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CondominiumResidential

48 Groveland Ter

MINNEAPOLIS, MN 55403
2.08 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 1966138 units607–2,228 ft²
$25M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$154K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$238
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+22.6%vs the Minneapolis ZIP median sale $/ft² ($194)

Sales Performance

$365K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+57.3%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
14
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
10.1%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+0.4%per yeartypical hold 6.7 yrsfrom 133 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052009201220152017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052009201220152017202020232026

261 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$161K$387K$614K$840K607 ft²931 ft²1,255 ft²1,580 ft²1,904 ft²2,228 ft²
Studio1 bd2 bd3 bd
Studio
101 units
1 bed
24 units
2 bed
12 units
3 bed
1 unit
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
1 bd · 1 ba · 748 ft²
5 units
1 bd · 1 ba · 774 ft²
5 units
1 bd · 1 ba · 732 ft²
3 units
Studio · 1 ba · 658 ft²
2 units
1 bd · 1 ba · 763 ft²
2 units
2 bd · 2 ba · 1,065 ft²
2 units
Studio · 1 ba · 1,162 ft²
2 units
2 bd · 2 ba · 1,162 ft²
2 units
Studio · 1 ba · 1,200 ft²
2 units
One-off layouts
113 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$108K–$188K
117 units
$222K–$275K
15 units
$302K–$316K
5 units
$840K–$840K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.22%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.19%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.8 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.44%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.6%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$179,015
Median tax billThe middle annual property tax bill among the building's units.$255
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.1

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHENNEPIN
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
HeatingThe type of heating system in the home.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

District: Minneapolis Public School District

Neighborhood · ZIP 55403These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.174
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.17,448
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.13,143 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,927
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$99,118
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

