3 months on rocket

48 Groveland Ter Unit B106, Minneapolis, MN, 55403

$345,000

Home List Price

$4,097*

Closing Credit

2 Bedrooms
2 Full Baths
1,200 SqFt
$288/SqFt
Condo

Location

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48 Groveland Ter Unit B106, Minneapolis$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest Parking, Heated Garage, Parking Garage, Underground
Garage2 spaces
Year Built1966
HeatingBaseboard
CoolingCentral Air
MLS #6583756
StatusActive

About 48 Groveland Ter Unit B106

Welcome to this beautiful condo in the highly sought-after Groveland Terrace community. Nestled in the vibrant Lowry Hill neighborhood, offering the perfect blend of urban convenience and serene living. As you step inside, you'll be greeted by open concept living. The spacious living room flows seamlessly into the modern kitchen, complete with stainless steel appliances and granite countertops. The primary bedroom is a true spacious retreat, featuring a walk-in closet and an ensuite bathroom. The second bedroom is equally stunning, ideal for guests or home office. Step outside to the private community courtyard, where you can enjoy your morning coffee, unwind with a glass of wine as you watch the sunset complete with gas grills and fire pits or take a dip in the amazing pool overlooking the Minneapolis skyline! Plus, you'll be just steps away from the best of Minneapolis—The Sculpture Garden, Walker Art Center, and a plethora of dining and shopping options.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Guest Parking, Heated Garage, Parking Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 94 to exit 231B Groveland Ave to Groveland Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $288/SqFt

HOA Fees:

  • Amount: $897
  • 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

48 Groveland Ter Unit B106 vs Minneapolis

104 DAYS ON ROCKET

+70 Days

$345,000

-$4.8K Less

$288/SqFt

+$86 More

KEY TAKEAWAY

This property is $4.8K less than the Median Sold Price and $86/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6583756

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/21/2024, 7:22:48 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

$2,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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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-396286
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.52 miles

  • Public Magnet Grades PK-5

school-card-donut-396287
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-396288
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.03 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 $56,828. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 Groveland Ter Unit B106

What is the listing price of this property?

The listing price of 48 Groveland Ter Unit B106 property is $345,000.

What type of property is this?

The property 48 Groveland Ter Unit B106 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 48 Groveland Ter Unit B106 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 48 Groveland Ter Unit B106 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48 Groveland Ter Unit B106 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 Groveland Ter Unit B106 is 1966.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›48 Groveland Ter Unit B106

This home is located at 48 Groveland Ter Unit B106 in Minneapolis, MN and zip code 55403 in the Calhoun-Isles neighborhood. This 1,200 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $345,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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