NOT LISTED FOR SALE

7632 7632 Palomino Otsego, MN 55330

Estimated Value: $284,000 - $358,000

3 Beds
3 Baths
1,484 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 7632 7632 Palomino, Otsego, MN 55330 and is currently estimated at $308,592, approximately $207 per square foot. 7632 7632 Palomino is a home located in Wright County with nearby schools including Otsego Elementary School, Rogers Middle School, and Rogers Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Sandford Andrew and Sandford Gabrielle
Bought by
Preese Derek
Current Estimated Value
$308,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$266,978
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$39,646

Purchase Details

Closed on
Oct 28, 2020
Sold by
Hanson Tyler and Hanson Chelsey
Bought by
Sandford Andrew and Deden Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2019
Sold by
Mingo John
Bought by
Hanson Tyler and Hanson Chelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Not Provided
Bought by
Mingo John

Purchase Details

Closed on
Mar 28, 2008
Sold by
Alpine Capital Llc
Bought by
Lxx Companies Llc

Purchase Details

Closed on
Nov 29, 2004
Sold by
Arcon Development Inc
Bought by
Castlebar Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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Average Value
Not Available
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
Preese Derek $275,000 --
Sandford Andrew $235,000 Rgs Title
Hanson Tyler $205,000 Partners Title
Mingo John $143,000 --
Lxx Companies Llc $1,550,000 --
Castlebar Homes Llc $89,276 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preese Derek $275,000
Previous Owner Sandford Andrew $227,950
Previous Owner Hanson Tyler $198,850
Source: Public Records

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 $2,928 $297,100 $45,000 $252,100
2024 $2,928 $280,200 $30,000 $250,200
2023 $2,966 $283,800 $38,500 $245,300
2022 $2,672 $255,400 $35,000 $220,400
2021 $2,588 $208,400 $20,000 $188,400
2020 $2,578 $199,000 $20,000 $179,000
2019 $2,224 $194,800 $0 $0
2018 $2,082 $164,600 $0 $0
2017 $1,956 $154,500 $0 $0
2016 $1,886 $0 $0 $0
2015 $1,706 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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