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7848 Parell Ave

Otsego, MN 55330

4 bd 3 ba 2,257 sqft Built 2001 Lot 13,373 sqft single_family
Most recent sale
$385,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $385,000 MLS #6136288
Dec 24, 2021 Listed $375,000 MLS #6136288
Feb 20, 2002 Sold $206,900 Public Record
Aug 30, 2001 Sold $206,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,700 $95,000 $368,700 $4,074
2024 $273,700 $95,000 $368,700 $4,118
2020 $259,600 $3,608
2019 $241,600 $3,232
2018 $179,406 $46,794 $226,200 $3,018
2017 $171,734 $46,566 $218,300 $2,946
2016 $209,500 $2,894
2015 $195,100 $2,838
2014 $172,000 $2,666
2013 $157,200 $2,530
2012 $169,100 $2,578
2011 $140,700 $55,000 $195,700 $2,562
2010 $151,800 $65,000 $216,800 $2,620
2008 $187,700 $65,000 $252,700 $2,662
2007 $242,200 $2,459

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,257 sqft
Lot size
13,373 sqft
ZIP code
55330
City
Otsego
Street
Parell Ave
Coordinates
45.26474, -93.57114

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,386
Gross rental yield
10.55%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 7848 Parell Ave last sell?
7848 Parell Ave most recently sold on Jan 28, 2022 for $385,000.
What is the current tax assessment for 7848 Parell Ave?
The most recent total assessment for 7848 Parell Ave (year 2025) is $368,700 with $4,074 in property tax.
How does 7848 Parell Ave's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $385,000.
When was 7848 Parell Ave built?
7848 Parell Ave was built in 2001.
How does 7848 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 7848 Parell Ave?
7848 Parell Ave is a 4 bed, 3 bath, 2,257 sqft, 13,373 sqft lot single_family.
Is 7848 Parell Ave a flip candidate?
No — 7848 Parell Ave does not appear in our flips dataset.
Is 7848 Parell Ave a tax-appeal candidate?
No — 7848 Parell Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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