NOT LISTED FOR SALE

700 Washington Ave N Unit 216 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $475,000 - $536,000

2 Beds
1 Bath
1,548 Sq Ft
$962/mo HOA Fee

Last Sold July 02, 2024

Last sale price $520,000 $336 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,314/month

52 Days on Market

Highlights

  • Loft
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • High-Rise Condominium

About This Home

As of July 2024

Welcome to this wonderful two bedroom opportunity at Tower Lofts! Can't beat this location in the North Loop. Open floor plan. Plenty of space to live and work. Fully updated bathroom. Open feel having two points of access to the condo. Big front window allows for a flood of natural light. This condo is well cared for and will not disappoint. Oh, and 4 PARKING SPACES! Two (tandem) garage spaces in the building and two outside spaces in front of the unit.

Last Agent to Sell the Property

Michael McGregor

Coldwell Banker Realty Brokerage Phone: 612-554-8324 Listed on: 04/18/2024

Coldwell Banker Realty

Last Buyer's Agent

Mark Abdel

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,069

Year Built

  • Built in 1920

Lot Details

  • 1.1

HOA Fees

  • $962 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include air conditioning, maintenance structure, cable TV, gas, internet, lawn care, professional mgmt, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 236-1980
  • High-Rise Condominium
  • Cic 1338 Tower Lofts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2202924120445

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,069

Year Built

Built in 1920

Lot Details

0

HOA Fees

$962 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1548
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-554-8324
  • Attribution Contact: 612-554-8324
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Living Area: 1548
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Loft, Patio
  • Shared Rooms: Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: North Loop
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Detached, Paved
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Gas, Internet, Lawn Care, Professional Mgmt, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-236-1980
  • Association Fee: 962
  • Association: Yes
  • Amenities Unit: Patio

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 47741.76
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2202924120445
  • Tax Annual Amount: 6069
  • TaxWithAssessments: 6069.4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jul 2, 2024
Sold by
Budlong Austin and Budlong Holly
Bought by
Ennen Joseph and Ennen Stefanie
Seller's Agent
Michael McGregor
Coldwell Banker Realty
Buyer's Agent
Mark Abdel
RE/MAX Advantage Plus
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Views
18
Current Estimated Value
$515,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,606
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Jun 17, 2020
Sold by
Nutakki Ranga S
Bought by
Budlong Austin M and Budlong Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,400
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Solberg Michael S
Bought by
Nutakki Ranga S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2012
Sold by
Ala Bella Llc
Bought by
Solberg Michael S

Purchase Details

Closed on
Jul 6, 2005
Sold by
Tower Lofts Lllp
Bought by
Ala Bella Llc
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
Ennen Joseph $520,000 --
Budlong Austin M $460,000 Watermark Title Agency
Nutakki Ranga S $355,000 Home Title
Solberg Michael S $290,000 Fatco
Ala Bella Llc $330,595 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Budlong Austin M $317,400
Previous Owner Nutakki Ranga S $266,250
Previous Owner Ala Bella Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $520,000 -1.9% $336 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $530,000 -- $342 / 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 $6,073 $465,000 $57,000 $408,000
2022 $6,351 $458,000 $52,000 $406,000
2021 $6,130 $458,000 $47,000 $411,000
2020 $6,323 $458,000 $19,200 $438,800
2019 $6,200 $436,000 $12,800 $423,200
2018 $5,802 $415,000 $12,800 $402,200
2017 $5,493 $356,500 $12,800 $343,700
2016 $5,308 $333,500 $12,800 $320,700
2015 -- $301,000 $12,800 $288,200
2014 -- $258,000 $12,800 $245,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6516457

NorthstarMLS

APN: 22-029-24-12-0445