7623 Palomino Avenue NE - Photo 1
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7623 Palomino Avenue NE
7623 Palomino Avenue NE
7623 Palomino Avenue NE
7623 Palomino Avenue NE
7623 Palomino Avenue NE

7623 Palomino Avenue NE, Otsego, MN 55330 - MLS# 7154043

MLS® #: 7154043|Days on Market: 27|Listed: Oct 1, 2026

$305,000

Bedrooms
3
Bathrooms
4
Square Feet
2,128
Acres
0.059
Year Built
2005
Property Type
Residential
Heating
Natural Gas, Forced Air, Fireplace(s)
Cooling
Ceiling Fan(s), Central Air
Garages
2
Days on Market
27
School District
728 - Elk River

The One You Have Been Waiting For!

Some homes simply check the boxes. This is the kind of home that makes you want to stay awhile.

Tucked into a peaceful, established neighborhood in desirable Otsego, this inviting townhome offers the space, comfort, and flexibility you have been looking for—with a wonderful sense of privacy and a location that keeps you close to everything.

THEN there is the wrap-around porch—truly one of the highlights of this home. Imagine beginning your morning with a cup of coffee as you enjoy the quiet surroundings, gathering with friends on a beautiful summer evening, or simply taking a few minutes to unwind at the end of the day. It is the kind of outdoor space that turns a house into a place you genuinely love coming home to.

Inside, where there is more than enough natural light, the generous, open floor plan provides room for everyday living and memorable gatherings alike. The finished lower-level adds an entirely different dimension to the home, offering a comfortable living area, bathroom, and egress window—with the flexibility to create a private guest retreat, home office, recreation space, or additional sleeping area.

Located in growing Otsego, you’ll enjoy the best of both worlds: the peaceful, welcoming feel of a semi-rural community while remaining just minutes from a convenient highway system that connects you to shopping, dining, entertainment, employment centers, and all the places life takes you.

There is room here to live a little, entertain a lot, and make memories for years to come.

Beautifully situated. Thoughtfully designed. Full of possibilities. And that porch? You really need to see it.

Come take a look—you may walk in expecting to see a house and walk out already imagining home.

7623 Palomino Avenue NE, Otsego, MN 55330

Ask an Agent

Interior Information

BasementEgress Window(s), Finished, Full, Sump Basket
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
CoolingCentral Air
HeatingForced Air, Fireplace(s)
FuelNatural Gas
Fireplaces1
Fireplace FeaturesGas, Living Room
LaundryMain Level, In Unit
Dining RoomBreakfast Bar, Informal Dining Room, Kitchen/Dining Room
Interior AmenitiesCeiling Fan(s), Deck, Primary Bedroom Walk-In Closet, Porch, In-Ground Sprinkler, Tile Floors

Size & Levels

LevelsTwo
Total Finished Sq Ft2,128 sq ft
Above Grade Finished1,482 sq ft
Below Grade Finished646 sq ft
Main Level Finished1,482 sq ft

Bathrooms

Full Baths2
1/2 Baths2
Bathroom Details1/2 Basement, Double Sink, Bathroom Ensuite, Full Primary, Private Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Full Bath, Jetted Tub

Rooms

Main Level Rooms

Living Room13' x 13'
Dining Room11' x 10'
Kitchen13' x 9'
Porch13' x 7'

Upper Level Rooms

Bedroom15' x 11'
Bedroom 212' x 10'
Bedroom 310' x 10'
Deck5' x 4'

Lower Level Rooms

Family Room25' x 12'

Exterior & Parking

ExteriorStone, Vinyl
ConstructionBlock, Post and Beam, Brick, Concrete, Stone
RoofAge 8 Years or Less, Architectural Shingle
FoundationBlock, Pillar/Post/Pier
Patio / PorchPorch, Wrap Around
Garage Stalls2
ParkingAttached Garage, Asphalt, Garage Door Opener, Guest Parking, Tuckunder Garage

Lot & Utilities

Property Subtype(TH) Side x Side
Townhouse TypeEnd Unit,Multi-Level
Lot Size0.059 acres
Lot Dimensions52x50x52x50
Lot DescriptionCorner Lot, Tree Coverage - Light, Zero Lot Line
ZoningResidential-Single Family
SubdivisionPheasant Ridge 8th Add
TownshipOtsego
CountyWright
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets
Power CompanyWright-Hennepin Cooperative

Homeowners Association

Association Fee$337 / month
AssociationOmega Property Management
Fee IncludesBuilding Exterior, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Snow Removal, Water
AmenitiesIn-Ground Sprinkler System

Financial & Tax Information

Annual Taxes$2,904
Tax Year2025
Tax w/ Assessments$2,904
Parcel Number118185002240
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 2000-2009, about 86% of occupied homes are owner-occupied, and the average commute is 27 minutes.

Cost of Ownership

Median home value

$376,300

Similar to the Twin Cities metro

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,662/yr

Lower than the Twin Cities metro

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,125/mo

Similar to the Twin Cities metro

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$761/mo

Similar to the Twin Cities metro

Median monthly housing costs for owners without a mortgage.

Median rent

$1,766/mo

Higher than the Twin Cities metro

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

86%

Higher than Twin Cities metro overall

The share of occupied homes lived in by their owners.

Median year built

2006

Similar to the Twin Cities metro

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2020 or later8%
  • 2010-201927%
  • 2000-200940%
  • 1990-19998%
  • 1980-19896%

Types of homes

The share of housing units in each building type.

  • Single-family detached63%
  • Townhome / attached24%
  • Mobile home8%

Getting Around

Average commute

27 min

Higher than the Twin Cities metro

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone76%
  • Carpool6%
  • Work from home15%

Homes with broadband

96%

Similar than Twin Cities metro overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Elk River Public School District

This home is in the Otsego Elementary, Prairie View Middle School and Rogers Senior High attendance areas of Elk River Public School District.

Elementary

Otsego Elementary

Grades K-4 · 0.6 mi away

Enrollment
536
Students per teacher
17.3

8125 NE River Rd, Otsego, MN 55330

(763) 241-3494

Middle

Prairie View Middle School

Grades 5-8 · 3.2 mi away

Enrollment
953
Students per teacher
25.8

8300 Maciver Ave NE, Otsego, MN 55330

(763) 241-3400

High

Rogers Senior High

Grades 9-12 · 3.7 mi away

Enrollment
1,888
Students per teacher
28.2

21000 141st Ave, Rogers, MN 55374

(763) 274-3140

School assignments can change. Verify enrollment with Elk River Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Elite Realty Minnesota
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.