NOT LISTED FOR SALE

8015 Terraceview Ln N Osseo, MN 55311

Estimated Value: $637,000 - $706,000

5 Beds
3.5 Baths
3,712 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $500,000 $135 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,456/month

75 Days on Market

Highlights

  • Home fronts a pond
  • Loft
  • Home Office
  • Fernbrook Elementary School Rated A-
  • No HOA
  • 5-minute walk to Crosswinds Park

About This Home

As of September 2019

Meticulously maintained and spacious two story home only minutes from downtown Maple Grove! Property highlights include 4 bedrooms on the upper level, private master suite, neutral decor, main level office and sun room, open concept kitchen, formal dining room, walkout lower level w/ wet bar, huge deck, attached 3 stall garage, invisible fence, irrigation system and a truly one of a kind lot backing to a nature preserve w/ numerous walking/biking trails.

Last Listed By

Josh Pomerleau

JPW Realty Listed on: 05/17/2019

JPW Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,135

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 76x120x138x144
  • Home fronts a pond
  • Property has an invisible fence for dogs

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Finished Basement
  • Drainage System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Timber Creek Of Maple Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2111922320006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,135

Year Built

Built in 1997

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: 1
  • Water Source: City Water/Connected
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2724
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drainage System, Finished
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 3712
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 988
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sun Room, Office, Bar/Wet Bar Room, Loft, Bonus Room

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Invisible
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Local Area Network,Master Bedroom Walk-In Closet,Patio,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictNumber: 279
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 76x120x138x144
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2018
  • Assessor Parcel Number: 2111922320006
  • Tax Annual Amount: 7135
  • TaxWithAssessments: 7135.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 19, 2019
Sold by
King Paul D and Stuber King Linda L
Bought by
Balarezo Sean
Seller's Agent
Josh Pomerleau
JPW Realty
List Price
$544,900
Sold Price
$500,000
Premium/Discount to List
-$44,900
-8.24%
Total Days on Market
75
Current Estimated Value
$678,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,470
Avg. Annual Appreciation
6.00%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Sold by
Contractor Property Development
Bought by
Swansons Homes Northwest Inc

Purchase Details

Closed on
Jun 20, 1997
Sold by
Swanson Homes Northwest Inc
Bought by
King Paul D and Stuber Linda L

Range of Values:

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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
Balarezo Sean $500,000 Edina Realty Title Inc
Swansons Homes Northwest Inc $73,900 --
King Paul D $323,486 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balarezo Sean $401,400
Closed Balarezo Sean $400,000
Previous Owner King Paul D $22,400
Previous Owner King Paul D $402,767
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $500,000 -4.7% $135 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $524,900 -3.7% $141 / Sq Ft
05/17/2019 05/17/19 For Sale $544,900 -- $147 / 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
2023 $8,120 $660,800 $165,400 $495,400
2022 $6,238 $642,300 $133,600 $508,700
2021 $6,651 $511,600 $86,800 $424,800
2020 $6,830 $532,300 $106,300 $426,000
2019 $7,144 $521,200 $105,900 $415,300
2018 $7,135 $515,600 $116,300 $399,300
2017 $6,955 $474,900 $108,000 $366,900
2016 $6,776 $456,100 $95,000 $361,100
2015 $6,868 $449,700 $100,000 $349,700
2014 -- $415,700 $100,000 $315,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5147476

NorthstarMLS

APN: 21-119-22-32-0006