4 months on rocket

11526 245th St E, Lakeville, MN, 55044

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
5,422 SqFt
$360/SqFt
House

Location

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11526 245th St E, Lakeville$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage5 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceBrick, Family Room, Free Standing, Gas, Wood Burning
MLS #6570998
StatusActive

About 11526 245th St E

Nestled on over 16 acres in the sought-after Lakeville school district, this stunning secluded custom-built home offers unparalleled privacy and luxury. Great room boasts reclaimed oak hardwood floors from the Jim Beam Distillery, a soaring 28-foot vaulted ceiling, and a cozy Accucraft wood-burning fireplace. Elegant kitchen features Brazilian Quartzite and Granite countertops, a Thermador 48" Dual Fuel Professional 6-burner range, and walk-in butler's pantry. Main level primary bedroom with a luxurious ensuite bathroom and private laundry access. Main level also includes a four season porch and powder room. Versatile upper-level loft, with 3 bedrooms. Lower-level family room, additional bedroom and workout room. 60x30 outbuilding with heat and air conditioning. Dual covered patios, lush landscaping with an in-ground irrigation system, and nature trails. Attached 5-car heated garage with stairs to unfinished bonus loft. Many modern updates ensure comfort and efficiency.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 5,422 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Iron Filter, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Brick, Family Room, Free Standing, Gas, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-35 W S to exit 81. Turn right onto Kenrick Ave. Turn left onto 245th St E. Destination on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $360/SqFt

Tax Information:

  • Annual Amount: $6,970
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Lakeville, MN.

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Lakeville, MN

City

Med. Sold Price

$494.8K

Med. Price/SqFt

$198

Avg. Days On Market

35

# of Sold Homes

93

11526 245th St E vs Lakeville

122 DAYS ON ROCKET

+87 Days

$1,950,000

+$1.4M More

$360/SqFt

+$161 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $161/SqFt more than other homes in Lakeville, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6570998

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 19, 2017Home Sold
$258,500

Tax History

YEARPROP. TAXASSESSMENT
2021 - $1,175,800
2019$6,970$584,400
2018$2,956$258,500
2017$2,814$238,900

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-669374
6
/10

  • John F. Kennedy Elementary School

  • 21240 Holyoke Ave

  • 4.01 miles

  • Public District Grades KG-5

school-card-donut-669375
7
/10

  • Lakeview Elementary School

  • 20500 Jacquard Ave

  • 4.09 miles

  • Public District Grades KG-5

school-card-donut-669376
7
/10

  • Eagle View Elementary

  • 25600 Nevada Ave

  • 4.23 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,579. Most Lakeville, MN residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lakeville, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lakeville, MN?

Lakeville's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhomes. The architectural styles vary, with a mix of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was built during the housing expansion of the late 20th century, reflecting the city's growth during that period. The homeownership rate in Lakeville is high, with a substantial majority of residents owning their homes, while the remainder of the population resides in rental properties.

Is Lakeville, MN a good place to live?

Lakeville is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on its well-maintained parks and recreational facilities, which host a variety of local events and festivals throughout the year. These gatherings, from arts fairs to farmers' markets, are a testament to the city's vibrant local culture and the residents' active involvement in community life.

Are things conveniently located in Lakeville, MN?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care from primary to specialized treatments. Lakeville's public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices for shopping and cuisine.

What does the transportation in Lakeville, MN look like?

Lakeville's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate easy commuting to nearby cities. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also attentive to the needs of pedestrians and cyclists, with certain areas designed to be particularly friendly to non-motorized forms of transportation. Ongoing initiatives aim to further enhance the efficiency and accessibility of the city's transport systems.

Frequently Asked Questions About 11526 245th St E

What is the listing price of this property?

The listing price of 11526 245th St E property is $1,950,000.

What type of property is this?

The property 11526 245th St E is a house located in Lakeville, Minnesota, 55044.

Is this property for sale now?

Active Listing: 11526 245th St E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,970 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 19, 2017 for $258,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11526 245th St E has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 11526 245th St E is 5,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11526 245th St E is 2018.

Rocket Homes›Minnesota›Dakota County›Lakeville›55044›11526 245th St E

This home is located at 11526 245th St E in Lakeville, MN and zip code 55044. This 5,422 square foot home was built in 2018. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,950,000.

In October 2024 more than 26 listings in Lakeville, MN were sold above the asking price. During the same period more than 24 listings were sold at asking price, while more than 43 were sold below. In October 2024 in Lakeville, MN there were 10.8% more homes for sale than in September 2024. Listings spent 35 days on the market in October 2024, and had a median list price of $494,801 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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