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Single Family ResidenceResidential
$282,921$230 / 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 Sep 24, 2026

3431 TERRACE LN

MINNEAPOLIS, MN 55422
2
Beds
1.8
Baths
1,232 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1946
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$283K
$259K low$307K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,966 (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.$279,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$113,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$166,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$286,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$279,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
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.1970
Lot (acres)The size of the land the home sits on, from county records.0.23
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Steam
CoolingThe type of cooling or air conditioning in the home.None
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.Lake
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 140 ft²Patio · 140 ft²

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

E
Noble Elementary SchoolC-
Elementary · Grades KG–5 · 0.8 mi
M
Sandburg Middle SchoolD-
Middle · Grades 6–8 · 2.1 mi
H
Armstrong High SchoolB
High · Grades 9–12 · 4.8 mi

District: Robbinsdale Area School District

Neighborhood · ZIP 55422These 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.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.8%
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.28,630
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,307 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,909
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,550
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 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

3431 Terrace Ln 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 74% of homes in Hennepin County
  • Costs less per square foot than 76% of homes in Minneapolis 55422
  • Older than 78% of homes in Minneapolis 55422

What homes are worth in Minneapolis 55422

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

This home
$124K$954K

This home is worth more than 29% of homes in Minneapolis 55422.

How it measures up in Minneapolis 55422

The dot is this home. The mark in the middle is the typical home in Minneapolis 55422.

Estimated value$282,921
CheaperTypical $326,418Pricier

Pricier than 29% of homes nearby

Price per ft²$230
CheaperTypical $275Pricier

Pricier than 24% of homes nearby

Living area1,232 ft²
SmallerTypical 1,244 ft²Bigger

Bigger than 49% of homes nearby

Lot size0.23 ac
SmallerTypical 0.21 acBigger

Bigger than 59% of homes nearby

Year built1946
OlderTypical 1954Newer

Newer than 22% of homes nearby

How 3431 Terrace Ln ranks against every home in each area.
MeasureThis homeMinneapolis 55422Hennepin County
Estimated valuepricier than$282,92129% of homes26% of homes
Price per ft²pricier than$23024% of homes26% of homes
Living areabigger than1,232 ft²49% of homes39% of homes
Lot sizebigger than0.23 ac59% of homes46% of homes
Year builtnewer than194622% of homes23% of homes

About 3431 Terrace Ln

How much is 3431 Terrace Ln, Minneapolis, MN worth?

The TopHap Estimate for 3431 Terrace Ln, Minneapolis, MN is $282,921 as of Sep 24, 2026. The likely range is $258,806 to $307,036. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3431 Terrace Ln, Minneapolis, MN last sell?

3431 Terrace Ln, Minneapolis, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 3431 Terrace Ln, Minneapolis, MN?

3431 Terrace Ln, Minneapolis, MN has 2 bedrooms, 1.8 bathrooms, 1,232 square feet of living space and a 0.23-acre lot.

When was 3431 Terrace Ln, Minneapolis, MN built?

3431 Terrace Ln, Minneapolis, MN was built in 1946, making it 80 years old. It is a ranch home. The building has 1 story.

What schools serve 3431 Terrace Ln, Minneapolis, MN?

3431 Terrace Ln, Minneapolis, MN is assigned to Noble Elementary School (elementary), rated C-; Sandburg Middle School (middle), rated D-; Armstrong High School (high), rated B. All sit in Robbinsdale Area School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3431 Terrace Ln, Minneapolis, MN compare to other homes in Minneapolis 55422?

Among the 10,377 homes in Minneapolis 55422, it is worth more than 29% of them ($282,921 against a typical $326,418), its price per square foot is higher than 24% of them ($230 against a typical $275), it is bigger than 49% of them (1,232 ft² against a typical 1,244 ft²), its lot is bigger than 59% of them (0.23 ac against a typical 0.21 ac) and it is newer than 22% of them (1946 against a typical 1954). 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 3431 Terrace Ln, Minneapolis, MN?

The 2025 property tax bill for 3431 Terrace Ln, Minneapolis, MN was $3,966. The county assessed it at $279,500.

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