NOT LISTED FOR SALE

410 Groveland Ave Unit 1501 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $180,000 - $221,000

2 Beds
1 Bath
932 Sq Ft
$460/mo HOA Fee

Last Sold January 30, 2023

Last sale price $290,000 $311 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $2,012/month

Highlights

  • City View
  • 1 Car Attached Garage
  • 1-Story Property
  • Elevator
  • Parking Storage or Cabinetry
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

This Luxury Summit House condo is like no other. Completely remodeled from wall-to-wall and floor-to-ceiling utilizing only the finest of materials and products resulting in the highest of luxury loft living. Commercial luxury vinyl plank w/ herringbone wood installation. Modern LED fixtures w/ Lutrondimmers. Kitchen island, bathroom and bedroom dressed in hand-selected walnut. Beautiful book-matched quartzite island top with Thermidor, Miele and Bosch appls! Thoughtfully designed for efficient living,w/ drawer microwave and appliance “garage”. The exposed loft style ductwork is backlit to provide easy ambient light. The bedroom door is presented as framed artwork and slides cleanly over the doorway whenprivacy is desired. Custom bed, built-to-fit, at the proper height for a view of the Basilica and the motion of I-94. Every detail was attended to in the bathroom complete w/ double vanity and luxurious finishes. 15th story views provides a sunny view from sunrise to sunset!

Last Agent to Sell the Property

Nicoli Holm

Keller Williams Realty Integrity Listed on: 10/13/2022

Keller Williams Realty Integrity

Co-Listed By

Jennifer Hirschi

Keller Williams Realty Integrity

Last Buyer's Agent

Jim Camarata

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1968

Lot Details

  • 2.02

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2702924330326

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,621

Year Built

Built in 1968

Lot Details

0

HOA Fees

$460 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, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 932
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Living Area: 932
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Secured, Storage, Underground
  • Garage Square Feet: 100

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric

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, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-871-6110
  • Association Fee: 460
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,Exercise Room,Kitchen Center Island,Main Floor Primary Bedroom,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • 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: 2022
  • Assessor Parcel Number: 2702924330326
  • Tax Annual Amount: 2621
  • TaxWithAssessments: 6612.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 30, 2023
Sold by
Mccullough Brent and Mccullough Lee
Bought by
Weimer Nathaniel
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Jim Camarata
Keller Williams Premier Realty Lake Minnetonka
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
36
Current Estimated Value
$196,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,641
Avg. Annual Appreciation
-15.41%
Original Mortgage
$261,000
Outstanding Balance
$253,683
Interest Rate
6.13%
Estimated Equity
-$64,445

Purchase Details

Closed on
Dec 15, 2017
Sold by
Lee Laurence and Lee Anna
Bought by
Mcullough Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2008
Sold by
Nelson Eric J
Bought by
Lee Anna and Lee Laurence

Purchase Details

Closed on
Jun 1, 2004
Sold by
Heller Bonnie L
Bought by
Nelson Eric J
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
Weimer Nathaniel $290,000 --
Mcullough Brent $163,000 None Available
Lee Anna $163,600 --
Nelson Eric J $167,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weimer Nathaniel $261,000
Previous Owner Mcullough Brent $163,000
Previous Owner Lee Laurence $112,000
Previous Owner Lee Laurence $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $290,000 -3.3% $311 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $300,000 -- $322 / 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
2023 $5,783 $158,000 $16,000 $142,000
2022 $6,612 $190,000 $15,000 $175,000
2021 $2,578 $206,000 $13,000 $193,000
2020 $2,254 $209,000 $11,300 $197,700
2019 $2,232 $155,500 $7,500 $148,000
2018 $2,096 $149,500 $7,500 $142,000
2017 $2,263 $147,000 $7,500 $139,500
2016 $2,219 $139,500 $7,500 $132,000
2015 $2,279 $136,500 $7,500 $129,000
2014 -- $120,000 $7,500 $112,500
Source: Public Records

Agents Affiliated with this Home

  • Nicoli Holm

    Seller's Agent in 2023

    Nicoli Holm

    Keller Williams Realty Integrity

    (612) 286-6813

    14 in this area

    297 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Hirschi

    Keller Williams Realty Integrity

    5 in this area

    6 Total Sales

    Section Image
  • Jim Camarata

    Buyer's Agent in 2023

    Jim Camarata

    Keller Williams Premier Realty Lake Minnetonka

    (612) 562-7461

    1 in this area

    43 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6265280

NorthstarMLS

APN: 27-029-24-33-0326

Minnesota Hennepin County Minneapolis 55403 Loring Park

410 Groveland Ave Unit 1501, Minneapolis, MN

This home is located at 410 Groveland Ave Unit 1501, Minneapolis, MN 55403 since 13 October 2022 and is currently estimated at $196,359, approximately $210 per square foot. This property was built in 1968. 410 Groveland Ave Unit 1501 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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