19 days on rocket

7545 Territory Pass, Lakeville, MN, 55044

$900,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,877 SqFt
$232/SqFt
House
Schools Nearby

Location

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7545 Territory Pass, Lakeville$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage3 spaces
Year Built2007
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceFamily Room, Gas
MLS #6495614
StatusActive

About 7545 Territory Pass

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.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 3,877 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakeville South High School, Public District Grades 9-12
  • McGuire Middle School, Public District Grades 6-8
  • Lake Marion Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I35 to County Road #70, West to Dakota Avenue, Left to Territory Pass, right to Home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $232/SqFt

HOA Fees:

  • Amount: $290
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,528
  • 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

$480.1K

Med. Price/SqFt

$198

Avg. Days On Market

34

# of Sold Homes

101

7545 Territory Pass vs Lakeville

19 DAYS ON ROCKET

-15 Days

$900,000

+$419.8K More

$232/SqFt

+$33 More

KEY TAKEAWAY

This property is $419.8K more than the Median Sold Price and $33/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: #6495614

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

Listing History

Nov 01, 2007Home Sold
$640,000
Feb 01, 2005Home Sold
$6,380,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $648,200
2019$7,528$620,700
2018$7,014$609,700
2017$6,684$571,700

History based on county public records data.

Payment Calculator

$4,849

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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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-4107003
6
/10

  • Lake Marion Elementary School

  • 19875 Dodd Blvd

  • 5.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4107004
5
/10

  • McGuire Middle School

  • 21220 Holyoke Ave

  • 6.27 miles

  • Public District Grades 6-8

High School

school-card-donut-4107005
7
/10

  • Lakeville South High School

  • 21135 Jacquard Ave

  • 4.83 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 $137,293. The most common annual income of people living in Lakeville, MN is between $100k-200k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7545 Territory Pass

What is the listing price of this property?

The listing price of 7545 Territory Pass property is $900,000.

What type of property is this?

The property 7545 Territory Pass is a house located in Lakeville, Minnesota, 55044.

Is this property for sale now?

Active Listing: 7545 Territory Pass is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7545 Territory Pass are:
Lake Marion Elementary School: GreatSchools Rating 6/10
McGuire Middle School: GreatSchools Rating 5/10
Lakeville South High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $7,528 (source: MLS/based on county public records data).

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

The last sale was on November 1, 2007 for $640,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7545 Territory Pass has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7545 Territory Pass is 3,877 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7545 Territory Pass is 2007.

Rocket Homes›Minnesota›Dakota County›Lakeville›55044›7545 Territory Pass

This home is located at 7545 Territory Pass in Lakeville, MN and zip code 55044. This 3,877 square foot home was built in 2007. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $900,000.

While more than 38 listings in Lakeville, MN in March 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 41 were sold below. Between February 2024 and March 2024, Lakeville, MN real estate market has seen increase in the number of listings by 17.9%. Listings spent 34 days on the market in March 2024, and had a median list price of $480,140 during the same period.

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

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