Seller's Agent in 2023
Joshua Sparber
Coldwell Banker Burnet
(612) 250-8700
1 in this area
49 Total Sales
400 Groveland Ave Unit 808 Minneapolis, MN 55403
Loring Park NeighborhoodEstimated Value: $128,000 - $151,000
1
Bed
1
Bath
739
Sq Ft
$482/mo
HOA Fee
Highlights
- 24-Hour Guard
- Elevator
- Living Room
- Outdoor Pool
- Breakfast Bar
- 1-Story Property
About This Home
As of June 2023Summit House Fabulously Upgraded Large 1 Bedroom with a south facing balcony . Unit features an open concept pass through from bedroom to living room. Natural Stone tile in the kitchen, hall and bathroom. Luxurious kitchen with maple cabinets stainless appliances and granite counters. Building features 24 hour on site guard and emergency maintenance people, Two roof top pools, gym and community room. #175 Lobby level main garage parking spot and storage locker are owned and have a separate PID#. The HIA TAX assessment balance is amortized through 2041 as an increase to the annual taxes. Summit House provides all utilities included in the HOA. (24 hour on site staff, Elec, Cable, Heat, Water,Trash,Internet. all included in the monthly HOA payment )
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-250-8700 Listed on: 05/03/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,762
Year Built
- Built in 1968
Lot Details
- 2.02
HOA Fees
- $482 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
Interior Spaces
- 739 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Outdoor Pool
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2702924330235
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 Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Condo 0222 Summit House A Cond Subdivision
Additional Features
- Elevator
- Security
- 24-Hour Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jun 23, 2023
Sold by
Sheldon B Sparber Revocable Trust and Sparber Sheldon B
Bought by
Inserra Meghan
Seller's Agent
Joshua Sparber
Coldwell Banker Realty
Buyer's Agent
Michael Stanton
Lakes Sotheby's International Realty
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%
Views
74
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
$7,591
Avg. Annual Appreciation
2.40%
Original Mortgage
$127,300
Outstanding Balance
$124,006
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$17,585
Purchase Details
Closed on
Jan 15, 2020
Sold by
Sparber Sheldon B
Bought by
The Sheldon B Sparber Revocable Trust
Purchase Details
Closed on
Aug 27, 2019
Sold by
Chestnut Tyler
Bought by
Sparber Sheldon B
Purchase Details
Closed on
Apr 23, 2015
Sold by
Krueger Ryan J
Bought by
Chestnut Tyler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,705
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2005
Sold by
Solvie Jerome O
Bought by
Krueger Ryan U
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 |
|---|---|---|---|
| Inserra Meghan | $134,000 | Burnet Title | |
| The Sheldon B Sparber Revocable Trust | -- | None Available | |
| Sparber Sheldon B | $148,000 | Edina Realty Title Inc | |
| Chestnut Tyler | $127,452 | Titlenexus Llc | |
| Krueger Ryan U | $139,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inserra Meghan | $127,300 | |
| Previous Owner | Chestnut Tyler | $114,705 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $134,000 | -3.6% | $181 / Sq Ft |
| 06/21/2023 06/21/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $139,000 | -- | $188 / 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 | $4,342 | $111,000 | $14,000 | $97,000 |
| 2023 | $4,307 | $111,000 | $13,000 | $98,000 |
| 2022 | $4,983 | $131,000 | $12,000 | $119,000 |
| 2021 | $2,127 | $131,200 | $11,000 | $120,200 |
| 2020 | $1,762 | $159,000 | $8,900 | $150,100 |
| 2019 | $1,727 | $142,000 | $5,900 | $136,100 |
| 2018 | $1,585 | $136,500 | $5,900 | $130,600 |
| 2017 | $1,737 | $134,000 | $5,900 | $128,100 |
| 2016 | $1,684 | $127,500 | $5,900 | $121,600 |
| 2015 | $1,745 | $104,500 | $5,900 | $98,600 |
| 2014 | -- | $91,500 | $5,900 | $85,600 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Sparber
-
Michael Stanton
Buyer's Agent in 2023
Michael Stanton
Lakes Sotheby's International Realty
(651) 206-9748
1 in this area
71 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6364204
APN: 27-029-24-33-0235
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