$287,500

700 Washington Ave N Unit 523 Minneapolis, MN 55401

North Loop Neighborhood

Estimated payment $2,386/month

Total Views 7,428
1 Bed
1 Bath
820 Sq Ft
$351 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • The kitchen features windows
  • 1-Story Property
  • Elevator
  • Parking Storage or Cabinetry
  • Forced Air Heating and Cooling System

About This Home

Seller offering a 1-0 interest rate buydown! Ask your agent for more details.

Welcome to Tower Lofts, where industrial charm meets modern sophistication in the heart of the Historic North Loop. This loft-style condo offers the perfect blend of work and play, with soaring ceilings, exposed brick, and oversized windows that flood the space with natural light.

The open-concept layout is ideal for entertaining or getting in the zone for remote work. Unwind on the rooftop terrace with unbeatable skyline views, firepits, and lounge areas—perfect for after-work drinks or weekend entertaining.

Living in Tower Lofts means direct access to the best of North Loop, with award-winning restaurants, boutique shops, breweries, and Target Field just steps away. Plus, enjoy heated underground parking, an on-site caretaker, guest parking, and a vibrant community that loves city life as much as you do.

If you're looking for a stylish, low-maintenance home in the city’s trendiest neighborhood, this is it. Schedule a showing today and elevate your lifestyle at Tower Lofts!

Listing Agent

Erin Koch

RE/MAX Results Listed on: 03/25/2025

RE/MAX Results

Co-Listing Agent

Steven Albers

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1920

HOA Fees

  • $563 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Secure Parking

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924120533

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,491

Year Built

Built in 1920

Lot Details

0

HOA Fees

$563 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Door Lever Handles, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 820
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 820
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Parking Garage, Secured, Storage, Underground

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, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 563
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

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: N/A
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2202924120533
  • Tax Annual Amount: 3491
  • TaxWithAssessments: 3493.8200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,205 $258,000 $30,000 $228,000
2022 $3,571 $257,500 $28,000 $229,500
2021 $3,447 $257,500 $25,000 $232,500
2020 $3,735 $257,500 $15,000 $242,500
2019 $3,660 $257,500 $7,500 $250,000
2018 $3,443 $245,000 $7,500 $237,500
2017 $3,244 $210,500 $7,500 $203,000
2016 $3,136 $197,000 $7,500 $189,500
2015 $2,967 $177,500 $7,500 $170,000
2014 -- $152,500 $7,500 $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $287,500 -2.5% $351 / Sq Ft
06/10/2025 06/10/25 Price Changed $295,000 -1.3% $360 / Sq Ft
05/15/2025 05/15/25 Price Changed $299,000 -5.1% $365 / Sq Ft
03/27/2025 03/27/25 For Sale $315,000 -- $384 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $272,000 --
Warranty Deed $272,000 Edgewater Title
Warranty Deed $500 None Available
Warranty Deed $200,915 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,400 New Conventional
Closed $258,400 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 6675081

NorthstarMLS

APN: 22-029-24-12-0533