Experience breathtaking Minneapolis skyline views from this bright corner unit at 48 Groveland Terrace. Perfectly positioned in the heart of Lowry Hill, just steps from the Walker Art Center, the Sculpture Garden, and picturesque Loring Park. This location delivers unmatched access to the best of the city. This sun-filled 1-bedroom, 1-bath home features stainless steel kitchen appliances (brand new fridge), new engineered hardwood floors, generous storage, and the convenience of in-unit laundry. Enjoy the added benefit of assigned underground parking and a private storage space. The 20x20 patio is the largest in the building, with stunning downtown skyline views, and the only unit that is allowed a grill! Residents of this secure, amenity-rich building have access to an outdoor pool, fitness room, and inviting community spaces. Monthly dues cover heat, AC, exterior maintenance, grounds, parking, and more, making everyday living effortless. Relax on your large private patio overlooking downtown and the iconic Sculpture Garden, or explore nearby Uptown, Downtown, and an array of shops, restaurants, and cultural destinations. A rare opportunity to enjoy stylish, low-maintenance living in one of Minneapolis’ most desirable neighborhoods.
Closed
$175,000
48 Groveland Ter #B101, Minneapolis, MN 55403
1beds
737sqft
(CC) High Rise (4+ Levels)
Built in 1966
-- sqft lot
$185,200 Zestimate®
$237/sqft
$1,449 Estimated rent
Home value
$185,200
$176,000 - $194,000
$1,449/mo
Zestimate® history
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List your homeWhat's special
New engineered hardwood floorsGenerous storageStunning downtown skyline viewsBright corner unitBreathtaking minneapolis skyline viewsAssigned underground parkingConvenience of in-unit laundry
Zillow last checked:
Listing updated:
Listed by:
Michael Knapp 952-210-2929,
Coldwell Banker Realty - Lakes
Bought with:
Gina Y Willard
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826653
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Informal dining room
- Level: Main
- Area: 76 Square Feet
- Dimensions: 9.5x8
Kitchen
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Laundry
- Level: Main
- Area: 25 Square Feet
- Dimensions: 5x5
Living room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 21x12
Walk in closet
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8x5
Heating
- Baseboard, Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Unit
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 737
- Total interior livable area: 737 sqft
- Finished area above ground: 737
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Garage Door Opener, Heated Garage, Tuckunder Garage, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool, Shared
Lot
- Size: 2.08 Acres
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 737
- Additional parcels included: 2802924410738
- Parcel number: 2802924410617
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Roof: Age Over 8 Years,Flat,Tar/Gravel
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cic 1447 Groveland Terrace Condo
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Lobby Entrance, Sauna, Security Building
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $838 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $151,000
- Annual tax amount: $2,150
- Date on market: 5/1/2026
- Cumulative days on market: 28 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $175,000-7.8%$237/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6826653 Report a problem | ||
| 3/20/2026 | Listed for sale | $189,900$258/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826653 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,902 +5.1% | $151,000 |
| 2024 | $1,809 -5.3% | $151,000 -4.4% |
| 2023 | $1,911 -0.5% | $158,000 -3.7% |
| 2022 | $1,921 +16% | $164,000 +3.8% |
| 2021 | $1,656 -19% | $158,000 +9.7% |
| 2020 | $2,045 +23.5% | $144,000 -10% |
| 2019 | $1,656 -19% | $160,000 |
| 2018 | $2,045 +4.9% | $160,000 +12.3% |
| 2017 | $1,949 +3.4% | $142,500 +5.2% |
| 2016 | $1,885 +3% | $135,500 +5.4% |
| 2015 | $1,830 +1.8% | $128,500 +5.8% |
| 2014 | $1,796 -4.5% | $121,500 -3.6% |
| 2013 | $1,881 -15.7% | $126,000 -14.3% |
| 2012 | $2,232 +5.9% | $147,000 +5.2% |
| 2011 | $2,107 -6.2% | $139,800 -16.8% |
| 2010 | $2,246 -8.9% | $168,000 -6.7% |
| 2009 | $2,465 | $180,000 |
Find assessor info on the county website
Neighborhood: Lowry Hill
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Nearby schools
GreatSchools rating
- 6/10Kenwood Elementary SchoolGrades: K-5Distance: 0.9 mi
- 1/10Anwatin Middle Com & Spanish D IGrades: 6-8Distance: 1.3 mi
- 3/10North Academy Senior HighGrades: 9-12Distance: 1.8 mi
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Estimated market value
$185,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$185,200
- Minnesota
- Hennepin County
- Minneapolis
- 55403
- Lowry Hill
- 48 Groveland Ter Unit B101
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