Completely remodeled from top to bottom! The current owners are just the second to own this gem of a property. Kitchen has been opened up to the main living area for abundant light-filled space. First floor family/sunroom is wrapped in windows and walks out to a newer deck. Primary bedroom suite was expanded to include walk-in closet + private primary bath was reconfigured with walk-in shower and double sinks. Remodeled full bath + main floor laundry was added! Completely refinished walkout lower level features all new LVP flooring and is complete with wood burning fireplace, second kitchen, two bedrooms and a 3/4 bath. An additional, spacious workshop, with its own driveway, could service well as a small garage space for hobbies/toys/small business. Outside you'll find a stone patio with firepit. Perched atop city-owned Overlook Pond and park, you get the beauty and fun (walking trail, sledding, ice skating) without any worries about maintaining the land. Newer front patio, convenient circular driveway. Nearby access to the Minnesota River Bottom Trails!
Pending
$590,000
4501 Terracewood Dr, Bloomington, MN 55437
4beds
2,826sqft
Single Family
Built in 1961
0.38 Acres Lot
$-- Zestimate®
$209/sqft
$-- HOA
What's special
- 25 days
- 1,482
- 76
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dorothy C Peterson 612-735-9497,
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7133455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 225.25 Square Feet
- Dimensions: 17x13.25
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Level: Lower
- Area: 183.75 Square Feet
- Dimensions: 15x12.25
Bedroom 4
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15x11
Other
- Level: Lower
- Dimensions: 32x.12.5
Deck
- Level: Main
- Area: 172.5 Square Feet
- Dimensions: 15x11.5
Family room
- Level: Main
- Area: 251.75 Square Feet
- Dimensions: 19x13.25
Informal dining room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Kitchen
- Level: Main
- Area: 92.04 Square Feet
- Dimensions: 11.8x7.8
Kitchen 2nd
- Level: Lower
- Area: 114 Square Feet
- Dimensions: 12x9.5
Living room
- Level: Main
- Area: 225.25 Square Feet
- Dimensions: 17x13.25
Walk in closet
- Level: Main
- Area: 90 Square Feet
- Dimensions: 11.25x8
Workshop
- Level: Lower
- Area: 247 Square Feet
- Dimensions: 19x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer
- Laundry: Lower Level, Main Level
Features
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Amusement Room, Living Room, Wood Burning
Interior area
- Total structure area: 2,961
- Total interior livable area: 2,826 sqft
- Finished area above ground: 1,609
- Finished area below ground: 1,217
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Carport spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Waterfront features: Pond
Lot
- Size: 0.38 Acres
- Dimensions: 160 x 125 x 149 x 91
- Features: Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 1357
- Parcel number: 3002724420015
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Southwood Terrace 4th Add
HOA
- Has HOA: No
Location
- Region: Bloomington
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $406,400
- Annual tax amount: $5,294
- Date on market: 9/3/2026
- Cumulative days on market: 20 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Pending sale | $590,000$209/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7133455 Report a problem | ||
| 9/9/2026 | Listed for sale | $590,000+174.4%$209/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7133455 Report a problem | ||
| 5/31/2013 | Sold | $215,000$76/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4354416 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,294 +4.4% | $406,400 +3.2% |
| 2025 | $5,072 +2.3% | $393,900 -1.6% |
| 2024 | $4,959 +1.1% | $400,400 -2.9% |
| 2023 | $4,905 +11% | $412,300 -1.4% |
| 2022 | $4,419 +8.2% | $418,300 +19.5% |
| 2021 | $4,085 -0.9% | $350,000 +6.5% |
| 2020 | $4,121 +0.9% | $328,700 +1.8% |
| 2019 | $4,085 -0.9% | $322,900 +16.2% |
| 2018 | $4,121 +13.9% | $278,000 +10.8% |
| 2017 | $3,618 +11.8% | $250,900 -0.2% |
| 2016 | $3,235 -5.5% | $251,500 +2.7% |
| 2015 | $3,424 -1% | $244,900 +10% |
| 2014 | $3,460 +0.4% | $222,700 -6.2% |
| 2013 | $3,447 +2.7% | $237,500 -3.3% |
| 2012 | $3,355 +1% | $245,600 -2.7% |
| 2011 | $3,321 -2.1% | $252,400 -8.7% |
| 2010 | $3,391 +4.7% | $276,400 -2.7% |
| 2009 | $3,239 +10% | $284,000 +5.1% |
| 2006 | $2,944 +3.1% | $270,300 +6.3% |
| 2005 | $2,854 +10.4% | $254,400 +14.3% |
| 2004 | $2,586 +15% | $222,600 +12% |
| 2002 | $2,249 -37.2% | $198,800 |
| 2001 | $3,581 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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