NOT LISTED FOR SALE

7417 Lambert Ave NE Otsego, MN 55301

Estimated Value: $445,000 - $485,000

3 Beds
2.5 Baths
1,610 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $257,720 $160 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,834/month

65 Days on Market

Highlights

  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Bathroom on Main Level
  • Rogers Middle School Rated 9+
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Under construction mod 2-story. Vaulted Grt Rm~walkout~Masonite Doors~Tile Baths~Xtra deep 3-car garage~Insulated garage~hardwood floors in foyer, kitch, dining rm, great rm, bath, hallway and den. Being built by Homes Plus Designers/Builders.

Last Agent to Sell the Property

Linda Schultz

Keller Williams Classic Rlty NW Listed on: 11/20/2013

Last Buyer's Agent

Curtis Bechthold

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,782

Year Built

  • 2013

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 264x258x10

Home Design

  • Home Under Construction
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In
  • Bathroom on Main Level

Unfinished Basement

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

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 118188001090

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,782

Year Built

2013

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.32
  • Construction: Under Construction-Spec Home
  • Foundation Size: 907
  • Parcel Number: 118188001090
  • Projected Closed Date: 05/15/2014
  • Stories: 2 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Microwave
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Private Master, Rough In
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x18, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 4: Kitchen, 11x13, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Upper
  • Room 6: Bedroom, 9x12, On Level: Upper
  • Room 7: 9x15, On Level: Upper
  • Room 9: Den/Office, 11x9, On Level: Main
  • Basement Features: Drainage System, Sump Pump, Unfinished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1610
  • Total Fin Square Footage: 1610

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, 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

  • Estimated Lot Dimensions: 264X258X10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
May 7, 2014
Bought by
Kuechle Amanda Amanda
Seller's Agent
Linda Schultz
Keller Williams Classic Rlty NW
Buyer's Agent
Curtis Bechthold
RE/MAX Results
List Price
$230,141
Sold Price
$257,720
Premium/Discount to List
$27,579
11.98%
Current Estimated Value
$460,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,862
Avg. Annual Appreciation
5.19%
Original Mortgage
$244,834
Outstanding Balance
$186,313
Interest Rate
4.29%
Estimated Equity
$274,269

Purchase Details

Closed on
Jan 23, 2014
Sold by
Schultz Linda A
Bought by
Homes Plus Designers Builders Inc

Purchase Details

Closed on
Sep 30, 2013
Sold by
Cleveland Holdings Llc
Bought by
Schultz Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jun 21, 2004
Sold by
Tollefson Development Inc
Bought by
Jns Investments Llc
Source: Public Records

Range of Values:

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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
Kuechle Amanda Amanda $257,700 --
Homes Plus Designers Builders Inc $42,000 --
Schultz Linda A $39,000 --
Schultz Linda A $39,000 --
Jns Investments Llc $581,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuechle Amanda Amanda $244,834
Previous Owner Schultz Linda A $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $257,720 +12.0% $160 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $230,141 -- $143 / 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 $4,782 $446,900 $95,000 $351,900
2024 $4,880 $438,100 $95,000 $343,100
2023 $4,748 $458,100 $102,000 $356,100
2022 $4,722 $392,600 $85,000 $307,600
2021 $4,138 $347,200 $60,000 $287,200
2020 $4,052 $302,100 $55,000 $247,100
2019 $3,666 $290,400 $0 $0
2018 $3,224 $274,700 $0 $0
2017 $2,914 $242,100 $0 $0
2016 $2,806 $0 $0 $0
2015 $234 $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: 4562264

REALTOR® Association of Southern Minnesota

APN: 118-188-001090