NOT LISTED FOR SALE

8431 Terrace Rd NE Minneapolis, MN 55432

Estimated Value: $370,772 - $379,000

4 Beds
3 Baths
2,100 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $197,800 $94 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,367/month

50 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Sanburnol Park

About This Home

As of September 2013

Fabulous house in a very nice neighborhood. Close to shopping and schools. granite counter tops. New bathrooms, carpet, paint, SS appliances, water heater. Nice size bedrooms. Move in ready condition,quick closing possible.

Last Agent to Sell the Property

Ziad Zahran

Choice One Realty Listed on: 06/12/2013

Last Buyer's Agent

Kris Lindahl

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1969

Lot Details

  • 10,454

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 023024120056

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 277
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1100
  • Parcel Number: 023024120056
  • Projected Closed Date: 09/20/2013
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2832
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 4: Kitchen, On Level: Upper
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Upper
  • Room 7: On Level: Lower
  • Room 8: Bedroom, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1050
  • Below Grade Finished Sq Ft: 1050
  • Total Fin Square Footage: 2100

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: getting

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2013
  • Tax Value: 2555

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 20, 2013
Sold by
Alsaadon Muna and Zahran Ziad
Bought by
Wheeler Lowell Randall and Wheeler Phyllis A
Seller's Agent
Ziad Zahran
Choice One Realty
Buyer's Agent
Kris Lindahl
RE/MAX Results
List Price
$214,000
Sold Price
$197,800
Premium/Discount to List
-$16,200
-7.57%
Current Estimated Value
$375,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,457
Avg. Annual Appreciation
5.09%
Original Mortgage
$199,678
Outstanding Balance
$152,335
Interest Rate
4.59%
Mortgage Type
VA
Estimated Equity
$204,874

Purchase Details

Closed on
Dec 26, 2012
Bought by
Alsaadon Muna Muna

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bank Of America National Association
Bought by
Alsaadon Muna

Purchase Details

Closed on
Oct 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 20, 2001
Sold by
Schuett Donald H
Bought by
Thompson John A
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
Wheeler Lowell Randall $197,800 All American Title Company
Alsaadon Muna Muna $112,900 --
Alsaadon Muna $112,875 None Available
Bank Of America Na $4,545 First American
Thompson John A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Lowell Randall $199,678
Previous Owner Thompson John A $244,000
Previous Owner Thompson John A $27,000
Previous Owner Thompson John A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $197,800 -7.6% $94 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $214,000 -- $102 / 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 $3,751 $344,200 $64,500 $279,700
2024 $3,751 $325,700 $58,600 $267,100
2023 $4,032 $351,800 $70,600 $281,200
2022 $3,443 $349,900 $58,000 $291,900
2021 $3,490 $275,400 $48,300 $227,100
2020 $3,750 $278,300 $51,900 $226,400
2019 $3,522 $280,400 $56,600 $223,800
2018 $3,419 $258,500 $0 $0
2017 $3,241 $237,800 $0 $0
2016 $3,140 $212,400 $0 $0
2015 $2,974 $212,400 $48,200 $164,200
2014 -- $153,400 $47,500 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4493836

REALTOR® Association of Southern Minnesota

APN: 02-30-24-12-0056