8320 Terrace Rd NE
Minneapolis, MN 55432

View Owner Contact Info

8320 Terrace Rd NE
Minneapolis, MN 55432

View Owner Contact Info
3 bedrooms2 bathrooms1056 sq ftSingle Family Home Neighborhood: Spring Lake Park1 Owner3 Residents

Property Owner Info

Looking for who owns 8320 Terrace Rd NE, Minneapolis MN 55432 and how to contact them? This Single Family Home is owned by Jessica Schmitz. It is currently owner-occupied and has 3 adult residents, including Sara Susick and Mark Schmitz and 1 others. This property is a 1,056 square foot home on a 10,619 square foot lot with 3 bedrooms and 2 bathrooms located in the Spring Lake Park neighborhood of Minneapolis, MN. The Tax Assessor's value of 8320 Terrace Rd NE is $268,500 or $254 per square foot. According to public records, it was most recently sold on 7/17/2018 for $252,000.00. Explore the investment potential of this property, with access to owner and resident contact information, including phone numbers and email addresses.

Property Appreciation

PROPERTY APPRECIATION
The Property Appreciation is a forecast of the appreciated property value over the next 5 years, based on proprietary algorithms and Redfin historical housing market data.
BETA
CURRENT PROPERTY VALUE
The Current Property Value is an estimate of the property's current market value using a proprietary model and factors including property details and comparable sales of nearby homes.

It is not a formal appraisal and should serve only as a starting point for determining a property's value.
$241K
5 Year Estimated Appreciation Forecast
mmmmmView Forecast

The estimated value of the property over 5 years.

ESTIMATED VALUE
The Estimated Value is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and Redfin historical housing market data.
mmmmmView Profits

The estimated future value minus the current value, closing and selling costs, and holding costs over 5 years.

ESTIMATED PROFIT
The Estimated Profit is an estimate of the appreciated property value over the next 5 years, minus the current estimated value, standard 4% closing costs, standard 6% selling fees, and holding costs like property taxes, insurance, and mortgage payments.
$84K

The estimated cost of ownership including property taxes, insurance, and mortgage over 5 years.

HOLDING COSTS
Holding Costs is an estimate of the cost of ownership, including estimated property taxes derived from public data, average insurance cost, and mortgage payments assuming a 25% down payment and market-driven interest rate for a 30-year fixed loan.

All calculations are estimates and provided for informational purposes only. Actual amounts may vary and property data may have been provided by a third party or public records.


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Comparable Homes

Find property comps with similar features to 8320 Terrace Rd NE including bedrooms, bathrooms, location, and square footage in the Minneapolis area.

483 83rd Ave NE
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8321 6th St NE
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467 83rd Ave NE
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474 83rd Ave NE
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3 bedrooms2 bathrooms1,056 sq ft Last Sold: $325,000 in 2023
8351 6th St NE
Minneapolis, MN 55432
2 bedrooms2 bathrooms1,008 sq ft Last Sold: $150,000 in 2019

Property Details
for 8320 Terrace Rd NE

This Single Family Home is a 3 bedroom, 2 bathroom, 1,056 square foot home on a 10,619 square foot lot. It is approximately 59 years old and was built in 1965. According to the Tax Assessor's evaluation, 8320 Terrace Rd NE is valued at $268,500 which is worth $254.26 per square foot. The property information on this page is obtained from public records and other reputable sources. While such information is considered reliable, it is not guaranteed and should be independently verified.

Property Value & Transaction Information

Assessor Estimated Value
$268,500.00
Value Per Sq Ft
$254
Purchase Price
$252,000.00
Purchase Date
July 17, 2018
Mortage Amount
$257,418.00

Property Features

Neighborhood
Spring Lake Park
Bedrooms
3
Bathrooms
2
Property Type
Single Family Home

Interior

Interior Living Sq Ft
1,056 sq ft

Exterior

Lot Size
10,619 sq ft

Parking & Garage

Garage
Garage

Other Information

Year Built
1965
Assessor's Parcel Number (APN)
02-30-24-21-0086

Property Residents

Looking for who lives at 8320 Terrace Rd NE? There are 3 people living at this property.

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Frequently Asked Questions (FAQs) About This Property

Who lives at 8320 Terrace Rd NE, Minneapolis, MN, 55432?

Sara Susick, Mark Schmitz and Jessica Schmitz currently live in 8320 Terrace Rd NE, Minneapolis, MN, 55432, according to public records.

Who owns 8320 Terrace Rd NE, Minneapolis, MN, 55432?

Jessica Schmitz currently owns the home at 8320 Terrace Rd NE, Minneapolis, MN, 55432. This Spring Lake Park property in Minneapolis has been owned for 6 years and 5 months. It is now occupied.

How much is this real estate property worth?

8320 Terrace Rd NE, Minneapolis, MN, 55432 is worth $240,843 according to Whitepages’ estimated current value. This property is valued at $228.07 per square foot.

When was this home built and last sold?

8320 Terrace Rd NE, Minneapolis, MN, 55432 was built in 1965 and last sold on 7/17/2018 for $252,000.00.