11 days on rocket

Sale Pending

3424 Park Ter, Minneapolis, MN, 55406

$765,000

Home List Price

$9,084*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,606 SqFt
$294/SqFt
House
Schools Nearby

Location

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3424 Park Ter, Minneapolis$765,000

Buyer Closing Credits

$9,084*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Insulated Garage, Tuckunder Garage
Attached Garage2 spaces
Year Built1932
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6526520
StatusSale Pending
(Pending)

About 3424 Park Ter

Beautifully updated 2-story with ample views of the wilderness park across the street. Just steps to the Mississippi River, this architect-remodeled treasure has an enormous owner's suite with vaulted ceilings and french doors leading to a spacious front deck and large transom (peak) windows. The home is encased in timeless cedar siding. With the side upper deck and the two lower patios, outdoor living at home is realized. The main level is an open concept delight with gleaming oak floors and built-in Cherry wood book shelves and fireplace mantle. The dark granite kitchen island creates a wondrous contrast to the cherry wood cabinets and doors. The finished basement rec room offers a quiet get away for reading, TV, or music. Run, walk, or bike along the river trails and the Grand Rounds enjoy the Minnehaha Falls and nearby trails. The sense of quiet privacy is capped by the low-traffic road, the city park, and the dead-end alley. Enjoy every season.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Living Area: 2,606 SqFt

Listing Office:

  • Office Name: HomeAvenue Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Insulated Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Irregular Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Hiawatha Community School - Howe Campus, Public District Grades 3-5

Other

Directions Information:

  • Directions: From Hiawatha Ave., proceed east on 35th Street East to 47th Ave. So. turn left where it becomes Park Terrace, one half block to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $765,000
  • Price Per SqFt: $294/SqFt

Tax Information:

  • Annual Amount: $7,988
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

3424 Park Ter vs Minneapolis

11 DAYS ON ROCKET

-16 Days

$765,000

+$421.3K More

$294/SqFt

+$92 More

KEY TAKEAWAY

This property is $421.3K more than the Median Sold Price and $92/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6526520

Listing Office:

  • Office Name: HomeAvenue Inc

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Last updated on: 5/7/2024, 6:22:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2004Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,988$570,000
2019$8,646$570,000
2018$8,903$570,000
2017$8,015$518,000

History based on county public records data.

Payment Calculator

$3,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,360

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7724756
4
/10

  • Hiawatha Community School - Howe Campus

  • 3733 43rd Ave S

  • 0.43 miles

  • Public District Grades 3-5

Middle School

school-card-donut-7724757
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 0.35 miles

  • Public District Grades 6-8

High School

school-card-donut-7724758
6
/10

  • South High School

  • 3131 19th Ave S

  • 1.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,740. Residents of Minneapolis, MN typically earn between $100k-200k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3424 Park Ter

What is the listing price of this property?

The listing price of 3424 Park Ter property is $765,000.

What type of property is this?

The property 3424 Park Ter is a house located in Minneapolis, Minnesota, 55406.

Is this property for sale now?

Sale Pending: 3424 Park Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 3424 Park Ter are:
Hiawatha Community School - Howe Campus: GreatSchools Rating 4/10
Sanford Middle School: GreatSchools Rating 5/10
South High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,988 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2004 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3424 Park Ter has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 3424 Park Ter is 2,606 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3424 Park Ter is 1932.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›3424 Park Ter

This home is located at 3424 Park Ter in Minneapolis, MN and zip code 55406 in the Howe neighborhood. This 2,606 square foot home was built in 1932. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $765,000.

Minneapolis, MN housing market in April 2024 saw over 519 listings sold above listed price, more than 228 sold at listed price and over 337 sold below. In April 2024 in Minneapolis, MN there were 15.8% more homes for sale than in March 2024. In April 2024 median list price was $343,683 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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