$129,500
SOLD JAN 31, 2025

400 Groveland Ave Unit 311 Minneapolis, MN 55403

Loring Park Neighborhood
2 Beds
1.5 Baths
978 Sq Ft
$609/mo HOA Fee

Recently Sold

$132 Per Sq Ft

29% Below List Price

192 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Elevator
  • 87,861 Sq Ft lot
  • Community Center
  • 1 Car Attached Garage

About This Home

As of January 2025

Move in ready condo with updated flooring, fresh paint, stove and microwave. Two bedrooms and 1.5 bathrooms with a living room, dining room, and a kitchen. Nice balcony and 1 assigned heating parking spot #331, and storage locker #465. Summit House features 24-hour security staff, 2 roof top pools, cabana room and community room (410 building) and fitness area. HOA dues include all utilities and cable/internet.

Last Agent to Sell the Property

Garth Johnson

The Realty House Listed on: 07/09/2024

Co-Listed By

Steve Elmquist

The Realty House

Last Buyer's Agent

Lavita Kennedy

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1968

HOA Fees

  • $609 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924330168

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
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0222 Summit House A Condo Subdivision

Amenities

  • Community Center
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,706

Year Built

Built in 1968

Lot Details

0

HOA Fees

$609 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, Laundry, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 978
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 978
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Community Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Neighborhood: Loring Park
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Heated Garage, Underground

Utilities

  • Heating: Forced Air, Other
  • Sewer: City Sewer/Connected
  • 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
  • Phone: 952-277-2700
  • Association Fee: 609
  • Association: Yes
  • Amenities Unit: Balcony,Cable

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

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924330168
  • Tax Annual Amount: 1706
  • TaxWithAssessments: 6158.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Jan 30, 2025
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Brown Anne and Brown Gregory
Seller's Agent
Garth Johnson
The Realty House
Buyer's Agent
Lavita Kennedy
eXp Realty
List Price
$183,000
Sold Price
$129,500
Premium/Discount to List
-$53,500
-29.23%
Views
157
Current Estimated Value
$141,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,117
Avg. Annual Appreciation
14.51%

Purchase Details

Closed on
Jun 4, 2024
Sold by
Pennymac Loan Services Llc
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Oct 24, 2023
Sold by
Dulac Kristen
Bought by
Pennymac Loan Services Llc
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed -- Lawyers Title
Special Warranty Deed -- None Listed On Document
Sheriffs Deed $135,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $129,500 -4.0% $132 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $134,900 -6.9% $138 / Sq Ft
11/20/2024 11/20/24 Price Changed $144,900 -6.5% $148 / Sq Ft
10/17/2024 10/17/24 Price Changed $155,000 -4.3% $158 / Sq Ft
09/18/2024 09/18/24 Price Changed $162,000 -4.6% $166 / Sq Ft
08/13/2024 08/13/24 Price Changed $169,900 -7.2% $174 / Sq Ft
07/09/2024 07/09/24 For Sale $183,000 -- $187 / 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 $6,270 $152,000 $18,000 $134,000
2023 $6,158 $152,000 $17,000 $135,000
2022 $7,013 $186,000 $15,000 $171,000
2021 $2,404 $202,000 $14,000 $188,000
2020 $2,231 $197,000 $11,000 $186,000
2019 $2,198 $173,000 $7,300 $165,700
2018 $2,029 $166,500 $7,300 $159,200
2017 $2,216 $163,500 $7,300 $156,200
2016 $2,154 $155,500 $7,300 $148,200
2015 $2,204 $152,000 $7,300 $144,700
2014 -- $133,500 $7,300 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6560944

NorthstarMLS

APN: 27-029-24-33-0168