NOT LISTED FOR SALE

240 Rice Creek Terrace NE Minneapolis, MN 55432

Estimated Value: $370,000 - $385,237

4 Beds
3 Baths
2,632 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $356,000 $135 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,433/month

12 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • The kitchen features windows
  • Recreation Room
  • Home Office
  • 2 Car Attached Garage

About This Home

As of November 2023

Exceptionally well cared for rambler with 4 bedrooms (3 on the main floor) 3 bathrooms and over 2600 finished sq. ft.. Updated kitchen with custom cabinets, shelving, recessed lights, and newer appliances. Newer furnace & Water Heater, Vinyl windows, Custom 3/4 master bathroom, Vaulted living room, South-facing sunroom and back patio, fenced backyard, perennial garden & shed. Huge lower-level family room with a 3-sided fireplace ideal for entertaining and family. Large laundry and storage room with workshop/project potential, Quiet and well-loved neighborhood (only 1 road in), great neighbors, 2 blocks from Rice Creek Regional Trail and Mississippi River Regional Trail (miles of paved walk/ bike trails for hours of exploring/adventures). Walking distance to multiple bus lines, 1 mile from Northstar Commuter Rail station, walking distance to the library and Walgreens. Fridley offers a great small-town community feel while still being only 15-20 minutes from both downtowns.

Last Agent to Sell the Property

Nate Boen

Counselor Realty, Inc. Listed on: 09/28/2023

Counselor Realty, Inc.

Co-Listed By

Amber Boen

Counselor Realty, Inc.

Last Buyer's Agent

Christa Hartig

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 95x120
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Home Office
  • Workroom
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Rice Creek Plaza South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 143024230096

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,234

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1532
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 2632
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1100
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room, Laundry, Work Room, Recreation Room, Office

Beds/Baths

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

Exterior Features

  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Front Porch,Patio,Porch

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 441
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Patio,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Fridley
  • SchoolDistrictNumber: 14
  • SchoolDistrictPhone: 763-502-5001

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 95x120
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 143024230096
  • Tax Annual Amount: 4234
  • TaxWithAssessments: 4234.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 16, 2023
Sold by
Beach Andrew and Beach Sara
Bought by
Atwood Luke and Hazuka Rose
Seller's Agent
Nate Boen
Counselor Realty, Inc.
Buyer's Agent
Christa Hartig
Edina Realty, Inc.
List Price
$344,900
Sold Price
$356,000
Premium/Discount to List
$11,100
3.22%
Views
181
Current Estimated Value
$379,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,412
Avg. Annual Appreciation
3.58%
Original Mortgage
$345,320
Outstanding Balance
$339,868
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$39,544

Purchase Details

Closed on
Aug 8, 2017
Sold by
Smith Dan E and Smith Jessica
Bought by
Beach Andrew C and Beach Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,975
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2015
Sold by
Thomas Denise M
Bought by
Smith Dan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1999
Sold by
Cunningham James M and Cunningham Ardath J
Bought by
Thomas Bradley D and Thomas Denise M

Purchase Details

Closed on
Jun 28, 1996
Sold by
Bollesen Vernon and Bollesen Claire
Bought by
Cunningham James M and Cunningham Ardath J
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
Atwood Luke $356,000 --
Beach Andrew C $250,500 Liberty Title Inc
Smith Dan E $161,000 Liberty Title Inc
Thomas Bradley D $143,000 --
Cunningham James M $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwood Luke $345,320
Previous Owner Beach Andrew C $237,975
Previous Owner Smith Dan E $152,950
Previous Owner Thomas Bradley D $222,323
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $356,000 +3.2% $135 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $344,900 -- $131 / 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 $4,575 $344,800 $78,600 $266,200
2024 $4,575 $336,600 $75,400 $261,200
2023 $4,334 $341,700 $75,400 $266,300
2022 $4,234 $350,000 $72,200 $277,800
2021 $4,146 $297,500 $63,300 $234,200
2020 $3,949 $289,900 $63,300 $226,600
2019 $3,660 $266,400 $60,300 $206,100
2018 $3,474 $249,600 $0 $0
2017 $3,169 $230,300 $0 $0
2016 $3,072 $201,100 $0 $0
2015 $4,013 $201,100 $50,900 $150,200
2014 -- $176,900 $43,900 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6438227

NorthstarMLS

APN: 14-30-24-23-0096