$277,000 - $354,000
RENTED JUN 15, 2025

718 Washington Ave N Unit 514 Minneapolis, MN 55401

North Loop Neighborhood
1 Bed
1 Bath
854 Sq Ft
0.51 Acres

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Subterranean Parking
  • 1-Story Property
  • High-Rise Condominium

About This Home

As of June 2025

Discover true industrial loft living at Soho Lofts, perfectly positioned in the vibrant North Loop. Steps from top restaurants, retail, fitness studios, and nightlife, this historic gem puts you at the heart of the action. Enjoy timeless finishes like exposed brick walls, soaring 12-foot ceilings, and polished concrete floors inside. Soho Lofts: where classic charm meets contemporary comfort, available now! Included with rent: one indoor heated parking stall, storage unit, and water/sewer/trash. Tenant responsible for electricity and gas. App Fee: $78 per adult occupant, Admin Fee: $150, Move-in Fee: $450, Security Deposit is One Month's Rent.

Last Agent to Rent the Property

Devon White

DRG Listed on: 03/03/2025

Co-Listed By

Zach Olson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1922

Lot Details

  • 0.51

Parking

  • Subterranean Parking

Interior Spaces

  • 854 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
  • Soho Lofts Subdivision

Listing and Financial Details

  • Property Available on 3/3/25
  • Tenant pays for cable TV, gas, heat
  • The owner pays for trash collection, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,441

Year Built

Built in 1922

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Lease Term: 12 Months
  • Available Date: 2025-03-03
  • Lease Price: 1800.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1800.0000
  • 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: 1922
  • Above Grade Finished Sq Ft: 854
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 854
  • Owner Pays: Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: 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: TBD

Multi Family

  • TenantPays: Cable TV, Gas, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Hillila David
Bought by
Palmer Kimberlee
Current Estimated Value
$309,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,903
Outstanding Balance
$265,937
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$43,161

Purchase Details

Closed on
Sep 28, 2017
Sold by
Moynihan Colin J
Bought by
Hillila David

Purchase Details

Closed on
Jun 17, 2016
Sold by
Vonvett Caleb D and Von Vett Emily E
Bought by
Moynihan Colin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,484
Interest Rate
4.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2016
Sold by
Vonvett Caleb D and Von Vett Emily E
Bought by
Vonvett Caleb D and Von Vett Emily E

Purchase Details

Closed on
May 20, 2014
Sold by
Monahan Sean P and Monahan Dennis G
Bought by
Vonvett Caleb D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
718 Washington Developers Llc
Bought by
Monahan Sean P and Monahan Dennis G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palmer Kimberlee $299,900 Trademark Title Services Inc
Hillila David $251,000 Burnet Title
Moynihan Colin J $225,773 Edina Realty Title Inc
Vonvett Caleb D -- Attorney
Vonvett Caleb D $182,000 Edina Realty Title Inc
Monahan Sean P $175,000 --
Palmer Kimberlee Kimberlee $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Kimberlee $290,903
Previous Owner Moynihan Colin J $214,484
Previous Owner Vonvett Caleb D $172,900
Closed Palmer Kimberlee Kimberlee $290,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2025 06/15/25 Rented $1,800 0.0% --
04/21/2025 04/21/25 Price Changed $1,800 -5.3% $2 / Sq Ft
03/07/2025 03/07/25 For Rent $1,900 -- --
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 $3,441 $251,000 $55,000 $196,000
2023 $2,961 $239,000 $33,000 $206,000
2022 $3,036 $232,000 $31,000 $201,000
2021 $3,106 $232,000 $28,000 $204,000
2020 $3,148 $232,000 $10,800 $221,200
2019 $2,974 $217,000 $7,200 $209,800
2018 $2,463 $199,000 $7,200 $191,800
2017 $2,184 $160,500 $7,200 $153,300
2016 $1,957 $143,000 $7,200 $135,800
2015 $1,850 $131,500 $7,200 $124,300
2014 -- $122,500 $7,200 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6678811

NorthstarMLS

APN: 22-029-24-12-0608