Taxes
- Assessed Value: $319,800
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 16-118-22-23-0076
- Assessed Land Value: 35000
- Market Land Value: 35000
- Tax Amount: 3732.58
- Tax Year: 2025
- Market Value: 319800
- Market Year: 2025
3985 Terraceview Ln; Minneapolis, MN Property Details
For Rent
3985 Terraceview Ln N Minneapolis, MN 55446
$500 Listing Price
2 Beds
1.5 Baths
1,661 SqFt
Property Type
TownhouseProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1985
- Purchase Price: $265,000
- Est. Equity / %: $382,000 / 100%
- Gross Yield: 9.537%
- APN: 16-118-22-23-0076
- Situs County: Hennepin
- Length Of Ownership: 20 years
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Other
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Building Quality: C+
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Deck: true
Measurements
- Total: 1,661/SqFt
- Lot: 3,485/SqFt
- Gross: 2,299/SqFt
- Garage: 484/SqFt
- Living: 1,661/SqFt
- Building: 2,145/SqFt
- Ground: 1,661/SqFt
- Price Per Square Foot: $159.54
Legal Description
- Description: LOT 007 BLOCK 001 B PLYMOUTH CREEK 3RD ADDN 50 X 68
Building Insights
Land Information
- Property Type: Townhouse
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Wayzata Public School District
- Lat / Lon: 45.02991 / -93.47948
- Subdivision: Plymouth Creek 3rd Addn
- Property Class: Residential
- County Use Code: Y
Amenities
- Plus Four: 2639
- Cooling: Packaged Unit
- Garage: Attached Garage
- Heating: Space/Suspended
- Parking: 9
HOA
- H O A One: $460
- H O A Amount: $460
- H O A One Frequency: Monthly
- H O A One Name: Plymouth Creek Home Owners Association
- H O A One Type: Home Owner Association
Ownership Info
3985 Terraceview Ln N has no associated ownership info
3985 Terraceview Ln N has no associated ownership info.
Taxes
3985 Terraceview Ln N has 10 associated Taxes items
3985 Terraceview Ln, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $319,800. The APN we've located for 3985 Terraceview Ln is 16-118-22-23-0076.
Unlock the full reportTax History
3985 Terraceview Ln N has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $319,800 | Land Value $35,000 | Improvement Value $284,800 | Tax Amount $3,732.58 | Change Rate +0.022126% | Assessed CR | Tax Rate +0.011672% |
| Year 2024 | Assessed Value $337,900 | Land Value $48,000 | Improvement Value $289,900 | Tax Amount $3,651.78 | Change Rate -0.065726% | Assessed CR | Tax Rate +0.010807% |
| Year 2023 | Assessed Value $367,000 | Land Value $74,000 | Improvement Value $293,000 | Tax Amount $3,908.68 | Change Rate +0.122481% | Assessed CR | Tax Rate +0.01065% |
| Year 2022 | Assessed Value $344,000 | Land Value $75,000 | Improvement Value $269,000 | Tax Amount $3,482.18 | Change Rate +0.014734% | Assessed CR | Tax Rate +0.010123% |
| Year 2021 | Assessed Value $292,000 | Land Value $65,000 | Improvement Value $227,000 | Tax Amount $3,431.62 | Change Rate -0.02549% | Assessed CR | Tax Rate +0.011752% |
| Year 2020 | Assessed Value $289,000 | Land Value $67,000 | Improvement Value $222,000 | Tax Amount $3,521.38 | Change Rate +0.044461% | Assessed CR | Tax Rate +0.012185% |
| Year 2019 | Assessed Value $288,000 | Land Value $100,000 | Improvement Value $188,000 | Tax Amount $3,371.48 | Change Rate +0.135637% | Assessed CR | Tax Rate +0.011707% |
| Year 2018 | Assessed Value $277,000 | Land Value $96,000 | Improvement Value $181,000 | Tax Amount $2,968.8 | Change Rate +0.035739% | Assessed CR | Tax Rate +0.010718% |
| Year 2017 | Assessed Value $238,000 | Land Value $82,000 | Improvement Value $156,000 | Tax Amount $2,866.36 | Change Rate +0.013844% | Assessed CR | Tax Rate +0.012044% |
| Year 2016 | Assessed Value $229,000 | Land Value $79,000 | Improvement Value $150,000 | Tax Amount $2,827.22 | Change Rate +0.035513% | Assessed CR | Tax Rate +0.012346% |
| Year 2015 | Assessed Value $217,500 | Land Value $75,000 | Improvement Value $142,500 | Tax Amount $2,730.26 | Change Rate | Assessed CR | Tax Rate +0.012553% |
| Year 2014 | Assessed Value $212,100 | Land Value $75,000 | Improvement Value $137,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |