NOT LISTED FOR SALE

7897 7897 Parell-Avenue-ne Otsego, MN 55330

Estimated Value: $388,000 - $408,801

5 Beds
3 Baths
1,244 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 7897 7897 Parell-Avenue-ne, Otsego, MN 55330 and is currently estimated at $394,450, approximately $317 per square foot. 7897 7897 Parell-Avenue-ne 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
Jun 20, 2025
Sold by
Degefa Tamiru
Bought by
Sudias Sanchez Israel and Rios Yajaira
Current Estimated Value
$394,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,405
Outstanding Balance
$370,405
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$28,662

Purchase Details

Closed on
Jan 4, 2023
Sold by
Lapointe Ryan and Lapointe Cristina
Bought by
Degefa Tamiru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Bascom Ryan M and Bascom Jamie L
Bought by
Lapointe Ryan K

Purchase Details

Closed on
Jul 30, 2001
Sold by
Novak-Fleck Inc
Bought by
Bascom Ryan M and Bascom Jamie L

Purchase Details

Closed on
Apr 5, 2001
Sold by
Arcon Development Inc
Bought by
Novak-Fleck Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sudias Sanchez Israel $389,900 --
Degefa Tamiru $375,000 --
Lapointe Ryan K $235,000 --
Bascom Ryan M $183,780 --
Novak-Fleck Inc $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudias Sanchez Israel $370,405
Previous Owner Degefa Tamiru $300,000
Closed Novak-Fleck Inc --
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 $4,136 $382,700 $95,000 $287,700
2024 $4,092 $374,200 $95,000 $279,200
2023 $4,030 $386,100 $102,000 $284,100
2022 $3,920 $337,200 $85,000 $252,200
2021 $3,794 $293,000 $60,000 $233,000
2020 $3,726 $279,200 $60,000 $219,200
2019 $3,154 $269,300 $0 $0
2018 $2,980 $235,700 $0 $0
2017 $2,902 $223,300 $0 $0
2016 $2,688 $0 $0 $0
2015 $2,636 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Wright County Otsego 55330

7897 7897 Parell-Avenue-ne, Otsego, MN

This home is located at 7897 7897 Parell-Avenue-ne, Otsego, MN 55330 and is currently estimated at $394,450, approximately $317 per square foot. 7897 7897 Parell-Avenue-ne is a home located in Wright County with nearby schools including Otsego Elementary School, Rogers Middle School, and Rogers Senior High School.

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