4501 Terracewood Drive, Bloomington, MN 55437 (MLS# 7133455)


$590,000
4501 Terracewood Drive
Bloomington, MN 55437
MLS# 7133455
Status: Closed
4 beds  |  3 baths  |  2961 sqft


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Property Description
Completely remodeled from top to bottom! The current owners are just the second to own this gem of a property. Kitchen has been opened up to the main living area for abundant light-filled space. First floor family/sunroom is wrapped in windows and walks out to a newer deck. Primary bedroom suite was expanded to include walk-in closet + private primary bath was reconfigured with walk-in shower and double sinks. Remodeled full bath + main floor laundry was added! Completely refinished walkout lower level features all new LVP flooring and is complete with wood burning fireplace, second kitchen, two bedrooms and a 3/4 bath. An additional, spacious workshop, with its own driveway, could service well as a small garage space for hobbies/toys/small business. Outside you'll find a stone patio with firepit. Perched atop city-owned Overlook Pond and park, you get the beauty and fun (walking trail, sledding, ice skating) without any worries about maintaining the land. Newer front patio, convenient circular driveway. Nearby access to the Minnesota River Bottom Trails!

Details
Maps
Documents
Contract Information
Status: Closed
Off Market Date: 2026-09-17
Contingency: None
Current Price: 605000
Closed Date: 2026-10-13
Original List Price: 590000
Sales Close Price: 605000
ListPrice: 590000
List Date: 2026-09-03
Owner is an Agent?: No
Auction?: No
General Property Information
# Carport Spaces: 1
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Other Parking Spaces: 1
Waterfront YN: No
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 3
Bath Full: 1
Bath Three Quarters: 2
Main Floor Total SqFt: 1609
Above Grd Total SqFt: 1609
Below Grd Total SqFt: 1352
Total SqFt: 2961
Total Finished Sqft: 2826.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1357
Garage Stalls: 2
Lot Dimensions: 160x125x149x91
Acres: 0.38
Assessment Pending: No
Location Tax and Other Information
House Number: 4501
Street Name: Terracewood
Street Suffix: Drive
Postal City: Bloomington
County: Hennepin
State: MN
Zip Code: 55437
Complex/Dev/Subdivision: Southwood Terrace 4th Add
Assessments
Tax With Assessments: 5294
Basement
Foundation Dimensions: 51x26
Building Information
Finished SqFt Above Ground: 1609
Finished SqFt Below Ground: 1217
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 525
Public Survey Info
Range#: 24
Section#: 30
Township#: 27
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Deck; Kitchen Window; Main Floor Primary Bedroom; Patio; Primary Bedroom Walk-In Closet; Security System; Walk-In Closet
Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Range; Refrigerator; Washer
Basement: Full; Kitchenette
Bath Description: Main Floor Full Bath; 3/4 Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Informal Dining Room
Exterior: Cement Board; Wood
Family Room Characteristics: Family Room; Main Level
Financing Terms: Conventional
Fireplace Characteristics: Amusement Room; Living Room; Wood Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Lower Level; Main Level
Lot Description: Corner Lot; Tree Coverage - Medium
Parking Characteristics: Garage Door Opener
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary
Stories: One
Water: City Water/Connected
Waterfront Type: Pond
Room Information
Room Name Dimensions Level
Amusement RoomLower
Deck15x11.5Main
Family Room19x13.25Main
First (1st) Bedroom17x13.25Main
Fourth (4th) Bedroom15x11Lower
Informal Dining Room12x9Main
Kitchen11.8x7.8Main
Second Kitchen12x9.5Lower
Living Room17x13.25Main
Second (2nd) Bedroom11x10Main
Third (3rd) Bedroom15x12.25Lower
Other19x13Lower

Listing Office: Keller Williams Realty Integrity Lakes

Last Updated: October - 14 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 17th of October 2026 03:37 AM

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