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  • $289,000

    48 Groveland Ter #B106, Minneapolis, MN 55403

    2beds
    1,200sqft
    High Rise
    Built in 1966
    -- sqft lot
    $283,500 Zestimate®
    $241/sqft
    $2,202 Estimated rent

    Home value

    $283,500

    $261,000 - $309,000

    $2,202/mo

    Zestimate® history
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    What's special

    Open concept livingSpacious retreatAmazing poolStainless steel appliancesGranite countertopsModern kitchenEnsuite bathroom
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brent Reichow 612-220-3553,

    Edina Realty, Inc.

    Bought with:

    Michelle Phillips

    Keller Williams Select Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6678776MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 276 Square Feet
    • Dimensions: 12x23
    Bedroom 2
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Flex room
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 07x12
    Kitchen
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 08x10
    Living room
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 12x21
    Heating
    • Baseboard
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Closet, Main Level, In Unit, Washer Hookup
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    • Finished area above ground: 1,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Guest, Heated Garage, Garage, Underground
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs Internal
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 2.08 Acres
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Foundation area: 1200
    • Parcel number: 2802924410620
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: High Rise
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green 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
    • Services included: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Parking, Professional Mgmt, Recreation Facility, Sanitation, Security System, Sewer, Shared Amenities, Snow Removal, Water
    • HOA fee: $897 monthly
    • HOA name: First Service Residential
    • HOA phone: 952-277-2700
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $241/sqft
    • Tax assessed value: $267,000
    • Annual tax amount: $3,970
    • Date on market: 3/6/2025
    • Cumulative days on market: 306 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/27/2025Sold$289,000-3.7%$241/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6678776 Report a problem
    7/29/2025Pending sale$300,000$250/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6678776 Report a problem
    5/29/2025Price change$300,000-6.2%$250/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6678776 Report a problem
    4/10/2025Price change$319,900-5.9%$267/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6678776 Report a problem
    3/6/2025Listed for sale$339,900-1.5%$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6678776 Report a problem
    1/18/2025Listing removed$345,000$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6636220 Report a problem
    12/2/2024Listed for sale$345,000$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6636220 Report a problem
    9/11/2024Listing removed$345,000$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6583756 Report a problem
    8/9/2024Listed for sale$345,000+58.5%$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6583756 Report a problem
    8/2/2011Sold$217,675$181/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,108 +14.9%$267,000
    2024$3,576 -4.6%$267,000 -2.6%
    2023$3,750 +1.7%$274,000 -3.9%
    2022$3,687 +19.3%$285,000 +7.1%
    2021$3,089 -18%$266,000 +9.9%
    2020$3,768 +22%$242,000 -10%
    2019$3,089 -18%$269,000
    2018$3,768 +4.1%$269,000 +11.9%
    2017$3,621 +2.6%$240,500 +5.3%
    2016$3,530 +2.6%$228,500 +5.5%
    2015$3,442 +1.3%$216,500 +5.6%
    2014$3,398 +8.7%$205,000 +8.5%
    2013$3,126 -14%$189,000 -14.1%
    2012$3,635 +3.5%$220,000 +4.9%
    2011$3,512 +51.8%$209,800 +61.4%
    2010$2,313 -1.1%$130,000
    2009$2,339 $130,000
    Find assessor info on the county website

    Neighborhood: Lowry Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $283,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $283,500