NOT LISTED FOR SALE

400 Groveland Ave Unit 1807 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $186,532 - $232,000

2 Beds
1.5 Baths
1,088 Sq Ft
$540/mo HOA Fee

Last Sold July 17, 2023

Last sale price $224,900 $207 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,860/month

55 Days on Market

Highlights

  • Outdoor Pool
  • 87,861 Sq Ft lot
  • Elevator
  • City View
  • Deck
  • Subterranean Parking

About This Home

As of July 2023

Impressive city views from this beautiful 18th floor condo. A perfect, tastefully appointed full-time home or Pied-a-terre with excellent walkability. Updated kitchen and bathrooms, classic parquet floors. Amenities include: 2 pools, fitness center, party/community room, cabana room, guest parking, and 24 hour concierge. Enjoy comfort, convenience and the ease of your association covering every detail.

Last Agent to Sell the Property

Michelle Fussy Peterson

National Realty Guild Listed on: 05/02/2023

National Realty Guild

Last Buyer's Agent

Karen Nielsen

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage
  • Common or Shared Parking
  • Garage Door Opener

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924330374

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0222 Summit House A Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,562

Year Built

Built in 1968

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Elevator(s), Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1088
  • 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: Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living Area: 1088
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Outdoor Pool, Shared
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Shared Garage/Stall, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Electricity, Gas, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 540
  • Association: Yes
  • Amenities Unit: Balcony,City View,Deck,Hardwood Floors,Indoor Sprinklers,Main Floor Primary Bedroom,Tile Floors

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924330374
  • Tax Annual Amount: 2562
  • TaxWithAssessments: 7220.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 30, 2023
Sold by
Mcgonagle Kathleen
Bought by
Carson Barbara
Seller's Agent
Michelle Fussy Peterson
National Realty Guild
Buyer's Agent
Karen Nielsen
Lakes Sotheby's International Realty
List Price
$249,900
Sold Price
$224,900
Premium/Discount to List
-$25,000
-10%
Views
81
Current Estimated Value
$211,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,267
Avg. Annual Appreciation
-2.62%

Purchase Details

Closed on
Sep 1, 2015
Sold by
Austvold Shane D and Govindu Prashanti
Bought by
Mcgonagle Kathleen

Purchase Details

Closed on
May 25, 2006
Sold by
Cabanela Rosa L and Cabanela Miguel E
Bought by
Austvold Shane D and Govindu Prashanti
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
Carson Barbara $224,894 Stewart Title
Carson Barbara $224,894 Stewart Title
Mcgonagle Kathleen $174,000 Titlesmart Inc
Austvold Shane D $220,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $224,900 -2.2% $207 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $229,900 -4.2% $211 / Sq Ft
05/08/2023 05/08/23 Price Changed $239,900 -4.0% $220 / Sq Ft
05/05/2023 05/05/23 For Sale $249,900 -- $230 / 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
2024 $7,026 $185,000 $20,000 $165,000
2023 $6,846 $185,000 $19,000 $166,000
2022 $7,160 $197,000 $17,000 $180,000
2021 $2,563 $197,000 $16,000 $181,000
2020 $2,433 $207,000 $13,100 $193,900
2019 $2,396 $185,000 $8,700 $176,300
2018 $2,218 $178,000 $8,700 $169,300
2017 $2,425 $175,500 $8,700 $166,800
2016 $2,353 $166,500 $8,700 $157,800
2015 $2,722 $163,000 $8,700 $154,300
2014 -- $143,000 $8,700 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6364061

NorthstarMLS

APN: 27-029-24-33-0374