Seller's Agent in 2024
Sue Owen
Keller Williams Select Realty
(507) 271-2861
1 in this area
2 Total Sales
400 Groveland Ave Unit 2011 Minneapolis, MN 55403
Loring Park NeighborhoodEstimated Value: $172,000 - $208,000
2
Beds
1.5
Baths
978
Sq Ft
$592/mo
HOA Fee
Highlights
- 24-Hour Guard
- City View
- 1 Car Attached Garage
- In Ground Pool
- Deck
- Living Room
About This Home
As of April 2024Take in sweeping downtown views and sunsets from this coveted and well-cared for 20th floor (#2011) condo with two bathrooms, west-facing balcony, and recently updated kitchen with quartz countertops and backsplash, travertine tile floor, new plumbing and new stainless steel appliances. Rugs and carpeting have been removed. Amenities include rooftop pool, fitness center, heated garage parking, community room, and 24-hour security. The unbeatable location and breathtaking views make it perfect for those looking for a sophisticated & convenient lifestyle. Enjoy walking to the Sculpture Garden and taking the iconic walking bridge that connects the sculpture garden with Loring Park and downtown. Along with great walkability, enjoy the ease of accessing major freeways. The building has been updated with a $21 million dollar renovation. Come back for a second look at twilight for views of the midnight-blue Minneapolis skyline, ablaze with sparkling lights.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,164
Year Built
- Built in 1968
Lot Details
- Sprinkler System
- Few Trees
HOA Fees
- $592 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Shared Driveway
- Guest Parking
- Secure Parking
Interior Spaces
- 978 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Utility Room Floor Drain
- City Views
Kitchen
- Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Wheelchair Ramps
Outdoor Features
- In Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 2702924330406
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, hazard insurance, heating, 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
- Lobby
Recreation
- Community Pool
Security
- 24-Hour Guard
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2024
Closed on
Apr 22, 2024
Sold by
Lois Owen Trust and Owen Lois J
Bought by
Cherwien David Mark
Seller's Agent
Sue Owen
Keller Williams Select Realty
Buyer's Agent
Christine Hazel
Coldwell Banker Realty
List Price
$199,000
Sold Price
$193,500
Premium/Discount to List
-$5,500
-2.76%
Views
38
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
-$8,456
Avg. Annual Appreciation
-2.88%
Original Mortgage
$90,412
Outstanding Balance
$88,953
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$96,091
Purchase Details
Closed on
Dec 14, 2015
Sold by
Owen Lois J and Owen Lois
Bought by
Owen Lois J and The Lois Owen Trust Agreement
Purchase Details
Closed on
Jul 17, 2015
Sold by
Bradley Maryjane Githens
Bought by
Owen Lois
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2001
Sold by
Long James W and Long Anne L
Bought by
Bradley Maryjane G
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 |
|---|---|---|---|
| Cherwien David Mark | $195,000 | Legacy Title | |
| Owen Lois J | -- | Attorney | |
| Owen Lois | $174,000 | All American Title Company | |
| Bradley Maryjane G | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherwien David Mark | $90,412 | |
| Previous Owner | Owen Lois | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $193,500 | -2.8% | $198 / Sq Ft |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $199,000 | 0.0% | $203 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | For Sale | $199,000 | 0.0% | $203 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | Price Changed | $199,000 | -6.1% | $203 / Sq Ft |
| 02/27/2024 02/27/24 | For Sale | $212,000 | +9.6% | $217 / Sq Ft |
| 02/19/2024 02/19/24 | Off Market | $193,500 | -- | -- |
| 01/26/2024 01/26/24 | For Sale | $212,000 | -- | $217 / 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 | $6,450 | $162,000 | $18,000 | $144,000 |
| 2023 | $6,315 | $162,000 | $17,000 | $145,000 |
| 2022 | $6,910 | $182,000 | $15,000 | $167,000 |
| 2021 | $2,361 | $194,000 | $14,000 | $180,000 |
| 2020 | $2,238 | $193,000 | $11,700 | $181,300 |
| 2019 | $2,203 | $172,500 | $7,800 | $164,700 |
| 2018 | $2,032 | $166,000 | $7,800 | $158,200 |
| 2017 | $2,218 | $163,000 | $7,800 | $155,200 |
| 2016 | $2,147 | $154,500 | $7,800 | $146,700 |
| 2015 | $2,202 | $151,500 | $7,800 | $143,700 |
| 2014 | -- | $133,000 | $7,800 | $125,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Owen
-
Christine Hazel
Buyer's Agent in 2024
Christine Hazel
Coldwell Banker Burnet
(612) 963-6229
1 in this area
81 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6481881
APN: 27-029-24-33-0406
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