12825 Terrace Ln
Little Falls, MN 56345
3 bd 3 ba 2,958 sqft Built 1957 Lot 58,806 sqft single_family
Most recent sale
$529,900
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 12, 2021 | Sold | $529,900 | MLS #6103945 |
| Oct 4, 2021 | Relisted | $519,900 | MLS #6103945 |
| Oct 3, 2021 | Listing removed | $519,900 | GreaterLakes |
| Sep 30, 2021 | Listed | $519,900 | MLS #6103945 |
| Jun 7, 1999 | Sold | $107,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $242,300 | $2,794 |
| 2019 | — | — | $209,300 | $2,518 |
| 2018 | — | — | $209,200 | $2,584 |
| 2017 | — | — | $188,900 | $2,352 |
| 2016 | — | — | $178,400 | $2,078 |
| 2015 | — | — | $178,400 | $2,158 |
| 2014 | — | — | $188,900 | $2,276 |
| 2013 | — | — | $188,900 | $2,422 |
| 2011 | $153,702 | $62,520 | $216,222 | $2,208 |
| 2010 | $153,702 | $62,520 | $216,222 | $2,388 |
| 2006 | — | — | $212,700 | $2,012 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,958 sqft
Lot size
58,806 sqft
ZIP code
56345
City
Little Falls
Street
Terrace Ln
Coordinates
45.94815, -94.38775
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,437
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value
—
Frequently asked questions
When did 12825 Terrace Ln last sell?
12825 Terrace Ln most recently sold on Nov 12, 2021 for $529,900.
What is the current tax assessment for 12825 Terrace Ln?
The most recent total assessment for 12825 Terrace Ln (year 2020) is $242,300 with $2,794 in property tax.
How does 12825 Terrace Ln's assessment compare to its last sale price?
The current assessment is 54.3% below the last sale price of $529,900.
When was 12825 Terrace Ln built?
12825 Terrace Ln was built in 1957.
How does 12825 Terrace Ln compare to others on Terrace Ln?
We track 8 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 12825 Terrace Ln?
12825 Terrace Ln is a 3 bed, 3 bath, 2,958 sqft, 58,806 sqft lot single_family.
Is 12825 Terrace Ln a flip candidate?
No — 12825 Terrace Ln does not appear in our flips dataset.
Is 12825 Terrace Ln a tax-appeal candidate?
No — 12825 Terrace Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$270.8K
2026 Q4
$275.2K
ZIP 56345 — Median Price History + Forecast
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Geography
Other properties on Terrace Ln