NOT LISTED FOR SALE

7632 Palomino Ave NE Elk River, MN 55330

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

3 Beds
2.5 Baths
2,151 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $275,000 $128 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,151/month

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Dining Room
  • Rogers Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of November 2022

Exceptional corner unit with great curb appeal, porch, deck, natural light, and updates throughout the
home. Quiet neighborhood centrally located to shopping, restaurants, schools, and commuter highways.
Enjoy three bedrooms on one level, main floor laundry, and a newly finished basement with an optional
4th bath.

Last Agent to Sell the Property

Anna Burnard

LPT Realty, LLC Listed on: 10/02/2022

LPT Realty, LLC

Last Buyer's Agent

Timothy Reiswig

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 2005

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50x50
  • Few Trees

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, trash, snow removal
  • Gassen Association, Phone Number (952) 922-5575
  • Pheasant Ridge 8Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118185002170

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,672

Year Built

Built in 2005

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Quad/4 Corners
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1589
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2151
  • Fireplace: No
  • Below Grade Finished Sq Ft: 562
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2235.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Trash, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 239
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Hardwood Floors,Primary Bedroom Walk-In Closet,Natural Woodwork,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Gassen

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 50x50
  • Lot Size Sq Ft: 2613.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 118185002170
  • Tax Annual Amount: 2672
  • TaxWithAssessments: 2672.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 9, 2022
Sold by
Sandford Andrew and Sandford Gabrielle
Bought by
Preese Derek
Seller's Agent
Anna Burnard
LPT Realty, LLC
Buyer's Agent
Timothy Reiswig
Keller Williams Classic Rlty NW
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
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.
Estimated Appreciation
$33,592
Avg. Annual Appreciation
4.22%
Original Mortgage
$275,000
Outstanding Balance
$266,978
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$41,614

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:

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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

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $275,000 +1.9% $128 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $269,900 -- $125 / 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 $2,928 $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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6267198

NorthstarMLS

APN: 118-185-002170