7662 Parell Ave
Otsego, MN 55330
4 bd 3 ba 2,374 sqft Built 2021 Lot 9,583 sqft single_family
Most recent sale
$525,780
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $525,780 | MLS #6167771 |
| Mar 22, 2022 | Listed | $525,780 | MLS #6167771 |
| Sep 28, 2021 | Listing removed | $442,990 | NorthstarMLS |
| Jul 12, 2021 | Listed | $442,990 | MLS #6022409 |
| May 1, 2017 | Sold | $2,625,482 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $435,557 | $4,832 |
| 2024 | — | — | $435,557 | $5,200 |
| 2023 | — | — | $100,600 | $1,292 |
| 2022 | — | $45,000 | $45,000 | $758 |
| 2021 | — | $45,000 | $45,000 | $772 |
| 2020 | — | $45,000 | $45,000 | $792 |
| 2019 | — | $45,000 | $45,000 | $740 |
| 2018 | — | $21,300 | $21,300 | $356 |
| 2017 | — | $15,400 | $15,400 | $266 |
| 2016 | — | — | $9,600 | $174 |
| 2015 | — | $3,600 | $3,600 | $44 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,374 sqft
Lot size
9,583 sqft
ZIP code
55330
City
Otsego
Street
Parell Ave
Coordinates
45.26166, -93.57085
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,561
Gross rental yield
8.13%
Implied cap rate
5.28%
Trend-extrapolated value
—
Frequently asked questions
When did 7662 Parell Ave last sell?
7662 Parell Ave most recently sold on Jun 17, 2022 for $525,780.
What is the current tax assessment for 7662 Parell Ave?
The most recent total assessment for 7662 Parell Ave (year 2025) is $435,557 with $4,832 in property tax.
How does 7662 Parell Ave's assessment compare to its last sale price?
The current assessment is 17.2% below the last sale price of $525,780.
When was 7662 Parell Ave built?
7662 Parell Ave was built in 2021.
How does 7662 Parell Ave compare to others on Parell Ave?
We track 8 other properties on Parell Ave. Browse the list under "Other properties on Parell Ave" to compare beds, baths, and sale history.
What are the property facts for 7662 Parell Ave?
7662 Parell Ave is a 4 bed, 3 bath, 2,374 sqft, 9,583 sqft lot single_family.
Is 7662 Parell Ave a flip candidate?
No — 7662 Parell Ave does not appear in our flips dataset.
Is 7662 Parell Ave a tax-appeal candidate?
No — 7662 Parell Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Parell Ave