NOT LISTED FOR SALE

7545 Territory Pass Lakeville, MN 55044

Estimated Value: $914,000 - $1,054,000

4 Beds
3.5 Baths
3,877 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $850,000 $219 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,060/month

123 Days on Market

Highlights

  • Lake View
  • Built-In Double Oven
  • 3 Car Attached Garage
  • Lake Marion Elementary School Rated A
  • Stainless Steel Appliances
  • Living Room

About This Home

As of September 2024

Executive two story walkout located in the popular Territory development. The Territory boasts an array of amenities: Lodge Park, swimming pool, splash pad, playground, picnic areas, parks, and over 7 miles of walking trails. Residents travel throughout the neighborhood in their personal golf carts. Light fills every area of this open concept home. Solid cherry built-ins and floors grace the main level. Main floor formal dining, living room, office, laundry, mudroom, 1/2 bath, and amazing great room with fireplace and chef’s kitchen. Professional grade stainless steel appliances. Large granite center island with breakfast bar and in kitchen dining. Beautiful primary bedroom with a massive closet, primary bath with dual sinks, large walk-in shower, jetted tub and heated floors. Guest room with 3/4 bath and two additional large bedrooms adjoined by a Jack and Jill full bathroom. Million-dollar lake views from the back of the home. Large maintenance free deck, patio, and fire-pit.

Last Agent to Sell the Property

Jason Zoellner

Edina Realty, Inc. Listed on: 04/11/2024

Edina Realty, Inc.

Last Buyer's Agent

Chris Rooney

RE/MAX Preferred

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,660

Year Built

  • Built in 2007

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 169x223x131x220

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 3,877 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Built-In Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Shared Septic
  • Septic System

Community Details

  • Association fees include professional mgmt, shared amenities
  • Sharper Management Michael Miller Association, Phone Number (952) 224-4777
  • Territory 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040990150

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,660

Year Built

Built in 2007

Lot Details

0

HOA Fees

$290 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 3877
  • Water Body Name: Goose Lake (New Market Twp.) (66003700)
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic,Satellite
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Concrete, Sump Pump, Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 3877
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • Shared Rooms: Amusement/Party Room,Club House,Community Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • Fencing: None
  • PatioPorchType: Composite Decking,Deck,Front Porch,Patio
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Septic System Compliant - Yes, Shared Septic, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 952-224-4777
  • Association Fee: 290
  • Association: Yes

Association/Amenities

  • HOA Management Co: Sharper Management Michael Miller

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 169x223x131x220
  • Lot Size Sq Ft: 33976.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 040990150
  • Tax Annual Amount: 8660
  • TaxWithAssessments: 8660.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Griffith Reid
Bought by
Symington Reg and Symington Brittany
Current Estimated Value
$969,496

Purchase Details

Listed on
Apr 11, 2024
Closed on
Sep 5, 2024
Sold by
Ely Joshua and Ely Yumi
Bought by
Griffith Reid
Seller's Agent
Jason Zoellner
Edina Realty, Inc.
Buyer's Agent
Chris Rooney
RE/MAX Preferred
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Oct 23, 2007
Sold by
Us Home Corp
Bought by
Ely Joshua F and Ely Yumi S

Purchase Details

Closed on
Jan 13, 2005
Sold by
Laurent Development Co Llc
Bought by
Lundgren Brothers Construction Inc
Source: Public Records

Range of Values:

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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
Symington Reg $900,000 None Listed On Document
Griffith Reid $850,000 --
Ely Joshua F $640,000 --
Lundgren Brothers Construction Inc $6,380,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $850,000 -2.9% $219 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $875,000 -2.8% $226 / Sq Ft
04/12/2024 04/12/24 For Sale $900,000 -- $232 / 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 $8,354 $823,400 $231,600 $591,800
2024 $8,660 $776,100 $207,500 $568,600
2023 $8,186 $779,200 $207,500 $571,700
2022 $7,418 $754,200 $193,200 $561,000
2021 $7,116 $648,200 $147,600 $500,600
2020 $7,528 $618,000 $128,400 $489,600
2019 $7,014 $620,700 $128,400 $492,300
2018 $6,684 $0 $0 $0
2016 $5,770 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6495614

NorthstarMLS

APN: 4-099-015-0