1555 E River Terrace Minneapolis, MN 55414
Prospect Park NeighborhoodEstimated payment $3,788/month
Highlights
- Deck
- No HOA
- Stainless Steel Appliances
- Family Room with Fireplace
- Lower Floor Utility Room
- 5-minute walk to Chergosky Park
About This Home
Welcome to this charming 1941 Cape Cod home in prime Minneapolis location, just steps from the riverfront with scenic walking and biking trails, and only minutes to downtown. Set on an oversized 0.27 acre lot, this home offers a rare blend of timeless character, thoughtful updates, and functional living spaces. The main level features a warm, inviting layout with beautiful hardwood floors throughout. A spacious living room with a fireplace and built-ins flows seamlessly into the dining area, also accented with classic built-ins. The fully renovated kitchen is a standout, featuring stainless steel appliances, granite countertops, and smart, efficient design. French doors lead to an adorable screened porch overlooking the expansive backyard, featuring a convenient pass-through serving counter for effortless indoor-outdoor entertaining. Step out to the large deck for outdoor dining and unwind in the hot tub. The main level is completed with a versatile bedroom ideal for a home office or guest space, along with a convenient half bath. Head upstairs and you will find three bedrooms providing comfortable accommodations, including a spacious primary suite with double closets and a beautifully updated private bath featuring a large walk-in shower, double vanity, and custom cabinetry. The primary bedroom also offers direct access to a generous private balcony overlooking the backyard to relax and take in the sunshine. The two additional bedrooms share a full bathroom on this level. The finished lower level expands your living space with a family room featuring a wood-burning fireplace and a newly added egress window for added natural light. Laundry and storage areas complete the lower level. Outside, you will enjoy the lovely landscaping and newer stamped concrete driveway, providing added curb appeal and additional parking. This home has seen numerous improvements throughout so be sure to request the full list of updates, floor plans, and explore the 3D virtual tour. This home offers the perfect blend of classic charm, modern updates, and an unbeatable location. Book your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,984
Year Built
- Built in 1941
Lot Details
- Lot Dimensions are 75x158x75x154
- Partially Fenced Property
Parking
- 1 Car Attached Garage
Home Design
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Lower Floor Utility Room
- Finished Basement
- Basement Window Egress
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Screened Patio
- Rear Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Mississippi Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3002923430029
Map
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 |
|---|---|---|---|---|
| 2024 | $6,885 | $467,000 | $173,000 | $294,000 |
| 2023 | $6,318 | $484,000 | $173,000 | $311,000 |
| 2022 | $6,680 | $458,000 | $152,000 | $306,000 |
| 2021 | $5,979 | $482,000 | $135,000 | $347,000 |
| 2020 | $6,479 | $447,000 | $144,000 | $303,000 |
| 2019 | $5,658 | $447,000 | $139,000 | $308,000 |
| 2018 | $5,176 | $379,000 | $139,000 | $240,000 |
| 2017 | $5,221 | $344,500 | $126,400 | $218,100 |
| 2016 | $5,265 | $301,500 | $126,400 | $175,100 |
| 2015 | $5,512 | $301,500 | $126,400 | $175,100 |
| 2014 | -- | $262,000 | $106,200 | $155,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | Pending | -- | -- | -- |
| 04/29/2026 04/29/26 | Off Market | $585,000 | -- | -- |
| 04/07/2026 04/07/26 | For Sale | $585,000 | -- | $242 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | All American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,750 | New Conventional |
Source: NorthstarMLS
MLS Number: 7047754
APN: 30-029-23-43-0029
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.