NOT LISTED FOR SALE

400 Groveland Ave Unit 213 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $147,339 - $175,000

2 Beds
1 Bath
969 Sq Ft
$499/mo HOA Fee

Last Sold June 29, 2023

Last sale price $147,500 $152 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,485/month

53 Days on Market

Highlights

  • 24-Hour Guard
  • City View
  • Deck
  • Outdoor Pool
  • 87,861 Sq Ft lot
  • Living Room

About This Home

As of June 2023

Welcome to Summit House Condo #213: This unit offers a bright, welcoming living space that you'll love to call home. This 2-bedroom unit features large windows that fill each room with natural light, creating a warm and inviting atmosphere. The hardwood floors have been expertly refinished and stained, adding a touch of elegance to the open layout. Enjoy meals in the informal dining room or step out onto the north-facing balcony for street views of the neighborhood. Freshly painted throughout, this move-in ready condo showcases a full bathroom, plenty of spacious closets, and ample storage options. The Summit House lifestyle includes a host of desirable amenities like the on-site exercise room or take a dip in the rooftop pool while admiring the cityscape. The building also offers community rooms for social events, laundry facilities on each floor, and 24-hr security. Includes one assigned parking space in a heated underground garage.

Last Agent to Sell the Property

Eric Schiller

Edina Realty, Inc. Listed on: 04/21/2023

Edina Realty, Inc.

Last Buyer's Agent

Mackenzie Owens

Lakes Area Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Shared Driveway
  • Guest Parking
  • Parking Fee
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

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

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2702924331107

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, 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
  • Car Wash Area

Amenities

  • Laundry Facilities
  • Lobby

Recreation

  • Community Pool

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,031

Year Built

Built in 1968

Lot Details

0

HOA Fees

$499 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/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Laundry, Elevator(s), Fire Sprinkler System, Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 969
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 969
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Outdoor Pool, Shared
  • Neighborhood: Loring Park
  • PatioPorchType: Deck,Other

Garage/Parking

  • Parking Features: Assigned, Shared Driveway, Guest Parking, Heated Garage, More Parking Onsite for Fee, Secured, Storage, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard
  • 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, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 499
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,Hardwood Floors,Main Floor Primary Bedroom,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
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2702924331107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 26, 2023
Sold by
Dixon Howard R
Bought by
Walton Aaron and Walton Nicole
Seller's Agent
Eric Schiller
Edina Realty, Inc.
Buyer's Agent
Mackenzie Owens
Lakes Area Realty
List Price
$165,000
Sold Price
$147,500
Premium/Discount to List
-$17,500
-10.61%
Views
89
Current Estimated Value
$156,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,335
Avg. Annual Appreciation
2.68%
Original Mortgage
$110,625
Outstanding Balance
$107,877
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$48,958

Purchase Details

Closed on
Jan 25, 2021
Sold by
Baumbach Ronald C and Baumbach Ann
Bought by
Dixon Howard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.65%
Mortgage Type
New Conventional
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
Walton Aaron $147,500 Edina Realty Title
Dixon Howard R $140,000 Watermark Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Aaron $110,625
Previous Owner Dixon Howard R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $147,500 -7.8% $152 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $159,900 -3.1% $165 / Sq Ft
04/21/2023 04/21/23 For Sale $165,000 -- $170 / 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 $6,031 $124,000 $23,000 $101,000
2023 $5,498 $124,000 $21,000 $103,000
2022 $5,879 $138,000 $19,000 $119,000
2021 $1,891 $144,000 $17,000 $127,000
2020 $1,739 $161,500 $13,500 $148,000
2019 $1,708 $141,500 $9,000 $132,500
2018 $1,566 $136,000 $9,000 $127,000
2017 $1,718 $133,500 $9,000 $124,500
2016 $1,656 $126,500 $9,000 $117,500
2015 $1,687 $123,500 $9,000 $114,500
2014 -- $109,000 $9,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Schiller

    Seller's Agent in 2023

    Eric Schiller

    Edina Realty, Inc.

    (651) 470-8419

    1 in this area

    33 Total Sales

    Eric Schiller
    Section Image
  • Mackenzie Owens

    Buyer's Agent in 2023

    Mackenzie Owens

    Lakes Area Realty

    (612) 232-8801

    1 in this area

    98 Total Sales

    Mackenzie Owens
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6344569

NorthstarMLS

APN: 27-029-24-33-1107

Minnesota Hennepin County Minneapolis 55403 Loring Park

400 Groveland Ave Unit 213, Minneapolis, MN

This home is located at 400 Groveland Ave Unit 213, Minneapolis, MN 55403 since 21 April 2023 and is currently estimated at $156,835, approximately $161 per square foot. This property was built in 1968. 400 Groveland Ave Unit 213 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North High School.

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