NOT LISTED FOR SALE

7198 Terraceview Ln N Maple Grove, MN 55311

Estimated Value: $759,220 - $882,000

5 Beds
4.5 Baths
4,152 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 01, 2014

Last sale price $625,000 $151 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,120/month

160 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Corner Lot
  • Basswood Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2014

Beautiful new construction with end load garage. Open floor plan with cherry cabinets, real hardwood floors, Huge W/I Pantry and stunning built-ins. 4 Bedrooms up with J&J bath, plus a 3/4 Bath off BR4. Completed lower level with wet bar!

Last Agent to Sell the Property

Lori Bergeron

RE/MAX Results Listed on: 09/11/2013

Last Buyer's Agent

Jacqueline Day

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 77x147x128
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2811922320072

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.34
  • Construction: Completed New Construction
  • Foundation Size: 1410
  • Parcel Number: 2811922320072
  • Projected Closed Date: 02/27/2014
  • Stories: 2 Story
  • Taxes With Assessments: 1948.82
  • Comp Dev Subdiv Name: Maple Trace
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 2: Dining Room, 12x13, On Level: Main
  • Room 3: Family Room, 18x18, On Level: Main
  • Room 4: Kitchen, 12x14, On Level: Main
  • Room 5: Bedroom, 15x18, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x14, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Upper
  • Room 9: Den/Office, 12x12, On Level: Main
  • Room 10: Family Room, 17x26, On Level: Lower
  • Room 11: Bedroom, 14x11, On Level: Lower
  • Room 12: Other, 10x12, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2986
  • Below Grade Finished Sq Ft: 1166
  • Total Fin Square Footage: 4152

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Cement Board, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 77x147x128
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2013
  • Tax Value: 1949

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2017
Sold by
Wright Mark and Wright Nicole L
Bought by
Doucette Matthew R and Doucette Melissa D
Current Estimated Value
$826,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Outstanding Balance
$416,200
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$410,355

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
Seller's Agent
Lori Bergeron
RE/MAX Results
Buyer's Agent
Jacqueline Day
Edina Realty, Inc.
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
2.44%
Original Mortgage
$400,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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
2024 $9,063 $704,300 $111,400 $592,900
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

  • L

    Seller's Agent in 2014

    Lori Bergeron

    RE/MAX

  • J

    Buyer's Agent in 2014

    Jacqueline Day

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4532838

REALTOR® Association of Southern Minnesota

APN: 28-119-22-32-0072

Minnesota Hennepin County Maple Grove 55311

7198 Terraceview Ln N, Maple Grove, MN

This home is located at 7198 Terraceview Ln N, Maple Grove, MN 55311 since 11 September 2013 and is currently estimated at $826,555, approximately $199 per square foot. This property was built in 2013. 7198 Terraceview Ln N is a home located in Hennepin County with nearby schools including Basswood Elementary School, Maple Grove Middle School, and Maple Grove Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes