Groveland Terrace
Groveland Terrace Condos for sale in Minneapolis, MN.
Groveland Terrace condos are located at 48 Groveland Terrace, Minneapolis, Minnesota 55403 in the Lowry Hill neighborhood. Originally built in 1967, Groveland Terrace has undergone extensive remodeling and become a high demand condominium. Today, there are 132 units ranging in size from 725 square feet to 1,225. The development consists of three buildings: 48 Groveland Terrace, 50 Groveland Terrace, and 52 Groveland Terrace.Â
48 Groveland Terrace faces north, and has spectacular northeast views of downtown Minneapolis and partial views of Lowry Hills. Party Room and exercise room are located in this building.Â
50 Groveland Terrace is the smallest of the buildings and is located across the courtyard from the 48 building. This building has 22 units, as well as the Men’s and Women’s saunas. Heated underground parking lies underneath the courtyard terrace and has direct access to the building.Â
52 Groveland Terrace is the largest building, and has 59 units. It is the center building overlooking the terrace courtyard and enjoys straight views of the downtown Minneapolis skyline. Heated garage is located within the building.
Groveland Terrace Features
• Amazing pool and courtyard with unparalleled views of downtown Minneapolis skyline
• Entertainment and Party Room
• Fitness and exercise center
• Men’s and Women’s sauna
• Storage units
• Green options available
Interior
• Large Windows
• Wood flooring – sound insulated
• Bedroom carpeting
• High efficiency low-e glass
Kitchen
• Flush panel cabinets
• Frosted glass doors with alum frame
• Italian surface counters
• Double bowl sink
• Designer fixtures
• Stainless steel appliances
Bathroom
• Custom vanities
• Porcelain ceramic tile
• Italian surface counters
• Designer fixtures and lighting
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Edina Realty. Blake Vanderhyde is a Realtor ® and Licensed Attorney dedicated to helping people with their real estate needs.
Minneapolis Condos & Homes
Minneapolis Real Estate Market Update for December 2008
Minneapolis – Entire City Year to Date
• New Listings for 2008 = 11,047 (-12.6 % from 2007).
• Closed Sales = 5,252 (+5.5% from 2007)
• Average Sales Price = $210,617 (-19.5% from 2007)
• Percent of Original List Price Received at Sale = 91.2% (-3.3 % from 2007)
• Avg Days on Market Until Sale = [...]
Minneapolis – Entire City Year to Date
New Listings for 2008 = 9,859 (-13.2 % from 2007).
Closed Sales = 4,496 (+3.1% from 2007)
Average Sales Price = $217,328 (-16.4% from 2007)
Percent of Original List Price Received at Sale = 91.3% (-3.4 % from 2007)
Avg Days on Market Until Sale = 128 (+24.7% from 2007)
Neighborhood Breakdown
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Camden – [...]
This charming three bedroom home enjoys a superb location. Meticulously maintained. Close proximity to shops and stores.Â
An abundance of improvements and amenities make this hard to beat:
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Brand new roof (35 year shingle) 2008
New top-of-the-line siding (Smart Side® Home Siding) 2008
New gutters and downspouts
4 new storm windows on north side of house
Refinished wood floors
New deck in [...]
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Click here to see the available units in Reflections
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For July 2008 there were 1,016 new listings, 473 closed sales, and an average sales price of $233,770 for Minneapolis, Minnesota.
Broken down by neighborhood:
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