29 days on rocket

510 Groveland Ave Unit 622, Minneapolis, MN, 55403

$750,000

Home List Price

$8,906*

Closing Credit

2 Bedrooms
1 Partial Bath
1,192 SqFt
$629/SqFt
Condo

Location

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510 Groveland Ave Unit 622, Minneapolis$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, Secured
Garage1 space
Year Built1927
HeatingHot Water, Radiant
CoolingCentral Air
MLS #6614161
StatusActive

About 510 Groveland Ave Unit 622

Introducing apartment 622, a never-before-available residence at 510 Groveland, designed by the iconic Barbara Armajani. This exquisite 2-bedroom, 2-bath home features a unique layout of opposing bedroom suites, along with a formal dining room, sitting room, and salon. Soaring ceilings and intricate Italianate plaster moldings imbue the space with grandeur, while custom white oak hardwood floors arranged in a chevron pattern create a warm, inviting ambiance. The layout includes two bedrooms on opposite wings: a main suite with barrel-vaulted ceilings and a guest suite complete with a dressing room and laundry facilities. The kitchen is a culinary sanctuary, featuring elegant marble finishes and professional-grade appliances tailored for discerning cooks or personal chefs. Custom cabinetry and integrated coffee and refrigeration solutions enhance both functionality and aesthetics. Additional highlights include central air conditioning, a whole-apartment sound system, custom window treatments, and a brand-new washer/dryer. Uniquely sourced light fixtures, handpicked by Armajani, illuminate the apartment with distinctive charm, making this a singular opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 1,192 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, Secured

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Hennepin and Groveland across from the Walker Art Center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $629/SqFt

HOA Fees:

  • Amount: $3104
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

510 Groveland Ave Unit 622 vs Minneapolis

29 DAYS ON ROCKET

-5 Days

$750,000

+$400.1K More

$629/SqFt

+$427 More

KEY TAKEAWAY

This property is $400.1K more than the Median Sold Price and $427/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: #6614161

Listing Office:

  • Office Name: Keller Williams Premier Realty

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Last updated on: 11/23/2024, 11:52:47 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.

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$6,915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1031686
2
/10
  • Emerson Elementary School

  • 120 W 15th St

  • 0.33 miles

  • Public Magnet Grades PK-5

school-card-donut-1031687
2
/10
  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.88 miles

  • Public Magnet Grades PK-5

school-card-donut-1031688
2
/10
  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.88 miles

  • Public Charter Grades KG-5

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. The most common type of family is single, no kids. 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 510 Groveland Ave Unit 622

What is the listing price of this property?

The listing price of 510 Groveland Ave Unit 622 property is $750,000.

What type of property is this?

The property 510 Groveland Ave Unit 622 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 510 Groveland Ave Unit 622 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 510 Groveland Ave Unit 622 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 510 Groveland Ave Unit 622 is 1,192 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Groveland Ave Unit 622 is 1927.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›510 Groveland Ave Unit 622

This home is located at 510 Groveland Ave Unit 622 in Minneapolis, MN and zip code 55403 in the Loring Park neighborhood. This 1,192 square foot home was built in 1927. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $750,000.

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. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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