$118,500
SOLD FEB 26, 2025

400 Groveland Ave Unit 710 Minneapolis, MN 55403

Loring Park Neighborhood
1 Bed
1 Bath
754 Sq Ft
$483/mo HOA Fee

Recently Sold

$157 Per Sq Ft

17% Below List Price

35 Days on Market

Highlights

  • City View
  • Elevator
  • 1-Story Property
  • Community Pool
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

This is your perfect city home with views of Loring Park and Downtown from your large private balcony. Summit House features two rooftop pools with some of the most incredible city views. Additional amenities include on site fitness center, community room, and 24-hour security staff + video surveillance. HOA dues include all utilities along with cable and internet – not something you see often in the Minneapolis Condo Market. The unit comes with your own assigned heated garage spot which means no city street parking during the winter. Kitchen was updated in 2019 with new stainless-steel appliances and the patio door was replaced in 2021. Just about everything you could want to do in the city is nearby. You won’t want to leave here this Summer with the pool and your balcony to enjoy the sun! Come see for yourself – schedule you own private tour today!

Last Agent to Sell the Property

Zach Olson

DRG

Co-Listed By

Michael Dilks

DRG

Last Buyer's Agent

Hannah Lane

Verve Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

HOA Fees

  • $483 Monthly HOA Fees

Parking

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

Interior Spaces

  • 754 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924330223

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, electricity, gas, heating, internet, parking, professional mgmt, recreation facility, trash, security, shared amenities
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0222 Summit House A Condo Subdivision

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

HOA Fees

$483 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
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 754
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 754
  • Basement YN: No
  • Dining Room Type: Family Room, Dining Room, Kitchen, Bathroom, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Outdoor Pool, Shared
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Paved, More Parking Offsite for Fee, Secured, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Electricity, Gas, Heating, Internet, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities
  • Phone: 952-277-2700
  • Association Fee: 483
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,Exercise Room,Hardwood Floors,Panoramic View

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: Irregular
  • Lot Size Sq Ft: 87860.52
  • Land Lease: No
  • Additional Parcels: No
  • 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: 2702924330223
  • Tax Annual Amount: 3884
  • TaxWithAssessments: 3883.5200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $118,500 -16.8% $157 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $142,500 +1.8% $189 / Sq Ft
11/15/2019 11/15/19 Sold $140,000 0.0% $187 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $140,000 -- $187 / Sq Ft
Source: NorthstarMLS

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 $3,884 $101,000 $12,000 $89,000
2022 $4,305 $115,000 $11,000 $104,000
2021 $1,328 $125,000 $10,000 $115,000
2020 $1,238 $121,500 $8,100 $113,400
2019 $1,214 $108,500 $5,400 $103,100
2018 $1,099 $104,500 $5,400 $99,100
2017 $1,214 $102,500 $5,400 $97,100
2016 $1,170 $97,500 $5,400 $92,100
2015 $1,185 $95,000 $5,400 $89,600
2014 -- $83,500 $5,400 $78,100
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,800 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $118,500 Titlenexus
Deed $140,000 None Available
Warranty Deed $61,900 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6643340

NorthstarMLS

APN: 27-029-24-33-0223