$396,000 - $398,000
RENTED JUN 1, 2025

Portland Tower 740 Portland Ave Unit 1305 Minneapolis, MN 55415

Elliot Park Neighborhood
2 Beds
2 Baths
1,176 Sq Ft
$338 Price per Sq Ft

About This Home

Now available: 13th floor Portland Tower 2BR, 2BA, 1Pkg with most utilities included one block from Skyway access. Kitchen has granite countertops, stainless steel appliances, gas oven, and island. Unit features hardwood floors, upgraded lighting, roller blinds for the wall of windows, large balcony with natural gas grill hook-up, and closet organizers. Portland Tower provides onsite staff, free heated indoor guest parking, controlled access, fitness center, community room, rooftop patio, and pet relief area. Included with rent: 1 parking stall, storage unit, water/sewer/trash, heat, a/c, basic cable & internet. Tenant responsible for electricity. Application fee is $78 per person, one-time admin fee is $150, one-time moving fee is $300, Security Deposit is One Month's Rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
Portland Tower Llc
Bought by
Wang Yijian and Li Shiming
Current Estimated Value
$397,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,320
Outstanding Balance
$313,855
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$83,372
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wang Yijian $457,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yijian $366,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Rented $2,350 0.0% --
04/22/2025 04/22/25 For Rent $2,350 +9.3% --
12/19/2023 12/19/23 Rented $2,150 0.0% --
12/04/2023 12/04/23 For Rent $2,150 -- --

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 $4,790 $367,000 $14,000 $353,000
2022 $5,821 $391,000 $11,000 $380,000
2021 $5,484 $420,000 $9,000 $411,000
2020 $5,943 $410,000 $8,900 $401,100
2019 $4,300 $410,000 $8,100 $401,900
2018 $4,116 $288,000 $7,400 $280,600
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Seller's Agent in 2025

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Patrick Carson

    DRG

    (612) 254-0149

    13 in this area

    168 Total Sales

    Patrick Carson
    Section Image
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About Portland Tower

Map

Minnesota Hennepin County Minneapolis 55404 Elliot Park

740 Portland Ave Unit 1305, Minneapolis, MN

This home is located at 740 Portland Ave Unit 1305, Minneapolis, MN 55415 and is currently estimated at $397,227, approximately $337 per square foot. 740 Portland Ave Unit 1305 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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