a Berkshire Hathaway affiliate

$300,000

7920 Terrace Road NE, Spring Lake Park, MN 55432


$300,000

Off-Market Date: 10/20/2020

($25,000) 10/2/2020

7920 Terrace Road NE Spring Lake Park, MN 55432

Pending MLS# 5641852

4 beds 2 baths 1,728 sq ft Multi-family

Data current as of {{getLocalTime('2020-10-20T22:52:25Z')}}

Details

MLS# 5641852

Description for 7920 Terrace Road NE, Spring Lake Park, MN, 55432


Rare opportunity! This cash-flowing, side by side duplex is now available! Each unit has 2 bedrooms, 1 bathroom with attached garage. There is an onsite shared laundry room between the units. The property boasts large front and back yards with plenty of shade and lots of off-street parking as well as on street parking. The property is located in a quiet, well maintained neighborhood and is close to many schools, as well as several retail shopping hubs. This is an easy to maintain investment and will be a great addition to any portfolio.

Listing Information


Property Type: Multi-family, Duplex, Side X Side 1 Story

Status: Pending

Bedrooms: 4

Bathrooms: 2

Lot Size: 0.35 Acres

Square Feet: 1,728 sq ft

Year Built: 1958

Foundation: 1,728 sq ft

Garage: Yes

Stories: 1 Story

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Ferndale Add

Builder:

Foundation:

Total Units: 2

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Anoka

Days On Market: 67

HERS Score:

Construction Status: Previously Owned

School Information


District: 16 - Spring Lake Park

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 2

Interior Features


Square Footage above: 1,728 sq ft

Square Footage below:

Flooring:

Basement: None

Accessibility: No Stairs Internal

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Attached Garage

Garage Spaces: 2

Parking Description: Attached Garage, Driveway - Asphalt, Garage Sq Ft - 351

Exterior: Wood, Stucco

Roof: Age 8 Years or Less, Asphalt Shingles

Lot View:

Lot Dimensions: 120 x 129

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Community Amenities: Other

Pets Allowed: No

Association Name:

Unit Information


Number of Units Like This: 1

Monthly Rent: 1290

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Number of Units Like This: 1

Monthly Rent: 1290

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


Hwy 65 to Osborne Rd, West to Terrace, North to property

Financial Considerations


Other Deposit Fees:

Assessments: $48

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays: Taxes,Insurance,Water/Sewer,Maintenance/Repair

Annual Income: $30,960

Ownership Type:

Tax/Property ID: 023024310022

Tax Amount: $3,623

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$350,000 Original Price
$300,000 Current Price
-$50,000 Total Change
Date Price Change
10/1/2020 08:00 PM $300,000 -$25,000
9/2/2020 03:43 PM $325,000 -$25,000
8/15/2020 05:51 PM $350,000

Sales History

Date Price Change
{{sales.saleDateDisplay}} {{sales.saleAmountDisplay}} {{sales.saleAmountChangeDisplay}}
Currently not available.

Tax Summary

Data provided for tax year {{salesHistoryAndTax.taxAssessment.taxYear}}

Estimated Market Value Taxable Market Value Total Tax
{{salesHistoryAndTax.taxAssessment.calculatedTotalValue}} {{salesHistoryAndTax.taxAssessment.assessedTotalValue}} {{salesHistoryAndTax.taxAssessment.taxAmount}}

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

Schools nearby 7920 Terrace Road NE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2020. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings