NOT LISTED FOR SALE

7357 Lambert Ave NE Otsego, MN 55301

Otsego Area

Estimated Value: $417,511

3 Beds
2 Baths
1,673 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2026

Last sale price $409,000 $244 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,617 / mo

13 Days on Market

Highlights

  • Beach Access
  • Deck
  • No HOA
  • Home fronts a pond
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances

About This Home

As of January 2026

Welcome to the Sunray Farms neighborhood of Otsego. Enjoy the fully fenced backyard with a fire pit and your own dock that sits on a beautiful pond. The deck is perfectly positioned for breathtaking sunset views over the pond (patio furniture included). Minutes from the Albertville Premium Outlet mall. The heart of the home is an open concept kitchen, dining and living room. The newly renovated kitchen features quartz countertops, tile back splash, center island and stainless steel appliances. New flooring throughout the upper level. This home features a fully insulated and heated 3 car garage, a must for Minnesota winters.

Last Agent to Sell the Property

Denise Michaelides

The Buyers Edge Realty Listed on: 12/15/2025

Last Buyer's Agent

Bradley Pitlick

Edina Realty, Inc.

Edina Realty, Inc.
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 64x310x157x404
  • Home fronts a pond
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Architectural Shingle Roof

Interior Spaces

  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Sunray Farm Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118188001050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,692

Year Built

Built in 2009

Lot Details

0.77 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 2009
  • Above Grade Finished Sq Ft: 912
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 1673
  • Fireplace: No
  • Below Grade Finished Sq Ft: 761
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle
  • Fencing: Chain Link
  • Other Structures: Storage Shed
  • PatioPorchType: Deck, Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable, Ceiling Fan(s), Deck, Dock, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictPhone: 7632413400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 64x310x157x404
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 118188001050
  • Tax Annual Amount: 3692
  • TaxWithAssessments: 3692

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2025
Closed on
Jan 21, 2026
Sold by
Bought by
Seller's Agent
Denise Michaelides
The Buyers Edge Realty
Buyer's Agent
Bradley Pitlick
Edina Realty, Inc.
List Price
$409,000
Sold Price
$409,000
Views
12
Current Estimated Value
$417,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,511
Avg. Annual Appreciation
3.75%
Original Mortgage
$368,100
Outstanding Balance
$366,325
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$51,186

Purchase Details

Closed on
Oct 25, 2021
Sold by
Bought by

Purchase Details

Closed on
May 26, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2015
Sold by
Bought by

Purchase Details

Listed on
Oct 31, 2013
Closed on
Mar 27, 2014
Sold by
Bought by
Seller's Agent
Donna Hammerberg
Edina Realty, Inc.
Buyer's Agent
Michael Buenting
Lakes Sotheby's International
List Price
$189,700
Sold Price
$187,000
Premium/Discount to List
-$2,700
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Jan 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$409,000 Legacy Title
$320,000 The Title Group Llc
-- Affinity Plus Title Company
$275,000 Executive Title Tom
$218,000 --
$187,000 --
$176,484 --
$25,000 --
$89,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $368,100
Previous Owner $256,000
Previous Owner $270,019
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2026 01/21/26 Sold $409,000 0.0% $244 / Sq Ft
12/28/2025 12/28/25 Pending -- -- --
12/15/2025 12/15/25 For Sale $409,000 +118.7% $244 / Sq Ft
03/27/2014 03/27/14 Sold $187,000 -1.4% $113 / Sq Ft View Prior Sale
02/13/2014 02/13/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $189,700 -- $114 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,864 $349,600 $95,000 $254,600
2025 $3,864 $356,700 $95,000 $261,700
2024 $3,816 $346,000 $95,000 $251,000
2023 $3,772 $361,700 $102,000 $259,700
2022 $3,602 $317,400 $85,000 $232,400
2021 $3,446 $271,400 $60,000 $211,400
2020 $3,448 $256,100 $55,000 $201,100
2019 $2,960 $251,300 $0 $0
2018 $2,668 $220,900 $0 $0
2017 $2,392 $199,400 $0 $0
2016 $2,330 $0 $0 $0
2015 $2,234 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6826560

NorthstarMLS

APN: 118-188-001050

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