4020 Terrace Ln
Minnetonka, MN 55305
4 bd 5 ba 5,013 sqft Built 1984 Lot 25,265 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $686,100 | $213,400 | $899,500 | $12,105 |
| 2024 | $696,000 | $213,400 | $909,400 | $11,815 |
| 2023 | $682,600 | $213,400 | $896,000 | $11,494 |
| 2022 | $565,200 | $194,000 | $759,200 | $10,277 |
| 2021 | $595,300 | $184,000 | $779,300 | $10,457 |
| 2020 | $562,500 | $184,000 | $746,500 | $10,502 |
| 2019 | $497,300 | $184,000 | $681,300 | $9,379 |
| 2018 | $468,300 | $175,000 | $643,300 | $9,112 |
| 2017 | $489,700 | $169,700 | $659,400 | $9,494 |
| 2016 | $508,900 | $148,500 | $657,400 | $9,743 |
| 2015 | $474,300 | $150,000 | $624,300 | $9,396 |
| 2014 | $506,900 | $150,000 | $656,900 | $10,613 |
| 2013 | $530,000 | $150,000 | $680,000 | $10,499 |
| 2012 | $538,000 | $150,000 | $688,000 | $10,340 |
| 2011 | $553,200 | $150,000 | $703,200 | $9,946 |
| 2010 | $638,700 | $150,000 | $788,700 | $10,356 |
| 2009 | $698,100 | $150,000 | $848,100 | $10,484 |
| 2008 | $740,400 | $128,900 | $869,300 | $10,486 |
| 2007 | $644,600 | $118,900 | $763,500 | $9,165 |
Property facts
Year built
1984
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
5,013 sqft
Lot size
25,265 sqft
ZIP code
55305
City
Minnetonka
Street
Terrace Ln
Coordinates
44.93101, -93.43815
Comparable properties nearby
Frequently asked questions
When did 4020 Terrace Ln last sell?
No public-record sale is on file for 4020 Terrace Ln.
What is the current tax assessment for 4020 Terrace Ln?
The most recent total assessment for 4020 Terrace Ln (year 2025) is $899,500 with $12,105 in property tax.
When was 4020 Terrace Ln built?
4020 Terrace Ln was built in 1984.
How does 4020 Terrace Ln compare to others on Terrace Ln?
We track 3 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 4020 Terrace Ln?
4020 Terrace Ln is a 4 bed, 5 bath, 5,013 sqft, 25,265 sqft lot single_family.
Is 4020 Terrace Ln a flip candidate?
No — 4020 Terrace Ln does not appear in our flips dataset.
Is 4020 Terrace Ln a tax-appeal candidate?
No — 4020 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
+0.6%
Implied 1-yr
+2.6%
2026 Q3
$610.3K
2026 Q4
$614.1K
ZIP 55305 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ln