16 days on rocket

8 Grove St Unit 8B, Minneapolis, MN, 55401

$1,200,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,799 SqFt
$667/SqFt
Townhouse
Schools Nearby

Location

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8 Grove St Unit 8B, Minneapolis$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Detached, Asphalt, Electric, Garage Door Opener, More Parking Offsite for Fee, Storage, Open
Garage1 space
Year Built1877
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontRiver View
FireplaceGas, Living Room
MLS #6527275
StatusActive

About 8 Grove St Unit 8B

Nicollet Island French 2nd Empire building 3-level townhome on National Historic Register. Step inside for a wonderful journey around the world. Commissioned hand painted walls and ceilings teleport you to the gilded age with conveniences of a gas fireplace and built-in modern appliances. Custom kitchen with arches, barrel ceilings, chandeliers, copper stamped ceiling tiles, under cabinet lighting, walk-in pantry, and custom designed mosaic backsplashes. Step down a level to a mix of Asian influences, custom furniture, and hand wood carvings all with marble floors, solid granite tub, a steam shower. The 1 bedroom plus Bed/Den is old-world European influence with exposed brick and beam ceilings. Take the next steps down to the unique sublevel Baroque inspired entertaining space complete with wet bar, fridge, freezer, hand carved posts and arches against a backdrop of a custom-made waterfall feature, and possibly an old tunnel entrance that's been sealed. Magnifique!

Property Details

Property Features

Property Information:

  • Year Built: 1877
  • Living Area: 1,799 SqFt

Listing Office:

  • Office Name: True Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: River View

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Detached, Asphalt, Electric, Garage Door Opener, More Parking Offsite for Fee, Storage, Open

Lot Features

Lot Information:

  • Lot: Corner Lot, Few Trees, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: Hennepin Avenue to Wilder St, West to Island Avenue, North to Grove Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $667/SqFt

HOA Fees:

  • Amount: $1029
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

8 Grove St Unit 8B vs Minneapolis

16 DAYS ON ROCKET

-11 Days

$1,200,000

+$856.3K More

$667/SqFt

+$465 More

KEY TAKEAWAY

This property is $856.3K more than the Median Sold Price and $465/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: #6527275

Listing Office:

  • Office Name: True Real Estate

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Property Sales & Tax

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Per Month

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.

Middle School

school-card-donut-2454889
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 2.79 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2454890
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 1.63 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 $103,872. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 Grove St Unit 8B

What is the listing price of this property?

The listing price of 8 Grove St Unit 8B property is $1,200,000.

What type of property is this?

The property 8 Grove St Unit 8B is a townhouse located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 8 Grove St Unit 8B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8 Grove St Unit 8B are:
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 8 Grove St Unit 8B has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8 Grove St Unit 8B is 1,799 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Grove St Unit 8B is 1877.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›8 Grove St Unit 8B

This home is located at 8 Grove St Unit 8B in Minneapolis, MN and zip code 55401 in the Nicollet Island / East Bank neighborhood. This 1,799 square foot home was built in 1877. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,200,000.

In April 2024, from all listings sold in Minneapolis, MN there were more than 519 sold above asking price, over 337 sold below and more than 228 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $343,683, while the average time on the real estate market was 27 days.

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

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