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  • $625,000

    1949 E River Ter, Minneapolis, MN 55414

    4beds
    2,258sqft
    Single Family
    Built in 1932
    0.32 Acres Lot
    $625,000 Zestimate®
    $277/sqft
    $2,884 Estimated rent

    Home value

    $625,000

    $581,000 - $669,000

    $2,884/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie P Glass-Yares 612-790-8166,

    Edina Realty, Inc.,

    Gavin Yares 612-229-9193

    Bought with:

    Nicole Goltz

    Realty ONE Group Choice

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078761MLS Logo

    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: $277/sqft
    • Tax assessed value: $517,200
    • Annual tax amount: $7,207
    • Date on market: 5/28/2026
    • Cumulative days on market: 38 days

    Price history

    DateEventPrice
    7/31/2026Sold$625,000+4.2%$277/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078761 Report a problem
    7/6/2026Pending sale$600,000$266/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078761 Report a problem
    5/29/2026Listed for sale$600,000+0%$266/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078761 Report a problem
    11/1/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem
    10/2/2023Price change$599,900-3.2%$266/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem
    9/9/2023Listed for sale$620,000$275/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6422531 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Prospect Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $625,000
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    Estimated market value
    $625,000