2817 Brookwood Ter in Minneapolis sells for $1.24 million

The home at 2817 Brookwood Ter in Minneapolis sold for $1,239,000 on October 30, 2026. That was 20% above its last recorded sale, $1,030,000 in 2021, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

The record lists Timothy L. Peterson and Laney C. Peterson as sellers. Samual Soule and Jean Soule are listed as buyers.

An aerial photo shows trees covering much of the lot, with other houses around it.

Assessor's records show the home was built in 1928, on a 9,148-square-foot lot. The market value on record is $1,124,500, 10% below the sale price. Listing data shows 4 bedrooms and 3 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $4,212.60 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $3,143.25 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $1,171,564. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $275,000 at closing. That covers the down payment and closing costs.

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