NOT LISTED FOR SALE

7528 Norway Ln Hugo, MN 55038

Estimated Value: $498,000 - $535,000

5 Beds
2.5 Baths
3,252 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $490,000 $151 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,899/month

24 Days on Market

Highlights

  • New Construction
  • Great Room
  • The kitchen features windows
  • Recreation Room
  • Stainless Steel Appliances
  • Porch

About This Home

As of February 2025

This home is under construction and will be ready for a quick move-in late December. This beautiful Markham home sits on a walkout homesite just steps away from the brand new community amenity center! This home offers 4 spacious bedrooms all located on the upper level, a spacious and versatile loft space, and so much more. The kitchen features stainless steel appliances, designer inspired finishes, and it connects seamlessly to the spacious Great Room.

Last Agent to Sell the Property

Jennifer Finlay

Lennar Sales Corp Listed on: 11/19/2024

Lennar Sales Corp

Last Buyer's Agent

Jennifer Finlay

Lennar Sales Corp Listed on: 11/19/2024

Lennar Sales Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 8,712

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Great Room
  • Recreation 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

  • 5 Bedrooms

Utilities

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

Additional Features

  • Air Exchanger
  • Porch
  • 8,712 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 12/30/24
  • Assessor Parcel Number 133122220014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,568

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$53 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: 2420
  • 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: 3252
  • Below Grade Finished Sq Ft: 832
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Mud Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Laundry, Bedroom 5, Recreation Room
  • Occupancy Date: 2024-12-25

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • CompletionDate: 2025-02-28
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 738

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
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Watermark

Association/Amenities

  • HOA Management Co: Assoica
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: TBD
  • Lot Size Sq Ft: 8712
  • 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: 2024-12-30

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 133122220014
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 28, 2025
Sold by
Us Home Llc
Bought by
Lenh Sambath and Lenh Sreypouv
Seller's Agent
Jennifer Finlay
Lennar Sales Corp
Buyer's Agent
Jennifer Finlay
Lennar Sales Corp
List Price
$523,045
Sold Price
$490,000
Premium/Discount to List
-$33,045
-6.32%
Views
16
Current Estimated Value
$512,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,049
Avg. Annual Appreciation
2.67%
Original Mortgage
$392,000
Outstanding Balance
$391,681
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$105,855
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lenh Sambath $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenh Sambath $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $490,000 -6.7% $151 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/26/2024 11/26/24 Price Changed $525,045 +0.4% $161 / Sq Ft
11/19/2024 11/19/24 For Sale $523,045 -- $161 / 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 $1,568 $506,200 $120,000 $386,200
2024 $1,527 $114,200 $114,200 $0
2023 $1,231 $114,200 $114,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6633120

NorthstarMLS

APN: 13-31-22-22-0014