NOT LISTED FOR SALE

11798 71st Ct NE Otsego, MN 55301

Estimated Value: $445,649 - $481,000

4 Beds
3 Baths
3,987 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $438,090 $110 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,016/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Home fronts a pond
  • 1 Fireplace
  • Rogers Senior High School Rated 9+
  • Vaulted Ceiling
  • Porch

About This Home

As of February 2022

This 4 bed/3 bath home includes vaulted ceilings on the main floor. Enter the home and you are immediately greeted by a flex room, which can serve as a den or study. The kitchen includes gray perimeter cabinets, stained island, quartz countertops, & a subway tile backsplash. Beyond the kitchen is the dining and living room with patio to back yard. Upstairs there are two bedrooms and hall bath, plus homeowner’s suite with en suite bathroom. The finished lower level has a generous rec room and fourth bedroom and bath. Landscaping and irrigation are included! Martin Farms offers two community swimming pools, a park with basketball court and tot lot, soccer field, many scenic green spaces & fun seasonal social events - all for dues of only $128 per QUARTER!

Last Listed By

Derek Schreifels

M/I Homes Listed on: 12/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 2021

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 39x133x98x40x137
  • Home fronts a pond
  • Sprinkler System

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Outdoor Features

  • Heated In Ground Pool
  • Porch

Additional Features

  • Air Exchanger
  • Sod Farm
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 118329001090

Community Details

Overview

  • Association fees include professional mgmt, shared amenities
  • Associa Mn Association
  • Built by LENNAR
  • Martin Farms Community
  • Martin Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 2021

Lot Details

0

HOA Fees

$43 per month

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Vinyl
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Community Name: Martin Farms
  • Fee Frequency: Quarterly
  • Year Built: 2021
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1582.00
  • Above Grade Finished Area Search: 1582.00
  • Above Grade Finished Sq Ft: 1582.00
  • Assessment Pending Y N: No
  • Association Management: Associa MN
  • Management Company Phone: 763-225-6400
  • Below Grade Finished Sq Ft: 746.00
  • Below Grade Total Sq Ft: 2405.00
  • Below Grade Units: Square Feet
  • Builder Association Name: Builders Association of the Twin Cities
  • Carport Y N: No
  • Co Listing Association Office S K: 10159
  • Floor Plan Type: 3 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 638.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10159
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2328.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 704.00
  • Main Level Area Units: Square Feet
  • Mls Major Change Type: Closed
  • Rental License: No
  • Stories Type: Three Level Split
  • Water Body Name: Unnamed Lake
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Drain Tiled, Finished (Livable), Poured Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Furnace Humidifier, Microwave, Range, Refrigerator
  • Dining Room Features: Kitchen/Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: 3/4 Master, Full Basement, Private Master, Upper Level 3/4 Bath, Upper Level Full Bath
  • Living Area: 3987.00
  • Fireplace: Yes
  • Stories: 3
  • Below Grade Finished Sq Ft: 746.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • PoolFeatures: Below Ground, Heated, Outdoor, Shared

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Association Fee: 128.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: In-Ground Sprinkler, Kitchen Center Island, Kitchen Window, Master Bedroom Walk-In Closet, Porch, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • School District: 728 - Elk River
  • School District Phone: 763-241-3400

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Under Construc/Spec Homes
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 39x133x98x40x137
  • Builder License: 1413
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Sod Included in Price
  • Lot Size Acres: 0.2780
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lot 9, Block 3, Martin Farms 6th Addition
  • Tax Amount: 350.00
  • Tax Year: 2021
  • Tax With Assessments: 349.00
  • Assessor Parcel Number: 118329001090

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Pond

MLS Schools

  • School District Name: 728 - Elk River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Feb 18, 2022
Sold by
Us Home Corporation
Bought by
Bostrom Jack
Seller's Agent
Derek Schreifels
M/I Homes
Buyer's Agent
Liz Jacobs Michka
Right Realty Inc.
List Price
$438,090
Sold Price
$438,090
Total Days on Market
7
Current Estimated Value
$463,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,572
Avg. Annual Appreciation
1.04%
Original Mortgage
$416,185
Outstanding Balance
$392,997
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$59,981

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bostrom Jack $438,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostrom Jack $416,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $438,090 0.0% $110 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $438,090 -- $110 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,832 $406,600 $95,000 $311,600
2023 $4,318 $453,600 $102,000 $351,600
2022 $416 $355,700 $85,000 $270,700
2021 $342 $50,000 $50,000 $0
2020 $186 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST6132940

NorthstarMLS

APN: 118-329-001090