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Single Family ResidentialResidential

1602 TERRACE DR

MINOT, ND 58703
Built 19833 floors12 units955–955 ft²
$1.6M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$134K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$162
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+21.5%vs the Minot ZIP median sale $/ft² ($133)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20142018201920202021202220242025

18 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
11 units
2 bed
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$75K–$75K
1 unit
$128K–$130K
3 units
$132K–$139K
4 units
$145K–$149K
2 units
$154K–$164K
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.100%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.0%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.6.7 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.38%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.60%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$125,094
Median tax billThe middle annual property tax bill among the building's units.$1,550
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

BuildingMay 19, 2025$95,000BuildingSep 13, 2024$105,000Unit 302May 28, 2024$129,000Unit 302Apr 8, 2024$89,000Unit 305Apr 18, 2022$100,000BuildingApr 5, 2022$93,000BuildingFeb 10, 2022$105,000Unit 306Nov 23, 2021$85,300BuildingMay 18, 2020$43,000BuildingFeb 21, 2020$67,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,629 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$56,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$48,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$56,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$113,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyWard

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Longfellow Elementary SchoolC-
Elementary · Grades KG–5 · 0.6 mi
H
Minot North High SchoolD+
High · Grades 9–12 · 0.8 mi
M
Erik Ramstad Middle SchoolB
Middle · Grades 6–8 · 1.6 mi

District: Minot Public School District 1

Neighborhood · ZIP 58703These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.23,507
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.150 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,182
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,402
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.18 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1602 Terrace Dr
$112K
1602 Terrace Dr
2 bd · 1 ba · 955 ft²
$128K
1602 Terrace Dr
$126K
1602 Terrace Dr
$132K
1602 Terrace Dr
$128K
1602 Terrace Dr
$122K
1602 Terrace Dr Apt 101
$75K
1602 Terrace Dr Apt 103
$133K
1602 Terrace Dr Apt 104
$134K
1602 Terrace Dr Apt 201
$130K
1602 Terrace Dr Apt 202
$130K
1602 Terrace Dr Apt 203
$139K
1602 Terrace Dr # 205
2 bd · 1 ba · 955 ft²
$154K
1602 Terrace Dr Apt 206
$149K
1602 Terrace Dr Apt 302
$164K
1602 Terrace Dr Apt 304
$145K
1602 Terrace Dr Apt 305
$132K
1602 Terrace Dr Apt 306
$128K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1602 Terrace Dr

How many units are in 1602 Terrace Dr, Minot, ND?

1602 Terrace Dr, Minot, ND has 12 residential units across 3 floors, built in 1983, according to county assessor records.

What is a unit at 1602 Terrace Dr, Minot, ND worth?

The median TopHap Estimate across the 12 units at 1602 Terrace Dr, Minot, ND is $133,902. That works out to $162 per square foot. Units run from 955 to 955 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1602 Terrace Dr, Minot, ND expensive for Minot?

Units at 1602 Terrace Dr, Minot, ND carry a median of $162 per square foot, 22% above the Minot median of $133 per square foot.

How often do units sell at 1602 Terrace Dr, Minot, ND?

0 units at 1602 Terrace Dr, Minot, ND sold in the last 12 months, out of 18 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 1602 Terrace Dr, Minot, ND appreciated?

Across 3 repeat sales of the same unit, 1602 Terrace Dr, Minot, ND returned a median 6.9% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.2 years.

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