NOT LISTED FOR SALE

7327 Lander Ave NE Otsego, MN 55301

Estimated Value: $394,996 - $441,000

4 Beds
2 Baths
2,505 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $238,000 $95 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,581/month

160 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • 3 Car Attached Garage
  • Rogers Middle School Rated 9+
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of November 2013

This house is a gem! Kitchen SS appliances and CUSTOM cabinets, LL Fam RM with custom built wet bar with fridge that stays. Spacious LL FAM Rm. has been completed updated and has an electric wall FP and hardwood floors. This home is a MUST SEE!

Last Agent to Sell the Property

Tadd Johnson

Four Sale Real Estate, Inc. Listed on: 05/28/2013

Four Sale Real Estate, Inc.

Last Buyer's Agent

Debra Holmes

eGreen Realty & Property Mgmt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Few Trees

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • 2 Full Bathrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Additional Features

  • Air Exchanger
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 118198005060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.21
  • Assessment Balance: 22
  • Construction: Previously Owned
  • Foundation Size: 1250
  • Mechanicals: Air to Air Exchange, Water Softener-Rented
  • Parcel Number: 118198005060
  • Projected Closed Date: 11/22/2013
  • Stories: Tri-Level Split
  • Taxes With Assessments: 2744
  • Comp Dev Subdiv Name: Sunray Farm Add.2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor Full Bath, Private Master, Rough In
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x14, On Level: Upper
  • Room 2: Dining Room, 11x9, On Level: Upper
  • Room 3: Family Room, 17x23, On Level: Lower
  • Room 4: Kitchen, 11x14, On Level: Upper
  • Room 5: Bedroom, 15x14, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 13x10, On Level: Lower
  • Room 9: Den/Office, 12x9, On Level: Upper
  • Room 10: Foyer, 18x6, On Level: Main
  • Room 11: Other, 10x6, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1550
  • Below Grade Finished Sq Ft: 955
  • Total Fin Square Footage: 2505

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Elk River #728

Lot Info

  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2012
  • Tax Value: 2722

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2018
Sold by
Hp Minnesota I Llc
Bought by
Hpa Borrower 2018 1 Ml Llc
Current Estimated Value
$420,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000,000
Outstanding Balance
$71,707,115
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$71,286,116

Purchase Details

Closed on
Jun 22, 2018
Sold by
Schlagel Adam R and Schlagel Nicolyn H
Bought by
Hp Minnesota Llc

Purchase Details

Listed on
May 28, 2013
Closed on
Nov 22, 2013
Sold by
Neuberger Ryan Ryan
Bought by
Schlagel Adam Adam
Seller's Agent
Tadd Johnson
Four Sale Real Estate, Inc.
Buyer's Agent
Debra Holmes
eGreen Realty & Property Mgmt
List Price
$239,900
Sold Price
$238,000
Premium/Discount to List
-$1,900
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$211,000
Interest Rate
4.22%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Palmer Homes North Inc
Bought by
Neuberger Ryan J and Not Provided

Purchase Details

Closed on
Oct 6, 2006
Sold by
Tollefson Development Inc
Bought by
Palmer Homes North Inc
Source: Public Records

Range of Values:

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Average Value
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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
Hpa Borrower 2018 1 Ml Llc -- Stewart Title
Hp Minnesota Llc $288,000 Burnet Title
Schlagel Adam Adam $238,000 --
Neuberger Ryan J $229,000 --
Palmer Homes North Inc $71,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpa Borrower 2018 1 Ml Llc $200,000,000
Previous Owner Schlagel Adam Adam $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $238,000 -0.8% $95 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $239,900 -- $96 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $4,478 $415,200 $95,000 $320,200
2024 $4,278 $405,100 $95,000 $310,100
2023 $4,278 $415,800 $102,000 $313,800
2022 $4,220 $352,300 $85,000 $267,300
2021 $4,150 $306,000 $60,000 $246,000
2020 $4,042 $295,000 $55,000 $240,000
2019 $3,346 $281,000 $0 $0
2018 $3,096 $250,300 $0 $0
2017 $2,802 $232,300 $0 $0
2016 $2,726 $0 $0 $0
2015 $2,746 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4486007

REALTOR® Association of Southern Minnesota

APN: 118-198-005060