Back 7118 Parell Ave NE
Off Market

7118 Parell Ave NE

Otsego MN 55330

4
4
2
2546 sq. ft.
10367.28 sq. ft.
Single-Family
Last sold for $470,000
John SchusterJohn Schuster, last sold this property on 29 March 2024 after 61 days on market.

Overview

Welcome to this exquisite 4-bedroom, 4-bathroom 2019 built home in the heart of Otsego! The main level boasts luxury vinyl plank floors throughout seamlessly tying together all of the living space. The chefs-like kitchen includes custom Cosentino quartz countertops, matching S.S appliances, custom lighting, & a large island with extra seating. The inviting main level living room includes a cozy gas burning fireplace, recessed lighting, & great views of the backyard. The serene owners suite boasts a vaulted ceiling, walk-in closet, private 3/4 bathroom with tile floors, double sink vanity, & a walk in shower. Venture downstairs to find the recently finished lower level that includes luxury vinyl plank flooring throughout, large wet bar with Cosentino quartz countertops, spacious living room, thoughtfully built-in kennel, large bedroom, & a 3/4 bathroom with the custom quartz countertops. Located just minutes away from multiple parks, restaurants, & shopping spots.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2546 sq. ft. floor area
10367.28 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Otsego over the last 12 months, the estimated median property value of 7118 Parell Ave NE is $450k.

Median value
$450k
Estimated value range
$130k - $1.07m
Median days on market
29
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Otsego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7118 Parell Ave NE

2024
Sold
$470,000
29 Mar 2024 by John Schuster, of Coldwell Banker Realty
2019
Sold
$340,210
10 Jul 2019 by Dominic Thayer, of M/I HOMES

Happy sellers in Otsego

96%
96% of sellers in Otsego reported that their sale price either exceeded or met their price expectations.

Otsego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Otsego over the last 12 months.

Local market activity for 4 bedroom single-family properties in Otsego

In the last 12 months, 223 four-bedroom single-family properties similar to 7118 Parell Ave NE, have been sold.

This represents a 3% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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