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Single Family ResidenceResidential
$298,211$206 / 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 78How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

4541 TERRACEWOOD DR

MINNEAPOLIS, MN 55437
4
Beds
1.8
Baths
1,446 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.
0.37 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
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

$298K
$231K low$365K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,115 (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.$381,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$145,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$236,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$388,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$381,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
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.0.37
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
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 · 392 ft²Patio · 392 ft²Porch · 36 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 SchoolA
High · Grades 9–12 · 1.4 mi
M
Oak Grove Middle SchoolB
Middle · Grades 6–8 · 2.4 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%

Owner Tools

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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

4541 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 less per square foot than 66% of homes in Hennepin County
  • Has a bigger lot than 76% of homes in Minneapolis 55437
  • Older than 81% 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
$118K$786K

This home is worth more than 39% 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$298,211
CheaperTypical $322,702Pricier

Pricier than 39% of homes nearby

Price per ft²$206
CheaperTypical $233Pricier

Pricier than 35% of homes nearby

Living area1,446 ft²
SmallerTypical 1,334 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.37 ac
SmallerTypical 0.28 acBigger

Bigger than 76% of homes nearby

Year built1960
OlderTypical 1969Newer

Newer than 19% of homes nearby

How 4541 Terracewood Dr ranks against every home in each area.
MeasureThis homeMinneapolis 55437Hennepin County
Estimated valuepricier than$298,21139% of homes45% of homes
Price per ft²pricier than$20635% of homes34% of homes
Living areabigger than1,446 ft²60% of homes55% of homes
Lot sizebigger than0.37 ac76% of homes69% of homes
Year builtnewer than196019% of homes41% of homes

About 4541 Terracewood Dr

How much is 4541 Terracewood Dr, Minneapolis, MN worth?

The TopHap Estimate for 4541 Terracewood Dr, Minneapolis, MN is $298,211 as of Aug 30, 2026. The likely range is $231,114 to $365,308. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4541 Terracewood Dr, Minneapolis, MN last sell?

4541 Terracewood Dr, Minneapolis, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 4541 Terracewood Dr, Minneapolis, MN?

4541 Terracewood Dr, Minneapolis, MN has 4 bedrooms, 1.8 bathrooms, 1,446 square feet of living space and a 0.37-acre lot.

When was 4541 Terracewood Dr, Minneapolis, MN built?

4541 Terracewood Dr, Minneapolis, MN was built in 1960, making it 66 years old. The building has 1 story.

What schools serve 4541 Terracewood Dr, Minneapolis, MN?

4541 Terracewood Dr, Minneapolis, MN is assigned to Westwood Elementary School (elementary), rated C-; Jefferson High School (high), rated A; Oak Grove Middle School (middle), rated B. All sit in Bloomington Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4541 Terracewood Dr, Minneapolis, MN compare to other homes in Minneapolis 55437?

Among the 6,418 homes in Minneapolis 55437, it is worth more than 39% of them ($298,211 against a typical $322,702), its price per square foot is higher than 35% of them ($206 against a typical $233), it is bigger than 60% of them (1,446 ft² against a typical 1,334 ft²), its lot is bigger than 76% of them (0.37 ac against a typical 0.28 ac) and it is newer than 19% of them (1960 against a typical 1969). Measured against all of Hennepin County, it is worth more than 45% 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 4541 Terracewood Dr, Minneapolis, MN?

The 2025 property tax bill for 4541 Terracewood Dr, Minneapolis, MN was $5,115. The county assessed it at $381,900.

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