Seller's Agent in 2023
Barbara Davis
Coldwell Banker Burnet
(612) 554-0994
3 in this area
139 Total Sales
400 Groveland Ave Unit 1411 Minneapolis, MN 55403
Loring Park NeighborhoodEstimated Value: $150,000 - $187,000
2
Beds
1.5
Baths
978
Sq Ft
$499/mo
HOA Fee
Highlights
- 24-Hour Guard
- City View
- Deck
- Outdoor Pool
- 87,904 Sq Ft lot
- 1 Car Attached Garage
About This Home
As of January 2023Sophisticated style and fabulous views from this two bedroom/two bath corner unit at Summit House. Enjoy looking out over the city skyline, the Sculpture Garden and Walker Art Center, with long vistas from your private balcony. Classic condo style with parquet hardwood floors, neutral palette, open living and dining for entertaining. Efficient enclosed kitchen allows for plenty of work and storage space. Bedroom 1 looks at downtown and has a wall of closets. Bedroom 2 is spacious with a large closet, and has been used as a media room/den. Full bath with tub/shower combo near bedrooms, convenient half bath off the main living area. Several storage closets throughout. Great amenities between the two buildings - rooftop pools with sundecks, exercise and community spaces, 24-hr security desk and underground parking. All inclusive - HOA covers most utilities.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-554-0994 Listed on: 09/12/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,482
Year Built
- Built in 1968
Lot Details
- Few Trees
- Additional Parcels
HOA Fees
- $499 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Guest Parking
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 978 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
- Dining Room
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Outdoor Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2702924330322
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, ground maintenance, parking, professional mgmt, trash, security, shared amenities, lawn care, water
- Firstservice Residential Minnesota Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Condo 0222 Summit House A Cond Subdivision
- Car Wash Area
Amenities
- Community Deck or Porch
- Laundry Facilities
- Lobby
Recreation
- Community Pool
Additional Features
- Security
- 24-Hour Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2022
Closed on
Jan 17, 2023
Sold by
Sevals Edward B
Bought by
Traen Steven and Desutter Cynthia Marie
Seller's Agent
Barbara Davis
Coldwell Banker Realty
Buyer's Agent
Kelly Gaulrapp
Keller Williams Realty Integrity Lakes
List Price
$170,000
Sold Price
$162,500
Premium/Discount to List
-$7,500
-4.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,220
Avg. Annual Appreciation
1.37%
Original Mortgage
$60,000
Outstanding Balance
$58,051
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$110,669
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Traen Steven | $162,500 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Traen Steven | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | $162,500 | -4.4% | $166 / Sq Ft |
| 09/12/2022 09/12/22 | Pending | -- | -- | -- |
| 09/12/2022 09/12/22 | For Sale | $170,000 | -- | $174 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,338 | $155,000 | $18,000 | $137,000 |
| 2023 | $6,216 | $155,000 | $17,000 | $138,000 |
| 2022 | $6,743 | $174,000 | $15,000 | $159,000 |
| 2021 | $2,209 | $184,000 | $14,000 | $170,000 |
| 2020 | $2,091 | $183,500 | $11,000 | $172,500 |
| 2019 | $2,054 | $164,000 | $7,300 | $156,700 |
| 2018 | $1,890 | $157,500 | $7,300 | $150,200 |
| 2017 | $2,067 | $154,500 | $7,300 | $147,200 |
| 2016 | $1,999 | $146,500 | $7,300 | $139,200 |
| 2015 | $2,052 | $143,500 | $7,300 | $136,200 |
| 2014 | -- | $126,000 | $7,300 | $118,700 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Davis
-
Jonna Kosalko
Seller Co-Listing Agent in 2023
Jonna Kosalko
Coldwell Banker Burnet
(612) 695-3136
4 in this area
233 Total Sales
-
Kelly Gaulrapp
Buyer's Agent in 2023
Kelly Gaulrapp
Keller Williams Realty Integrity Lakes
(612) 807-6082
1 in this area
133 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6252536
APN: 27-029-24-33-0322
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