NOT LISTED FOR SALE

400 Groveland Ave Unit 2108 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $129,282 - $139,000

1 Bed
1 Bath
791 Sq Ft
$380/mo HOA Fee

Last Sold December 30, 2022

Last sale price $115,000 $145 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,239/month

50 Days on Market

Highlights

  • City View
  • Community Pool
  • Patio
  • 87,861 Sq Ft lot
  • Elevator
  • Entrance Foyer

About This Home

As of December 2022

Welcome to city living at it's best! Centrally located, this charming condo offers breathtaking 21st floor views of uptown to the south and dazzling views of downtown from the newly renovated party rooom and pool area above. Enjoy maintenance free living with a professionally managed building featuring a well appointed lobby and 24/7 staffed secure entryway. Included with this one-of-a-kind condo are: a premium parking space close to the underground parking exit, additional storage (2 units instead of one) in the parking garage, recently renovated party room and pool deck and much much more. Finally, HOA fee includes: semi-private washer and dryer on the same floor, cable and internet, underground parking, and additional storage. Come see for yourself and you will not be disappointed!

Last Buyer's Agent

Nick Arntz

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $191

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 791 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Patio
  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924330587

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, electricity, hazard insurance, heating, 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

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$191

Year Built

Built in 1968

Lot Details

0

HOA Fees

$380 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
  • Water Source: City Water - In Street
  • Association Amenities: Guard - 24 Hour, Laundry, Elevator(s), Fire Sprinkler System, Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 791
  • 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, Freezer, Range, Refrigerator
  • Living Area: 791
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Patio, Bedroom 1, Bathroom, Kitchen, Foyer, Breezeway
  • Shared Rooms: Amusement/Party Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: Shared
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Loring Park
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Parking Lot, Paved, Storage, Underground
  • Carport Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Electricity, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 380
  • Association: Yes
  • Amenities Unit: Cable,City View,Exercise Room,Patio

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: n/a
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • 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: 2022
  • Assessor Parcel Number: 2702924330587
  • Tax Annual Amount: 191
  • TaxWithAssessments: 3352.8900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Durrant Paul Thomas
Bought by
Durrant Paul Thomas and Durrant Benjamin Eli
Current Estimated Value
$132,700

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 27, 2022
Sold by
Smith Anne E
Bought by
Durrant Paul
Buyer's Agent
Nick Arntz
RE/MAX Results
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Apr 6, 2016
Sold by
Smith Anne E and Smith Chul
Bought by
Smith Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Johnson Eugene L
Bought by
Smith Williams and Smith Anne Elizabeth

Purchase Details

Closed on
Jul 8, 1997
Sold by
Olson Lars C
Bought by
Johnson Eugene L
Source: Public Records

Range of Values:

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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
Durrant Paul Thomas -- None Listed On Document
Durrant Paul $115,000 --
Smith Anne E -- Attorney
Smith Williams $148,000 --
Johnson Eugene L $70,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Anne E $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $115,000 -8.0% $145 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $125,000 -- $158 / 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 $4,770 $123,000 $13,000 $110,000
2022 $4,871 $135,000 $12,000 $123,000
2021 $1,718 $145,000 $11,000 $134,000
2020 $1,614 $149,500 $8,900 $140,600
2019 $1,587 $133,500 $5,900 $127,600
2018 $1,453 $128,500 $5,900 $122,600
2017 $1,601 $126,500 $5,900 $120,600
2016 $1,546 $120,000 $5,900 $114,100
2015 $1,578 $117,500 $5,900 $111,600
2014 -- $103,500 $5,900 $97,600
Source: Public Records

Agents Affiliated with this Home

  • Nick Arntz

    Buyer's Agent in 2022

    Nick Arntz

    RE/MAX Results

    (612) 991-0079

    2 in this area

    78 Total Sales

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Map

Source: NorthstarMLS

MLS Number: 6301304

NorthstarMLS

APN: 27-029-24-33-0411

Minnesota Hennepin County Minneapolis 55403 Loring Park

400 Groveland Ave Unit 2108, Minneapolis, MN

This home is located at 400 Groveland Ave Unit 2108, Minneapolis, MN 55403 since 27 October 2022 and is currently estimated at $133,571, approximately $168 per square foot. This property was built in 1968. 400 Groveland Ave Unit 2108 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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