1201 River Terrace Dr Minneapolis, MN 55431
West Bloomington NeighborhoodEstimated payment $2,815/month
Total Views
1,657
3
Beds
3
Baths
3,450
Sq Ft
$116
Price per Sq Ft
Highlights
- Very Popular Property
- Recreation Room
- 2 Fireplaces
- 47,045 Sq Ft lot
- Main Floor Primary Bedroom
- Great Room
About This Home
Offered for the first time in decades, this rare bluff-top property in Bloomington invites a buyer with vision to transform a timeless mid-century modern into a truly extraordinary retreat. Built in 1974 and tucked into a tree-filled lot overlooking the Minnesota River, the setting is peaceful, private, and remarkably connected - just 15 minutes from downtown Minneapolis, MSP Airport, and the best of the Twin Cities.
Inside, the home features a wide-open floor plan with three bedrooms (originally five bedrooms) and three bathrooms. Four dramatic plate-glass windows anchor the main living space, framing views of the wooded bluff. Sliding glass doors throughout the home bring nature to the doorstep - seamlessly blending indoor and outdoor living in true mid-century fashion.
This is not a turnkey property. It's an invitation to dream. Priced accordingly, it offers a compelling opportunity for someone with passion, creativity, and an eye for architecture to reimagine something truly special.
Open House Schedule
-
Wednesday, August 13, 202510:00 am to 12:00 pm8/13/2025 10:00:00 AM +00:008/13/2025 12:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,556
Year Built
- Built in 1974
Lot Details
- 1.08 Acre Lot
- Lot Dimensions are 99x477x107x469
- Irregular Lot
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
- Rubber Roof
Interior Spaces
- 2 Fireplaces
- Wood Burning Fireplace
- Great Room
- Dining Room
- Home Office
- Recreation Room
- Game Room
- Storage Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Storage
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Russell Kladis 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2102724430061
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $6,611 | $540,900 | $215,900 | $325,000 |
| 2022 | $5,440 | $493,100 | $172,000 | $321,100 |
| 2021 | $5,188 | $424,800 | $178,900 | $245,900 |
| 2020 | $5,064 | $409,500 | $173,900 | $235,600 |
| 2019 | $4,664 | $390,000 | $173,900 | $216,100 |
| 2018 | $5,159 | $355,400 | $181,900 | $173,500 |
| 2017 | $4,719 | $352,200 | $199,100 | $153,100 |
| 2016 | $5,088 | $359,000 | $205,900 | $153,100 |
| 2015 | $5,101 | $346,800 | $200,500 | $146,300 |
| 2014 | -- | $323,200 | $186,500 | $136,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $399,000 | -- | $116 / Sq Ft |
Source: NorthstarMLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $140,000 | New Conventional | |
| Closed | $155,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6748946
APN: 21-027-24-43-0061
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