9 days on rocket

1536 River Ter, Minneapolis, MN, 55414

$500,000

Home List Price

$5,938*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,620 SqFt
$309/SqFt
House

Location

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1536 River Ter, Minneapolis$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1940
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #6598642
StatusActive

About 1536 River Ter

First time available in decades, this storybook Colonial is ready for its next steward! This delightful home is full of character and classic charm with its refinished and restored parquet floors, vintage eat-in kitchen and lovely screened porch. The center hall staircase is a showstopper and brings you to the wonderfully appointed 2nd story with 3 spacious bedrooms, charming full bath and a balcony overlooking the backyard. Located in one of Minneapolis' best kept secret neighborhoods, you'll love the tree-lined streets, just a block to the Mississippi River for great trails and recreation, easy access to 94 for commuting and so much more. Come check it out today!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,620 SqFt

Listing Office:

  • Office Name: Anderson Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Pratt Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: W River Pkwy to E Franklin Ave to E River Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $309/SqFt
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$346.6K

Med. Price/SqFt

$202

Avg. Days On Market

26

# of Sold Homes

1065

1536 River Ter vs Minneapolis

9 DAYS ON ROCKET

-17 Days

$500,000

+$153.3K More

$309/SqFt

+$107 More

KEY TAKEAWAY

This property is $153.3K more than the Median Sold Price and $107/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6598642

Listing Office:

  • Office Name: Anderson Realty

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Last updated on: 9/16/2024, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2337014
4
/10

  • Pratt Community School

  • 66 Malcolm Ave SE

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2337015
4
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 1.69 miles

  • Public District Grades 6-8

High School

school-card-donut-2337016
5
/10

  • South High School

  • 3131 19th Ave S

  • 1.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,125. Residents of Minneapolis, MN typically earn between $100k-200k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1536 River Ter

What is the listing price of this property?

The listing price of 1536 River Ter property is $500,000.

What type of property is this?

The property 1536 River Ter is a house located in Minneapolis, Minnesota, 55414.

Is this property for sale now?

Active Listing: 1536 River Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1536 River Ter are:
Pratt Community School: GreatSchools Rating 4/10
Sanford Middle School: GreatSchools Rating 4/10
South High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1536 River Ter has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1536 River Ter is 1,620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1536 River Ter is 1940.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55414›1536 River Ter

This home is located at 1536 River Ter in Minneapolis, MN and zip code 55414 in the Mississippi Park neighborhood. This 1,620 square foot home was built in 1940. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $500,000.

While more than 405 listings in Minneapolis, MN in August 2024 were sold above asking price, there were more than 247 listings sold at asking price, and more than 413 were sold below. The inventory of homes for sale in Minneapolis, MN between July 2024 and August 2024 increased by 2.1%. In August 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $346,653.

From Rocket Homes Real Estate and based on county public records data.

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