NOT LISTED FOR SALE

8420 Terrace Rd NE Minneapolis, MN 55432

Estimated Value: $321,052 - $343,000

4 Beds
2 Baths
1,608 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $160,000 $100 Per Sq Ft

23 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Eat-In Kitchen
  • Wood Burning Stove
  • 2 Car Attached Garage
  • 4-minute walk to Sanburnol Park

About This Home

As of July 2014

Traditional seller, nice rambler in sought after Spring Lake Park SchoolDistrict, convenient to shopping near bus line. Fenced back yard, hardwood floors. Lots of room to spread out in the 1st floor family room.

Last Agent to Sell the Property

Susan Wurdemann

Real Estate Masters, Ltd Listed on: 05/28/2014

Last Buyer's Agent

Allison Mulcahy

Keller Williams Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 135
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 023024210077

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 471
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 900
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 023024210077
  • Projected Closed Date: 07/11/2014
  • Stories: 1 Story
  • Taxes With Assessments: 2616.09
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, 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, 21x11, On Level: Main
  • Room 3: Family Room, 20'8x11'9, On Level: Main
  • Room 4: Kitchen, 11'1x9, On Level: Main
  • Room 5: Bedroom, 11x8, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Bedroom, 9'9x10'10, On Level: Lower
  • Room 9: Rec Room, 28x11, On Level: Lower
  • Basement Features: Partially Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1200
  • Below Grade Finished Sq Ft: 408
  • Total Fin Square Footage: 1608

Exterior Features

  • Frontage Road: City
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas, Wood
  • Heat: Forced Air, Wood Stove
  • Sewer: City
  • Water: City

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: 80 x 135
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2014
  • Tax Value: 2161

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 11, 2014
Sold by
Roberts John G and Roberts Kathleen M
Bought by
Musse Ali
Seller's Agent
Susan Wurdemann
Real Estate Masters, Ltd
Buyer's Agent
Allison Mulcahy
Keller Williams Integrity NW
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Musse Ali $160,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musse Ali $135,630
Closed Musse Ali $152,000
Previous Owner Roberts Kathleen $166,500
Previous Owner Roberts Kathleen M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $160,000 -5.8% $100 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $169,900 -- $106 / 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 $3,135 $288,100 $64,500 $223,600
2024 $3,135 $278,400 $58,600 $219,800
2023 $2,989 $291,000 $70,600 $220,400
2022 $2,866 $289,400 $58,000 $231,400
2021 $2,759 $234,100 $48,300 $185,800
2020 $2,862 $226,100 $51,900 $174,200
2019 $2,666 $220,900 $56,600 $164,300
2018 $2,561 $202,800 $0 $0
2017 $2,315 $185,500 $0 $0
2016 $2,229 $159,400 $0 $0
2015 $2,126 $159,400 $48,200 $111,200
2014 -- $147,100 $47,500 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4624747

REALTOR® Association of Southern Minnesota

APN: 02-30-24-21-0077