NOT LISTED FOR SALE

12086 78th St NE Otsego, MN 55301

Estimated Value: $523,269 - $581,000

5 Beds
3.5 Baths
3,087 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $365,000 $118 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,313/month

108 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • No HOA
  • Rogers Senior High School Rated 9+
  • Loft
  • Porch

About This Home

As of January 2016

Last Opportunity! Wonderful new construction! This model features 4 bedrooms up, hardwood floors, stainless appliances, First Floor Suite with Separate Kitchenette, Living Space and Bathroom , Formal dining, and spacious Master Suite with tray ceiling and Spa Bath.

Last Listed By

Kristin Olson

JPW Realty Listed on: 06/19/2015

JPW Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 160x80
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 3,087 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Porch
  • Sod Farm

Community Details

  • No Home Owners Association
  • Built by K HOVNANIAN HOMES OF MINNESOTA LLC
  • Arbor Creek Community

Listing and Financial Details

  • Assessor Parcel Number 118221005060

Home Details

Home Type

Single Family

Est. Annual Taxes

$283

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Cement Board, Vinyl
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Community Name: Arbor Creek
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 3087.00
  • Above Grade Finished Area Search: 3087.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 14513
  • Floor Plan Type: 2nd Floor Laundry, 4 BR on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 14513
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3087.00
  • Living Area Finished Units: Square Feet
  • Model Phone Number: 763-777-9010
  • Parcel Numbers: 118221005060
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 15.00
  • Total Units Available Count: 4
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Drain Tiled, Egress Windows, Full, Poured Concrete, Sump Pump, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Furnace Humidifier, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas Burning
  • Family Room Features: 2 or More, Loft, Main Level
  • Bathroom Type: 3/4 Primary, Basement, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Private Primary, Rough In, Upper Level 3/4 Bath, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt Shingles
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Asphalt

Utilities

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

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Hardwood Floors, In-Ground Sprinkler, Porch, Walk-In Closet, Washer/Dryer Hookup

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Completed New Construction
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 160x80
  • Builder License: 543466
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Sod Included in Price
  • Lot Size Acres: 0.2940
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: Yes

Tax Info

  • TaxLegalDescription: SECT-30 TWP-121 RANGE-023 ARBOR CREEK 3RD ADDN LOT-006 BLOCK-005
  • Tax Amount: 283.00
  • Tax Year: 2014
  • Tax With Assessments: 298.00
  • Assessor Parcel Number: 118221005060

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • Total Units Sold Count: 23

MLS Schools

  • School District Name: 728 - Elk River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Gordon King Vanesha V and King Vinton
Bought by
Ethen Heather and Ethen David
Total Days on Market
108
Current Estimated Value
$555,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,465
Outstanding Balance
$424,956
Interest Rate
2.73%
Mortgage Type
VA
Estimated Equity
$115,410

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jan 28, 2016
Sold by
K Hovnanian Homes Of Minnesota At Arbor
Bought by
Gordon King Vanesha V and King Vinton
Seller's Agent
Kristin Olson
JPW Realty
Buyer's Agent
Tara O'Connor
K Hovnanian Homes
List Price
$442,000
Sold Price
$365,000
Premium/Discount to List
-$77,000
-17.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Jan 2, 2014
Sold by
Centra Homes Llc
Bought by
K Hovnanian Homes Of Minnesota At Arbor

Purchase Details

Closed on
Sep 16, 2013
Sold by
Ohw Llc
Bought by
Centra Homes Llc

Range of Values:

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Average Value
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List Price
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
Ethen Heather $457,000 Chicago Title Edina
Gordon King Vanesha V $365,000 Stewart Title
Centra Homes Llc $3,986,800 --
Ethen Heather Heather $457,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ethen Heather $465,465
Closed Centra Homes Llc --
Closed Ethen Heather Heather $457,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $365,000 -5.2% $118 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/16/2015 09/16/15 Price Changed $385,000 -6.8% $125 / Sq Ft
07/24/2015 07/24/15 Price Changed $413,000 -0.5% $134 / Sq Ft
06/30/2015 06/30/15 Price Changed $415,000 -6.1% $134 / Sq Ft
06/19/2015 06/19/15 For Sale $442,000 -- $143 / 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 $4,412 $520,500 $95,000 $425,500
2023 $5,860 $564,100 $102,000 $462,100
2022 $5,946 $482,700 $85,000 $397,700
2021 $5,922 $431,200 $60,000 $371,200
2020 $5,918 $420,900 $55,000 $365,900
2019 $5,308 $411,500 $0 $0
2018 $4,894 $400,000 $0 $0
2017 $4,718 $370,000 $0 $0
2016 $4,040 $0 $0 $0
2015 $452 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4613699

NorthstarMLS

APN: 118-221-005060