48 Groveland Ter # B1
$222K
48 Groveland Ter # C1
$154K
48 Groveland Ter # S1
$153K
48 Groveland Ter # B2
$154K
48 Groveland Ter # C2
$108K
48 Groveland Ter # B3
$154K
48 Groveland Ter # C3
$154K
48 Groveland Ter # B4
$154K
48 Groveland Ter # C4
$154K
48 Groveland Ter # B5
$154K
48 Groveland Ter # C5
$154K
48 Groveland Ter # B6
$154K
48 Groveland Ter # C6
$154K
48 Groveland Ter # B7
$165K
48 Groveland Ter # C7
$154K
48 Groveland Ter # B8
$154K
48 Groveland Ter # C8
$154K
48 Groveland Ter # B9
$154K
48 Groveland Ter # C9
$154K
48 Groveland Ter # B10
$154K
48 Groveland Ter # C10
$154K
48 Groveland Ter # B11
$154K
48 Groveland Ter # C11
$154K
48 Groveland Ter # B12
$154K
48 Groveland Ter # C12
$154K
48 Groveland Ter # B13
$154K
48 Groveland Ter # C13
$154K
48 Groveland Ter # B14
$154K
48 Groveland Ter # C14
$154K
48 Groveland Ter # B15
$154K
48 Groveland Ter # C15
$154K
48 Groveland Ter # B16
$154K
48 Groveland Ter # C16
$154K
48 Groveland Ter # B17
$154K
48 Groveland Ter # C17
$154K
48 Groveland Ter # B18
$154K
48 Groveland Ter # C18
$154K
48 Groveland Ter # B19
$154K
48 Groveland Ter # C19
$154K
48 Groveland Ter # B20
$154K
48 Groveland Ter # C20
$154K
48 Groveland Ter # B21
$304K
48 Groveland Ter # C21
$154K
48 Groveland Ter # B22
$154K
48 Groveland Ter # C22
$154K
48 Groveland Ter # B23
$154K
48 Groveland Ter # C23
$154K
48 Groveland Ter # B24
$154K
48 Groveland Ter # C24
$154K
48 Groveland Ter # B25
$154K
48 Groveland Ter # C25
$154K
48 Groveland Ter # B26
$154K
48 Groveland Ter # C26
$154K
48 Groveland Ter # B27
$154K
48 Groveland Ter # C27
$154K
48 Groveland Ter # B28
$154K
48 Groveland Ter # C28
$154K
48 Groveland Ter # B29
$154K
48 Groveland Ter # C29
$154K
48 Groveland Ter # B30
$154K
48 Groveland Ter # C30
$154K
48 Groveland Ter # B31
$154K
48 Groveland Ter # C31
$154K
48 Groveland Ter # B32
$154K
48 Groveland Ter # C32
$154K
48 Groveland Ter # B33
$154K
48 Groveland Ter # C33
$154K
48 Groveland Ter # B34
$154K
48 Groveland Ter # C34
$154K
48 Groveland Ter # B35
$154K
48 Groveland Ter # C35
$154K
48 Groveland Ter # B36
$154K
48 Groveland Ter # C36
$154K
48 Groveland Ter # B37
$154K
48 Groveland Ter # C37
$154K
48 Groveland Ter # B38
$154K
48 Groveland Ter # C38
$154K
48 Groveland Ter # B39
$154K
48 Groveland Ter # C39
$154K
48 Groveland Ter # B40
$154K
48 Groveland Ter # B41
$154K
48 Groveland Ter # B42
$154K
48 Groveland Ter # B43
$154K
48 Groveland Ter # B44
$154K
48 Groveland Ter # B45
$154K
48 Groveland Ter # B46
$154K
48 Groveland Ter # B47
$177K
48 Groveland Ter # B48
$154K
48 Groveland Ter # B49
$154K
48 Groveland Ter # B50
$146K
48 Groveland Ter # B51
$154K
48 Groveland Ter # B52
$154K
48 Groveland Ter # B101
1 bd · 1 ba · 737 ft²
$182K
48 Groveland Ter # B103
1 bd · 1 ba · 671 ft²
$161K
48 Groveland Ter # B104
1 bd · 1.5 ba · 982 ft²
$235K
48 Groveland Ter # B106
2 bd · 2 ba · 1,162 ft²
$270K
48 Groveland Ter # B107
1 bd · 1 ba · 732 ft²
$174K
48 Groveland Ter # B108
2 bd · 2 ba · 1,186 ft²
$258K
48 Groveland Ter # B111
1 bd · 1 ba · 732 ft²
$174K
48 Groveland Ter # B112
1 bd · 1 ba · 607 ft²
$162K
48 Groveland Ter # B113
1 bd · 1 ba · 732 ft²
$169K
48 Groveland Ter # B114
2 bd · 2.8 ba · 1,154 ft²
$261K
48 Groveland Ter # B115
2 bd · 2.8 ba · 997 ft²
$246K
48 Groveland Ter # B201
1 bd · 1 ba · 774 ft²
$184K
48 Groveland Ter # B202
1 bd · 1 ba · 774 ft²
$187K
48 Groveland Ter # B203
1 ba · 658 ft²
$163K
48 Groveland Ter # B204
1 bd · 1 ba · 668 ft²
$175K
48 Groveland Ter # B206
1 ba · 1,162 ft²
$275K
48 Groveland Ter # B207
1 ba · 1,200 ft²
$262K
48 Groveland Ter # B208
2 bd · 2.8 ba · 1,065 ft²
$260K
48 Groveland Ter # B209
1 bd · 1 ba · 748 ft²
$173K
48 Groveland Ter # B211
1 bd · 1 ba · 748 ft²
$167K
48 Groveland Ter # B212
1 bd · 1 ba · 758 ft²
$188K
48 Groveland Ter # B213
2 bd · 2 ba · 1,154 ft²
$302K
48 Groveland Ter # B214
2 bd · 1 ba · 997 ft²
$243K
48 Groveland Ter # B301
1 bd · 1 ba · 774 ft²
$176K
48 Groveland Ter # B302
1 bd · 1 ba · 774 ft²
$180K
48 Groveland Ter # B303
1 ba · 658 ft²
$166K
48 Groveland Ter # B304
1 bd · 1 ba · 688 ft²
$179K
48 Groveland Ter # B306
2 bd · 2 ba · 1,162 ft²
$307K
48 Groveland Ter # B307
2 bd · 2.8 ba · 1,200 ft²
$316K
48 Groveland Ter # B308
2 bd · 2 ba · 1,065 ft²
$252K
48 Groveland Ter # B309
1 ba · 748 ft²
$169K
48 Groveland Ter # B311
1 bd · 1 ba · 748 ft²
$176K
48 Groveland Ter # B312
1 bd · 1 ba · 763 ft²
$184K
48 Groveland Ter # B313
2 bd · 1 ba · 1,154 ft²
$263K
48 Groveland Ter # B314
1 bd · 1 ba · 1,028 ft²
$246K
48 Groveland Ter # B401
1 bd · 1 ba · 774 ft²
$184K
48 Groveland Ter # B402
1 ba · 774 ft²
$184K
48 Groveland Ter # B403
1 bd · 1 ba · 658 ft²
$171K
48 Groveland Ter # B404
1 ba · 668 ft²
$172K
48 Groveland Ter # B406
1 ba · 1,162 ft²
$260K
48 Groveland Ter # B407
1 ba · 1,200 ft²
$304K
48 Groveland Ter # B408
2 bd · 2 ba · 1,065 ft²
$253K
48 Groveland Ter # B409
1 bd · 1 ba · 748 ft²
$174K
48 Groveland Ter # B411
1 bd · 1 ba · 748 ft²
$170K
48 Groveland Ter # B412
1 bd · 1 ba · 763 ft²
$176K
48 Groveland Ter # B414
3 bd · 3.8 ba · 2,228 ft²
$840K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 48 Groveland Ter

How many units are in 48 Groveland Ter, Minneapolis, MN?

48 Groveland Ter, Minneapolis, MN has 138 residential units across built in 1966, according to county assessor records.

What is a unit at 48 Groveland Ter, Minneapolis, MN worth?

The median TopHap Estimate across the 138 units at 48 Groveland Ter, Minneapolis, MN is $154,273. That works out to $238 per square foot. Units run from 607 to 2,228 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 48 Groveland Ter, Minneapolis, MN expensive for Minneapolis?

Units at 48 Groveland Ter, Minneapolis, MN carry a median of $238 per square foot, 23% above the Minneapolis median of $194 per square foot.

How often do units sell at 48 Groveland Ter, Minneapolis, MN?

14 units at 48 Groveland Ter, Minneapolis, MN sold in the last 12 months, out of 261 recorded arms-length sales all time. That is a turnover rate of 10.1% of the building per year. The median sale over that period was $365K.

Have units at 48 Groveland Ter, Minneapolis, MN appreciated?

Across 133 repeat sales of the same unit, 48 Groveland Ter, Minneapolis, MN returned a median 0.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.7 years.

What floor plans does 48 Groveland Ter, Minneapolis, MN have?

The most common plan at 48 Groveland Ter, Minneapolis, MN is a 1-bedroom of 748 square feet, repeated 5 times, with a median estimate of $173,001. TopHap identifies 9 recurring plans in the building.

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