NOT LISTED FOR SALE

400 Groveland Ave Unit 2112 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $290,000 - $339,000

3 Beds
2 Baths
1,768 Sq Ft
$823/mo HOA Fee

Last Sold March 06, 2023

Last sale price $280,000 $158 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,860/month

Highlights

  • In Ground Pool
  • Elevator
  • Walk-In Closet
  • Home fronts a pond
  • Porch
  • Patio

About This Home

As of March 2023

Enjoy all that Minneapolis has to offer, sunsets, and many spectacular views from the two balconies on the 21st floor of Summit House – Loring Park and pond views, the Basilica, downtown Mpls, and downtown St. Paul. Two parking spaces in the underground heated garage. Original wood parquet floors throughout including under carpeted bedrooms, and well laid out combination of two units makes this a rare find. Comparable units with this floor plan have sold in the $ 485K range. Large living room adjoins dining room - could be opened to the kitchen. Off of the living space is the hallway with three bedrooms and two baths. Primary bedroom has bath ensuite with laundry, plus large walk-in closet. Two other nice sized bedrooms off the hallway used for TV Room and as office/guest room. Ample closet and storage space. Same owner for 32 years. You could make your mark slowly or quickly updating kitchen, and bathrooms. Total HOA plus taxes in 2021: $ 1715/mo. In 2022: $1801/mo.

Last Agent to Sell the Property

Linda Alter

Coldwell Banker Realty Listed on: 08/17/2022

Coldwell Banker Realty

Last Buyer's Agent

David Hitchcock

Pro Flat Fee Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

Lot Details

  • Home fronts a pond
  • Additional Parcels

HOA Fees

  • $823 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2702924330414

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 (952) 277-2700
  • High-Rise Condominium
  • Condo 0222 Summit House A Cond Subdivision
  • Car Wash Area

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

HOA Fees

$823 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1768
  • Water Body Name: Loring
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1768
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Porch, Foyer, Walk In Closet
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat, Tar/Gravel
  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • View: City Lights, Lake, Panoramic
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Loring Park
  • Lake Acres: 6
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Shared Garage/Stall, Storage, Underground
  • Garage Square Feet: 500

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • 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: 952-277-2700
  • Association Fee: 823
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels Description: 2702924330480,2702924330548
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924330414
  • Tax Annual Amount: 11734
  • TaxWithAssessments: 11734.1600

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Shirley J Larson Family Trust and Wright Kevin
Bought by
Sara Melisse Larson Trust and Robert L Larson Revocable Trust
Current Estimated Value
$323,251

Purchase Details

Listed on
Aug 17, 2022
Closed on
Mar 6, 2023
Sold by
Jaffee Roslyn
Bought by
Shirley J Larson Family Trust
Seller's Agent
Linda Alter
Coldwell Banker Realty
Buyer's Agent
David Hitchcock
Pro Flat Fee Realty LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Aug 17, 2022
Closed on
Mar 1, 2023
Sold by
Jaffee Roslyn Kirsner
Bought by
Shirley J Larson Family Trust
Seller's Agent
Linda Alter
Coldwell Banker Realty
Buyer's Agent
David Hitchcock
Pro Flat Fee Realty LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
58
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
Sara Melisse Larson Trust $500 None Listed On Document
Sara Melisse Larson Trust $500 None Listed On Document
Shirley J Larson Family Trust $280,000 --
Shirley J Larson Family Trust $280,000 Rg Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $280,000 +1.8% $158 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $275,000 -- $156 / 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 $11,837 $287,000 $33,000 $254,000
2023 $11,210 $287,000 $30,000 $257,000
2022 $11,734 $307,000 $28,000 $279,000
2021 $4,326 $307,000 $25,000 $282,000
2020 $4,137 $328,000 $21,300 $306,700
2019 $4,049 $293,000 $14,200 $278,800
2018 $3,771 $281,500 $14,200 $267,300
2017 $4,100 $277,000 $14,200 $262,800
2016 $3,996 $263,000 $14,200 $248,800
2015 $4,089 $257,000 $14,200 $242,800
2014 -- $226,000 $14,200 $211,800
Source: Public Records

Agents Affiliated with this Home

  • Linda Alter

    Seller's Agent in 2023

    Linda Alter

    Coldwell Banker Burnet

    (651) 248-6060

    1 in this area

    164 Total Sales

    Linda Alter
    Section Image
  • David Hitchcock

    Buyer's Agent in 2023

    David Hitchcock

    Pro Flat Fee Realty LLC

    (763) 257-9245

    1 in this area

    272 Total Sales

    David Hitchcock
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6250717

NorthstarMLS

APN: 27-029-24-33-0414

Minnesota Hennepin County Minneapolis 55403 Loring Park

400 Groveland Ave Unit 2112, Minneapolis, MN

This home is located at 400 Groveland Ave Unit 2112, Minneapolis, MN 55403 since 17 August 2022 and is currently estimated at $323,251, approximately $182 per square foot. This property was built in 1968. 400 Groveland Ave Unit 2112 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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