Located in the highly sought-after Prospect Park neighborhood on East River Terrace, this wonderful home truly has it all. The main floor features a family room, formal dining room, and an open kitchen with a center island—perfect for everyday living and entertaining. Enjoy the generous living room with a cozy fireplace, along with a charming three-season porch.
Upstairs, you’ll find four bedrooms conveniently located on the second floor. The quaint lower-level family room offers additional living space and a second fireplace. Outside, the beautifully landscaped front yard and large backyard provide plenty of room to relax and play. A two-car detached garage adds convenience and extra storage.
Located just half a block from East River Road, this home offers easy access to the river, trails, and outdoor recreation. Walk or bike to the University of Minnesota, neighborhood shops, and restaurants. A truly convenient location in one of Minneapolis’s most desirable neighborhoods.
Pending
$600,000
1949 E River Ter, Minneapolis, MN 55414
4beds
2,258sqft
Single Family
Built in 1932
0.32 Acres Lot
$586,600 Zestimate®
$266/sqft
$-- HOA
What's special
- 42 days |
- 1,236 |
- 84 |
Zillow last checked:
Listing updated:
Listed by:
Julie P Glass-Yares 612-790-8166,
Edina Realty, Inc.,
Gavin Yares 612-229-9193
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 16x11
Bedroom 2
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 4
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Other
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Family room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Flex room
- Level: Basement
- Area: 48 Square Feet
- Dimensions: 8x6
Informal dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14x9
Living room
- Level: Main
- Area: 299 Square Feet
- Dimensions: 23x13
Utility room
- Level: Basement
- Area: 198 Square Feet
- Dimensions: 18x11
Heating
- Hot Water
Cooling
- Ductless Mini-Split
Features
- Basement: Block,Drain Tiled,Full,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Brick, Family Room, Living Room
Interior area
- Total structure area: 2,703
- Total interior livable area: 2,258 sqft
- Finished area above ground: 2,000
- Finished area below ground: 258
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (25x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed, Screened, Side Porch
Lot
- Size: 0.32 Acres
- Dimensions: 75 x 184
Details
- Foundation area: 703
- Parcel number: 3102923110052
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mississippi Park Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $517,200
- Annual tax amount: $7,207
- Date on market: 5/28/2026
- Cumulative days on market: 42 days
Estimated market value
$586,600
$557,000 - $616,000
$3,123/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Pending sale | $600,000$266/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7078761 Report a problem | ||
| 5/29/2026 | Listed for sale | $600,000+0%$266/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7078761 Report a problem | ||
| 11/1/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem | ||
| 10/2/2023 | Price change | $599,900-3.2%$266/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem | ||
| 9/9/2023 | Listed for sale | $620,000$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,207 +8.8% | $517,200 +6.2% |
| 2024 | $6,622 +9.4% | $487,000 -3.8% |
| 2023 | $6,052 -0.8% | $506,000 +10% |
| 2022 | $6,098 +1.6% | $460,000 +4.5% |
| 2021 | $6,000 -7.6% | $440,000 +0.1% |
| 2020 | $6,497 +8.3% | $439,500 |
| 2019 | $6,000 -7.6% | $439,500 +6% |
| 2018 | $6,497 +7.9% | $414,500 +20.7% |
| 2017 | $6,021 +9.5% | $343,500 +15.1% |
| 2016 | $5,501 +1.6% | $298,500 +2.2% |
| 2015 | $5,416 -2.4% | $292,000 +6.2% |
| 2014 | $5,547 -3.3% | $275,000 -5% |
| 2013 | $5,736 -2.9% | $289,500 -4.9% |
| 2012 | $5,909 +8.3% | $304,500 -5% |
| 2011 | $5,455 +10.6% | $320,500 -3% |
| 2010 | $4,932 -10.5% | $330,500 -9% |
| 2009 | $5,509 +7.9% | $363,100 +4.2% |
| 2006 | $5,106 +9.6% | $348,500 +14.7% |
| 2005 | $4,661 +6.1% | $303,900 +15% |
| 2004 | $4,393 +9.9% | $264,300 +12% |
| 2002 | $3,999 -52.6% | $236,000 |
| 2001 | $8,435 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Prospect Park
Nearby schools
GreatSchools rating
- 2/10Pratt Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 4.3 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 3.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Prospect Park
- 1949 E River Ter
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
