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8435 Parell Ave

Otsego, MN 55330

4 bd 2 ba 1,952 sqft Built 1993 Lot 50,268 sqft single_family
Most recent sale
$343,000
Jan 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 11, 2022 Sold $343,000 MLS #6128332
Nov 19, 2021 Listed $339,900 MLS #6128332

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $216,800 $3,144
2019 $212,300 $2,742
2018 $201,100 $2,590
2017 $139,172 $51,528 $190,700 $2,414
2016 $129,482 $46,218 $175,700 $2,244
2015 $159,100 $2,186
2014 $147,200 $2,134
2013 $135,200 $2,042
2012 $124,300 $2,084
2011 $133,800 $2,124
2010 $106,600 $56,800 $163,400 $2,200
2008 $139,600 $65,000 $204,600 $2,100

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,952 sqft
Lot size
50,268 sqft
ZIP code
55330
City
Otsego
Street
Parell Ave
Coordinates
45.27299, -93.57281

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,928
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 8435 Parell Ave last sell?
8435 Parell Ave most recently sold on Jan 11, 2022 for $343,000.
What is the current tax assessment for 8435 Parell Ave?
The most recent total assessment for 8435 Parell Ave (year 2020) is $216,800 with $3,144 in property tax.
How does 8435 Parell Ave's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $343,000.
When was 8435 Parell Ave built?
8435 Parell Ave was built in 1993.
How does 8435 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 8435 Parell Ave?
8435 Parell Ave is a 4 bed, 2 bath, 1,952 sqft, 50,268 sqft lot single_family.
Is 8435 Parell Ave a flip candidate?
No — 8435 Parell Ave does not appear in our flips dataset.
Is 8435 Parell Ave a tax-appeal candidate?
No — 8435 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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