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8018 Terrace Rd

Spring Lake Park, MN 55432

3 bd 1 ba 1,293 sqft Built 1956 Lot 10,019 sqft single_family
Most recent sale
$268,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $268,000 MLS #6193623
May 11, 2022 Listed $259,000 MLS #6193623
Oct 25, 2017 Sold $198,000 MLS #4871521
Sep 1, 2017 Listed $198,000 MLS #4871521
Jan 3, 2006 Sold $171,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $160,813 $2,296
2019 $95,413 $49,050 $144,463 $2,111
2018 $95,413 $49,050 $144,463 $1,861
2017 $84,101 $34,420 $118,521 $2,566
2016 $93,300 $48,200 $141,500 $2,575
2015 $88,200 $47,300 $135,500 $2,429
2014 $86,500 $41,200 $127,700 $2,747
2013 $77,400 $55,700 $133,100 $2,443
2012 $67,400 $50,300 $117,700 $2,760
2011 $70,700 $62,000 $132,700 $2,576
2010 $75,400 $62,200 $137,600 $2,132
2009 $93,500 $73,300 $166,800 $2,571
2008 $95,300 $73,300 $168,600 $2,173
2007 $91,600 $70,600 $162,200 $2,032

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,293 sqft
Lot size
10,019 sqft
ZIP code
55432
City
Spring Lake Park
Street
Terrace Rd
Coordinates
45.11408, -93.25899

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,940
Gross rental yield
8.69%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 8018 Terrace Rd last sell?
8018 Terrace Rd most recently sold on Jun 22, 2022 for $268,000.
What is the current tax assessment for 8018 Terrace Rd?
The most recent total assessment for 8018 Terrace Rd (year 2020) is $160,813 with $2,296 in property tax.
How does 8018 Terrace Rd's assessment compare to its last sale price?
The current assessment is 40.0% below the last sale price of $268,000.
When was 8018 Terrace Rd built?
8018 Terrace Rd was built in 1956.
How does 8018 Terrace Rd compare to others on Terrace Rd?
We track 8 other properties on Terrace Rd. Browse the list under "Other properties on Terrace Rd" to compare beds, baths, and sale history.
What are the property facts for 8018 Terrace Rd?
8018 Terrace Rd is a 3 bed, 1 bath, 1,293 sqft, 10,019 sqft lot single_family.
Is 8018 Terrace Rd a flip candidate?
No — 8018 Terrace Rd does not appear in our flips dataset.
Is 8018 Terrace Rd a tax-appeal candidate?
No — 8018 Terrace Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q2
$350.8K
2026 Q3
$352.2K
ZIP 55432 — Median Price History + Forecast

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