220 Terrace Dr
Willmar, MN 56201
4 bd 2 ba 2,200 sqft Built 1960 Lot 8,320 sqft single_family
Most recent sale
$184,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $184,000 | MLS #6236967 |
| Jul 19, 2022 | Listed | $176,000 | MLS #6236967 |
| Jan 3, 2022 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $93,200 | $20,000 | $113,200 | $1,624 |
| 2021 | $82,800 | $20,000 | $102,800 | $1,462 |
| 2020 | $82,800 | $20,000 | $102,800 | $1,446 |
| 2019 | $81,700 | $20,000 | $101,700 | $1,292 |
| 2018 | $71,200 | $19,100 | $90,300 | $1,270 |
| 2017 | $71,400 | $19,100 | $90,500 | $1,304 |
| 2016 | $71,600 | $19,100 | $90,700 | $1,268 |
| 2015 | $73,900 | $19,100 | $93,000 | $1,166 |
| 2014 | $77,700 | $19,100 | $96,800 | $1,190 |
| 2013 | $75,900 | $18,600 | $94,500 | $1,338 |
| 2012 | $78,000 | $18,600 | $96,600 | $1,424 |
| 2011 | $82,100 | $18,600 | $100,700 | $1,026 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,200 sqft
Lot size
8,320 sqft
ZIP code
56201
City
Willmar
Street
Terrace Dr
Coordinates
45.10090, -95.04539
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,104
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 220 Terrace Dr last sell?
220 Terrace Dr most recently sold on Aug 29, 2022 for $184,000.
What is the current tax assessment for 220 Terrace Dr?
The most recent total assessment for 220 Terrace Dr (year 2022) is $113,200 with $1,624 in property tax.
How does 220 Terrace Dr's assessment compare to its last sale price?
The current assessment is 38.5% below the last sale price of $184,000.
When was 220 Terrace Dr built?
220 Terrace Dr was built in 1960.
How does 220 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 220 Terrace Dr?
220 Terrace Dr is a 4 bed, 2 bath, 2,200 sqft, 8,320 sqft lot single_family.
Is 220 Terrace Dr a flip candidate?
Yes — 220 Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 220 Terrace Dr a tax-appeal candidate?
No — 220 Terrace Dr 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
-1.7%
2026 Q3
$232.2K
2026 Q4
$231.2K
ZIP 56201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr