NOT LISTED FOR SALE

11021 Terrace Rd NE Minneapolis, MN 55434

Estimated Value: $289,000 - $323,301

3 Beds
2 Baths
1,503 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $118,000 $79 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,868/month

57 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • 1-Story Property
  • Blaine Senior High School Rated A-
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

Not a foreclosure or a short sale! Fresh paint, carpet, beautiful HW floors, a bay window, maint free siding, newer windows. Over sized 2 car garage plus a shed with play area for the kids! It has a fenced in yard that is wooded and quiet!

Last Agent to Sell the Property

Bret Lorenson

Real Estate Connection Listed on: 12/11/2011

Last Buyer's Agent

Bret Lorenson

Real Estate Connection Listed on: 12/11/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,923

Year Built

  • 1962

Lot Details

  • 10,454 Sq Ft Lot
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,923

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 604.2
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 880
  • Projected Closed Date: 02/24/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2555.05
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Freezer, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 9: Den/Office, On Level: Lower
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 880
  • Below Grade Finished Sq Ft: 623
  • Total Fin Square Footage: 1503

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Anoka-Hennepin #11

Lot Info

  • Estimated Lot Dimensions: W75*142
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2011
Closed on
Feb 24, 2012
Sold by
Bloomington Investment Group Llc
Bought by
Rees Matthew
Seller's Agent
Bret Lorenson
Real Estate Connection
Buyer's Agent
Bret Lorenson
Real Estate Connection
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%
Current Estimated Value
$306,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,325
Avg. Annual Appreciation
7.24%
Original Mortgage
$8,500
Outstanding Balance
$5,878
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,447
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rees Matthew $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Matthew $8,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $118,000 -1.6% $79 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
12/11/2011 12/11/11 For Sale $119,900 -- $80 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,923 $291,200 $110,000 $181,200
2024 $2,923 $288,400 $108,200 $180,200
2023 $2,595 $282,400 $100,000 $182,400
2022 $2,386 $278,900 $86,400 $192,500
2021 $2,324 $230,800 $75,000 $155,800
2020 $2,215 $220,600 $73,000 $147,600
2019 $2,054 $204,300 $68,300 $136,000
2018 $1,919 $187,200 $0 $0
2017 $1,688 $172,800 $0 $0
2016 $1,696 $152,200 $0 $0
2015 $1,615 $152,200 $55,500 $96,700
2014 -- $129,000 $45,000 $84,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4093299

REALTOR® Association of Southern Minnesota

APN: 18-31-23-34-0073