NOT LISTED FOR SALE

7508 Norway Ln Hugo, MN 55038

Estimated Value: $568,000 - $586,000

4 Beds
2.5 Baths
2,692 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $585,685 $218 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,337/month

40 Days on Market

Highlights

  • New Construction
  • Loft
  • Stainless Steel Appliances
  • Home fronts a pond
  • Home Office
  • 2 Car Attached Garage

About This Home

As of October 2024

This home is under construction and will be ready for a quick move-in early October. This beautiful home has a gourmet kitchen and sits on a large walkout homesite just steps away from the new amenity center. Inside you’ll find designer inspired options and colors throughout in addition to a private office, stone 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 Listed By

Jason Loger

Lennar Sales Corp Listed on: 06/18/2024

Lennar Sales Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a pond

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Utilities

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

Community Details

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

Listing and Financial Details

  • Property Available on 10/10/24
  • Assessor Parcel Number 133122220019

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 2692
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Concrete, Sump Pump, Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Family Room, Gas
  • Living Area: 2692
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Office

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • CompletionDate: 2024-10-10

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 648
  • Garage Door Height: 8

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: 159
  • Association: Yes
  • Community Name: Watermark

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: TBD
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • 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: 2024-10-10

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 133122220019
  • TaxWithAssessments: 0.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Oct 23, 2024
Sold by
Us Home Llc
Bought by
Kasal Joseph and Kasal Patsy Katie
Seller's Agent
Jason Loger
Lennar Sales Corp
Buyer's Agent
Rachel Scarrella
Edina Realty, Inc.
List Price
$582,685
Sold Price
$585,685
Premium/Discount to List
$3,000
0.51%
Total Days on Market
40
Views
3
Current Estimated Value
$579,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,218
Avg. Annual Appreciation
-1.89%
Original Mortgage
$544,685
Outstanding Balance
$542,049
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$37,418

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
Kasal Joseph $584,685 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasal Joseph $544,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $585,685 +0.2% $218 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $584,685 +0.3% $217 / Sq Ft
06/18/2024 06/18/24 For Sale $582,685 -- $216 / 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 $849 $531,300 $120,000 $411,300
2024 $849 $114,200 $114,200 $0
2023 $1,231 $114,200 $114,200 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6555746

NorthstarMLS

APN: 13-31-22-22-0019