$515,000
SOLD SEP 26, 2024

7504 Norway Ln Hugo, MN 55038

4 Beds
2.5 Baths
2,622 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

6% Below List Price

5 Days on Market

Highlights

  • New Construction
  • Stainless Steel Appliances
  • Porch
  • Loft
  • The kitchen features windows
  • 3 Car Attached Garage

About This Home

As of September 2024

This home is under construction and will be ready for a quick move-in September. On the first floor of this new two-story home is a modern layout shared among a spacious Great Room made for entertainment, a dining area for intimate meals and a fully equipped kitchen. The top floor hosts a versatile loft for additional living space and all four bedrooms, including the private owner’s suite with an adjoining bathroom and walk-in closet. Rounding out the home is an enviable three-car garage. Inside you’ll find designer inspired options and colors throughout in addition to an electric fireplace, irrigation system, landscaping, sod and much more. Our community features a large community clubhouse, several parks, 3+miles of paved trails with views of our lake, ponds and wetlands.

Last Agent to Sell the Property

Ruth Russell

Lennar Sales Corp

Lennar Sales Corp

Co-Listed By

Jennifer Finlay

Lennar Sales Corp

Last Buyer's Agent

Tedla Belayneh

BrightBridge Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,037

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,622 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room
  • Dining Room
  • Loft
  • Unfinished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Porch
  • 7,405 Sq Ft Lot
  • Sod Farm

Community Details

  • Association fees include professional mgmt, trash
  • Assoica Association, Phone Number (763) 225-6400
  • Built by LENNAR
  • Watermark Community
  • Watermark Subdivision

Listing and Financial Details

  • Property Available on 9/19/24
  • Assessor Parcel Number 133122220020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,037

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 2622
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
  • Fireplace Features: Electric
  • Living Area: 2622
  • Basement YN: Yes
  • Dining Room Type: Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft
  • Occupancy Date: 2024-09-19

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • CompletionDate: 2024-09-19
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 704

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Trash
  • Phone: 763-225-6400
  • Association Fee: 138
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Watermark

Association/Amenities

  • HOA Management Co: Assoica

Schools

  • Junior High Dist: White Bear Lake
  • SchoolDistrictNumber: 624
  • SchoolDistrictPhone: 651-407-7500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: TBD
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Sod Included in Price, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding, Wood Siding

Rental Info

  • Available Date: 2024-09-19

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 133122220020
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Sep 26, 2024
Sold by
Us Home Llc
Bought by
Dewo Getsh
Seller's Agent
Ruth Russell
Lennar Sales Corp
Buyer's Agent
Tedla Belayneh
BrightBridge Realty
List Price
$548,834
Sold Price
$515,000
Premium/Discount to List
-$33,834
-6.16%
Total Days on Market
5
Views
4
Current Estimated Value
$526,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,437
Avg. Annual Appreciation
1.95%
Original Mortgage
$405,000
Outstanding Balance
$403,894
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$117,714

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $515,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $515,000 -6.2% $196 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $548,834 -- $209 / Sq Ft
Source: NorthstarMLS

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 $1,037 $522,900 $120,000 $402,900
2024 $1,037 $114,200 $114,200 $0
2023 $1,231 $114,200 $114,200 $0
Source: Public Records

Source: NorthstarMLS

MLS Number: 6563507

NorthstarMLS

APN: 13-31-22-22-0020