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48 Groveland Ter

Minneapolis, MN 55403

1 bd 1 ba 765 sqft Built 1969 condos
Most recent sale
$150,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2022 Sold $150,000 MLS #6153150
May 31, 2022 Price changed $164,900 MLS #6153150
Apr 6, 2022 Price changed $174,900 MLS #6153150
Feb 15, 2022 Listed $179,900 MLS #6153150
Mar 23, 2021 Listing removed $1,495 NorthstarMLS
Feb 13, 2021 Listing removed $1,695 NorthstarMLS
Feb 27, 2020 Listing removed $1,695 NorthstarMLS
Aug 28, 2014 Sold $170,000 Public Record
Jan 14, 2013 Listing removed $215,000 NorthstarMLS
Sep 27, 2012 Sold $159,500 MLS #4107673
May 4, 2012 Price changed $159,900 MLS #4107673
Dec 8, 2011 Listed $169,900 MLS #4107673
Jan 2, 2006 Listed $215,000 MLS #3130694

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $140,000 $11,000 $151,000 $2,328
2024 $151,000 $12,000 $163,000 $2,127
2023 $158,000 $12,000 $170,000 $2,236
2022 $156,000 $9,000 $165,000 $2,286
2021 $131,400 $18,600 $150,000 $2,006
2020 $145,595 $2,147
2019 $145,595 $2,216
2018 $133,605 $2,045
2017 $125,975 $1,985
2016 $118,345 $1,931
2015 $110,170 $1,895
2014 $107,900 $18,600 $126,500 $2,267
2013 $116,500 $14,500 $131,000 $2,358
2012 $140,500 $14,500 $155,000 $2,719
2011 $131,200 $14,500 $145,700 $2,438
2010 $107,900 $7,100 $115,000 $2,047
2009 $107,900 $7,100 $115,000 $2,069
2008 $180,100 $7,300 $187,400 $3,046
2007 $70,500 $19,500 $90,000 $1,505

Property facts

Year built
1969
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
765 sqft
Lot size
ZIP code
55403
City
Minneapolis
Street
Groveland Ter
Coordinates
44.96881, -93.29099

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,148
Gross rental yield
9.18%
Implied cap rate
5.97%
Trend-extrapolated value

Frequently asked questions

When did 48 Groveland Ter last sell?
48 Groveland Ter most recently sold on Jul 21, 2022 for $150,000.
What is the current tax assessment for 48 Groveland Ter?
The most recent total assessment for 48 Groveland Ter (year 2025) is $151,000 with $2,328 in property tax.
How does 48 Groveland Ter's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $150,000.
When was 48 Groveland Ter built?
48 Groveland Ter was built in 1969.
How does 48 Groveland Ter compare to others on Groveland Ter?
We track 8 other properties on Groveland Ter. Browse the list under "Other properties on Groveland Ter" to compare beds, baths, and sale history.
What are the property facts for 48 Groveland Ter?
48 Groveland Ter is a 1 bed, 1 bath, 765 sqft condos.
Is 48 Groveland Ter a flip candidate?
No — 48 Groveland Ter does not appear in our flips dataset.
Is 48 Groveland Ter a tax-appeal candidate?
No — 48 Groveland Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$391K
2026 Q4
$388K
ZIP 55403 — Median Price History + Forecast

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