NOT LISTED FOR SALE

8254 8254 Parell Ave NE Otsego, MN 55330

Estimated Value: $451,000 - $482,000

5 Beds
3.5 Baths
2,818 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $260,000 $92 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,925/month

39 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Fenced Yard
  • Rogers Middle School Rated 9+
  • Wood Flooring
  • Porch

About This Home

As of October 2013

Gorgeous 5 bed, 4 bath home with open main level layout, on 1/2 acre lot. Huge backyard is fully enclosed by 6ft privacy fence, with an oversized shed. Large wrap around deck on back of house. Private master suite. 3 car garage. Check out virtual tour.

Last Agent to Sell the Property

Jill Bailey

RE/MAX Results Listed on: 08/26/2013

Last Buyer's Agent

Keith Maahs

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 2001

Lot Details

  • 0.41 Acre Lot
  • Fenced Yard
  • Irregular Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 118079002180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Fenced Yard - Full, Patio, Porch
  • Estimated Number of Acres: 0.41
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1176
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 118079002180
  • Projected Closed Date: 11/15/2013
  • Stories: 2 Story
  • Taxes With Assessments: 2832
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, 19x9, On Level: Main
  • Room 3: Family Room, 12x13, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Upper
  • Room 6: Bedroom, 9x8, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 8: Bedroom, 11x9, On Level: Main
  • Room 9: Bedroom, 14x10, On Level: Lower
  • Room 10: Great Room, 28x25, On Level: Basement
  • Room 11: Utility Room, 20x8, On Level: Basement
  • Room 12: Deck, 30x14, On Level: Main
  • Room 13: Laundry Room, 9x6, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1936
  • Below Grade Finished Sq Ft: 882
  • Total Fin Square Footage: 2818

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Vinyl
  • Out Buildings: Storage Shed

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: irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2013
  • Tax Value: 2832

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 23, 2013
Sold by
Fahey Lisa Lisa
Bought by
Campbell Dustin Dustin
Seller's Agent
Jill Bailey
RE/MAX Results
Buyer's Agent
Keith Maahs
Coldwell Banker Burnet
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Current Estimated Value
$464,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,053
Avg. Annual Appreciation
4.91%
Original Mortgage
$260,000
Outstanding Balance
$194,867
Interest Rate
4.28%
Estimated Equity
$264,580

Purchase Details

Closed on
Jun 19, 2001
Sold by
Arcon Development Inc
Bought by
Christian 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
Campbell Dustin Dustin $260,000 --
Christian Builders Inc $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Dustin Dustin $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $260,000 -6.8% $92 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $279,000 -- $99 / 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 $4,818 $443,300 $95,000 $348,300
2024 $4,818 $433,400 $95,000 $338,400
2023 $4,726 $452,200 $102,000 $350,200
2022 $4,530 $390,900 $85,000 $305,900
2021 $4,490 $334,200 $60,000 $274,200
2020 $4,406 $325,400 $60,000 $265,400
2019 $4,018 $313,400 $0 $0
2018 $3,760 $301,600 $0 $0
2017 $3,594 $283,200 $0 $0
2016 $3,222 $0 $0 $0
2015 $3,174 $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: 4527370

REALTOR® Association of Southern Minnesota

APN: 118-079-002180