1724 Summit Ave Minneapolis, MN 55403
Lowry Hill NeighborhoodEstimated payment $11,943/month
Highlights
- 3 Fireplaces
- 2 Car Attached Garage
- Property is Fully Fenced
- No HOA
- Forced Air Heating and Cooling System
About This Home
Be a part of this story. The story of 1724 Summit Ave is really the story of how Lowry Hill evolved from a wooded ridge above downtown into Minneapolis’ old-money mansion district. Built in 1907, at the height of Lowry Hill’s development, the home reflects an era when Minneapolis milling, lumber, railroad, and finance fortunes were transforming the neighborhood. Summit Avenue became a showcase street for prominent families building architect-designed homes on elevated, tree-lined land near downtown. What makes 1724 Summit especially representative of the period is its scale and craftsmanship. Original mahogany millwork, a grand staircase, fireplaces, sunrooms, and formal entertaining spaces reflect the hallmarks of early-20th-century high end Minneapolis architecture. The home was designed not only as a residence, but as a setting for entertaining and prosperity. In 1907, Minneapolis was one of the wealthiest cities in America per capita, fueled by flour milling and timber. Developers like Thomas Lowry transformed the area west of downtown into an elite enclave known for its grand homes and prestigious reputation. Unlike many historic mansions that were later divided or demolished, 1724 Summit remains an intact single-family estate, a rarity for a 7,600+ square-foot home of this era. The modern real-estate story reflects growing appreciation for preserved “legacy homes” near the city’s urban core. Today, 1724 Summit stands out for its rare combination of scale, original craftsmanship, and prestigious historic location. Homes with this level of millwork, room volume, historic character, and proximity to Lake of the Isles and Kenwood are increasingly scarce. Architecturally, the home bridges Victorian and emerging Edwardian design, blending formal entertaining spaces and handcrafted detail with brighter rooms and more open gathering areas. Its prominent corner setting at Summit and Knox further reinforced its original status and presence within Lowry Hill.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,673
Year Built
- Built in 1907
Lot Details
- Lot Dimensions are 77 x 135
- Property is Fully Fenced
Parking
- 2 Car Attached Garage
Home Design
- Brick Foundation
Interior Spaces
- 2-Story Property
- 3 Fireplaces
- Wood Burning Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
- Laundry on upper level
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Community Details
- No Home Owners Association
- Greens 5Th Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2802924340109
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $36,673 | $2,031,000 | $509,000 | $1,522,000 |
| 2024 | $31,878 | $1,846,000 | $509,000 | $1,337,000 |
| 2023 | $28,000 | $1,846,000 | $509,000 | $1,337,000 |
| 2022 | $30,205 | $1,792,000 | $509,000 | $1,283,000 |
| 2021 | $29,110 | $1,870,500 | $462,000 | $1,408,500 |
| 2020 | $31,490 | $1,870,500 | $503,800 | $1,366,700 |
| 2019 | $32,353 | $1,870,500 | $469,700 | $1,400,800 |
| 2018 | $31,018 | $1,870,500 | $469,700 | $1,400,800 |
| 2017 | $31,709 | $1,781,500 | $427,000 | $1,354,500 |
| 2016 | $32,855 | $1,781,500 | $427,000 | $1,354,500 |
| 2015 | $34,440 | $1,781,500 | $427,000 | $1,354,500 |
| 2014 | -- | $1,696,500 | $385,500 | $1,311,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2026 05/26/26 | For Sale | $1,655,000 | -- | $217 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,850,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,480,000 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 7080935
APN: 28-029-24-34-0109
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