NOT LISTED FOR SALE

7489 Lambert Ave NE Otsego, MN 55301

Estimated Value: $350,000 - $367,000

3 Beds
2 Baths
1,600 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $350,000 $219 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,203/month

2 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Eat-In Kitchen
  • Rogers Middle School Rated 9+
  • 3 Car Attached Garage
  • 5-minute walk to Beaudry Meadows Park

About This Home

As of April 2024

Welcome to this charming 1-story home nestled on a corner lot in the heart of Otsego. Boasting an inviting open concept floor plan, this residence is thoughtfully designed for seamless entertaining and comfortable living. The main level features 2 bedrooms, including primary bedroom with a spacious walk-in closet and a full bath. The lower level where you'll discover an array of desirable amenities, including recessed lighting and walk-out basement adds convenience and accessibility, extending the living area outdoors. Completing the lower level is a versatile 3/4 bath and an additional bedroom, offering flexibility for guests. With its convenient location, modern features, and functional layout, this home presents an exceptional opportunity to experience the best of Otsego living. Don't miss your chance to make this delightful property your own!

Last Agent to Sell the Property

Dean Zachman

RE/MAX Results Listed on: 03/24/2024

RE/MAX Results

Last Buyer's Agent

Brian Marcus

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 130x95x130x94

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Sunray Farm Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118188001130

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,628

Year Built

Built in 2008

Lot Details

0

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/Connected
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 988
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1600
  • Fireplace: No
  • Below Grade Finished Sq Ft: 612
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 660

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 130x95x130x94
  • Lot Size Sq Ft: 12371.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118188001130
  • Tax Annual Amount: 3628
  • TaxWithAssessments: 3628.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2024
Closed on
Apr 30, 2024
Sold by
Hengel Alexander and Hengel Janelle
Bought by
Belous Roman and Belous Alisa
Seller's Agent
Dean Zachman
RE/MAX Results
Buyer's Agent
Brian Marcus
RE/MAX Results
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
36
Current Estimated Value
$362,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,151
Avg. Annual Appreciation
2.33%
Original Mortgage
$332,500
Outstanding Balance
$327,712
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$34,439

Purchase Details

Closed on
May 23, 2017
Sold by
Kjelstad Jonathan M and Kjelstad Stacy M
Bought by
Hengel Alexander T and Hengel Janelle K
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
Belous Roman $350,000 --
Hengel Alexander T $235,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belous Roman $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $350,000 0.0% $219 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $349,900 -- $219 / Sq Ft
Source: NorthstarMLS

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 $3,460 $339,100 $95,000 $244,100
2024 $3,534 $326,300 $95,000 $231,300
2023 $3,628 $337,000 $102,000 $235,000
2022 $3,370 $306,200 $85,000 $221,200
2021 $3,226 $255,600 $60,000 $195,600
2020 $3,112 $241,400 $55,000 $186,400
2019 $2,694 $229,500 $0 $0
2018 $2,078 $200,600 $0 $0
2017 $1,814 $154,200 $0 $0
2016 $1,764 $0 $0 $0
2015 $1,776 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6509008

NorthstarMLS

APN: 118-188-001130