3 months on rocket

510 Groveland Ave Unit 316, Minneapolis, MN, 55403

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,528 SqFt
$457/SqFt
Condo
Schools Nearby

Location

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510 Groveland Ave Unit 316, Minneapolis$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingFloor Drain, Garage Door Opener, Guest Parking, Heated Garage
Garage1 space
Year Built1927
HeatingHot Water
CoolingCentral Air
FireplaceDecorative
MLS #6472809
StatusActive

About 510 Groveland Ave Unit 316

Sophisticated and stylish two bedroom, two bathroom residence in the premier Minneapolis cooperative, 510 Groveland. The spacious layout is in the best location in the building and features a grand living room with panoramic views, and inviting foyer, hardwood floors, a gourmet kitchen, custom cabinetry, built-in workstation, honed granite countertops, high-end appliances, french doors with access to dining area, exhaust vents to the outside, bathroom suite with walk in shower, jetted tub, tankless toilet, dual vanities, heated floors, storage/medicine cabinets, floor drains, a primary bedroom with custom built-ins, walk-in cedar closet with closet system w/ ladder, a guest bedroom/office - custom bookshelves and doors w/ ladder, powder bath with tankless toilet, abundant storage and closets, 24 hour desk attendant, heated parking, exercise room, and restaurant and lounge on the first floor. Unit 316 is a truly stunning combination of unequaled detail, high-end finishes, and design.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 1,528 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Floor Drain, Garage Door Opener, Guest Parking, Heated Garage

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $457/SqFt

HOA Fees:

  • Amount: $3788
  • 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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

510 Groveland Ave Unit 316 vs Minneapolis

115 DAYS ON ROCKET

+77 Days

$699,000

+$357.7K More

$457/SqFt

+$255 More

KEY TAKEAWAY

This property is $357.7K more than the Median Sold Price and $255/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: #6472809

Listing Office:

  • Office Name: Keller Williams Premier Realty

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Last updated on: 4/27/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-1049644
4
/10

  • Kenwood Elementary

  • 2013 Penn Ave S

  • 1.08 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1049645
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.51 miles

  • Public District Grades 6-8

school-card-donut-1049646
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 4.80 miles

  • Public District Grades 6-8

High School

school-card-donut-1049647
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,627. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Groveland Ave Unit 316

What is the listing price of this property?

The listing price of 510 Groveland Ave Unit 316 property is $699,000.

What type of property is this?

The property 510 Groveland Ave Unit 316 is a condo located in Minneapolis, Minnesota, 55403.

Is this property for sale now?

Active Listing: 510 Groveland Ave Unit 316 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 510 Groveland Ave Unit 316 are:
Kenwood Elementary: GreatSchools Rating 4/10
Anwatin Middle Community School: GreatSchools Rating 1/10
Anthony Middle School: GreatSchools Rating 5/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 510 Groveland Ave Unit 316 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 510 Groveland Ave Unit 316 is 1,528 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Groveland Ave Unit 316 is 1927.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›510 Groveland Ave Unit 316

This home is located at 510 Groveland Ave Unit 316 in Minneapolis, MN and zip code 55403 in the Loring Park neighborhood. This 1,528 square foot home was built in 1927. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $699,000.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. In March 2024 median list price was $341,287 and the average listing age was 38 days.

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

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