This Bank Owned Foreclosed Home is a great investor opportunity. It is tenant occupied and buyer assumes responsibility of occupancy. The price displayed is the Starting Bid amount of $25,000. The property will be sold "As Is", Online Tuesday, November 13 - Sunday, November 18 at www.Auction.com. For more info including Open House dates and to register to bid, click on the link below.
Sold for $230,000
$230,000
8431 Terrace Rd NE, Spring Lake Park, MN 55432
4beds
2baths
2,200sqft
SingleFamily
Built in 1969
10,454 Square Feet Lot
$318,000 Zestimate®
$105/sqft
$2,841 Estimated rent
Home value
$318,000
$286,000 - $347,000
$2,841/mo
Zestimate® history
Owner options
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$2,841/mo
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$2,841/mo
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$1,533/mo
Est. payment
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$1,533/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2.75
Heating
- Forced air
Cooling
- Central
Features
- Has fireplace: No
Interior area
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 023024120056
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Concrete Block
- Roof: Composition
Condition
- Year built: 1969
Community & HOA
Location
- Region: Spring Lake Park
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $344,200
- Annual tax amount: $3,751
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Sold | $230,000+16.3%$105/sqft |
Source: Public Record Report a problem | ||
| 9/20/2013 | Sold | $197,800+691.2%$90/sqft |
Source: | ||
| 11/20/2012 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 11/16/2012 | Price change | $25,000-82.8%$11/sqft |
Source: Auction.com Report a problem | ||
| 11/9/2012 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 6/21/2001 | Sold | $145,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,751 +1.5% | $328,628 +6.5% |
| 2024 | $3,695 -8.4% | $308,463 -10.9% |
| 2023 | $4,032 +18% | $346,222 +0.6% |
| 2022 | $3,419 -2% | $344,151 +30.9% |
| 2021 | $3,490 -6.9% | $262,946 -6.2% |
| 2019 | $3,750 +6.5% | $280,400 +8.5% |
| 2018 | $3,522 +3% | $258,500 +8.7% |
| 2017 | $3,419 +5.5% | $237,800 +12% |
| 2016 | $3,241 +3.2% | $212,400 |
| 2015 | $3,140 +5.6% | $212,400 +38.5% |
| 2014 | $2,974 +5% | $153,400 |
| 2013 | $2,832 -11% | -- |
| 2012 | $3,181 -12.5% | -- |
| 2011 | $3,636 +26.1% | -- |
| 2010 | $2,884 -3.6% | -- |
| 2008 | $2,992 +9.9% | -- |
| 2007 | $2,723 +8.5% | -- |
| 2006 | $2,510 +2.9% | -- |
| 2005 | $2,438 +4.7% | -- |
| 2004 | $2,329 +31.3% | -- |
| 2003 | $1,774 +18.5% | -- |
| 2002 | $1,497 +0.6% | -- |
| 2001 | $1,488 | -- |
Find assessor info on the county website
Neighborhood: 55432
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Nearby schools
GreatSchools rating
- 2/10Park Terrace Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 5/10Westwood Middle SchoolGrades: 5-8Distance: 1.2 mi
- 5/10Spring Lake Park Senior High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$318,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$318,000
- Minnesota
- Anoka County
- Spring Lake Park
- 55432
- 8431 Terrace Rd NE
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