’ll love the floor-to-ceiling windows from the elevated main space with polished concrete floors. Kitchen features large island with natural wood edge, stone countertops, gas oven, stainless-steel appliances and original historic brick. Large bedroom has indirect overhead lights and a massive closet with custom built-in organizers. Tower Lofts puts you steps from landmarks of the neighborhood and features a 6,000 sq ft rooftop patio. Included with rent: 1 indoor heated parking stall; storage unit, basic cable & internet, gas, and water/sewer/trash. Tenant is responsible for electricity. 2nd parking stall is available for additional $150 per month. App fee: $78 per adult; Admin Fee: $150; Move-in fee: $100; security deposit is one month’s rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2016
Sold by
Tower Lofts 700 Llc
Bought by
Heinen John and Paye Morgan
Current Estimated Value
$429,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$162,001
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$267,374
Source: Public Records

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
Heinen John $385,000 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinen John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Rented $2,295 0.0% --
11/22/2024 11/22/24 For Rent $2,295 -- --

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 $5,225 $401,000 $50,000 $351,000
2022 $5,547 $401,000 $46,000 $355,000
2021 $5,354 $401,000 $42,000 $359,000
2020 $5,503 $401,000 $34,700 $366,300
2019 $5,380 $382,000 $23,100 $358,900
2018 $5,024 $364,000 $23,100 $340,900
2017 $4,087 $276,000 $23,100 $252,900
2016 $9,638 $240,000 $15,900 $224,100
2015 $9,242 $218,000 $13,400 $204,600
2014 -- $218,000 $11,300 $206,700
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2025

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Patrick Carson

    DRG

    (612) 254-0149

    44 in this area

    168 Total Sales

    Patrick Carson
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55401 North Loop

700 Washington Ave N Unit 203, Minneapolis, MN

This home is located at 700 Washington Ave N Unit 203, Minneapolis, MN 55401 and is currently estimated at $429,375, approximately $315 per square foot. 700 Washington Ave N Unit 203 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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