2 months on rocket

700 Washington Ave N Unit 203, Minneapolis, MN, 55401

$399,900

Home List Price

$4,749*

Closing Credit

1 Bedroom
1 Full Bath
1,360 SqFt
$294/SqFt
Condo

Location

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700 Washington Ave N Unit 203, Minneapolis$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Underground
Attached Garage1 space
Year Built1920
HeatingHot Water
CoolingCentral Air
MLS #6577325
StatusActive

About 700 Washington Ave N Unit 203

Unique 1 bed, 1 bath offers an open and spacious floorplan featuring an elevated front area with a private primary suite tucked away from the rest of the living area. Converted from a warehouse, the loft boasts expansive SE facing windows that flood the interior with natural light overlooking Washington Ave. Open your windows and listen to live music across the street at The Nordic courtyard. Includes one underground parking stall, along with a generous storage unit. Newer unit, finished in 2016. Property zoned for commercial and residential. Tower Lofts residents also enjoy a 6000 sq ft rooftop patio with fire pits, grills, and seating offering unobstructed downtown views. Other perks include free guest parking and onsite professional management. With its prime location, residents are just steps away from the best bars, restaurants, retail outlets, and scenic trails along the riverfront. Experience the allure of urban living at at Tower Lofts, where modern comforts meet the charm of historic architecture in the heart of the vibrant North Loop neighborhood. 2nd stall available for purchase.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,360 SqFt

Listing Office:

  • Office Name: DRG

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Underground

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: 394, left on Washington Ave N, 4 blocks down on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $294/SqFt

HOA Fees:

  • Amount: $861
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,354
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

700 Washington Ave N Unit 203 vs Minneapolis

89 DAYS ON ROCKET

+55 Days

$399,900

+$50K More

$294/SqFt

+$92 More

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $92/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6577325

Listing Office:

  • Office Name: DRG

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Last updated on: 11/5/2024, 8:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2016Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,354$401,000
2019$5,503$379,140
2018$5,379$359,520
2017$5,024$333,360

History based on county public records data.

Payment Calculator

$2,924

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-23400
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.10 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-23401
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 1.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,546. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Washington Ave N Unit 203

What is the listing price of this property?

The listing price of 700 Washington Ave N Unit 203 property is $399,900.

What type of property is this?

The property 700 Washington Ave N Unit 203 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 700 Washington Ave N Unit 203 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Washington Ave N Unit 203 are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,354 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2016 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 700 Washington Ave N Unit 203 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 Washington Ave N Unit 203 is 1,360 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Washington Ave N Unit 203 is 1920.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›700 Washington Ave N Unit 203

This home is located at 700 Washington Ave N Unit 203 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,360 square foot home was built in 1920. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $399,900.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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