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Single Family ResidenceResidential
$361,050$339 / 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 93How 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
Last sold for $287,000 on Nov 21, 2018

4508 TERRACEWOOD DR

MINNEAPOLIS, MN 55437
3
Beds
1.8
Baths
1,066 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.
0.36 ac
Lot SizeThe size of the land the home sits on, from county records.
1959
Year BuiltThe year the home was originally built, according to county records.
1
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

$361K
$336K low$386K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$287,000 · Nov 21, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,915 (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.$368,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$152,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$216,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$357,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$368,400

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.Split Level
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.1986
Lot (acres)The size of the land the home sits on, from county records.0.36
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.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Package
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 256 ft²Patio · 336 ft²

Transaction History(1)

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
Westwood Elementary SchoolC-
Elementary · Grades KG–5 · 0.9 mi
H
Jefferson High SchoolB
High · Grades 9–12 · 1.5 mi
M
Oak Grove Middle SchoolC
Middle · Grades 6–8 · 2.3 mi

District: Bloomington Public School District

Neighborhood · ZIP 55437These 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.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
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.3.7%
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.18,505
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,573 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,509
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,710
Average tempThe average temperature here across a full year.45°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

4508 Terracewood Dr 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.

  • Costs more per square foot than 88% of homes in Minneapolis 55437
  • Smaller than 80% of homes in Minneapolis 55437
  • Has a bigger lot than 76% of homes in Minneapolis 55437
  • Older than 86% of homes in Minneapolis 55437

What homes are worth in Minneapolis 55437

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

This home
$133K$887K

This home is worth more than 49% of homes in Minneapolis 55437.

How it measures up in Minneapolis 55437

The dot is this home. The mark in the middle is the typical home in Minneapolis 55437.

Estimated value$361,050
CheaperTypical $363,321Pricier

Pricier than 49% of homes nearby

Price per ft²$339
CheaperTypical $265Pricier

Pricier than 88% of homes nearby

Living area1,066 ft²
SmallerTypical 1,334 ft²Bigger

Bigger than 20% of homes nearby

Lot size0.36 ac
SmallerTypical 0.28 acBigger

Bigger than 76% of homes nearby

Year built1959
OlderTypical 1969Newer

Newer than 14% of homes nearby

How 4508 Terracewood Dr ranks against every home in each area.
MeasureThis homeMinneapolis 55437Hennepin County
Estimated valuepricier than$361,05049% of homes47% of homes
Price per ft²pricier than$33988% of homes74% of homes
Living areabigger than1,066 ft²20% of homes24% of homes
Lot sizebigger than0.36 ac76% of homes69% of homes
Year builtnewer than195914% of homes40% of homes

About 4508 Terracewood Dr

How much is 4508 Terracewood Dr, Minneapolis, MN worth?

The TopHap Estimate for 4508 Terracewood Dr, Minneapolis, MN is $361,050 as of Sep 24, 2026. The likely range is $335,973 to $386,127. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4508 Terracewood Dr, Minneapolis, MN last sell?

4508 Terracewood Dr, Minneapolis, MN last sold on Nov 21, 2018 for $287,000, according to the county's recorded deed.

How big is 4508 Terracewood Dr, Minneapolis, MN?

4508 Terracewood Dr, Minneapolis, MN has 3 bedrooms, 1.8 bathrooms, 1,066 square feet of living space and a 0.36-acre lot.

When was 4508 Terracewood Dr, Minneapolis, MN built?

4508 Terracewood Dr, Minneapolis, MN was built in 1959, making it 67 years old. It is a split level home. The building has 1 story.

What schools serve 4508 Terracewood Dr, Minneapolis, MN?

4508 Terracewood Dr, Minneapolis, MN is assigned to Westwood Elementary School (elementary), rated C-; Jefferson High School (high), rated B; Oak Grove Middle School (middle), rated C. All sit in Bloomington Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4508 Terracewood Dr, Minneapolis, MN compare to other homes in Minneapolis 55437?

Among the 6,418 homes in Minneapolis 55437, it is worth more than 49% of them ($361,050 against a typical $363,321), its price per square foot is higher than 88% of them ($339 against a typical $265), it is bigger than 20% of them (1,066 ft² against a typical 1,334 ft²), its lot is bigger than 76% of them (0.36 ac against a typical 0.28 ac) and it is newer than 14% of them (1959 against a typical 1969). Measured against all of Hennepin County, it is worth more than 47% 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 4508 Terracewood Dr, Minneapolis, MN?

The 2025 property tax bill for 4508 Terracewood Dr, Minneapolis, MN was $4,915. The county assessed it at $368,400.

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