$289,000
SOLD AUG 27, 2025

48 Groveland Terrace Unit B106 Minneapolis, MN 55403

Lowry Hill Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$897/mo HOA Fee

Recently Sold

$241 Per Sq Ft

15% Below List Price

145 Days on Market

Highlights

  • 90,605 Sq Ft lot
  • Guest Parking
  • Central Air
  • Stainless Steel Appliances
  • 1-Story Property
  • 2-minute walk to Minneapolis Sculpture Garden

About This Home

As of August 2025

Welcome to this beautiful condo in the highly sought-after Groveland Terrace community. Nestled in the vibrant Lowry Hill neighborhood, offering the perfect blend of urban convenience and serene living. As you step inside, you'll be greeted by open concept living. The spacious living room flows seamlessly into the modern kitchen, complete with stainless steel appliances and granite countertops. The primary bedroom is a true spacious retreat, featuring a walk-in closet and an ensuite bathroom. The second bedroom is equally stunning, ideal for guests or home office. Step outside to the private community courtyard, where you can enjoy your morning coffee, unwind with a glass of wine as you watch the sunset complete with gas grills and fire pits or take a dip in the amazing pool overlooking the Minneapolis skyline! Plus, you'll be just steps away from the best of Minneapolis—The Sculpture Garden, Walker Art Center, and a plethora of dining and shopping options.

Last Agent to Sell the Property

Brent Reichow

Edina Realty, Inc. Listed on: 03/06/2025

Edina Realty, Inc.

Last Buyer's Agent

Michelle Phillips

Keller Williams Select Realty

Keller Williams Select Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1966

HOA Fees

  • $897 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Guest Parking

Home Design

  • Flex

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, parking, professional mgmt, recreation facility, trash, security, sewer, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1447 Groveland Terrace Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2802924410620

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,971

Year Built

Built in 1966

Lot Details

0

HOA Fees

$897 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, No Stairs Internal
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1200
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Flex Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Lowry Hill

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 897
  • Association: Yes
  • Amenities Unit: Exercise Room,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Security System,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: 90604.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2802924410620
  • Tax Annual Amount: 3971
  • TaxWithAssessments: 4108.2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Aug 27, 2025
Sold by
Radke Phillip
Bought by
Oshaughnessy Bonnie
Seller's Agent
Brent Reichow
Edina Realty, Inc.
Buyer's Agent
Michelle Phillips
Keller Williams Select Realty
List Price
$339,900
Sold Price
$289,000
Premium/Discount to List
-$50,900
-14.97%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.58%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Radke Brittany Brittany
Bought by
Radke Phillip Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.2%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Groveland Terrace Condominiums Llc
Bought by
Radke Brittany
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
Warranty Deed $289,000 Edina Realty Title
Deed $230,000 --
Warranty Deed $217,675 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $251,250 New Conventional
Previous Owner $184,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $289,000 -3.7% $241 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $300,000 -6.2% $250 / Sq Ft
04/10/2025 04/10/25 Price Changed $319,900 -5.9% $267 / Sq Ft
03/06/2025 03/06/25 For Sale $339,900 -- $283 / 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 $3,576 $274,000 $18,000 $256,000
2022 $3,687 $285,000 $18,000 $267,000
2021 $3,089 $266,000 $14,000 $252,000
2020 $3,768 $242,000 $28,100 $213,900
2019 $3,883 $269,000 $28,100 $240,900
2018 $3,621 $269,000 $28,100 $240,900
2017 $3,530 $240,500 $28,100 $212,400
2016 $3,442 $228,500 $28,100 $200,400
2015 $3,398 $216,500 $28,100 $188,400
2014 -- $205,000 $28,100 $176,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6678776

NorthstarMLS

APN: 28-029-24-41-0620