Sold price · Closed Oct 13, 2026
4501 Terracewood Drive, Bloomington, MN, 55437
About this home
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!
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Home facts
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Bath breakdown
- 1 full / 2 3/4
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Cooktop, Dishwasher, Double Oven, Dryer, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
Property
- Levels / stories
- One
- Garage
- 2 spaces · 525 sqft
- Carport
- 1
- Parking features
- Attached Garage, Concrete, Garage Door Opener
- Patio & porch
- Deck, Patio
- Exterior features
- Cement Board, Wood
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Foundation
- Block · 1,357 sqft
- Year built
- 1961
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Southwood Terrace 4th Add
- HOA
- No HOA
- School district
- 271 - Bloomington
- High school district
- Bloomington
Financial & listing details
- Annual tax
- $5,294 (2026)
- Listed
- Sep 3, 2026
- Days on market
- 8
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
4501 Terracewood Drive, Bloomington, MN, 55437
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Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

