NOT LISTED FOR SALE

8455 207th St W Lakeville, MN 55044

Estimated Value: $344,000 - $367,404

3 Beds
2 Baths
2,198 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $310,000 $141 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,187/month

11 Days on Market

Highlights

  • Deck
  • No HOA
  • The kitchen features windows
  • Lake Marion Elementary School Rated A
  • Den
  • 3-minute walk to Village Creek Park

About This Home

As of March 2023

Welcome to this lovely home in the highly desirable suburb of Lakeville. Immediately when you walk through the front door, you'll step into the cozy and inviting living space with original hardwood floors. As you walk toward the back of the house you'll enter the kitchen and informal dining room. Kitchen area features a beautiful original built-in buffet, gas stove, and lots of storage space. There are 3 bedrooms on the main level with convenient access to the main floor full bath. Step downstairs into the second large living space, 2 dens, a second full bathroom and laundry/storage room. Step out the back door to the deck area and spacious backyard. Enjoy your 2 car garage with separate insulated work space attached to the back. This home is in the prime location, just blocks away from downtown Lakeville, giving convenient access to restaurants, shops and entertainment. This home is also located a walking distance away from Terrace and Aronson Park. You can't beat this location!

Last Agent to Sell the Property

Jason Huerkamp

Keller Williams Preferred Rlty Listed on: 02/01/2023

Keller Williams Preferred Rlty

Co-Listed By

Elijah Winslow

Keller Williams Preferred Rlty

Last Buyer's Agent

Kami Gerald

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 67x120x75x139

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Park Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 225670002150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,140

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1158
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2198
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1040
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Den, Workshop, Laundry, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • PoolFeatures: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 506

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictNumber: 194
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 67x120x75x139
  • Lot Size Sq Ft: 11107.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 225670002150
  • Tax Annual Amount: 3140
  • TaxWithAssessments: 3140.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 3, 2023
Sold by
Palm Richard and Palm Malcolm
Bought by
Neumann Madison
Seller's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
Buyer's Agent
Kami Gerald
Compass
List Price
$310,000
Sold Price
$310,000
Views
27
Current Estimated Value
$358,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,101
Avg. Annual Appreciation
5.64%
Original Mortgage
$279,000
Outstanding Balance
$270,272
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$87,829

Purchase Details

Closed on
Mar 20, 2020
Sold by
Mako Vincent and Mako Joseph
Bought by
Palm Jessica J and Palm Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,636
Interest Rate
4.75%
Mortgage Type
FHA
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
Neumann Madison $310,000 --
Palm Jessica J $268,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neumann Madison $279,000
Previous Owner Palm Jessica J $263,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $310,000 0.0% $141 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/06/2023 02/06/23 Off Market $310,000 -- --
02/01/2023 02/01/23 For Sale $310,000 -- $141 / 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
2024 $3,444 $336,800 $70,800 $266,000
2023 $3,444 $321,900 $70,600 $251,300
2022 $3,140 $328,800 $70,300 $258,500
2021 $2,972 $276,400 $61,100 $215,300
2020 $2,852 $254,700 $58,200 $196,500
2019 $2,778 $233,600 $55,500 $178,100
2018 $2,508 $235,300 $52,800 $182,500
2017 $2,441 $211,600 $50,300 $161,300
2016 $2,376 $204,600 $47,900 $156,700
2015 $2,113 $171,168 $41,628 $129,540
2014 -- $158,633 $39,901 $118,732
2013 -- $144,136 $35,861 $108,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6322531

NorthstarMLS

APN: 22-56700-02-150