SOLD AUG 17, 2026

Sold on Aug 2026

$275,000

•

—

sq ft

7701 Terrace Rd NE, Spring Lake Park, MN 55432

Track this home’s value and nearby sales activity

About this home

Opportunity awaits on this spacious corner lot with incredible outdoor amenities! Set on a beautifully landscaped lot, this property offers a rare combination of space, functionality, and potential. The impressive U-shaped driveway provides easy access and plenty of parking. A standout feature is the large detached 3-car garage, complete with a full working bay on one end—perfect for mechanics, hobbyists, woodworkers, or anyone needing dedicated workspace. The workshop bay includes a new heater, making it comfortable to use year-round. An additional large storage shed offers even more room for tools, equipment, or seasonal storage. The home features 2 bedrooms and 2 bathrooms and offers a great opportunity for buyers looking to build equity. While the home is in need of cosmetic updates and modernization, it has been priced accordingly, making it an excellent value for those ready to make it their own. If you've been searching for a property with exceptional outdoor space, abundant garage and workshop options, and endless potential, this is one you won't want to miss. Bring your vision and transform this property into something truly special!

Single-familyProperty Type

1953Year Built

0.46 acresLot Size

3 car garageParking

Listed by Michael Olsen • Keller Williams Premier Realty

Listed by Marjorie Weinhagen • Keller Williams Premier Realty

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7103224

Redfin Estimate

$268,850

$6,150 since sold in August 2026$14K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.5% lower than the average sale price ($315K) of 5 comparable homes.

SOLD MAY 29, 2026
$350,000
A
2 beds2 baths— sq ft
123 Talmadge Way NE, Fridley, MN 55432
SOLD JUL 15, 2026
$279,900
B
3 beds2 baths— sq ft
740 Manor Dr NE, Spring Lake Park, MN 55432
SOLD JUN 1, 2026
$345,000
C
3 beds2 baths— sq ft
602 82nd Ave NE, Spring Lake Park, MN 55432
SOLD FEB 12, 2026
$324,900
D
3 beds2 baths— sq ft
7925 6th St NE, Spring Lake Park, MN 55432
SOLD APR 6, 2026
$273,175
E
3 beds2 baths— sq ft
105 75th Way NE, Fridley, MN 55432

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Market trends in 55432, MN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.8%

+0.7% MoM

Median sale price

$340K

$8K MoM

Avg. days on market

16d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$349,900
4 beds2 baths1,965 sq ft
8370 6th St NE, Spring Lake Park, MN 55432
FOR SALE BY OWNER
$549,000
3 beds1 bath1,946 sq ft
567 Rice Creek Ter NE, Fridley, MN 55432
COMING SOON
$568,000
3 beds2 baths2,772 sq ft
165 Hartman Cir NE, Fridley, MN 55432
COMING SOON
$279,900
3 beds2 baths1,042 sq ft
6515 Fridley St NE, Fridley, MN 55432
$335,000
4 beds2 baths1,936 sq ft
1414 76th Ave NE, Fridley, MN 55432
$235,000
2 beds1 bath1,020 sq ft
548 82nd Ave NE, Spring Lake Park, MN 55432
OPEN SUN, 2PM TO 4PM
$325,000
3 beds2 baths1,288 sq ft
6371 Madison St NE, Fridley, MN 55432
OPEN SAT, 11AM TO 1PM
$450,000
3 beds4 baths2,042 sq ft
5486 W Bavarian Pass, Fridley, MN 55432
$299,900
3 beds2 baths1,688 sq ft
221 79th Way NE, Fridley, MN 55432
$365,000
4 beds2 baths1,932 sq ft
413 Rice Creek Blvd NE, Fridley, MN 55432
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Rental estimate

Est. $1,778 per month, based on comparable rentals

Sale and tax history for 7701 Terrace Rd NE

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7103224

Aug 17, 2026

Sold

$275,000

Jul 23, 2026

Pending

—

Jul 2, 2026

Listed

$280,000

NORTHSTARMLS as Distributed by MLS Grid #1248514

May 21, 1997

Listing Removed

—

Mar 4, 1997

Listed

$74,995

NORTHSTARMLS as Distributed by MLS Grid #1085930

May 1, 1995

Listing Removed

—

Oct 20, 1994

Listed

$103,900

NORTHSTARMLS as Distributed by MLS Grid #900146

May 12, 1993

Listing Removed

—

May 12, 1992

Listed

$150,000

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Year

Property tax

Land + Additions

Assessment*

2026

$3,100 (+6.7%)

2025

$2,905 (+120.1%)

2024

$1,320 (+13.2%)

2023

$1,166 (−13.4%)

2022

$1,346 (−18.3%)

2021

$1,648 (−6.4%)

2020

$1,760 (−3.5%)

2019

$1,825 (+0.2%)

2018

$1,822 (+4.1%)

$60,988 + $30,610

$91,598

2017

$1,750 (−3.8%)

$59,685 + $25,482

$85,167

2015

$1,818 (−6.8%)

$59,801 + $25,911

$85,712

2014

$1,950 (−2.7%)

$59,451 + $24,626

$84,077

2013

$2,004

$78,700 + $36,500

$115,200

Public record

Beds

Baths

Stories

Lot width

160 ft.

