NOT LISTED FOR SALE

7387 Old Mill Rd Hugo, MN 55038

Estimated Value: $590,000 - $696,390

5 Beds
3.5 Baths
3,332 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 30, 2025

Last sale price $695,000 $209 Per Sq Ft

133 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake Front
  • 50,094 Sq Ft lot
  • Centerville Elementary School Rated A-
  • Home fronts a creek
  • Family Room with Fireplace

About This Home

As of September 2025

Access to Peltier Lake and Centennial Schools! Welcome to 7387 Old Mill Road—a beautifully maintained, custom two-story home on a private 1.15-acre lot in one of Centerville’s most desirable neighborhoods. Enjoy direct access to Peltier Lake and your own private pond, perfect for birdwatching and peaceful nature views right from your backyard.

Built in 2014 with a recently finished walkout basement, this home offers over five bedrooms, four bathrooms, and spacious, light-filled living areas. Highlights include black stainless appliances, two gas fireplaces, vaulted ceilings in the three-car garage, and a dedicated main-floor office with French doors.

Upstairs features four bedrooms, including a luxurious primary suite with spa bath and walk-in closet. The lower level includes a steam shower, bonus room, wet bar rough-in, and generous storage.

Close to parks, trails, and daily conveniences—this home blends natural beauty with suburban comfort.

This is more than a home, it is a lifestyle.

Last Agent to Sell the Property

Michael Smith

Anderson Realty Listed on: 04/28/2025

Co-Listed By

Rebekah Cook

Anderson Realty

Last Buyer's Agent

Jay Stohl

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,131

Year Built

  • Built in 2014

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 100x515x454x139
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a channel
  • Lake Front
  • Irregular Lot
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Clearwater Creek Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 143122310059

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,131

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2432
  • Water Body Name: Peltier
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3332
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 900
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Laundry, Study, Bedroom 1, Bedroom 2, Walk In Closet, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Family Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • PatioPorchType: Patio
  • LakeChain: Y
  • Lake Chain Acreage: 2611
  • Lake Chain Name: Rice Creek

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Satelite Dish,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Centennial
  • SchoolDistrictPhone: 763-792-6000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x515x454x139
  • Lot Size Sq Ft: 50094
  • Land Lease: No
  • Lot Features: Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 143122310059
  • Tax Annual Amount: 8131
  • TaxWithAssessments: 8131.0000

Multi Family

  • WaterfrontFeatures: Channel Shore, Creek/Stream, Deeded Access, Lake Front, Lake View, Other, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Dec 12, 2014
Sold by
Darmic Custom Homes & Remodelers Inc
Bought by
Pederson Lori A
Seller's Agent
Donna Kohs
RE/MAX Results
Buyer's Agent
Donna Kohs
RE/MAX Results
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$419,840
Outstanding Balance
$322,423
Interest Rate
3.99%
Mortgage Type
VA
Estimated Equity
$344,425
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Pederson Lori A $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Lori A $419,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $695,000 0.0% $209 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
09/02/2025 09/02/25 Price Changed $695,000 -5.8% $209 / Sq Ft
08/15/2025 08/15/25 Price Changed $738,000 +0.4% $221 / Sq Ft
07/23/2025 07/23/25 For Sale $735,000 +5.8% $221 / Sq Ft
07/22/2025 07/22/25 Off Market $695,000 -- --
07/18/2025 07/18/25 Price Changed $735,000 -1.8% $221 / Sq Ft
06/16/2025 06/16/25 Price Changed $748,500 -3.4% $225 / Sq Ft
06/05/2025 06/05/25 Price Changed $775,000 -1.3% $233 / Sq Ft
05/08/2025 05/08/25 For Sale $785,000 +12.9% $236 / Sq Ft
05/08/2025 05/08/25 Off Market $695,000 -- --
05/01/2025 05/01/25 For Sale $785,000 +91.5% $236 / Sq Ft
12/12/2014 12/12/14 Sold $410,000 0.0% $168 / Sq Ft View Prior Sale
08/19/2014 08/19/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $410,000 +279.6% $168 / Sq Ft
08/04/2014 08/04/14 Sold $108,000 -9.9% $44 / Sq Ft View Prior Sale
07/01/2014 07/01/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $119,900 -- $49 / Sq Ft
Source: NorthstarMLS

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
2025 $504 $32,500 $32,500 $0
2024 $504 $34,200 $34,200 $0
2023 $3 $29,500 $29,500 $0
2022 $1 $200 $200 $0
2021 $1 $100 $100 $0
2020 $2 $100 $100 $0
2019 $2 $100 $100 $0
2018 $2 $100 $0 $0
2017 $2 $100 $0 $0
2016 $2 $100 $0 $0
2015 $1 $100 $100 $0
2014 -- $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6711354

NorthstarMLS

APN: 14-31-22-31-0059