NOT LISTED FOR SALE

7870 Lambert Ave NE Otsego, MN 55301

Estimated Value: $346,000 - $409,000

3 Beds
2 Baths
1,453 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $370,000 $255 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,360/month

477 Days on Market

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Rogers Middle School Rated 9+
  • No HOA
  • 3 Car Attached Garage

About This Home

As of March 2024

New Construction. Last home in the development! Walkout basement! If you are looking for an open layout, this one is for you. Vaulted ceilings in the Kitchen, living, and dining rooms. Kitchen has a thoughtfully placed center island with ample storage and pull-out garbage bins. You will also find this home has 3 bedrooms on one level. The unfinished basement gives you room to build equity in your home. Great tree line behind the home for privacy.

Last Agent to Sell the Property

Travis Anderson

RE/MAX Results Listed on: 10/10/2022

RE/MAX Results

Last Buyer's Agent

Rebecca Huft

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 91x130
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1,453 Sq Ft Home
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by NOVAK FLECK INCORPORATED
  • Pleasant Creek Farms 7Th Addit Subdivision

Listing and Financial Details

  • Property Available on 6/15/22
  • Assessor Parcel Number 118356001070

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1453
  • Unit Levels: Three Level Split
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
  • Living Area: 1453
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2218.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Ethernet Wired,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Paneled Doors,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 91x130
  • Lot Size Sq Ft: 11830
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Builder License: 1631
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Rental Info

  • Available Date: 2022-06-15

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 118356001070
  • Tax Annual Amount: 500
  • TaxWithAssessments: 500.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Feb 27, 2024
Sold by
Novak-Fleck Inc
Bought by
Bethke Michael and Bethke Oanh
Seller's Agent
Travis Anderson
RE/MAX Results
Buyer's Agent
Rebecca Huft
Edina Realty, Inc.
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Views
216
Current Estimated Value
$384,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,736
Avg. Annual Appreciation
2.49%
Original Mortgage
$351,500
Outstanding Balance
$345,686
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$39,050
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bethke Michael $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethke Michael $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $370,000 -2.6% $255 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $379,900 +2.7% $261 / Sq Ft
10/03/2023 10/03/23 Off Market $370,000 -- --
09/29/2023 09/29/23 Price Changed $379,900 -2.6% $261 / Sq Ft
05/12/2023 05/12/23 Price Changed $389,900 -1.3% $268 / Sq Ft
11/27/2022 11/27/22 Price Changed $395,000 -1.2% $272 / Sq Ft
10/10/2022 10/10/22 For Sale $399,900 -- $275 / 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 $4,026 $371,700 $95,000 $276,700
2024 $798 $374,200 $95,000 $279,200
2023 $798 $391,300 $102,000 $289,300
2022 $232 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6270319

NorthstarMLS

APN: 118-356-001070