Lot depth

125 ft.

Lot size

0.46 Acres

Year renovated

1965

Sq. Ft.

656

Year built

1953

Style

Single Family Residential

County

Anoka County

APN

02-30-24-43-0003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Property details

Parking

Parking Information
Parking Features: Gravel, Heated Garage
Garage Spaces: 3
Garage Sq. Ft.: 988

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
Description: 3/4 Basement,Main Floor Full Bath

Room 1 Information
Room Type: Family Room
Room Dimensions: 17x18
Room Level: Lower

Room 2 Information
Room Type: Bedroom
Room Dimensions: 9x11
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 8x10
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 11x16
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 8x11
Room Level: Main

Basement Information
Has Basement
Basement Features: Crawl Space

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Appliances: Dryer, Freezer, Range, Refrigerator, Washer

Exterior

Building Information
Foundation Area: 656

Exterior Features
Exterior Features: Vinyl

Property Information
Above Ground Total Sq. Ft.: 656
Below Ground Total Sq. Ft.: 420
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Workshop, Storage Shed
Above Grade Finished Area: 656
Below Grade Finished Area: 420
Amenities: Main Floor Primary Bedroom,Washer/Dryer Hookup

Lot Information
Lot Features: Corner Lot, Tree Coverage - Medium
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Dimensions: 125x218
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $3,100.34
Tax Year: 2026
Tax With Assessments: $3,100.34

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Spring Lake Park
School District Number: 16
School District Phone: 7637865570

Location Information
Directions: From I-694: Take the University Avenue NE / MN-47 exit. Turn north onto University Avenue, NE. Continue north for about 1.5 miles. Turn right onto Terrace Road, NE. Continue east a short distance to 7701 Terrace Road NE, Fridley, MN 55432-2644
Map Coordinate: 78-D2

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 656
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1965
County: Anoka County
APN: 02-30-24-43-0003

Home facts updated by county records on Jul 30, 2026

Other

Home Information
Living Area: 1076
Living Area Units: Square Feet
Main Level Finished Area: 656
Building Area Total: 1076
Foundation Details: Block
Levels: One

Around this home

Schools

Park Terrace Elementary School

Public PreK-4 • Assigned • 0.7mi

2/10

Westwood Middle School

Public 5-8 • Assigned • 2.1mi

5/10

Spring Lake Park Senior High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Spring Lake Park, MN • 55432

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$256,000 – $310,000

Sell confidently with a local market expert in Spring Lake Park.

Nearby similar homes

FOR SALE BY OWNER

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OPEN SAT, 11AM TO 1PM

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New listings for sale in 55432

OPEN SAT, 11AM TO 1PM

$349,900

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8370 6th St NE, Spring Lake Park, MN 55432

FOR SALE BY OWNER

$549,000

3 beds1 bath1,946 sq ft

567 Rice Creek Ter NE, Fridley, MN 55432

COMING SOON

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165 Hartman Cir NE, Fridley, MN 55432

COMING SOON

$279,900

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6515 Fridley St NE, Fridley, MN 55432

$335,000

4 beds2 baths1,936 sq ft

1414 76th Ave NE, Fridley, MN 55432

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548 82nd Ave NE, Spring Lake Park, MN 55432

OPEN SUN, 2PM TO 4PM

$325,000

3 beds2 baths1,288 sq ft

6371 Madison St NE, Fridley, MN 55432

OPEN SAT, 11AM TO 1PM

$450,000

3 beds4 baths2,042 sq ft

5486 W Bavarian Pass, Fridley, MN 55432

$299,900

3 beds2 baths1,688 sq ft

221 79th Way NE, Fridley, MN 55432

Home values near 7701 Terrace Rd NE

Data from public records.

Address	Redfin Estimate
558 78th Avenue Northeast, Spring Lake Park, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$230,504
554 78th Avenue Northeast, Spring Lake Park, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$234,138

Address	Redfin Estimate
512 78th Avenue Northeast, Spring Lake Park, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$209,210
538 78th Avenue Northeast, Spring Lake Park, MN 2 Beds \| 1 Baths \| 919 Sq. Ft.	$188,429

Address	Redfin Estimate
552 78th Avenue Northeast, Spring Lake Park, MN 2 Beds \| 1 Baths \| 919 Sq. Ft.	$180,795
505 Osborne Road Northeast, Spring Lake Park, MN 2 Beds \| 2 Baths \| 1256 Sq. Ft.	$319,833

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 55432, MN

Homeowner tools

Sale and tax history for 7701 Terrace Rd NE

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55432

Home values near 7701 Terrace Rd NE

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