NOT LISTED FOR SALE

700 Washington Ave N Unit 620 Minneapolis, MN 55401

North Loop Neighborhood

Estimated Value: $530,000 - $570,676

2 Beds
2 Baths
1,551 Sq Ft
$803/mo HOA Fee

Last Sold May 02, 2023

Last sale price $535,000 $345 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,402/month

64 Days on Market

Highlights

  • Elevator
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • Heated Garage

About This Home

As of May 2023

Generously sized 2BD plus Den/office/dining room with an amazing kitchen for entertaining! True loft conversion in one of the most popular buildings in North Loop! Unit is freshly painted and comes with an updated feel. Great walkability to shops, restaurants, and entertainment! Enjoy the 6,000 sq ft rooftop deck with spectacular city of Mpls and North Loop urban views.

Last Agent to Sell the Property

Joe Grunnet

DRG Listed on: 01/04/2023

Last Buyer's Agent

Trey Davis

Engel & Volkers Lake Minnetonka

Engel & Volkers Lake Minnetonka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,040

Year Built

  • Built in 2005

Lot Details

  • 1.1

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1,551 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924120558

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, heating, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, 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

$7,040

Year Built

Built in 2005

Lot Details

0

HOA Fees

$803 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1551
  • 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, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1551
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 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

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 803
  • Association: Yes

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

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2202924120558
  • Tax Annual Amount: 7040
  • TaxWithAssessments: 7043.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2014
Sold by
Cohen Andrew and Cohen Mary
Bought by
Cohen Andrew and Cohen Mary
Total Days on Market
64
Current Estimated Value
$544,919

Purchase Details

Closed on
Oct 17, 2014
Sold by
Palda John E
Bought by
Cohen Andrew and Cohen Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,720
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Tower Lofts Lllp
Bought by
Palda John E
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 Buyer Sale Price Title Company
Cohen Andrew -- Burnet Title
Cohen Andrew $405,000 Burnet Title
Palda John E $399,305 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Andrew D $410,000
Closed Cohen Andrew D $377,353
Closed Cohen Andrew $394,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $535,000 -0.9% $345 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $539,900 -1.8% $348 / Sq Ft
01/04/2023 01/04/23 For Sale $549,900 -- $355 / 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 $6,643 $507,000 $55,000 $452,000
2022 $7,043 $506,500 $50,000 $456,500
2021 $6,798 $506,500 $46,000 $460,500
2020 $7,365 $506,500 $24,600 $481,900
2019 $7,207 $506,500 $12,300 $494,200
2018 $6,779 $482,500 $12,300 $470,200
2017 $6,386 $414,500 $12,300 $402,200
2016 $6,143 $388,000 $12,300 $375,700
2015 $5,756 $349,500 $12,300 $337,200
2014 -- $305,500 $12,300 $293,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6320663

NorthstarMLS

APN: 22-029-24-12-0558