NOT LISTED FOR SALE

13942 Terrace Rd NE Andover, MN 55304

Estimated Value: $715,744 - $796,000

4 Beds
3.5 Baths
3,893 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $700,000 $180 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,541/month

42 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • The kitchen features windows
  • Roosevelt Middle School Rated A-
  • Den
  • Cul-De-Sac

About This Home

As of May 2024

Fantastic executive home on a gorgeous 1.61 acre lot which includes a gazebo, pond, maintenance free deck and private wooded views. The car or boat enthusiast will love the heated 5+ car garage (51x23 & 19 x 11.7)! You will be greeted by gorgeous hardwood floors and a grand staircase as you enter the home. This home is flooded with daylight from over-sized windows and has a great office to work from home. Entertain your family and friends in the formal and informal dining spaces. Kitchen features a new refrigerator, an island and corian countertops. You will appreciate the convenience of four spacious bedrooms on the upper level. Huge primary bedroom with a vaulted ceiling, two walk-in closets and ensuite bathroom with a double vanity, separate shower and jetted tub. The lower level has a large recreation area and the perfect spot for a home gym or den. This must see two story home is nearby top schools, parks and Majestic Oaks Golf Club.

Last Agent to Sell the Property

Niki Moeller

RE/MAX Results Listed on: 02/18/2024

RE/MAX Results

Last Buyer's Agent

Joseph Lomando

JPW Realty

JPW Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 1995

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 208x387x211x183
  • Cul-De-Sac
  • Corner Lot

Parking

  • 6 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flex
  • Unfinished Walls

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Majestic Oaks West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 313223220014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 1995

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 2758
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump
  • Appliances: Central Vacuum, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 3893
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1135
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Informal Dining Room, Laundry, Flex Room, Walk In Closet, Primary Bathroom, Unfinished

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Gazebo

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 1332

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictNumber: 11
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 208x387x211x183
  • Lot Size Sq Ft: 70131.6
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 313223220014
  • Tax Annual Amount: 5269
  • TaxWithAssessments: 5269.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
May 13, 2024
Sold by
Johnson Noah and Johnson Kathleen
Bought by
Her Pao and Her Christina
Seller's Agent
Niki Moeller
RE/MAX Results
Buyer's Agent
Joseph Lomando
JPW Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
122
Current Estimated Value
$764,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,936
Avg. Annual Appreciation
3.02%
Original Mortgage
$630,000
Outstanding Balance
$622,182
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$107,187

Purchase Details

Closed on
May 8, 2006
Sold by
Hubers Richard G and Hubers Diane L
Bought by
Arnstrom Scott D and Arnstrom Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 1996
Sold by
Dave Regel Construction Inc
Bought by
Hubers Richard G and Hubers Diane L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Her Pao $700,000 --
Arnstrom Scott D $530,000 --
Hubers Richard G $369,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Her Pao $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $700,000 0.0% $180 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/19/2024 03/19/24 Off Market $700,000 -- --
02/22/2024 02/22/24 For Sale $725,000 -- $186 / Sq Ft
Source: NorthstarMLS

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 $5,815 $660,000 $152,700 $507,300
2024 $5,815 $636,000 $143,600 $492,400
2023 $5,269 $620,700 $135,600 $485,100
2022 $4,964 $614,200 $118,600 $495,600
2021 $4,362 $519,500 $92,800 $426,700
2020 $4,483 $444,400 $80,500 $363,900
2019 $4,376 $439,400 $80,500 $358,900
2018 $4,857 $413,500 $0 $0
2017 $4,529 $439,300 $0 $0
2016 $4,803 $414,500 $0 $0
2015 -- $414,500 $76,900 $337,600
2014 -- $371,800 $71,100 $300,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6490885

NorthstarMLS

APN: 31-32-23-22-0014