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CondominiumResidential
$273,150$240 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $275,000 on May 14, 2026

1855 TERRACEVIEW LN N

MINNEAPOLIS, MN 55447
Building report
2
Beds
1.8
Baths
1,140 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.64 ac
Lot SizeThe size of the land the home sits on, from county records.
1989
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$273K
$249K low$297K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$275,000 · May 14, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,609 (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.$242,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$32,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$210,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$242,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$242,800

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHENNEPIN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1996
Lot (acres)The size of the land the home sits on, from county records.0.64
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Package
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Waterfront
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 70 ft²Patio · 70 ft²

Transaction History(2)

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

Foreclosure Filings(1)

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

E
Oakwood Elementary SchoolA
Elementary · Grades KG–5 · 1.1 mi
M
West Middle SchoolA+
Middle · Grades 6–8 · 2.6 mi
H
Wayzata High SchoolA+
High · Grades 9–12 · 3.4 mi

District: Wayzata Public School District

Neighborhood · ZIP 55447These 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.74
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.22,307
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,342 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$126,222
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$155,739
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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

How this home compares

1855 Terraceview Ln N measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Minneapolis 55447
  • Costs less per square foot than 74% of homes in Minneapolis 55447
  • Smaller than 78% of homes in Minneapolis 55447
  • Has a bigger lot than 83% of homes in Minneapolis 55447
  • Newer than 77% of homes in Minneapolis 55447

What homes are worth in Minneapolis 55447

Each bar is how many homes fall in that price range. The marker is this home.

This home
$190K$1.1M

This home is worth more than 15% of homes in Minneapolis 55447.

How it measures up in Minneapolis 55447

The dot is this home. The mark in the middle is the typical home in Minneapolis 55447.

Estimated value$273,150
CheaperTypical $468,013Pricier

Pricier than 15% of homes nearby

Price per ft²$240
CheaperTypical $283Pricier

Pricier than 26% of homes nearby

Living area1,140 ft²
SmallerTypical 1,515 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.64 ac
SmallerTypical 0.43 acBigger

Bigger than 83% of homes nearby

Year built1989
OlderTypical 1977Newer

Newer than 77% of homes nearby

How 1855 Terraceview Ln N ranks against every home in each area.
MeasureThis homeMinneapolis 55447Hennepin County
Estimated valuepricier than$273,15015% of homes26% of homes
Price per ft²pricier than$24026% of homes33% of homes
Living areabigger than1,140 ft²22% of homes31% of homes
Lot sizebigger than0.64 ac83% of homes82% of homes
Year builtnewer than198977% of homes74% of homes

About 1855 Terraceview Ln N

How much is 1855 Terraceview Ln N, Minneapolis, MN worth?

The TopHap Estimate for 1855 Terraceview Ln N, Minneapolis, MN is $273,150 as of Oct 21, 2026. The likely range is $248,932 to $297,368. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1855 Terraceview Ln N, Minneapolis, MN last sell?

1855 Terraceview Ln N, Minneapolis, MN last sold on May 14, 2026 for $275,000, according to the county's recorded deed.

How big is 1855 Terraceview Ln N, Minneapolis, MN?

1855 Terraceview Ln N, Minneapolis, MN has 2 bedrooms, 1.8 bathrooms, 1,140 square feet of living space and a 0.64-acre lot.

When was 1855 Terraceview Ln N, Minneapolis, MN built?

1855 Terraceview Ln N, Minneapolis, MN was built in 1989, making it 37 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 1855 Terraceview Ln N, Minneapolis, MN?

1855 Terraceview Ln N, Minneapolis, MN is assigned to Oakwood Elementary School (elementary), rated A; West Middle School (middle), rated A+; Wayzata High School (high), rated A+. All sit in Wayzata Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1855 Terraceview Ln N, Minneapolis, MN compare to other homes in Minneapolis 55447?

Among the 7,051 homes in Minneapolis 55447, it is worth more than 15% of them ($273,150 against a typical $468,013), its price per square foot is higher than 26% of them ($240 against a typical $283), it is bigger than 22% of them (1,140 ft² against a typical 1,515 ft²), its lot is bigger than 83% of them (0.64 ac against a typical 0.43 ac) and it is newer than 77% of them (1989 against a typical 1977). Measured against all of Hennepin County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1855 Terraceview Ln N, Minneapolis, MN?

The 2025 property tax bill for 1855 Terraceview Ln N, Minneapolis, MN was $2,609. The county assessed it at $242,800.

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