NOT LISTED FOR SALE

7901 Terrace Rd NE Minneapolis, MN 55432

Estimated Value: $290,229 - $338,000

4 Beds
2 Baths
1,547 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 09, 2013

Last sale price $154,000 $100 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,895/month

27 Days on Market

Highlights

  • Corner Lot
  • Woodwork
  • 1-Story Property
  • 3 Car Detached Garage
  • Bathroom on Main Level
  • 2-minute walk to Terrace Park

About This Home

As of October 2013

Very nice rambler with low maint. ext. updated windows, & baths, new SS appliances, hardwood floors. Finished lwr level with fam rm, bedrm, 3/4 bath and plenty of storage. 3 car det garage with additional parking. Across from city park, close to shopping

Last Agent to Sell the Property

Doug Salsberg

Counselor Realty, Inc. Listed on: 08/30/2013

Last Buyer's Agent

Erik Winegarden

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 87x120
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 023024420003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,734

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Natural Woodwork, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.24
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 932
  • Parcel Number: 023024420003
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 11x22, On Level: Main
  • Room 3: Family Room, 11x27, On Level: Lower
  • Room 4: Kitchen, 13x9, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 10x9, On Level: Main
  • Room 7: 11x9, On Level: Main
  • Room 8: Bedroom, 11x11, On Level: Lower
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 942
  • Below Grade Finished Sq Ft: 605
  • Total Fin Square Footage: 1547

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 87x120
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 1957

Tax Info

  • Year: 2013
  • Tax Value: 1734

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Ih3 Property Minnesota L P
Bought by
2017 1 Ih Borroewr L P
Current Estimated Value
$312,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999,713
Outstanding Balance
$832,533,921
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$832,221,864

Purchase Details

Listed on
Aug 30, 2013
Closed on
Oct 7, 2013
Sold by
Pope Spencer
Bought by
Ih3 Property Minnesota Lp
Seller's Agent
Doug Salsberg
Counselor Realty, Inc.
Buyer's Agent
Erik Winegarden
National Realty Guild
List Price
$165,000
Sold Price
$154,000
Premium/Discount to List
-$11,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Apr 9, 2013
Closed on
Apr 29, 2013
Sold by
Ziemer Marie O
Bought by
Pope Spencer
Seller's Agent
Darlene Tucker
Coldwell Banker Burnet
Buyer's Agent
Doug Salsberg
Counselor Realty, Inc.
List Price
$86,900
Sold Price
$99,000
Premium/Discount to List
$12,100
13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.94%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2017 1 Ih Borroewr L P -- None Available
2017 1 Ih Borrower Lp -- None Available
Ih3 Property Minnesota Lp $154,000 Network Title Inc
Pope Spencer $114,151 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 1 Ih Borroewr L P $999,999,713
Closed 2017 1 Ih Borrower Lp $999,999,713
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2013 10/09/13 Sold $154,000 -6.7% $100 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $165,000 +66.7% $107 / Sq Ft
04/29/2013 04/29/13 Sold $99,000 +13.9% $64 / Sq Ft View Prior Sale
04/12/2013 04/12/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $86,900 -- $57 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,013 $257,800 $57,600 $200,200
2024 $3,013 $248,700 $52,400 $196,300
2023 $2,569 $241,800 $63,100 $178,700
2022 $2,718 $239,800 $51,800 $188,000
2021 $2,486 $194,700 $43,200 $151,500
2020 $2,678 $190,000 $46,400 $143,600
2019 $2,541 $192,100 $50,600 $141,500
2018 $2,411 $177,000 $0 $0
2017 $2,340 $157,300 $0 $0
2016 $2,262 $140,900 $0 $0
2015 -- $140,900 $43,200 $97,700
2014 -- $125,100 $42,700 $82,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Darlene Tucker

    Coldwell Banker Burnet

  • D

    Seller's Agent in 2013

    Doug Salsberg

    Counselor Realty, Inc.

  • E

    Buyer's Agent in 2013

    Erik Winegarden

    National Realty Guild

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4528809

REALTOR® Association of Southern Minnesota

APN: 02-30-24-42-0003

Minnesota Anoka County Minneapolis 55432

7901 Terrace Rd NE, Minneapolis, MN

Not Listed for Sale

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