$318,000
SOLD JUL 8, 2025

700 Washington Ave N Unit 400 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
930 Sq Ft
$556/mo HOA Fee

Recently Sold

$342 Per Sq Ft

2% Below List Price

277 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Elevator
  • 1 Car Attached Garage
  • Loft
  • The kitchen features windows
  • Patio

About This Home

As of July 2025

Enjoy expansive true industrial style loft living in the heart of the North Loop in this 3rd floor Tower Lofts 1BR, 1BA w/indoor heated Pkg. Features include 14 ft. ceilings, massive windows, brick exterior walls, polished concrete floors, concrete columns, gourmet kitchen stainless steel appliances and moveable island, master suite with freight doors and walk-in closet with custom organizers, and more! Tower Lofts has a 6,000 sq ft rooftop patio with fire pits/grills/seating/downtown views, free guest parking, & onsite professional management. Live right in the middle of a the neighborhood with everything within walking distance. Don’t miss this rare opportunity to own a piece of history with all the modern amenities you crave!

Last Agent to Sell the Property

Julie Distel

RE/MAX Results Listed on: 10/04/2024

RE/MAX Results

Last Buyer's Agent

Jesse Carlson

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1920

HOA Fees

  • $556 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 930 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Loft

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2202924120482

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, security, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1338 Tower Lofts Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,516

Year Built

Built in 1920

Lot Details

0

HOA Fees

$556 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Lobby Entrance, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 930
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Living Area: 930
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Brick,Stone
  • Neighborhood: North Loop
  • PatioPorchType: Other

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Tuckunder Garage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 556
  • Association: Yes
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Vaulted Ceiling(s),Washer/Dryer Hookup

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: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2202924120482
  • Tax Annual Amount: 3516
  • TaxWithAssessments: 3516.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jul 8, 2025
Sold by
Thingvold Jason
Bought by
Ferraro Jacob
Seller's Agent
Julie Distel
RE/MAX Results
Buyer's Agent
Jesse Carlson
RE/MAX Results
List Price
$325,000
Sold Price
$318,000
Premium/Discount to List
-$7,000
-2.15%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.21%
Original Mortgage
$254,400
Outstanding Balance
$254,400
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$59,808

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 6, 2023
Sold by
Hopkins-Best Natalie C and Olsen Brian J
Bought by
Thingvold Jason
Seller's Agent
Isaac Kuehn
DRG
Buyer's Agent
Julie Distel
RE/MAX Results
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Jun 22, 2010
Sold by
Sager Adam J and Sager Katherine C
Bought by
Olsen Brian J and Hopkins Best Natalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Tower Lofts Lllp
Bought by
Sager Adam J and Sager Katherine C

Purchase Details

Closed on
Mar 4, 2004
Sold by
Carlisle Food Service Products Inc
Bought by
Tower Lofts Lllp
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $318,000 Burnet Title
Warranty Deed $295,000 Burnet Title
Warranty Deed $198,000 --
Warranty Deed $192,790 --
Warranty Deed $9,345,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,400 New Conventional
Previous Owner $142,746 New Conventional
Previous Owner $28,054 Credit Line Revolving
Previous Owner $158,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $318,000 -2.2% $342 / Sq Ft
04/17/2025 04/17/25 For Sale $325,000 +2.2% $349 / Sq Ft
02/03/2025 02/03/25 Off Market $318,000 -- --
10/04/2024 10/04/24 For Sale $325,000 +10.2% $349 / Sq Ft
11/09/2023 11/09/23 Sold $295,000 -1.6% $317 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $299,900 -- $322 / 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 $3,516 $280,000 $30,000 $250,000
2022 $3,883 $280,000 $28,000 $252,000
2021 $3,748 $280,000 $25,000 $255,000
2020 $4,061 $280,000 $15,000 $265,000
2019 $3,981 $280,000 $7,500 $272,500
2018 $3,547 $266,500 $7,500 $259,000
2017 $3,307 $229,000 $7,500 $221,500
2016 $3,168 $214,500 $7,500 $207,000
2015 $2,949 $193,500 $7,500 $186,000
2014 -- $168,000 $7,500 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6612343

NorthstarMLS

APN: 22-029-24-12-0482