5 days on Rocket
$3,563 Closing Credit¹
#6708484, Listing Office: Edina Realty, Inc.
$420,000 List price
3428 Park Ter Minneapolis, MN 55406
$4,988
Closing credit¹
4 beds
2 full
1,562 sqft
$269 / sqft
House
Property details
About 3428 Park Ter
Rehab opportunity in OUTSTANDING PARK TERRACE LOCATION! Looks out onto Seven Oaks Park, just 2 blocks to West River Pkwy. Classic floor plan & architectural features. The following information was taken from the City's Inspection Permits site: Boiler 2014. Water Heater 2013. Kasselwood metal roof 2011. 19 full frame Renewal by Anderson Windows 2001. Composite decking over garage (walks out from upper level). Square footage is approximate and agents and buyers should satisfy themselves as to the actual measurements. The following statement appears on page 5 of the Seller's Disclosure Alternatives: "The seller has not lived in this home and thus has little knowledge about anything about the property and gives no warranties or guarantees and is selling As Is."
Highlights
Home typeSingle Family Residence
HeatingSteam
StatusActive
Size1,562 sqft
BasementYes
Year built1931
ParkingAttached Garage, Asphalt, Garage Door Opener
MLS #6714828
Attached garage1 space
FireplaceLiving Room
Summary
- Full Bathrooms: 2
- Appliances: Exhaust Fan, Gas Water Heater, Range, Refrigerator
- Basement: Yes
- Fireplace: Living Room
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Garage Door Opener
- Heating: Steam
- Cooling: None
- List Price: $420,000
- Price/SqFt: $268
- Annual Tax Amount: $5,690
- Tax Year: 2023
- Directions: 2 blks west of W River Pkwy. Park Terr is an extention of 47th Ave, circles Seven Oaks Park between 34th - 35th Streets
- Year Built: 1931
- Living Area: 1,562 SqFt
- MLS Number: 6714828
- MLS Name: NORTHSTAR
- Office Name: Realty Executives Associates
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$420,000
3428 Park Ter
$4,988
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $436,000 | $5,690 |
| 2022 | $389,000 | $5,092 |
| 2021 | $371,000 | $5,094 |
| 2020 | $356,000 | $4,918 |
| 2019 | $350,800 | $5,319 |
| 2018 | $350,800 | $5,481 |
| 2017 | $315,375 | $4,993 |
History based on county public records data.
Nearby schools
6
Hiawatha Community School - Howe Campus
Public District 3-5
0.4 mi
•3733 43rd Ave S
4
Michael Dowling Elementary School
Public Magnet KG-5
0.6 mi
•3900 W River Pkwy
6
Groveland Park Elementary School
Public District PK-5
1.1 mi
•2045 Saint Clair Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $105,740. Most Minneapolis, MN residents have annual incomes between $100k-200k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
9%
<35k
36%
35k-100k
46%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
3%
Single, with Kids
37%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
9%
18-34 yrs old
58%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3428 Park Ter
The listing price of 3428 Park Ter property is $420,000.
The property 3428 Park Ter is a house located in Minneapolis, Minnesota, 55406.
Active Listing: 3428 Park Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3428 Park Ter are: Hiawatha Community School - Howe Campus (GreatSchools Rating 6/10), Michael Dowling Elementary School (GreatSchools Rating 4/10), Groveland Park Elementary School (GreatSchools Rating 6/10), Sanford Community Middle School (GreatSchools Rating 4/10), Bdote Learning Center (GreatSchools Rating 1/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), Hiawatha Collegiate High School (GreatSchools Rating 3/10), Longfellow Alternative (GreatSchools Rating 1/10), Roosevelt Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $5,690 (source: MLS/based on county public records data).
The property at 3428 Park Ter has 4 bedrooms and 2 bathrooms.
The property 3428 Park Ter is 1,562 SqFt (source: MLS/tax record).
The year of construction for 3428 Park Ter is 1931.
This home is located at 3428 Park Ter in Minneapolis, MN and zip code 55406 in the Howe neighborhood. This 1,562 square foot home was built in 1931. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $420,000.
Over 466 listings were sold over their listed price in April 2025 in Minneapolis, MN. In the same period over 261 listings were sold below the listed price and 213 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN increased by 23% between March and April 2025. The median list price of listings available in April 2025 was $354,417, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.