$162,500
SOLD JUN 27, 2025

48 Groveland Terrace Unit B304 Minneapolis, MN 55403

Lowry Hill Neighborhood
1 Bed
1 Bath
664 Sq Ft
$771/mo HOA Fee

Recently Sold

$245 Per Sq Ft

1% Below List Price

29 Days on Market

Highlights

  • Sauna
  • Main Floor Primary Bedroom
  • Walk-In Pantry
  • Deck
  • Community Pool
  • 2-minute walk to Minneapolis Sculpture Garden

About This Home

As of June 2025

This stunning condo offers modern updates with a touch of charm in a prime location. Enjoy spacious living, a sleek kitchen, and a cozy balcony perfect for morning coffee or evening sunsets. Amenities include - outdoor pool, sauna, outdoor terrace, exercise room, community room/lounge, outdoor grills, and gas fireplaces. Nestled near the Walker Art Center and vibrant Uptown, you’ll love the mix of city energy and peaceful comfort. Don’t miss out on this gem — reach out for details or to schedule a showing!

Last Agent to Sell the Property

Ali Reda

Keller Williams Realty Integrity Lakes Listed on: 05/29/2025

Keller Williams Realty Integrity Lakes

Co-Listed By

Teum Birgani

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Benjamin Keefe

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1966

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 664 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Utility Room
  • Sauna

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2802924410643

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, 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

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,752

Year Built

Built in 1966

Lot Details

0

HOA Fees

$771 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, Hallways 42"+
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Patio, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 664
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 664
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Foyer, Pantry (Walk-In), Utility Room, Deck
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • PoolFeatures: Outdoor Pool, Shared
  • Neighborhood: Lowry Hill

Garage/Parking

  • Parking Features: Assigned, Guest Parking, Heated Garage, Secured, 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, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 771
  • Association: Yes
  • Amenities Unit: Balcony,Main Floor Primary Bedroom

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
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2802924410643
  • Tax Annual Amount: 1752
  • TaxWithAssessments: 1752.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 27, 2025
Sold by
Locco Katelyn
Bought by
Collins Karen
Seller's Agent
Ali Reda
Keller Williams Realty Integrity Lakes
Buyer's Agent
Benjamin Keefe
Edina Realty, Inc.
List Price
$164,900
Sold Price
$162,500
Premium/Discount to List
-$2,400
-1.46%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Mar 19, 2019
Sold by
Thoms Ted J
Bought by
Iocco Katelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,215
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2015
Sold by
Thoms Trenton J
Bought by
Thoms Ted J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2009
Sold by
Thorns Ted J
Bought by
Thorns Trenton 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 Type Sale Price Title Company
Warranty Deed $162,500 Legacy Title
Warranty Deed $157,900 Titlenexus Llc
Interfamily Deed Transfer -- Attorney
Contract Of Sale $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $134,215 New Conventional
Previous Owner $125,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $162,500 -1.5% $245 / Sq Ft
05/29/2025 05/29/25 For Sale $164,900 -- $248 / 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 $1,752 $154,000 $10,000 $144,000
2022 $1,936 $162,000 $10,000 $152,000
2021 $1,865 $159,000 $8,000 $151,000
2020 $2,296 $158,500 $16,100 $142,400
2019 $2,628 $176,000 $16,100 $159,900
2018 $2,471 $176,000 $16,100 $159,900
2017 $2,425 $157,500 $16,100 $141,400
2016 $2,378 $149,500 $16,100 $133,400
2015 $2,371 $142,000 $16,100 $125,900
2014 -- $134,000 $16,100 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6726531

NorthstarMLS

APN: 28-029-24-41-0643