NOT LISTED FOR SALE

700 Washington Ave N Unit 521 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $320,000 - $389,000

1 Bed
1 Bath
1,141 Sq Ft
1.1 Acres

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Subterranean Parking
  • 1-Story Property
  • Heated Garage

About This Home

As of April 2024

Experience true loft living in this large, west facing 5th floor Tower Lofts unit available in the heart of the vibrant North Loop neighborhood. This industrial style 1BR, 1BA loft features original brick walls, finished concrete floors, 15 ft. concrete columns and ceilings, stainless steel appliances, custom kitchen cabinets, granite counters, center island, walk-in closet with custom built-in organizers, and more! Tower Lofts amenities include onsite professional management, secure access, amazing community rooftop patio, 1st floor and 2nd floor businesses. Included in rent: 1 Indoor heated parking stall, storage unit, water/sewer/trash, gas, heating, a/c, basic cable & internet. Tenant responsible for electricity. Application fee: $78 per person, Admin Fee: $150; move-in fee: $100, security deposit is one month's rent.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 02/23/2024

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1920

Lot Details

  • 1.1

Parking

  • Subterranean Parking
  • Heated Garage

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Property Available on 4/15/24
  • The owner pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 2202924120531

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,342

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-04-15
  • Lease Price: 2295.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 2295.0000
  • 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: 1920
  • Above Grade Finished Sq Ft: 1141
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 1141
  • Owner Pays: Cable TV, Gas, Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • SqFtTotal: 1141.00
  • Shared Rooms: Community 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
  • 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: 2202924120531

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Bad Ventures Llc
Current Estimated Value
$354,189

Purchase Details

Closed on
Sep 25, 2009
Sold by
Derek Holje
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 23, 2005
Sold by
Tower Lofts Lllp
Bought by
Holje Derek J
Source: Public Records

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
Bad Ventures Llc $177,000 --
Mortgage Electronic Registration Systems $257,508 --
Mortgage Electronic Registration Systems $257,508 --
Holje Derek J $297,255 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Rented $2,325 +1.3% --
02/23/2024 02/23/24 For Rent $2,295 -- --
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
2024 $5,342 $359,000 $55,000 $304,000
2023 $4,937 $378,000 $42,000 $336,000
2022 $5,235 $377,500 $38,000 $339,500
2021 $5,053 $377,500 $35,000 $342,500
2020 $5,475 $377,500 $18,200 $359,300
2019 $5,370 $377,500 $9,100 $368,400
2018 $5,051 $359,500 $9,100 $350,400
2017 $4,753 $308,500 $9,100 $299,400
2016 $4,599 $289,000 $9,100 $279,900
2015 $4,353 $260,500 $9,100 $251,400
2014 -- $223,500 $9,100 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6493726

NorthstarMLS

APN: 22-029-24-12-0531