NOT LISTED FOR SALE

7240 Teakwood Ln N Maple Grove, MN 55369

Estimated Value: $644,000 - $852,000

3 Beds
4 Baths
2,768 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $382,000 $138 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,501/month

46 Days on Market

Highlights

  • Lake Front
  • 0.81 Acre Lot
  • Vaulted Ceiling
  • Spa
  • Deck
  • Wood Flooring

About This Home

As of April 2013

Get your skis Shined up! Private Cedar Island Lake offers Custom built home on almost 1 acre. This is a Cabin in the City made for Entertainment. Enjoy the lake and surrounding Wildlife. Don't forget get the Heated Garage and Man-Cave!!

Last Agent to Sell the Property

Jesse Olson

Coldwell Banker Burnet Listed on: 02/01/2013

Last Buyer's Agent

Marci Weiche

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 1991

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 75x134x180
  • Lake Front
  • Street terminates at a dead end
  • Partially Fenced Property
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 5 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Crawl Space

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2711922410013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,696

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Hot Tub, Security System, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Balcony, Deck, Fenced Yard - Partial, Hot Tub, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.81
  • Construction: Previously Owned
  • Foundation Size: 1252
  • Mechanicals: Central Vacuum, Electronic Air Filter, Water Softener-Owned
  • Parcel Number: 2711922410013
  • Projected Closed Date: 04/24/2013
  • Stories: Bi-Level Split
  • Taxes With Assessments: 5695.52
  • Comp Dev Subdiv Name: Tom Stark Addn
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 16x16, On Level: Upper
  • Room 2: Dining Room, 20x10, On Level: Upper
  • Room 3: Family Room, 17x21, On Level: Lower
  • Room 4: Kitchen, 12x14, On Level: Upper
  • Room 5: Bedroom, 12x13, On Level: Upper
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Room 7: 15x13, On Level: Lower
  • Room 9: Other, 18x12, On Level: Lower
  • Room 10: Bedroom, 17x12, On Level: Main
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Crawl Space, Full, Walk-out
  • Finished Above Grade Sq Ft: 1748
  • Below Grade Finished Sq Ft: 1020
  • Total Fin Square Footage: 2768

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved, Sidewalk
  • LakeAcres: 81
  • Waterfront Name: Cedar Island
  • Exterior: Brick, Metal, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 5

Utilities

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

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 75x134x180
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2011
  • Tax Value: 5696

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Apr 19, 2013
Sold by
Deutsch Christopher R and Blasius Angela M
Bought by
Johnson Paul and Johnson Meegan
Seller's Agent
Jesse Olson
Coldwell Banker Burnet
Buyer's Agent
Marci Weiche
Edina Realty, Inc.
List Price
$399,900
Sold Price
$382,000
Premium/Discount to List
-$17,900
-4.48%
Total Days on Market
46
Current Estimated Value
$719,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,415
Avg. Annual Appreciation
5.36%
Original Mortgage
$371,387
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2010
Sold by
Pino Dale O and Pino Kerry L
Bought by
Deutsch Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,153
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1996
Sold by
Thompson Andrew L and Thompson Susan L
Bought by
Pino Dale O and Pino Kerry L
Source: Public Records

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Range of Values:

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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
Johnson Paul $370,764 Burnet Title
Deutsch Christopher $378,000 --
Pino Dale O $208,131 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Paul $50,000
Open Johnson Paul $308,000
Closed Johnson Paul $355,000
Closed Johnson Paul $371,387
Previous Owner Deutsch Christopher R $371,153
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $382,000 -4.5% $138 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $399,900 -- $144 / 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
2023 $8,196 $665,600 $310,500 $355,100
2022 $6,835 $657,700 $278,400 $379,300
2021 $6,401 $551,400 $218,400 $333,000
2020 $6,595 $512,800 $198,100 $314,700
2019 $6,323 $506,200 $206,100 $300,100
2018 $6,096 $459,100 $175,000 $284,100
2017 $5,794 $397,200 $145,000 $252,200
2016 $5,667 $383,600 $140,000 $243,600
2015 $5,643 $372,200 $140,000 $232,200
2014 -- $361,200 $154,000 $207,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jesse Olson

    Coldwell Banker Burnet

  • M

    Buyer's Agent in 2013

    Marci Weiche

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4436024

REALTOR® Association of Southern Minnesota

APN: 27-119-22-41-0013

Minnesota Hennepin County Maple Grove 55369

7240 Teakwood Ln N, Maple Grove, MN

This home is located at 7240 Teakwood Ln N, Maple Grove, MN 55369 since 01 February 2013 and is currently estimated at $719,415, approximately $259 per square foot. This property was built in 1991. 7240 Teakwood Ln N is a home located in Hennepin County with nearby schools including Cedar Island Elementary School, Maple Grove Middle School, and Osseo Senior High School.

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