7198 Terraceview Ln N Maple Grove, MN 55311
Estimated Value: $781,053 - $870,000
5
Beds
4.5
Baths
2,986
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Deck
- Family Room with Fireplace
- Corner Lot
- Basswood Elementary School Rated A-
- Wood Flooring
- 3 Car Attached Garage
About This Home
As of August 2017Former Bergeron model located within the most desired area of Maple Grove. Less than 3 miles from Arbor Lakes Shopping & Restaurants. Tastefully decorated with a spacious open plan. Features extensive millwork detailing, dream kitchen w / oversized granite center island & great room perfect for entertaining. Separate formal dining room. Lower level finished with wet bar, 5th bed & exercise room. Overlooking perfect kid friendly backyard. Turn key ready.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,241
Year Built
- Built in 2013
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 77x147x128x129
- Property is Fully Fenced
- Corner Lot
Parking
- 3 Car Attached Garage
- Heated Garage
Home Design
- Poured Concrete
- Asphalt Shingled Roof
- Shake Siding
- Stone Siding
- Vinyl Siding
- Cement Board or Planked
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Softener Leased
Additional Features
- Air Exchanger
- Deck
Community Details
- Maple Trace Subdivision
Listing and Financial Details
- Assessor Parcel Number 2811922320072
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2017
Closed on
Sep 6, 2017
Sold by
Wright Mark and Wright Nicole L
Bought by
Doucette Matthew R and Doucette Melissa D
Seller's Agent
Aaron Lowe
Compass
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Total Days on Market
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,763
Avg. Annual Appreciation
3.42%
Original Mortgage
$498,000
Outstanding Balance
$424,040
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$372,643
Purchase Details
Listed on
Sep 11, 2013
Closed on
Feb 27, 2014
Sold by
Bergeron Homes & Development
Bought by
Wright Mark and Wright Nicole L
List Price
$634,900
Sold Price
$625,000
Premium/Discount to List
-$9,900
-1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%
Original Mortgage
$400,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2006
Sold by
Laurent Land Development Inc
Bought by
Premier Land Development Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Doucette Matthew R | $622,500 | Custum Home Builders Title | |
| Wright Mark | $625,000 | Home Title | |
| Bergeron Homes & Development | $195,000 | Home Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doucette Matthew R | $498,000 | |
| Previous Owner | Wright Mark | $441,000 | |
| Previous Owner | Wright Mark | $392,560 | |
| Previous Owner | Wright Mark | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2017 08/31/17 | Sold | $615,000 | -1.6% | $206 / Sq Ft |
| 06/26/2017 06/26/17 | Pending | -- | -- | -- |
| 05/05/2017 05/05/17 | For Sale | $625,000 | 0.0% | $209 / Sq Ft |
| 03/01/2014 03/01/14 | Sold | $625,000 | -1.6% | $151 / Sq Ft |
| 02/18/2014 02/18/14 | Pending | -- | -- | -- |
| 09/11/2013 09/11/13 | For Sale | $634,900 | -- | $153 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,741 | $705,000 | $111,400 | $593,600 |
| 2022 | $7,728 | $720,800 | $111,400 | $609,400 |
| 2021 | $7,850 | $613,400 | $105,000 | $508,400 |
| 2020 | $8,272 | $613,000 | $116,300 | $496,700 |
| 2019 | $8,388 | $613,600 | $92,800 | $520,800 |
| 2018 | $8,189 | $590,900 | $119,100 | $471,800 |
| 2017 | $8,241 | $552,100 | $113,000 | $439,100 |
| 2016 | $8,161 | $541,000 | $113,000 | $428,000 |
| 2015 | $7,777 | $507,700 | $103,000 | $404,700 |
| 2014 | -- | $103,000 | $103,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Lowe
Seller's Agent in 2017
Aaron Lowe
Compass
(952) 200-4481
35 in this area
149 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST4825852
APN: 28-119-22-32-0072
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