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700 Washington Ave N Unit 625, Minneapolis, MN, 55401

$335,000

Home List Price

$3,978*

Closing Credit

1 Bedroom
1 Full Bath
1,058 SqFt
$317/SqFt
Condo

Location

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700 Washington Ave N Unit 625, Minneapolis$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Heated Garage, Parking Garage, Underground
Attached Garage1 space
Year Built2005
HeatingForced Air
CoolingCentral Air
MLS #6608726
StatusActive

About 700 Washington Ave N Unit 625

Welcome to Tower Lofts! This top floor unit in the heart of the North Loop overlooks the Washington Ave entertainment district and it footsteps from some of the best dining and entertainment in the city. Floor to ceiling exposed brick walls, hardwood floors and an open kitchen, living and eating area has an abundance of natural light. The bedroom has a closet system and there is a loft for additional storage or a cozy reading nook. This unit has a stackable washer/dryer, one parking stall in a heated and secure garage with an additional storage unit. This dog-friendly building has a rooftop deck with grills, fire pits and picturesque views of the city. Walkable to Target Field, award-winning cuisine, bars, coffee shops, a nearby dog park and access to trails make this the perfect loft in the city.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,058 SqFt

Listing Office:

  • Office Name: Wexford Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • 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: Attached Garage, Heated Garage, Parking Garage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: 700 Washington Ave N - 625

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $317/SqFt

HOA Fees:

  • Amount: $653
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,762
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$346.6K

Med. Price/SqFt

$202

Avg. Days On Market

26

# of Sold Homes

1065

700 Washington Ave N Unit 625 vs Minneapolis

1 DAY ON ROCKET

-25 Days

$335,000

-$11.6K Less

$317/SqFt

+$115 More

KEY TAKEAWAY

This property is $11.6K less than the Median Sold Price and $115/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: #6608726

Listing Office:

  • Office Name: Wexford Real Estate

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Last updated on: 9/27/2024, 9:22:49 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

Dec 21, 2017Home Sold
$307,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,762$360,000
2019$5,159$355,160
2018$5,123$343,000
2017$2,565$170,500

History based on county public records data.

Payment Calculator

$2,392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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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-848748
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 3.10 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-848749
3
/10
  • Edison High School

  • 700 22nd Ave NE

  • 1.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,546. The majority of Minneapolis, MN residents have income 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 625

What is the listing price of this property?

The listing price of 700 Washington Ave N Unit 625 property is $335,000.

What type of property is this?

The property 700 Washington Ave N Unit 625 is a condo located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 700 Washington Ave N Unit 625 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 625 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 $4,762 (source: MLS/based on county public records data).

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

The last sale was on December 21, 2017 for $307,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 700 Washington Ave N Unit 625 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 Washington Ave N Unit 625 is 1,058 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Washington Ave N Unit 625 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›700 Washington Ave N Unit 625

This home is located at 700 Washington Ave N Unit 625 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,058 square foot home was built in 2005. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $335,000.

Minneapolis, MN housing market in August 2024 saw over 405 listings sold above listed price, more than 247 sold at listed price and over 413 sold below. In August 2024 in Minneapolis, MN there were 2.1% more homes for sale than in July 2024. While the average time on the market in August 2024 was 26 days, the median list price was $346,653.

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

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