Beautifully renovated rambler with 4 Large Bedrooms, 2 Full Bathrooms, 2 Stall oversized garage, and an outbuilding on a HUGE secluded lot along a creek. This home has seen updates in virtually every room including, new electrical, new windows, new asphalt driveway, new A/C, new flooring, new kitchen, new FULL bathrooms, new family room, additional den/office that can be converted to a 5th bedroom and more! Must come and see, great opportunity to get an updated property at a very affordable price! **Back to market due to county not approving property for specialized business use**
Handyman special. Good bones. Fast Closing to qualified buyer. All living on one level. Detached garage, fenced yard and an additional garage/former owner used a s a studio. Loads of possibilities.
Year
Property tax
Land + Additions
Assessment*
2026
$3,479 (+10.0%)
$115,500 + $170,500
$286,000
2025
$3,162 (+13.5%)
$113,600 + $168,300
$281,900
2024
$2,786 (+2.0%)
$105,000 + $169,700
$274,700
2023
$2,733 (+4.7%)
$90,700 + $179,700
$270,400
2022
$2,610 (+7.8%)
$75,300 + $146,400
$221,700
2021
$2,420 (−0.2%)
$73,000 + $128,300
$201,300
2020
$2,424 (−11.4%)
$73,000 + $128,300
$201,300
2019
$2,735 (+2.5%)
2018
$2,667 (+16.3%)
$52,491 + $89,356
$141,847
2017
$2,294 (−1.4%)
$49,435 + $76,171
$125,606
2015
$2,326 (+5.3%)
$43,764 + $71,705
$115,469
2014
$2,209 (+5.8%)
$35,535 + $62,385
$97,920
2013
$2,088
$42,000 + $81,400
$123,400
Tax history for 8941 Terrace Rd NE
Year
Property tax
Land + Additions
Assessment*
2026
$3,479 (+10.0%)
$115,500 + $170,500
$286,000
2025
$3,162 (+13.5%)
$113,600 + $168,300
$281,900
2024
$2,786 (+2.0%)
$105,000 + $169,700
$274,700
2023
$2,733 (+4.7%)
$90,700 + $179,700
$270,400
2022
$2,610 (+7.8%)
$75,300 + $146,400
$221,700
2021
$2,420 (−0.2%)
$73,000 + $128,300
$201,300
2020
$2,424 (−11.4%)
$73,000 + $128,300
$201,300
2019
$2,735 (+2.5%)
2018
$2,667 (+16.3%)
$52,491 + $89,356
$141,847
2017
$2,294 (−1.4%)
$49,435 + $76,171
$125,606
2015
$2,326 (+5.3%)
$43,764 + $71,705
$115,469
2014
$2,209 (+5.8%)
$35,535 + $62,385
$97,920
2013
$2,088
$42,000 + $81,400
$123,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.35 Acres
Year renovated
1972
Sq. Ft.
932
Year built
1956
Style
Single Family Residential
County
Anoka County
APN
31-31-23-24-0048
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
R-1
Single Family District
The purpose of the Single-Family R-1 District is to allow low density single-family units in developing portions of the city where sanitary sewer and water services are available.