$365,000
SOLD SEP 24, 2024

700 Washington Ave N Unit 527 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
1,070 Sq Ft
$721/mo HOA Fee

Recently Sold

$341 Per Sq Ft

30 Days on Market

Highlights

  • Elevator
  • 1-Story Property
  • Baseboard Heating
  • Living Room
  • Central Air
  • Heated Garage

About This Home

As of September 2024

Amazing Tower Lofts unit with 2 parking stalls! Enjoy a spacious, open layout with industrial features like exposed brick, high ceilings and concrete floors. Fresh new kitchen backsplash and bathroom tile. Large windows with south/west views for great afternoon light. The massive rooftop deck is a great place for entertaining with grills, chairs and stunning skyline views. Building is zoned for both business and residential use. Located in the heart of North Loop, you'll have trendy shops, cafes, restaurants and nightlife right at your doorstep. Just a few blocks from Target Field, the light rail and the Mississippi River parks & trails. This is the best of city living!

Last Agent to Sell the Property

Mike Seebinger

DRG Listed on: 08/15/2024

Co-Listed By

Kris Schwab

DRG

Last Buyer's Agent

Caitlin McGuire

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 1920

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2202924120537

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,715

Year Built

Built in 1920

Lot Details

0

HOA Fees

$721 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
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1070
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Disposal
  • Living Area: 1070
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Tar/Gravel
  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas,Other

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Electricity, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 721
  • Association: Yes
  • Amenities Unit: Deck

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: IRREGULAR
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2202924120537
  • Tax Annual Amount: 4715
  • TaxWithAssessments: 4715.1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 24, 2024
Sold by
Sullivan Ryan Patrick and Sullivan Lindsey
Bought by
Thompson Tarcy
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Caitlin McGuire
Keller Williams Realty Integrity Lakes
List Price
$364,900
Sold Price
$365,000
Premium/Discount to List
$100
0.03%
Views
11
Current Estimated Value
$361,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,424
Avg. Annual Appreciation
-0.90%
Original Mortgage
$297,110
Outstanding Balance
$294,337
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$67,790

Purchase Details

Closed on
Nov 9, 2011
Sold by
Tran Thuan Duc and Nguyen Theo Phu Trong
Bought by
Sullivan Ryan Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Tower Lofts Lllp
Bought by
Tran Thuan Duc and Nguyen Phu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $365,000 Titlenexus
Warranty Deed $159,900 Realstar Title
Warranty Deed $289,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,110 New Conventional
Previous Owner $143,900 New Conventional
Previous Owner $231,920 New Conventional
Previous Owner $43,485 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $365,000 0.0% $341 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/29/2024 08/29/24 Off Market $365,000 -- --
08/17/2024 08/17/24 For Sale $364,900 -- $341 / 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 $4,715 $361,000 $41,000 $320,000
2022 $4,999 $360,500 $38,000 $322,500
2021 $4,825 $360,500 $35,000 $325,500
2020 $5,228 $360,500 $18,600 $341,900
2019 $5,131 $360,500 $9,300 $351,200
2018 $4,826 $343,500 $9,300 $334,200
2017 $4,545 $295,000 $9,300 $285,700
2016 $4,222 $276,000 $9,300 $266,700
2015 $3,948 $249,000 $9,300 $239,700
2014 -- $213,500 $9,300 $204,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6586492

NorthstarMLS

APN: 22-029-24-12-0537