1924 E River Terrace Minneapolis, MN 55414
Prospect Park NeighborhoodEstimated Value: $408,000 - $649,950
3
Beds
2.5
Baths
2,103
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Deck
- Screened Porch
- The kitchen features windows
- No HOA
- Stainless Steel Appliances
- 4-minute walk to Chergosky Park
About This Home
As of October 2023A very special home, just a block off the River. Pristine condition, featuring original architectural elements combined with fantastic updates - all with incredible attention to detail. Stunning kitchen is open to the dining room, flows to the living room which overlooks the backyard. Screened porch leads you outside and to the detached studio space. Three bedrooms upstairs, primary bedroom featuring a walk-in closet and private deck. Updated bathrooms, newly finished lower level, updated mechanicals, electrical, plumbing, kitchen, baths, windows, etc. Detached outbuilding is heated and cooled - perfect for an office, workshop, family room space, or studio. Fabulous location between St. Paul and Minneapolis... Restaurants and shops nearby, within walking distance to the University of Minnesota, the River, and just a few blocks to the light rail. Access to trails for biking, walking, running - just steps out your front door. A rare opportunity for a unique home in fantastic condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,934
Year Built
- Built in 1938
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Insulated Garage
Home Design
- Studio
- Pitched Roof
- Rubber Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Screened Porch
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
- Basement Window Egress
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Mississippi Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3102923120047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 4, 2023
Sold by
Johnson Patrick and Johnson Erin
Bought by
Rice Nathan and Juriga Lindsay
Seller's Agent
Julie Glass-Yares
Edina Realty, Inc.
Buyer's Agent
Laurel Krebsbach
Krebsbach and Associates
List Price
$550,000
Sold Price
$625,000
Premium/Discount to List
$75,000
13.64%
Total Days on Market
3
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,012
Avg. Annual Appreciation
-11.01%
Original Mortgage
$437,500
Outstanding Balance
$430,956
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$84,032
Purchase Details
Closed on
Apr 29, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnson Patrick and Lease Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 18, 2000
Sold by
Mariani Toni N
Bought by
Gilbert Gerald L and Nelson Ashleigh A
Similar Homes in Minneapolis, MN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rice Nathan | $625,000 | None Listed On Document | |
| Johnson Patrick | $218,500 | -- | |
| Gilbert Gerald L | $194,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rice Nathan | $437,500 | |
| Previous Owner | Johnson Patrick H | $490,000 | |
| Previous Owner | Johnson Patrick | $150,000 | |
| Previous Owner | Johnson Patrick | $25,000 | |
| Previous Owner | Johnson Patrick | $20,000 | |
| Previous Owner | Johnson Patrick | $174,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $625,000 | +13.6% | $297 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $550,000 | -- | $262 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,448 | $494,000 | $196,000 | $298,000 |
| 2022 | $6,375 | $451,000 | $169,000 | $282,000 |
| 2021 | $5,952 | $460,000 | $175,000 | $285,000 |
| 2020 | $6,305 | $445,000 | $131,800 | $313,200 |
| 2019 | $5,826 | $435,000 | $122,000 | $313,000 |
| 2018 | $5,401 | $386,000 | $122,000 | $264,000 |
| 2017 | $5,146 | $334,000 | $110,900 | $223,100 |
| 2016 | $4,877 | $290,500 | $110,900 | $179,600 |
| 2015 | $5,108 | $290,500 | $110,900 | $179,600 |
| 2014 | -- | $255,000 | $99,600 | $155,400 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Glass-Yares
Seller's Agent in 2023
Julie Glass-Yares
Edina Realty, Inc.
(612) 790-8166
33 in this area
178 Total Sales
-
Michael Korby
Seller Co-Listing Agent in 2023
Michael Korby
Edina Realty, Inc.
(612) 281-0095
33 in this area
159 Total Sales
-
Laurel Krebsbach
Buyer's Agent in 2023
Laurel Krebsbach
Krebsbach and Associates
(651) 808-4999
1 in this area
32 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6428449
APN: 31-029-23-12-0047
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