$530,000
SOLD APR 4, 2025

7533 Norway Ln Hugo, MN 55038

5 Beds
2.5 Baths
3,126 Sq Ft
0.25 Acres

Recently Sold

$170 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • New Construction
  • Home Office
  • The kitchen features windows
  • Game Room
  • Stainless Steel Appliances
  • Porch

About This Home

As of April 2025

Home is complete and move in ready! This beautiful home has a finished walkout lower level, adding an additional bedroom and bathroom. It has a main level office which makes for a great work space, a living room that is anchored by a fireplace and has large windows for an abundance of natural light. The upper level has a spacious owner's bedroom with an en-suite bath & large walk-in closet, 3 nice sized secondary bedrooms - 2 with walk-in closets, a hall bath, and convenient upper level laundry. This home will include a fully sodded and irrigated yard with front landscaping.

Last Agent to Sell the Property

Jason Loger

Lennar Sales Corp Listed on: 01/28/2025

Lennar Sales Corp

Last Buyer's Agent

Nicholas Buche

RE/MAX Professionals

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Additional Features

  • Air Exchanger
  • Porch
  • 10,890 Sq Ft Lot
  • Sod Farm

Community Details

  • Association fees include professional mgmt
  • Associa Mn Association, Phone Number (763) 746-1188
  • Built by LENNAR
  • Watermark Community
  • Watermark Subdivision

Listing and Financial Details

  • Property Available on 1/17/25
  • Assessor Parcel Number 133122220041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 2025 | 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: 2025
  • Above Grade Finished Sq Ft: 2271
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 3126
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 855
  • Basement YN: Yes
  • Dining Room Type: Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Informal Dining Room, Laundry, Bedroom 5, Game Room
  • Occupancy Date: 2025-01-12

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: 2025-01-17
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 473
  • 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
  • Phone: 763-746-1188
  • Association Fee: 159
  • 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: Associa MN
  • 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: 10890
  • 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

Green Features

  • Green Certified Status: Pending

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Vinyl Siding

Rental Info

  • Available Date: 2025-01-17

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 133122220041
  • TaxWithAssessments: 0.0000

Multi Family

  • Total Units Sold: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Apr 4, 2025
Sold by
Us Home Llc
Bought by
Keen Joey and Keen Tonia
Seller's Agent
Jason Loger
Lennar Sales Corp
Buyer's Agent
Nicholas Buche
RE/MAX Professionals
List Price
$555,860
Sold Price
$530,000
Premium/Discount to List
-$25,860
-4.65%
Views
20
Current Estimated Value
$538,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,886
Avg. Annual Appreciation
3.38%
Original Mortgage
$450,500
Outstanding Balance
$448,576
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$90,310
Source: Public Records

Range of Values:

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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 $530,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $530,000 -4.7% $170 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $555,860 -- $178 / 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 $1,950 $486,200 $120,000 $366,200
2024 $2,373 $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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Map

Source: NorthstarMLS

MLS Number: 6654218

NorthstarMLS

APN: 13-31-22-22-0041