28 days on rocket

7051 Terraceview Ln N, Maple Grove, MN, 55311

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
3,450 SqFt
$203/SqFt
House

Location

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7051 Terraceview Ln N, Maple Grove$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage
Attached Garage3 spaces
Year Built2005
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room
MLS #6614123
StatusActive

About 7051 Terraceview Ln N

One level living in the heart of Maple Grove with NO HOA. Meticulously maintained and updated throughout with immediate access to Three Rivers/Medicine Lake Regional Trail system right out your back door. Open floorplan with 9 & 10 ceiling throughout main level, spacious foyer to greet guest, main level office with French doors, center island kitchen with butler/buffet wall, newer SSA including double ovens with built in air fryer. Kitchen, laundry, baths and wet bar have granite countertops. Your primary suite features a spacious walk-in closet, dual sink vanity, jetted tub and spa like shower with rain shower! Entertain in style in lower level with wet bar, recreation room, and more. 2 FP, sprinkler system, new HVAC, new water heater, EV charger, smoke free too! Walk to Heritage Christian Academy and served by Popular Maple Grove Schools.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 3,450 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maple Grove Senior High School, Public District Grades 9-12
  • Maple Grove Middle School, Public District Grades 6-8
  • Basswood Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: W Fish Lake Road to 71st Pl N, West to Terraceview Lane N, S to Home

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $5,866
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Maple Grove, MN.

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Maple Grove, MN

City

Med. Sold Price

$405K

Med. Price/SqFt

$194

Avg. Days On Market

25

# of Sold Homes

94

7051 Terraceview Ln N vs Maple Grove

28 DAYS ON ROCKET

+3 Days

$700,000

+$294.9K More

$203/SqFt

+$9 More

KEY TAKEAWAY

This property is $294.9K more than the Median Sold Price and $9/SqFt more than other homes in Maple Grove, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6614123

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/4/2024, 10:22:48 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

Apr 20, 2005Home Sold
$529,900
Mar 04, 2004Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,866$475,300
2019$5,821$447,900
2018$6,547$475,400
2017$6,550$466,300

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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.

Elementary School

school-card-donut-1907899
6
/10

  • Basswood Elementary

  • 15425 Bass Lake Rd

  • 0.31 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1907900
5
/10

  • Maple Grove Middle School

  • 7000 Hemlock Ln N

  • 2.44 miles

  • Public District Grades 6-8

High School

school-card-donut-1907901
7
/10

  • Maple Grove Senior High School

  • 9800 Fernbrook Ln N

  • 3.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $163,636. The majority of Maple Grove, MN residents have income between $100k-200k annually. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Maple Grove, 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 are the common housing types in Maple Grove, MN?

Maple Grove's housing market is diverse, offering a range of options from single-family homes to modern apartments and cozy townhouses. The architectural styles vary, with a prevalence of contemporary and colonial homes. A significant portion of the housing stock was built during the late 20th century, reflecting the area's growth during that period. The homeownership rate is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

What are the advantages of living in Maple Grove, MN?

Maple Grove is known for its family-friendly atmosphere and community-oriented spirit. The area prides itself on its well-maintained parks and recreational facilities, which serve as hubs for local events and gatherings. Seasonal festivals and community events are a staple, reflecting the residents' pride in their city and fostering a strong sense of local identity.

Are essential services in Maple Grove, MN convenient?

The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are comprehensive, with several clinics and a hospital that provide a spectrum of medical care. The public library system is active, offering resources and programs for all ages. Retail and dining options are plentiful, with an array of shops and restaurants that cater to a variety of tastes and preferences.

How do Maple Grove, MN residents get around?

Transportation in Maple Grove is facilitated by a mix of public transit and roadways, accommodating both drivers and those who prefer public options. The area is served by a network of buses, with schedules designed to meet the needs of commuters and residents. While ride-sharing services are available, specific brands are not mentioned. The community is also focused on improving walkability and bikeability, with ongoing efforts to enhance the safety and convenience of non-vehicle travel.

Frequently Asked Questions About 7051 Terraceview Ln N

What is the listing price of this property?

The listing price of 7051 Terraceview Ln N property is $700,000.

What type of property is this?

The property 7051 Terraceview Ln N is a house located in Maple Grove, Minnesota, 55311.

Is this property for sale now?

Active Listing: 7051 Terraceview Ln N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7051 Terraceview Ln N are:
Basswood Elementary: GreatSchools Rating 6/10
Maple Grove Middle School: GreatSchools Rating 5/10
Maple Grove Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,866 (source: MLS/based on county public records data).

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

The last sale was on April 20, 2005 for $529,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7051 Terraceview Ln N has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7051 Terraceview Ln N is 3,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7051 Terraceview Ln N is 2005.

Rocket Homes›Minnesota›Hennepin County›Maple Grove›55311›7051 Terraceview Ln N

This home is located at 7051 Terraceview Ln N in Maple Grove, MN and zip code 55311. This 3,450 square foot home was built in 2005. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $700,000.

Maple Grove, MN housing market in October 2024 saw over 28 listings sold above listed price, more than 25 sold at listed price and over 41 sold below. In October 2024 in Maple Grove, MN there were 6.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 25 days, the median list price was $405,024.

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

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