13 days on rocket

8523 197th St W, Lakeville, MN, 55044

$699,000

Home List Price

$8,301*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,602 SqFt
$194/SqFt
House
Schools Nearby

Location

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8523 197th St W, Lakeville$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener
Attached Garage3 spaces
Year Built2019
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6520931
StatusActive

About 8523 197th St W

Welcome home to this gorgeous "like new" two story situated on a prime lot in the sought-out Legacy neighborhood in Lakeville. This former model home by the award-winning builder Country Joe is only available due to job relocation. This popular Richmond floorplan is loaded with upgrades throughout, meticulously maintained, CLEAN and move in ready! The open and airy main level features 9 ft. ceilings, a home office and additional "flex space", large kitchen and living room, gas FP and huge mudroom with walk-in pantry. Enjoy two big stamped concrete patios, a heated garage with electric car charger and a professionally landscaped yard complete with an irrigation system. Fully finished lower level with the 5th bedroom and full bathroom. The home has tons of great storage throughout. Walk to the neighborhood park. Easy access to Hwy. 35 for quick commutes. Move in and enjoy all this home has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Living Area: 3,602 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakeville North High School, Public District Grades 9-12
  • Kenwood Trail Middle School, Public District Grades 6-8
  • Lake Marion Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-35 to 185th Street, E to Dodd Blvd, South to 194th Street, East to Holyoke Ave, South to 197th, East to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $3,148
  • Tax Year: 2020
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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

$485K

Med. Price/SqFt

$198

Avg. Days On Market

32

# of Sold Homes

86

8523 197th St W vs Lakeville

13 DAYS ON ROCKET

-19 Days

$699,000

+$213.9K More

$194/SqFt

-$4 Less

KEY TAKEAWAY

This property is $213.9K more than the Median Sold Price and $4/SqFt less than other homes in Lakeville, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6520931

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 5/5/2024, 11:22:32 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

Jul 24, 2020Home Sold
$516,642
Feb 08, 2018Home Sold
$929,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,148$268,100
2019$1,448$94,500
2018$1,342$90,000
2017$874$57,400

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-6716262
6
/10

  • Lake Marion Elementary School

  • 19875 Dodd Blvd

  • 0.91 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6716263
5
/10

  • Kenwood Trail Middle School

  • 19455 Kenwood Trl

  • 1.66 miles

  • Public District Grades 6-8

High School

school-card-donut-6716264
8
/10

  • Lakeville North High School

  • 19600 Ipava Ave

  • 0.94 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 $71,749. Typical income of Lakeville, MN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8523 197th St W

What is the listing price of this property?

The listing price of 8523 197th St W property is $699,000.

What type of property is this?

The property 8523 197th St W is a house located in Lakeville, Minnesota, 55044.

Is this property for sale now?

Active Listing: 8523 197th St W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8523 197th St W are:
Lake Marion Elementary School: GreatSchools Rating 6/10
Kenwood Trail Middle School: GreatSchools Rating 5/10
Lakeville North High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,148 (source: MLS/based on county public records data).

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

The last sale was on July 24, 2020 for $516,642. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8523 197th St W has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8523 197th St W is 3,602 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8523 197th St W is 2019.

Rocket Homes›Minnesota›Dakota County›Lakeville›55044›8523 197th St W

This home is located at 8523 197th St W in Lakeville, MN and zip code 55044. This 3,602 square foot home was built in 2019. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $699,000.

In April 2024 more than 35 listings in Lakeville, MN were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 26 were sold below. Between March 2024 and April 2024, Lakeville, MN real estate market has seen increase in the number of listings by 12.7%. In April 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $485,007.

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

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