$495,000
SOLD APR 23, 2025

7557 Norway Ln Hugo, MN 55038

4 Beds
2.5 Baths
2,420 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

6% Below List Price

23 Days on Market

Highlights

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

About This Home

As of April 2025

This home is under construction and will be ready for a quick move-in late April. 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

Kaylee Schultz

Lennar Sales Corp Listed on: 02/25/2025

Lennar Sales Corp

Last Buyer's Agent

Rowdheer Kapidi

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Great 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
  • 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 4/24/25
  • Assessor Parcel Number 133122220037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,373

Year Built

Built in 2025 | 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: 2025
  • 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: 2420
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Mud Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Laundry
  • Occupancy Date: 2025-04-19

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: 2025-04-24
  • 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

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: 2025-04-24

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 133122220037
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Apr 23, 2025
Sold by
Us Home Llc
Bought by
Singh Vikas and Singh Spriha
Seller's Agent
Kaylee Schultz
Lennar Sales Corp
Buyer's Agent
Rowdheer Kapidi
Bridge Realty, LLC
List Price
$527,955
Sold Price
$495,000
Premium/Discount to List
-$32,955
-6.24%
Views
9
Current Estimated Value
$501,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,671
Avg. Annual Appreciation
-1.12%
Original Mortgage
$470,250
Outstanding Balance
$470,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$23,249
Source: Public Records

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Range of Values:

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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 $495,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $495,000 -6.2% $205 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $527,955 -- $218 / 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 $2,373 $120,000 $120,000 $0
2024 $2,373 $114,200 $114,200 $0
2023 $1,231 $114,200 $114,200 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kaylee Schultz

    Lennar Sales Corp

    (612) 986-4040

    3 in this area

    54 Total Sales

    Section Image
  • Rowdheer Kapidi

    Buyer's Agent in 2025

    Rowdheer Kapidi

    Bridge Realty, LLC

    (612) 810-7790

    1 in this area

    374 Total Sales

    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6676056

NorthstarMLS

APN: 13-31-22-22-0037

Minnesota Anoka County Hugo 55038

7557 Norway Ln, Hugo, MN

This home is located at 7557 Norway Ln, Hugo, MN 55038 and is currently priced at $495,000, approximately $204 per square foot. This property was built in 2025. 7557 Norway Ln is a home located in Anoka County with nearby schools including Oneka Elementary School, Hugo Elementary School, and Central Middle School.

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