NOT LISTED FOR SALE

52 Groveland Terrace Unit A214 Minneapolis, MN 55403

Lowry Hill Neighborhood

Estimated Value: $230,788 - $282,000

2 Beds
2 Baths
1,072 Sq Ft
$707/mo HOA Fee

Last Sold April 23, 2024

Last sale price $260,000 $243 Per Sq Ft

Current estimated payment $2,309/month

22 Days on Market

Highlights

  • Heated Pool
  • Elevator
  • Patio
  • Sauna
  • Stainless Steel Appliances
  • 2-minute walk to Minneapolis Sculpture Garden

About This Home

As of April 2024

The best of the urban life! Well maintained condo and common areas conveniently located in Lowry Hill by the Walker Art Center and Sculpture Garden, with Downtown, Uptown, Loring Park and Lake of the Isle nearby. The fabulous common spaces include a spectacular view of the Minneapolis skyline, swimming pool, patios, grills, community room off the pool area, fitness center and sauna. The unit is well appointed with updated kitchen and bathrooms. Primary bedroom features a ensuite bathroom. In unit laundry and a mud room for extra storage. Enjoy summer nights on your private balcony with a view of the Basilica. Pets are welcome. Heated underground garage space and storage unit included. HOA includes high speed internet, cable, one parking space and all utilities except electricity.

Last Agent to Sell the Property

Lauren Peters

RE/MAX Preferred Listed on: 03/05/2024

RE/MAX Preferred

Last Buyer's Agent

Jeff Garthwait

Orono Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1966

Lot Details

  • Additional Parcels

HOA Fees

  • $707 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room Floor Drain
  • Sauna

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 2802924410584

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Residential Association, Phone Number (612) 353-4648
  • High-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

$2,859

Year Built

Built in 1966

Lot Details

0

HOA Fees

$707 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Sauna, Security, Security Lighting
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1072
  • 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, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1072
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Mud Room
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Heated, Outdoor Pool, Shared
  • Neighborhood: Lowry Hill

Garage/Parking

  • Parking Features: Assigned, Covered, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Storage

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-353-4648
  • Association Fee: 707
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels Description: 2802924410680
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2802924410584
  • Tax Annual Amount: 2859
  • TaxWithAssessments: 2858.5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 23, 2024
Sold by
Paurus Randolph M and Paurus Karen L
Bought by
Olson Grant
Seller's Agent
Lauren Peters
RE/MAX Preferred
Buyer's Agent
Jeff Garthwait
Orono Realty Inc
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
29
Current Estimated Value
$259,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$553
Avg. Annual Appreciation
-0.15%
Original Mortgage
$185,000
Outstanding Balance
$182,162
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$77,285

Purchase Details

Closed on
Jun 25, 2010
Sold by
Groveland Terrace Condominiums Llc
Bought by
Ziebarth Pavlovich Nina
Source: Public Records

Range of Values:

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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
Olson Grant $260,000 None Listed On Document
Ziebarth Pavlovich Nina $165,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Grant $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2024 04/23/24 Sold $260,000 -5.5% $243 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $275,000 -- $257 / 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 $2,894 $212,000 $15,000 $197,000
2023 $2,859 $219,000 $16,000 $203,000
2022 $2,864 $229,000 $16,000 $213,000
2021 $2,462 $221,000 $13,000 $208,000
2020 $3,022 $201,000 $25,400 $175,600
2019 $3,337 $223,500 $25,400 $198,100
2018 $3,140 $223,500 $25,400 $198,100
2017 $3,072 $199,500 $25,400 $174,100
2016 $3,014 $189,500 $25,400 $164,100
2015 $3,006 $180,000 $25,400 $154,600
2014 -- $170,000 $25,400 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6498487

NorthstarMLS

APN: 28-029-24-41-0584