NOT LISTED FOR SALE

400 Groveland Ave Unit 1614 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $103,000 - $141,202

1 Bed
1 Bath
750 Sq Ft
$482/mo HOA Fee

Last Sold May 02, 2024

Last sale price $105,000 $140 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,241/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • 1 Car Attached Garage
  • Guest Parking
  • Elevator
  • Living Room
  • 1-Story Property

About This Home

As of May 2024

Enjoy stunning views of downtown skyline from the east-facing balcony! Original parquet flooring inbedroom, dining and living room. Updates in bathroom. Take a dip in the rooftop pool and relax in the pool cabana. Other amenities include heated underground parking, a workout room, and a 24-hour concierge. This unit offers the perfect blend of comfort and convenience in the heart of the city. Priced to sell! Don't miss out on this incredible opportunity!

Last Listed By

Nicoli Holm

Keller Williams Realty Integrity Listed on: 03/27/2024

Keller Williams Realty Integrity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Insulated Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Heated In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924330353

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 871-6110
  • High-Rise Condominium
  • Condo 0222 Summit House A Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,256

Year Built

Built in 1968

Lot Details

0

HOA Fees

$482 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Laundry, Concrete Floors & Walls, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 750
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 750
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat, Tar/Gravel
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • ConstructionMaterialsDesc: Block,Brick,Concrete
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Garage Door Opener, Guest Parking, Insulated Garage, Parking Garage, Secured, Shared Garage/Stall, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Electricity, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-871-6110
  • Association Fee: 482
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Exercise Room,Hardwood Floors,Panoramic View,Tile Floors,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-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924330353
  • Tax Annual Amount: 1256
  • TaxWithAssessments: 4467.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 24, 2024
Sold by
Hall Bradley D and Hall Bradley
Bought by
Hager Joanne F and Hager Michael A
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Phani Vajh
Empire Realty LLC
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%
Total Days on Market
10
Views
46
Current Estimated Value
$115,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,551
Avg. Annual Appreciation
9.94%
Original Mortgage
$99,750
Outstanding Balance
$98,889
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$16,662

Range of Values:

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Average Value
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List Price
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
Hager Joanne F $101,911 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hager Joanne F $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $105,000 +5.0% $140 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $100,000 -- $133 / 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 $4,467 $120,000 $13,000 $107,000
2022 $5,129 $146,000 $12,000 $134,000
2021 $1,956 $159,000 $11,000 $148,000
2020 $1,841 $166,000 $9,000 $157,000
2019 $1,813 $148,000 $6,000 $142,000
2018 $1,663 $142,500 $6,000 $136,500
2017 $1,826 $140,000 $6,000 $134,000
2016 $1,768 $133,000 $6,000 $127,000
2015 $2,171 $130,000 $6,000 $124,000
2014 -- $114,000 $6,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6499248

NorthstarMLS

APN: 27-029-24-33-0353