NOT LISTED FOR SALE

The Groveland 317 Groveland Ave Unit 502 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $385,728 - $437,000

2 Beds
2 Baths
1,391 Sq Ft
$796/mo HOA Fee

Last Sold November 01, 2022

Last sale price $390,000 $280 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,462/month

74 Days on Market

Highlights

  • City View
  • Home Office
  • Walk-In Closet
  • Deck
  • Elevator
  • Patio

About This Home

As of November 2022

Welcome to the Groveland! This immaculate 2 bedroom, 2 bath condo has an outstanding location on the Groveland Ave side of the building with tree lined streets and city views from the 5th floor. Highlights include 9-ft ceilings, big windows, Brazilian Cherry floors, maple cabinetry, HUGE center island, granite counter tops, stainless appliances, gas fireplace, Private owners suite w/ spa bath and walk-in closet, generous dining with room to expand when entertaining larger groups, separate laundry and bonus storage/pantry room with built-in cabinetry. PLUS, 2-heated garage stalls & extra storage right by the elevator. Built w/concrete construction for quiet living, lovely building amenities, on-site property managerand assoc. fees includes heat, AC, cable, AND internet! Close to everything!! Loring Park, Uptown, Downtown, The Walker, Sculpture Garden, and tons of shops, theatres & restaurants. Almost instant access to multiple freeways, so you can get anywhere in no time at all!

Last Agent to Sell the Property

Matthew Charlsen

Keller Williams Realty Integrity Lakes Listed on: 07/29/2022

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,960

Year Built

  • Built in 2006

Lot Details

  • 1.4

HOA Fees

  • $796 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,391 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Listing and Financial Details

  • Assessor Parcel Number 2702924331033

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1382 The Groveland Subdivision
  • Car Wash Area

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,960

Year Built

Built in 2006

Lot Details

0

HOA Fees

$796 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Hallways 42"+, No Stairs Internal, Other, Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1391
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1391
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Primary Bathroom, Walk In Closet, Office
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Secured, Underground
  • Garage Square Feet: 120

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 796
  • Association: Yes
  • Amenities Unit: City View,Deck,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924331033
  • Tax Annual Amount: 5960
  • TaxWithAssessments: 5960.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Nov 1, 2022
Sold by
Altenbach Jane and Altenbach John
Bought by
Peterson Bradley C and Peterson Pamela S
Seller's Agent
Matthew Charlsen
Keller Williams Realty Integrity Lakes
List Price
$424,900
Sold Price
$390,000
Premium/Discount to List
-$34,900
-8.21%
Total Days on Market
74
Current Estimated Value
$415,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,701
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Habeger Pamela J and Habeger Pamela J
Bought by
Altenbach Jane and Altenbach John

Purchase Details

Closed on
Sep 17, 2015
Sold by
Habeger Robert J and Habeger Pamela J
Bought by
Habeger Pamela J and Pamela J Habeger Revocable Intervivos Tr

Purchase Details

Closed on
Mar 9, 2006
Sold by
317 Groveland Llc
Bought by
Habeger Robert J and Habeger Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Peterson Bradley C $390,088 Watermark Title
Altenbach Jane $399,900 None Available
Habeger Pamela J -- Attorney
Habeger Robert J $452,825 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Habeger Robert J $149,500
Previous Owner Habeger Pamela J $150,000
Previous Owner Habeger Pamela J $279,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $390,000 -2.5% $280 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $399,900 -5.9% $287 / Sq Ft
07/29/2022 07/29/22 For Sale $424,900 -- $305 / Sq Ft
Source: NorthstarMLS

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 $4,811 $372,000 $29,000 $343,000
2022 $5,960 $396,000 $26,000 $370,000
2021 $5,845 $430,000 $24,000 $406,000
2020 $6,211 $437,000 $20,600 $416,400
2019 $6,397 $428,500 $13,700 $414,800
2018 $6,001 $428,500 $13,700 $414,800
2017 $6,151 $400,500 $13,700 $386,800
2016 $6,010 $380,500 $13,700 $366,800
2015 $5,950 $360,500 $13,700 $346,800
2014 -- $338,000 $13,700 $324,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Charlsen

    Seller's Agent in 2022

    Matthew Charlsen

    Keller Williams Realty Integrity Lakes

    (907) 947-9399

    3 in this area

    84 Total Sales

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About The Groveland

Map

Source: NorthstarMLS

MLS Number: 6239957

NorthstarMLS

APN: 27-029-24-33-1033

Minnesota Hennepin County Minneapolis 55403 Loring Park

317 Groveland Ave Unit 502, Minneapolis, MN

This home is located at 317 Groveland Ave Unit 502, Minneapolis, MN 55403 since 29 July 2022 and is currently estimated at $413,182, approximately $297 per square foot. This property was built in 2006. 317 Groveland Ave Unit 502 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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