8 days on rocket

700 Washington Ave N Unit 218, Minneapolis, MN, 55401

$599,900

Home List Price

$7,124*

Closing Credit

2 Bedrooms
1 Bath
1,504 SqFt
$399/SqFt
Condo

Location

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700 Washington Ave N Unit 218, Minneapolis$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Open
Year Built1920
HeatingForced Air
CoolingCentral Air
MLS #6636354
StatusActive

About 700 Washington Ave N Unit 218

One of 20 walkup live/workspaces in the North Loop – these opportunities just do not come up often! Built in 1920, this historic warehouse originally housed the manufacturing of burlap bags for the mill industry and through the years has had a variety of purposes. In early 2000’s the building was modernized and converted into Residential Lofts while maintaining the character of the past. This unit perfectly blends modern design with the original concrete pillars, brick, and a massive metal truss. 15-foot ceilings along with a wall of windows make this Loft feel even bigger than it is – the pictures do not do it justice! Building amenities include an onsite property manager and a large rooftop deck with incredible views of downtown. The unit has 2 parking stalls located directly in front of the private walkup entrance. The HOA fee includes internet, cable, and all utilities except for electricity. With the unique zoning of the unit, you can utilize the space as your private home, a business, or both – there are many possibilities and opportunities! Plenty to do outside here with the Mississippi Walking/Biking Trail, Cedar Lake Trail, North Loop Dog Park, and North Loop Playground all just a short walk away. Exceptional Restaurants and Coffee Shops are not in short supply here either! Book your tour for this special property today – it may be the only one like it listed within the coming year.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,504 SqFt

Listing Office:

  • Office Name: DRG

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Open

Virtual/3D Tour

  • 3D Tour: 700 Washington Ave N Unit 218
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Go to back of 700 Washington via 2nd Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $399/SqFt

HOA Fees:

  • Amount: $1030
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,030
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

700 Washington Ave N Unit 218 vs Minneapolis

8 DAYS ON ROCKET

-25 Days

$599,900

+$249.9K More

$399/SqFt

+$197 More

KEY TAKEAWAY

This property is $249.9K more than the Median Sold Price and $197/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: #6636354

Listing Office:

  • Office Name: DRG

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Last updated on: 12/11/2024, 3:22:51 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

Apr 13, 2021Home Sold
$510,000
Aug 18, 2016Home Sold
$390,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,030$450,500
2019$6,221$429,000
2018$6,096$408,025
2017$5,704$379,140

History based on county public records data.

Payment Calculator

$4,092

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Nearby Schools

school-card-donut-1702512
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 0.38 miles

  • Public Charter Grades KG-4

school-card-donut-1702513
1
/10

  • Hall International

  • 1601 Aldrich Ave N

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-1702514
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.93 miles

  • Public District Grades PK-5

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. Most families are 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 218

What is the listing price of this property?

The listing price of 700 Washington Ave N Unit 218 property is $599,900.

What type of property is this?

The property 700 Washington Ave N Unit 218 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 700 Washington Ave N Unit 218 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,030 (source: MLS/based on county public records data).

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

The last sale was on April 13, 2021 for $510,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 700 Washington Ave N Unit 218 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 700 Washington Ave N Unit 218 is 1,504 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Washington Ave N Unit 218 is 1920.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›700 Washington Ave N Unit 218

This home is located at 700 Washington Ave N Unit 218 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,504 square foot home was built in 1920. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $599,900.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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