NOT LISTED FOR SALE

400 Groveland Ave Unit 907 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $191,513 - $247,000

2 Beds
1.5 Baths
1,088 Sq Ft
$620/mo HOA Fee

Last Sold November 09, 2023

Last sale price $240,000 $221 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,002/month

59 Days on Market

Highlights

  • Heated Pool
  • 2 Car Attached Garage
  • Living Room
  • City View
  • Side Porch
  • Entrance Foyer

About This Home

As of November 2023

Nestled in Loring Park, this updated Summit House condo, with two dedicated garage parking spots, offers the ultimate urban living experience. Natural light dances through the room, highlighting the modern fixtures, inviting ambiance and updated Kahrs Wood Flooring. Your private balcony offers a picturesque skyline backdrop. Butcher block countertops provide ample counter space. The pantry storage system ensures organization is effortless. Enjoy access to not one, but two rooftop pools - a perfect oasis for relaxation and entertainment. Well-equipped workout room and 24-hour concierge. Plus, additional storage units! Many in-unit updates including modern lighting fixtures, elegant bathroom faucets, UV window protection, ensuring both style and practicality. From 2019 to 2021 Summit House completed a $21 million restoration. This included in-unit fan coil, structural repairs to the roof and parking garages, and other infrastructure improvements. Your urban sanctuary awaits!

Last Agent to Sell the Property

Nicoli Holm

Keller Williams Realty Integrity Listed on: 08/22/2023

Keller Williams Realty Integrity

Co-Listed By

Jennifer Hirschi

Keller Williams Realty Integrity

Last Buyer's Agent

Mary Pat Nydahl

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Heated Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Boiler Heating System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Side Porch
  • Few Trees

Community Details

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 871-6110
  • High-Rise Condominium
  • Condo 0222 Summit House A Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2702924330248

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,405

Year Built

Built in 1968

Lot Details

0

HOA Fees

$620 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
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1088
  • 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, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1088
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room, Dining Room, Foyer

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Heated, Outdoor Pool
  • Neighborhood: Loring Park
  • PatioPorchType: Side Porch

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Guest Parking, Heated Garage, Secured, Underground

Utilities

  • Heating: Boiler
  • 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, Electricity, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-871-6110
  • Association Fee: 620
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),City View,Ethernet Wired,Hardwood Floors,Intercom System,Local Area Network,Main Floor Primary Bedroom,Tile Floors

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
  • Land Lease: No
  • Lot Features: Some Trees
  • 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: 2023
  • Assessor Parcel Number: 2702924330248
  • Tax Annual Amount: 2405
  • TaxWithAssessments: 7063.8000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 6, 2023
Sold by
Sara Andrew W and Sara Denker
Bought by
Allinder Elizabeth
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Mary Pat Nydahl
Edina Realty, Inc.
List Price
$240,000
Sold Price
$240,000
Views
77
Current Estimated Value
$221,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,622
Avg. Annual Appreciation
-4.04%
Original Mortgage
$145,000
Outstanding Balance
$142,466
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$78,912

Purchase Details

Closed on
Nov 7, 2018
Sold by
Denker Andrew and Denker Sara D
Bought by
Denker Andrew W and Sara Denker Piepgras Revocable Living Tr

Purchase Details

Closed on
Aug 15, 2003
Sold by
Whelan John and Whelan Kathryn
Bought by
Piepgras Sara D and Denker Andrew

Purchase Details

Closed on
Feb 8, 2001
Sold by
Schiffner Roger W
Bought by
Staehle John A

Purchase Details

Closed on
Sep 18, 1998
Sold by
Hagevik Bruce C and Hagevik Marvette J
Bought by
Schiffner Roger W
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 Buyer Sale Price Title Company
Allinder Elizabeth $240,000 None Listed On Document
Denker Andrew W -- None Available
Piepgras Sara D $179,000 --
Staehle John A $160,000 --
Schiffner Roger W $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allinder Elizabeth $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $240,000 0.0% $221 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $240,000 -- $221 / 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 $7,026 $185,000 $20,000 $165,000
2023 $6,846 $185,000 $19,000 $166,000
2022 $7,310 $199,000 $17,000 $182,000
2021 $2,686 $207,000 $16,000 $191,000
2020 $2,551 $215,500 $15,600 $199,900
2019 $2,508 $192,500 $10,900 $181,600
2018 $2,323 $185,000 $10,900 $174,100
2017 $2,326 $169,500 $10,900 $158,600
2016 $2,353 $166,500 $8,700 $157,800
2015 $2,174 $150,000 $8,700 $141,300
2014 -- $131,500 $8,700 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6421924

NorthstarMLS

APN: 27-029-24-33-0248