1949 E  River Ter, Minneapolis, MN 55414
Property image
Property image
SOLD
JUL 31, 2026

$625,000

Trulia Estimate
  • 4 Beds
  • 1.5 Baths
  • 2,258 sqft (on 0.32 acres)

1949 E River Ter, Minneapolis, MN 55414

Prospect Park
Est. Refi. Payment $4,024/mo*
Refinance Your Home
Currently Off Market - Sold Jul 31, 2026 for $625,000 (4% above list price)

Home Value

Trulia Estimate
$625K
Since last month
Increased$36K (+6.1%)
Since last year
Increased$104K (+19.9%)
Since last sale
$200 (0%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
September 2026$625K
August 2026$625K
July 2026$589K
June 2026$590K
May 2026$610K
April 2026$507K
March 2026$503K
February 2026$484K
January 2026$473K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$690,000
12/08/25
4
2.5
2,800
0.03
Single-Family Home
$750,000
05/22/26
5
3.5
3,629
0.24
Single-Family Home
$585,000
06/18/26
4
2.5
3,206
0.48
Single-Family Home
$525,000
01/22/26
4
1.5
2,028
0.10
Single-Family Home
$425,000
07/29/26
4
3
1,709
0.16
Single-Family Home
$905,000
07/20/26
4
3.5
3,233
0.20
Single-Family Home
$470,000
02/25/26
3
1.5
2,202
0.21
Single-Family Home
$389,000
08/04/26
3
1
2,184
0.40
Single-Family Home
$480,000
10/23/25
5
2
2,420

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$750,000
5
3.5
3,629
Recently Sold
0.04
$536,900
3
1.5
2,316
Off Market
0.07
$458,700
3
2.5
2,297
Off Market
0.08
$479,100
4
2
1,979
Off Market
0.11
$511,000
4
2
2,414
Recently Sold
0.11
$542,000
7
3
2,674
Recently Sold
0.10
$425,000
4
3
1,709
Recently Sold
0.09
$944,200
7
4
3,868
Off Market
0.10
$366,100
3
2
1,707
Off Market
0.11
$840,100
6
2.5
2,766
Off Market
0.12
$805,800
3
2.5
2,870
Off Market

Local Information

  • Map ViewExplore the area around 1949 E River Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1932
0.32 acre lot
2,258 sqft
$277/sqft
Garage

About this House

Located in the highly sought-after Prospect Park neighborhood on East River Terrace, this wonderful home truly has it all. The main floor features a family room, formal dining room, and an open kitchen with a center island—perfect for everyday living and entertaining. Enjoy the generous living room with a cozy fireplace, along with a charming three-season porch.

Upstairs, you’ll find four bedrooms conveniently located on the second floor. The quaint lower-level family room offers additional living space and a second fireplace. Outside, the beautifully landscaped front yard and large backyard provide plenty of room to relax and play. A two-car detached garage adds convenience and extra storage.

Located just half a block from East River Road, this home offers easy access to the river, trails, and outdoor recreation. Walk or bike to the University of Minnesota, neighborhood shops, and restaurants. A truly convenient location in one of Minneapolis’s most desirable neighborhoods.
1949 E River Ter, Minneapolis, MN 55414 is a 4 bedroom, 2 bathroom, 2,258 sqft single-family home in Prospect Park, built in 1932. It last sold for $625,000 on Jul 31, 2026 (4% above the $600,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $625,000, with a rent estimate of $2,884/month.
Last check for updates: about 13 hours ago
Listed by Julie P Glass-Yares, (612) 790-8166
Edina Realty, Inc.
Gavin Yares, (612) 229-9193
Bought with: Nicole Goltz, (763) 528-0953, Realty ONE Group Choice
Source: NorthstarMLS as distributed by MLS GRID, MLS#7078761

Home Details for 1949 E River Ter

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Drain Tiled,Full,Partially FinishedNumber of Rooms: 12Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Dining Room, Family Room, Flex Room, Informal Dining Room, Kitchen, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2258 Square FeetFoundation Area: 703
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Brick, Family Room, Living RoomHas a Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Enclosed, Screened, Side Porch
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (25x20)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2000 Square FeetFinished Area (below surface): 258 Square Feet

Days on Market

Cumulative Days on Market: 38

Property Information

Year Built
Year Built: 1932
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: Block, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3102923110052

Price & Status

Price
List Price: $600,000Price Per Sqft: $277/sqft
Status Change & Dates
Off Market Date: Mon Jul 06 2026

Location

Direction & Address
City: MinneapolisCommunity: Mississippi Park Add
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 2703 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.32 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7078761Above Grade Unfinished Area: 2000Activation Date: Fri May 29 2026

Price and Tax history

DateEventPrice
Jul 31, 2026
Source: NorthstarMLS as distributed by MLS GRID #7078761
Sold
$625,000
Jul 6, 2026
Source: NorthstarMLS as distributed by MLS GRID #7078761
Pending
$600,000
May 29, 2026
Source: NorthstarMLS as distributed by MLS GRID #7078761
Listed For Sale
$600,000
Nov 1, 2023
Source: NorthstarMLS as distributed by MLS GRID #6422531
ListingRemoved
Oct 2, 2023
Source: NorthstarMLS as distributed by MLS GRID #6422531
PriceChange
$599,900
Price decreased by 3%

Market trends in Minneapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$355K
$10.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$213
$10
MoM
Available listings
1459
6
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Prospect Park

At least 35 Trulia users voted on each feature.
  • 98 % Say it's dog friendly

  • 91 % Say there are sidewalks

  • 70 % Say it's walkable to restaurants

  • 70 % Say streets are well-lit

  • 67 % Say parking is easy

  • 65 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 61 % Say yards are well-kept

  • 60 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 52 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 48 % Say there's wildlife

  • 43 % Say car is needed

  • 43 % Say there are community events

  • 29 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Melissa D.
    "Cars tend to drive fast, I’m not sure what can be done but for your own safety, pay close attention."
  • Arthur T.
    "I think that the area is pretty nice and it is close to the light rail which is great. Honestly I can’t say there are a lot of events in the area"
  • Chenyu702
    "It’s very close to campus and the light rail system which makes it very accessible to the city as well as the university. "
  • Becky H.
    "This neighborhood is on a bus and train line and is close to major highways. Not ideal for traffic noise on the outskirts but certainly accessible."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 23:38:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 1949 E River Ter

  • What is 1949 E River Ter estimated to be worth?
    Trulia's estimated value for 1949 E River Ter in Minneapolis, MN is $625,000.
  • What is the price history for 1949 E River Ter?
    1949 E River Ter in Minneapolis, MN last sold for $625,000 in July 2026.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $355K. That is up $10.67K from the prior month.
  • Does 1949 E River Ter have air conditioning?
    Yes, 1949 E River Ter in Minneapolis, MN has air conditioning.
  • How big is the lot at 1949 E River Ter?
    The lot at 1949 E River Ter in Minneapolis, MN is about 0.32 acres (13,939 sq ft).

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