NOT LISTED FOR SALE

7994 7994 Palmgren Ave NE Otsego, MN 55330

Estimated Value: $362,000 - $388,073

4 Beds
2 Baths
1,983 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $158,000 $80 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,286/month

197 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Eat-In Kitchen
  • Rogers Senior High School Rated 9+
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

Great home in nice neighborhood. Oak cabinetry, eat in kitchen w/separate DR, spacious LR & family room, MB w/walk through bath & walk in closet. Great fenced yard & nice deck.

Last Agent to Sell the Property

Kristie Bernard

Keller Williams Integrity NW Listed on: 08/05/2013

Keller Williams Integrity NW

Last Buyer's Agent

Scott Breuer

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 4-Story Property
  • Formal Dining Room
  • Finished Basement
  • Basement Window Egress
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Deck

Listing and Financial Details

  • Foreclosure
  • Short Sale
  • Assessor Parcel Number 118073002020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,398

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.34
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1047
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 118073002020
  • Potential Short Sale: Yes
  • Projected Closed Date: 03/17/2014
  • Stories: 4+ Level Split
  • Taxes With Assessments: 2398
  • Comp Dev Subdiv Name: Pheasant Ridge
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x13, On Level: Upper
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Family Room, 19x13, On Level: Lower
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 12x17, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Room 7: 15x12, On Level: Lower
  • Room 8: Bedroom, 13x12, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Finished Above Grade Sq Ft: 1145
  • Below Grade Finished Sq Ft: 838
  • Total Fin Square Footage: 1983

Exterior Features

  • Soil Type: Sand
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: 86x165x80x
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2013
  • Tax Value: 2398

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Feb 28, 2014
Sold by
Flynn Shaun M and Flynn Laura I
Bought by
Vandeusen Travis W
Seller's Agent
Kristie Bernard
Keller Williams Integrity NW
Buyer's Agent
Scott Breuer
Keller Williams Classic Realty
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Current Estimated Value
$373,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,530
Avg. Annual Appreciation
7.93%
Original Mortgage
$150,100
Outstanding Balance
$114,319
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$264,699

Purchase Details

Closed on
Aug 12, 2004
Sold by
Hays Robert L and Hays Bevin
Bought by
Flynn Shaun M and Flynn Laura I

Purchase Details

Closed on
Feb 27, 2001
Sold by
Co-Operative Home Builders Inc
Bought by
Hays Robert L and Hays Bevin

Purchase Details

Closed on
Nov 8, 2000
Sold by
Arcon Development Inc
Bought by
Co-Operative Home Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Vandeusen Travis W $158,000 Home Security Abstract & Title
Vandeusen Travis W $158,000 --
Flynn Shaun M $253,000 --
Hays Robert L $176,000 --
Co-Operative Home Builders Inc $36,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandeusen Travis W $150,100
Closed Co-Operative Home Builders Inc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $158,000 -7.0% $80 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
08/05/2013 08/05/13 For Sale $169,900 -- $86 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,632 $345,700 $95,000 $250,700
2024 $3,632 $339,600 $95,000 $244,600
2023 $3,690 $345,500 $102,000 $243,500
2022 $3,528 $311,000 $85,000 $226,000
2021 $3,350 $266,400 $60,000 $206,400
2020 $3,280 $249,700 $60,000 $189,700
2019 $2,792 $240,400 $0 $0
2018 $2,610 $208,000 $0 $0
2017 $2,544 $195,000 $0 $0
2016 $2,634 $0 $0 $0
2015 $2,606 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4516279

REALTOR® Association of Southern Minnesota

APN: 118-073-002020