$425,000

12794 Terrace Ln Little Falls, MN 56345

$5,047
Closing credit¹
4 beds
3 full
3,424 sqft
$124 / sqft
House

Property details

About 12794 Terrace Ln

This stunning home offers brand-new hardwood Sustainably Managed Northern Red oak flooring on the main level, a formal dining room, and a spacious living room. The large kitchen features granite countertops and an inviting eating area, perfect for gatherings. Enjoy cozy nights in the family room with a wood-burning fireplace, or step outside to the beautifully landscaped double-lot yard with a two-tiered deck, built-in hot tub, patios, and a fire pit area! The phenomenal primary suite boasts a custom-built walk-in closet, and several rooms have been updated with new carpets. Additional highlights include a heated garage with a sauna and a bonus room off the garage, ideal for an office, gym, or extra space (unheated). This home is designed for both comfort and entertainment—don’t miss this incredible opportunity!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,424 sqft
BasementYes
Year built1981
ParkingAttached Garage, Concrete, Heated Garage, Insulated Garage
MLS #6691336
Attached garage2 spaces
FireplaceFamily Room, Wood Burning

Virtual tour

Summary

  • MLS Number: 6691336
  • MLS Name: NORTHSTAR
  • Office Name: Edina Realty, Inc.

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Last updated on: 4/13/2025, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring roof with shingles, a garage, brick siding, and concrete driveway

$425,000

12794 Terrace Ln

$5,047

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 02, 2013
Home Sold
$232,000
Jan 04, 2010
Home Sold
$215,000
Sep 04, 2007
Home Sold
$275,000

Tax history

YearAssessmentProperty Tax
2024$373,200$3,070
2023$352,100$3,326
2022$348,800$2,653
2021$262,200$2,651
2020$738,700$2,733
2019$256,200$2,174
2017$174,400$2,174

History based on county public records data.

Nearby schools

3

Lincoln Elementary School

Public District PK-5

1.9 mi

300 6th St SW

7

Lindbergh Elementary School

Public District PK-5

2.6 mi

101 9th St SE

7

Royalton Elementary School

Public District PK-5

9.2 mi

119 N Driftwood St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,126. Residents of Little Falls, MN typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
51%
35k-100k
9%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
32%
35-64 yrs old
39%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • ArbysArbys

What do the neighbors drive?

  • BuickBuick
  • LincolnLincoln
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12794 Terrace Ln

This home is located at 12794 Terrace Ln in Little Falls, MN and zip code 56345. This 3,424 square foot home was built in 1981. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $425,000.

In March 2025 more than 4 listings in Little Falls, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Little Falls, MN between February and March 2025 increased by 24.3%. The median list price of listings available in March 2025 was $240,000, while the average time on the real estate market was 66 days.

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

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