NOT LISTED FOR SALE

7298 Parell Ave NE Otsego, MN 55330

Estimated Value: $463,000 - $506,000

3 Beds
3 Baths
2,298 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 7298 Parell Ave NE, Otsego, MN 55330 and is currently estimated at $487,137, approximately $211 per square foot. 7298 Parell Ave NE is a home located in Wright County with nearby schools including Albertville Primary School, Big Woods Elementary School, and Middle School East.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
M I Homes Of Minneapolis St Paul Llc
Bought by
Ngum Mercy and Shwembom Victorv
Current Estimated Value
$487,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$301,677
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$183,421

Purchase Details

Closed on
Apr 23, 2018
Sold by
Mattamy Minneapolis Llc
Bought by
Mi Homes Of Minneapolis St Paul Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Ngum Mercy $355,000 Transohio Residential Title
Mi Homes Of Minneapolis St Paul Llc $3,804,721 Title Recording Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngum Mercy $337,250
Source: Public Records

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 $5,374 $457,300 $95,000 $362,300
2023 $5,418 $518,200 $102,000 $416,200
2022 $4,694 $465,400 $85,000 $380,400
2021 $4,706 $347,500 $65,000 $282,500
2020 $776 $341,200 $60,000 $281,200
2019 $196 $45,000 $0 $0
2018 $60 $45,000 $0 $0
Source: Public Records

Map

Minnesota Wright County Otsego 55330

7298 Parell Ave NE, Otsego, MN

This home is located at 7298 Parell Ave NE, Otsego, MN 55330 and is currently estimated at $487,137, approximately $211 per square foot. 7298 Parell Ave NE is a home located in Wright County with nearby schools including Albertville Primary School, Big Woods Elementary School, and Middle School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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