NOT LISTED FOR SALE

52 Groveland Terrace Unit A311 Minneapolis, MN 55403

Lowry Hill Neighborhood

Estimated Value: $174,711 - $199,000

1 Bed
1 Bath
745 Sq Ft
$530/mo HOA Fee

Last Sold July 26, 2023

Last sale price $190,000 $255 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,724/month

20 Days on Market

Highlights

  • Heated Above Ground Pool
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 90,605 Sq Ft lot
  • 1-Story Property
  • 2-minute walk to Minneapolis Sculpture Garden

About This Home

As of July 2023

Looking for privacy? This home faces West and gets a lot of afternoon light. The traffic noice is much quieter than most other units that face the busy roads. Home is in wonderful condition and has its own laundry! One underground, heated parking and storage room included. Many top notch amenities comes with this building including fitness center, community room, sauna and large outdoor pool. Walk to the Walker, Sculpture Garden and Loring Park.

Last Agent to Sell the Property

Ted Field

Edina Realty, Inc. Listed on: 06/23/2023

Edina Realty, Inc.

Last Buyer's Agent

Leah Drury

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1966

Lot Details

  • 2.08

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener

Interior Spaces

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

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Heated Above Ground Pool
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 2802924410843

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, professional mgmt, trash, security, water
  • First Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,341

Year Built

Built in 1966

Lot Details

0

HOA Fees

$530 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
  • Fee Frequency: Monthly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 745
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 745
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Tuckunder Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Water
  • Phone: 952-277-2700
  • Association Fee: 530
  • Association: Yes
  • Amenities Unit: Deck,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
  • Lot Size Sq Ft: 90604.8
  • Land Lease: No
  • Additional Parcels Description: 2802924410596
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2802924410843
  • Tax Annual Amount: 2341
  • TaxWithAssessments: 2341.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 26, 2023
Sold by
Baker Judy J
Bought by
Kelly Colleen
Seller's Agent
Ted Field
Edina Realty, Inc.
Buyer's Agent
Leah Drury
Compass
List Price
$190,000
Sold Price
$190,000
Views
25
Current Estimated Value
$182,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,822
Avg. Annual Appreciation
-1.85%
Original Mortgage
$142,500
Outstanding Balance
$139,180
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$42,998
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
Kelly Colleen $190,000 Titlesmart
Kelly Colleen $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Colleen $142,500
Closed Kelly Colleen $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $190,000 0.0% $255 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/26/2023 06/26/23 Off Market $190,000 -- --
06/23/2023 06/23/23 For Sale $190,000 -- $255 / 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 $2,772 $180,000 $12,000 $168,000
2023 $2,201 $187,000 $13,000 $174,000
2022 $2,306 $196,000 $13,000 $183,000
2021 $1,985 $185,000 $10,000 $175,000
2020 $2,442 $168,000 $14,700 $153,300
2019 $2,520 $186,500 $14,700 $171,800
2018 $2,337 $186,500 $14,700 $171,800
2017 $2,265 $166,500 $14,700 $151,800
2016 $2,205 $158,500 $14,700 $143,800
2015 $1,776 $128,500 $14,700 $113,800
2014 -- $128,500 $14,700 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6384991

NorthstarMLS

APN: 28-029-24-41-0843