5 months on rocket

400 Groveland Ave Unit 710, Minneapolis, MN, 55403

$142,499

Home List Price

$1,692*

Closing Credit

1 Bedroom
1 Full Bath
754 SqFt
$189/SqFt
Condo

Location

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400 Groveland Ave Unit 710, Minneapolis$142,499

Buyer Closing Credits

$1,692*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Heated Garage, Paved, More Parking Offsite for Fee, Secured, Underground
Garage1 space
Year Built1968
HeatingForced Air
CoolingCentral Air
MLS #6507052
StatusActive

About 400 Groveland Ave Unit 710

Enjoy amazing views of downtown Minneapolis from this 7th floor one bedroom, one bath condominium at the Summit House in the Loring Park neighborhood. Large bedroom and living room, parquet wood floors throughout, and a private west facing patio for viewing the beautiful sunsets. Updated kitchen and stainless steel appliances in 2019. New patio door in 2021. Heated and secure indoor parking (spot 170). Budget Conscious?? The all inclusive HOA provides for all the utilities (water/sewer, heating, cooling, cable, internet, trash/recycling, electric, etc). Compare to your rent and utilities you pay. Enjoy the enhanced security of 24 hour front desk coverage and video surveillance. Off street guest parking. Shared amenities include 2 roof top pools, pool cabana, community room, and exercise room. Located minutes from the Walker Art Center, Loring Park, and all things Minneapolis has to offer. USA Today ranked Loring Park as the #10 Urban park in the United States. Minneapolis was recently named the Happiest City in US.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Living Area: 754 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Heated Garage, Paved, More Parking Offsite for Fee, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 94 to Lyndale Ave. South to Groveland Avenue, west to property. Summit House Condominiums. 400 Groveland Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $142,499
  • Price Per SqFt: $189/SqFt

HOA Fees:

  • Amount: $432
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

400 Groveland Ave Unit 710 vs Minneapolis

157 DAYS ON ROCKET

+123 Days

$142,499

-$207.3K Less

$189/SqFt

-$13 Less

KEY TAKEAWAY

This property is $207.3K less than the Median Sold Price and $13/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6507052

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/21/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,211

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$494

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-391720
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.27 miles

  • Public Magnet Grades PK-5

school-card-donut-391721
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.76 miles

  • Public Charter Grades KG-5

school-card-donut-391722
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.79 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,627. Most Minneapolis, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Groveland Ave Unit 710

What is the listing price of this property?

The listing price of 400 Groveland Ave Unit 710 property is $142,499.

What type of property is this?

The property 400 Groveland Ave Unit 710 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 400 Groveland Ave Unit 710 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 400 Groveland Ave Unit 710 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 400 Groveland Ave Unit 710 is 754 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Groveland Ave Unit 710 is 1968.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›400 Groveland Ave Unit 710

This home is located at 400 Groveland Ave Unit 710 in Minneapolis, MN and zip code 55403 in the Loring Park neighborhood. This 754 square foot home was built in 1968. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $142,499.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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