NOT LISTED FOR SALE

Groveland Terrace 50 Groveland Terrace Unit 305 Minneapolis, MN 55403

Lowry Hill Neighborhood

Estimated Value: $170,000 - $190,000

1 Bed
1 Bath
773 Sq Ft
$758/mo HOA Fee

Last Sold July 26, 2023

Last sale price $180,000 $233 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,919/month

55 Days on Market

Highlights

  • Heated In Ground Pool
  • 90,605 Sq Ft lot
  • Main Floor Primary Bedroom
  • City View
  • Deck
  • 2-minute walk to Minneapolis Sculpture Garden

About This Home

As of July 2023

Tastefully updated top floor condo with breathtaking views of the downtown Minneapolis skyline. Enjoy Minneapolis all year round being just steps from the Walker, Sculpture Garden, and Loring Park! One bedroom well-appointed unit, with wood floors, stone counters, stainless appliances and in-unit laundry! Enjoy your morning coffee from your balcony while you enjoy the views of downtown! Large open spaces with the living room/dining room combo. Eat in kitchen with a great amount of storage. 1 underground, heated parking and storage unit included. Many top notch amenities comes with this building including fitness center, community room, sauna, courtyard with downtown views along with grills, bonfire pits, and a fabulous outdoor pool! This unit is must see!

Last Agent to Sell the Property

Siobhan George

Edina Realty, Inc. Listed on: 05/12/2023

Edina Realty, Inc.

Last Buyer's Agent

Melissa Mound

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1966

Lot Details

  • 2.08

HOA Fees

  • $758 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 773 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Deck

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2802924410838

Community Details

Overview

  • Association fees include maintenance structure, cable TV, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Services Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Cic 1447 Groveland Terrace Condo Subdivision

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,152

Year Built

Built in 1966

Lot Details

0

HOA Fees

$758 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 773
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 773
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Dining Room, Kitchen, Living Room, Bedroom 1, Deck
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Neighborhood: Lowry Hill

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 758
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Main Floor Primary Bedroom

Association/Amenities

  • HOA Management Co: First Services 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
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2802924410838
  • Tax Annual Amount: 2152
  • TaxWithAssessments: 2152.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2018
Sold by
Richardson Martin and Richardson Jenna
Bought by
Winberg Joan Teresa
Current Estimated Value
$181,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Winters Brian M
Bought by
Richardson Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Groveland Terrace Condominiums Llc
Bought by
Winters Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,911
Interest Rate
5%
Mortgage Type
FHA
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
Winberg Joan Teresa $190,000 Watermark Title Agency
Richardson Martin $169,000 Titlenexus Llc
Winters Brian M $184,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heying Emily K $153,000
Closed Windberg Joan Teresa $151,500
Closed Winberg Joan Teresa $152,000
Previous Owner Richardson Martin $135,200
Previous Owner Winters Brian M $175,162
Previous Owner Winters Brian M $180,911
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $180,000 0.0% $233 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $180,000 -5.3% $233 / Sq Ft
05/12/2023 05/12/23 For Sale $190,000 -- $246 / 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 $2,035 $174,000 $12,000 $162,000
2022 $2,236 $181,000 $12,000 $169,000
2021 $1,924 $179,000 $9,000 $170,000
2020 $2,367 $162,500 $17,800 $144,700
2019 $2,442 $180,500 $17,800 $162,700
2018 $2,257 $180,500 $17,800 $162,700
2017 $2,019 $150,500 $17,800 $132,700
2016 $1,966 $143,500 $17,800 $125,700
2015 -- $136,000 $17,800 $118,200
2014 -- $128,500 $17,800 $110,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Siobhan George

    Edina Realty, Inc.

    (651) 272-7269

    1 in this area

    62 Total Sales

    Siobhan George
    Section Image
  • Melissa Mound

    Buyer's Agent in 2023

    Melissa Mound

    Edina Realty, Inc.

    (612) 462-9552

    1 in this area

    98 Total Sales

    Melissa Mound
    Section Image
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About Groveland Terrace

Map

Source: NorthstarMLS

MLS Number: 6360975

NorthstarMLS

APN: 28-029-24-41-0838

Minnesota Hennepin County Minneapolis 55403 Lowry Hill

50 Groveland Terrace Unit 305, Minneapolis, MN

This home is located at 50 Groveland Terrace Unit 305, Minneapolis, MN 55403 since 12 May 2023 and is currently estimated at $181,829, approximately $235 per square foot. This property was built in 1966. 50 Groveland Terrace Unit 305 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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