NOT LISTED FOR SALE

7742 Palomino Ave NE Elk River, MN 55330

Estimated Value: $285,000 - $336,000

3 Beds
4 Baths
1,942 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $299,999 $154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,195/month

27 Days on Market

Highlights

  • Deck
  • Porch
  • Guest Parking
  • Rogers Senior High School Rated 9+
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Step inside this newly updated townhome, you’ll appreciate the open-concept design that seamlessly connects the living room, dining area, & kitchen. Enjoy new flooring throughout & gather around the gas fireplace for cozy evenings. You will find newer appliances in the kitchen & a brand-new roof, ensuring protection from the elements and peace of mind. The primary bedroom is a sanctuary & the ensuite features a generously sized soaking tub, unwind after a long day. One upstairs bedroom opens to a delightful balcony with tree-top views. The finished basement offers flexibility. Use it as a home office, entertainment area, or fitness space. With plenty of room, you can tailor it to your lifestyle. The garage epoxy flooring not only looks sleek it also provides durability. Park your vehicles or set up a workshop- it’s up to you. Properties like this are rarely available. If you’re seeking a comfortable updated home on a quiet cul-de-sac w/ modern amenities schedule a showing right away!

Last Agent to Sell the Property

Tina Bednar

RE/MAX Results Listed on: 04/18/2024

RE/MAX Results

Last Buyer's Agent

Abby Tomassoni

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 2003

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 38x36x38x36

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Gassen Association, Phone Number (952) 922-5575
  • Pheasant Ridge 5Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118089001150

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,164

Year Built

Built in 2003

Lot Details

0

HOA Fees

$289 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1482
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1942
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 460
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Porch, Utility Room, Deck

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PatioPorchType: Covered,Front Porch,Porch,Side Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Insulated Garage
  • Garage Square Feet: 456

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 289
  • Association: Yes
  • Amenities Unit: Balcony,Deck,Porch,In-Ground Sprinkler,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: 38x36x38x36
  • Lot Size Sq Ft: 2614
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118089001150
  • Tax Annual Amount: 3164
  • TaxWithAssessments: 3164.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 31, 2024
Sold by
Nath Yardley Investments Llc
Bought by
Robertson Jennifer
Seller's Agent
Tina Bednar
RE/MAX Results
Buyer's Agent
Abby Tomassoni
RE/MAX Advantage Plus
List Price
$299,999
Sold Price
$299,999
Views
93
Current Estimated Value
$310,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,485
Avg. Annual Appreciation
3.33%
Original Mortgage
$252,000
Outstanding Balance
$249,920
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$60,564

Purchase Details

Closed on
Nov 22, 2017
Sold by
Isl Properties Llc
Bought by
Bednar Thomas and Bednar Mia

Purchase Details

Closed on
Sep 11, 2017
Sold by
Reynolds Carrie
Bought by
Isl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2015
Sold by
Horvath Melissa Melissa
Bought by
Reynolds Carrie Carrie

Purchase Details

Closed on
Aug 31, 2005
Sold by
Horvath Kevin A
Bought by
Mischke Melissa L

Purchase Details

Closed on
Nov 13, 2003
Sold by
Eagle Crest Townhomes Inc
Bought by
Horvath Kevin A
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 Buyer Sale Price Title Company
Robertson Jennifer $315,000 --
Nath Yardley Investments Llc $299,999 --
Bednar Thomas $187,000 Home Title Inc
Isl Properties Llc $150,000 Home Title Inc
Isl Properties Llc $35,000 West Title
Reynolds Carrie Carrie $165,000 --
Mischke Melissa L $210,000 --
Horvath Kevin A $194,610 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nath Yardley Investments Llc $252,000
Previous Owner Isl Properties Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Pending -- -- --
05/31/2024 05/31/24 Sold $299,999 0.0% $154 / Sq Ft
05/03/2024 05/03/24 For Sale $299,999 -- $154 / 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
2024 $3,092 $279,200 $30,000 $249,200
2023 $3,164 $298,200 $38,500 $259,700
2022 $2,790 $270,500 $35,000 $235,500
2021 $2,782 $216,500 $20,000 $196,500
2020 $2,774 $212,000 $20,000 $192,000
2019 $2,394 $207,600 $0 $0
2018 $2,230 $177,600 $0 $0
2017 $2,120 $165,800 $0 $0
2016 $2,046 $0 $0 $0
2015 $1,860 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6517821

NorthstarMLS

APN: 118-089-001150