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7645 Palomino Avenue Northeast

7645 Palomino Avenue Northeast, Elk River, MN 55330
Property in Otsego
Sold Aug 12, 2021
$262,000
$246,235 by Churchill Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Nov 16, 2016
$184,000
$184,000
Mortgage
7645 Palomino Avenue Northeast has been categorized by the local assessors in Elk River, MN as a residential type of property. The building on the property was first built in 2004 and is 20 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 3 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7645 Palomino Avenue Northeast has 1,484 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 500 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 684 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7645 Palomino Avenue Northeast was last sold in Jul 20, 2021 for $262,000. According to our calculations, that's $176.55 per sqft. Prior to that sales transaction, the property was sold for $184,000 in Nov 16, 2016. Current property owners are expected to pay $3,160 in taxes per year. The property on 7645 Palomino Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,600. To break that down further, the land itself was valued at $38,500. While improvements to the property were assessed at a total of $262,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,600
  • Total Building Area: 1,484
  • Gross Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,484
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RIDGE 6TH ADDN
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-27 TWP-121 RANGE-023 PHEASANT RIDGE 6TH ADDN LOT-034 BLOCK-001 OCK-001

Ownership

  • Current Owner : MAKI KATRINA
  • Current Owner 2: MAKI BRENT
  • Previous Owner : THILL JUSTIN D
  • Previous Owner 2: THILL DALAYNA
  • Owner Before Previous Owner: EIDEM HEATHER HEATHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elk River Public School District
  • School Tax School District: ELK RIVER
  • Census Tract: 100101

Geography

  • Assessors Map Reference: MB 097
  • District: 3001
  • Parcel: 118-097-001340
  • Block: 1
  • Lot: 34
  • Meridian: SEC 27 TWN 121 RNG 023
  • Municipality: CITY OF OTSEGO
  • Latitude: 45.2616
  • Longitude: -93.5748

    Address

  • Full Address: 7645 Palomino Ave Ne
  • Address - House Number: 7645
  • Street Segment Direction: NE
  • Address - Street Name: Palomino
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Elk River
  • Carrier Code: R016
  • 4-Digit Zip Code: 0108
  • Zip Code: 55330

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,160
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 292,655
  • High Value: 355,106
  • Low Value: 230,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,235
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $246,235
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $300,600
  • Market Land Value: $38,500
  • Market Improvement Value: $262,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,600
  • Assessed Land Value: $38,500
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11853185405
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1480098
  • Previous Sale Recording Date: Nov 16, 2016
  • Previous Sale Contract Date: Nov 16, 2016
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $246,235
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Transaction Date: Nov 16, 2016
  • Previous Mortgage Loan Amount: $184,000

About Otsego



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Frequently Asked Questions

What neighborhood is 7645 Palomino Avenue Northeast located in?
The 7645 Palomino Avenue Northeast is a located in the neighborhood of Otsego in Otsego, Elk River.
What is the average sales price for listings in 7645 Palomino Avenue Northeast?
The average sales price for units in 7645 Palomino Avenue Northeast is $0 currently.

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