8400 Terrace Rd
Spring Lake Park, MN 55432
4 bd 2 ba 1,657 sqft Built 1963 Lot 10,454 sqft single_family
Most recent sale
$275,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $275,000 | MLS #6127797 |
| Mar 18, 2022 | Listed | $259,200 | MLS #6127797 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | — | — | $235,542 | $3,082 |
| 2025 | — | — | $225,187 | $2,757 |
| 2023 | — | — | $245,288 | $2,643 |
| 2022 | — | — | $182,286 | $2,409 |
| 2021 | — | — | $177,599 | $2,669 |
| 2019 | $112,358 | $48,128 | $160,486 | $2,686 |
| 2018 | $101,658 | $41,061 | $142,719 | $2,590 |
| 2017 | $84,912 | $46,362 | $131,274 | $2,448 |
| 2016 | $80,149 | $40,116 | $120,265 | $2,371 |
| 2015 | $78,276 | $38,065 | $116,341 | $2,291 |
| 2014 | $69,255 | $38,475 | $107,730 | $2,353 |
| 2013 | $71,891 | $35,621 | $107,512 | $2,322 |
| 2012 | $79,282 | $49,921 | $129,203 | $2,742 |
| 2011 | $94,100 | $59,300 | $153,400 | $2,132 |
| 2010 | $94,100 | $59,300 | $153,400 | $2,109 |
| 2009 | $110,500 | $69,900 | $180,400 | $2,089 |
| 2008 | $118,900 | $75,200 | $194,100 | $2,298 |
| 2007 | $124,200 | $75,200 | $199,400 | $2,297 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,657 sqft
Lot size
10,454 sqft
ZIP code
55432
City
Spring Lake Park
Street
Terrace Rd
Coordinates
45.12118, -93.25903
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,486
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value
—
Frequently asked questions
When did 8400 Terrace Rd last sell?
8400 Terrace Rd most recently sold on May 2, 2022 for $275,000.
What is the current tax assessment for 8400 Terrace Rd?
The most recent total assessment for 8400 Terrace Rd (year 2026) is $235,542 with $3,082 in property tax.
How does 8400 Terrace Rd's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $275,000.
When was 8400 Terrace Rd built?
8400 Terrace Rd was built in 1963.
How does 8400 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 8400 Terrace Rd?
8400 Terrace Rd is a 4 bed, 2 bath, 1,657 sqft, 10,454 sqft lot single_family.
Is 8400 Terrace Rd a flip candidate?
No — 8400 Terrace Rd does not appear in our flips dataset.
Is 8400 Terrace Rd a tax-appeal candidate?
No — 8400 Terrace Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q2
$350.8K
2026 Q3
$352.2K
ZIP 55432 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Rd