This home served as the perfect Minneapolis retreat for its owner, offering a park-like setting and excelling as a short-term vacation rental, consistently earning 10/10 ratings for its beautiful ambiance in the East River Terrace neighborhood of Prospect Park. The spacious yard beckons a variety of outdoor activities, with a lush, level backyard and a charming café-style patio in the front.
Inside, the home has been tastefully curated to suit contemporary lifestyles. It features a large, bright gourmet kitchen that seamlessly flows into the living room, complemented by a formal dining room and a convenient main-floor bedroom and bathroom. Upstairs, you’ll discover three additional bedrooms, including an exceptional grand owner’s suite boasting a luxurious whirlpool tub, a walk-in shower, double sinks, and a generous walk-in closet. The lower level, with its egress windows and high ceilings, is perfect for gatherings and additional living space.
Located just a block from The Mississippi River, and within close proximity to restaurants, a university, and shopping, this property combines urban convenience with access to beautiful trails to enjoy the beauty that our city has to offer.
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$599,900
1551 E River Ter, Minneapolis, MN 55414
4beds
3,075sqft
Single Family Residence
Built in 1928
7,840 Square Feet Lot
$615,600 Zestimate®
$195/sqft
$3,934 Estimated rent
Home value
$615,600
$560,000 - $677,000
$3,934/mo
Zestimate® history
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List your homeWhat's special
Lush level backyardFormal dining roomLuxurious whirlpool tubPark-like settingDouble sinksLarge bright gourmet kitchenWalk-in shower
Zillow last checked:
Listing updated:
Listed by:
Jason A Papp 612-501-4020,
Coldwell Banker Realty
Bought with:
Abigail C Ball
Keller Williams Realty Integrity
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6633957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Upper
- Area: 96 Square Feet
- Dimensions: 12x8
Bedroom 4
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Primary bathroom
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Lower
- Area: 510 Square Feet
- Dimensions: 34x15
Kitchen
- Level: Main
- Area: 207 Square Feet
- Dimensions: 23x9
Laundry
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 13x12
Living room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Walk in closet
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 16x9
Heating
- Baseboard, Ductless Mini-Split, Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Dryer, Gas Water Heater, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement, Laundry Room
Features
- Basement: Finished,Full
Interior area
- Total structure area: 3,075
- Total interior livable area: 3,075 sqft
- Finished area above ground: 2,100
- Finished area below ground: 975
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
- Details: Garage Dimensions (22x22), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 7,840 Square Feet
- Dimensions: 50 x 160
- Features: Tree Coverage - Medium
Details
- Foundation area: 1050
- Parcel number: 3002923430028
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Prospect Park - East River Road
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $680,300
- Annual tax amount: $9,406
- Date on market: 11/21/2024
- Cumulative days on market: 76 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2025 | Sold | $599,900$195/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6633957 Report a problem | ||
| 12/9/2024 | Pending sale | $599,900$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6633957 Report a problem | ||
| 12/1/2024 | Listed for sale | $599,900-2.4%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6633957 Report a problem | ||
| 11/16/2024 | Listing removed | $614,900-2.4%$200/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 11/1/2024 | Price change | $629,900-3.1%$205/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 10/21/2024 | Price change | $649,900-0.8%$211/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 10/12/2024 | Price change | $654,900-2.2%$213/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 10/4/2024 | Price change | $669,900-1.5%$218/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 9/20/2024 | Listed for sale | $679,900+23.6%$221/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6583932 Report a problem | ||
| 4/2/2021 | Sold | $550,000$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5709780 Report a problem | ||
| 2/17/2021 | Pending sale | $550,000$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5709780 Report a problem | ||
| 2/7/2021 | Price change | $550,000-4.3%$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5709780 Report a problem | ||
| 11/19/2020 | Price change | $575,000-4.2%$187/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5687146 Report a problem | ||
| 8/31/2020 | Price change | $600,000-7.7%$195/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5649827 Report a problem | ||
| 6/17/2020 | Price change | $650,000+4%$211/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5609756 Report a problem | ||
| 3/24/2020 | Price change | $625,000-3.8%$203/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5485868 Report a problem | ||
| 2/21/2020 | Listed for sale | $650,000+31.3%$211/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5485868 Report a problem | ||
| 3/8/2011 | Listing removed | $495,000$161/sqft |
Source: Web Agent Solutions, Inc #3698729 Report a problem | ||
| 2/25/2011 | Listed for sale | $495,000$161/sqft |
Source: Web Agent Solutions, Inc #3698729 Report a problem | ||
| 11/8/2010 | Listing removed | $495,000$161/sqft |
Source: Web Agent Solutions, Inc #3698729 Report a problem | ||
| 8/26/2010 | Listed for sale | $495,000+9.5%$161/sqft |
Source: Web Agent Solutions, Inc #3698729 Report a problem | ||
| 3/29/2010 | Sold | $452,000+72.2%$147/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1542238 Report a problem | ||
| 9/1/2000 | Sold | $262,500+90.9%$85/sqft |
Source: Public Record Report a problem | ||
| 4/30/1997 | Sold | $137,500$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,719 +14% | $680,300 +0% |
| 2024 | $9,406 +16.9% | $680,000 |
| 2023 | $8,044 -10.6% | $680,000 +15.1% |
| 2022 | $9,002 -2.4% | $591,000 -5% |
| 2021 | $9,221 -1.2% | $622,000 -5% |
| 2020 | $9,333 +1.2% | $655,000 +6% |
| 2019 | $9,221 -1.2% | $618,000 +4% |
| 2018 | $9,333 +18.2% | $594,000 +18.3% |
| 2017 | $7,897 +2.1% | $502,000 +13.2% |
| 2016 | $7,736 +9.7% | $443,500 +3.3% |
| 2015 | $7,053 -8.2% | $429,500 +15% |
| 2014 | $7,684 +3.9% | $373,500 -5% |
| 2013 | $7,392 -2.8% | $393,000 -5% |
| 2012 | $7,608 +4.5% | $413,500 -4.9% |
| 2011 | $7,282 +29.5% | $435,000 +12.5% |
| 2010 | $5,621 -11.6% | $386,500 -10.1% |
| 2009 | $6,356 +10.2% | $429,700 +30% |
| 2006 | $5,768 +1.3% | $330,600 +15% |
| 2005 | $5,695 +21.9% | $287,500 +33.5% |
| 2004 | $4,673 +17.6% | $215,300 +13.1% |
| 2002 | $3,975 -39.1% | $190,400 |
| 2001 | $6,523 | -- |
Find assessor info on the county website
Neighborhood: Prospect Park
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Nearby schools
GreatSchools rating
- 2/10Pratt Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 4.1 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$615,600
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Estimated market value
$615,600
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Prospect Park
- 1551 E River Ter
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