$472,210
SOLD JUL 25, 2025

12324 71st St NE Otsego, MN 55330

4 Beds
3.5 Baths
2,402 Sq Ft
0.28 Acres

Recently Sold

$197 Per Sq Ft

4% Below List Price

131 Days on Market

Highlights

  • New Construction
  • Living Room with Fireplace
  • Stainless Steel Appliances
  • Rogers Middle School Rated 9+
  • No HOA
  • The kitchen features windows

About This Home

As of July 2025

***Ask how you can receive a 5.5% FHA/VA or a 5.99% Conventional 30-year fixed rate AND up to $5,000 in closing costs.***
***COMPLETED NEW CONSTRUCTION*** Introducing another new construction opportunity from D.R. Horton, America’s Builder. The Finnegan is your next dream home! This plan features a private main level office flex area with study doors along with an open living, kitchen and dining area featuring vaulted ceilings. Kitchen boasts a center island, walk-in corner pantry, stainless-steel appliances and Harbor Grey cabinets. One nice feature about the Finnegan is that each of the upper-level bedrooms has a walk-in closet - Primary bedroom has TWO!! Not to mention FINISHED LOWER LEVEL!! Take this home and place it in the great location of minutes from I94 for easy commuting, minutes from Albertville Premium Outlet Malls for easy shopping and minutes from a variety of entertainment and dining, what more could you ask for?

Last Agent to Sell the Property

Joel DeMaris

D.R. Horton, Inc. Listed on: 01/23/2025

D.R. Horton, Inc.

Last Buyer's Agent

Adrian Clercx

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $906

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 101 x 176 x 36 x 179

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Flex
  • Architectural Shingle Roof

Interior Spaces

  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Built by D.R. HORTON
  • Northwater Community
  • Northwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118361003150

Home Details

Home Type

Single Family

Est. Annual Taxes

$906

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1796
  • Unit Levels: Three Level Split
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Stainless Steel Appliances, Tankless Water Heater
  • Fireplace Features: Electric, Living Room
  • Living Area: 2402
  • Below Grade Finished Sq Ft: 606
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Flex Room, Utility Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PatioPorchType: Covered,Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 618
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Humidifier
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Northwater

Association/Amenities

  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 101 x 176 x 36 x 179
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 605657
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118361003150
  • Tax Annual Amount: 906
  • TaxWithAssessments: 906.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Jul 25, 2025
Sold by
Dr Horton Inc
Bought by
Larson Brooke and Sylvester Kyle
Seller's Agent
Joel DeMaris
D.R. Horton, Inc.
Buyer's Agent
Adrian Clercx
Real Broker, LLC
List Price
$489,990
Sold Price
$472,210
Premium/Discount to List
-$17,780
-3.63%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.63%
Original Mortgage
$422,210
Outstanding Balance
$421,494
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$51,308
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $472,209 Dhi Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,210 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $472,210 +0.5% $197 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $469,990 -1.1% $196 / Sq Ft
03/11/2025 03/11/25 Price Changed $474,990 -2.1% $198 / Sq Ft
02/21/2025 02/21/25 Price Changed $484,990 -1.0% $202 / Sq Ft
02/06/2025 02/06/25 Price Changed $489,990 -0.6% $204 / Sq Ft
02/03/2025 02/03/25 Price Changed $492,990 +1.2% $205 / Sq Ft
01/30/2025 01/30/25 Price Changed $486,990 -0.6% $203 / Sq Ft
01/23/2025 01/23/25 For Sale $489,990 -- $204 / 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
2025 $1,120 $453,900 $95,000 $358,900
2024 $264 $85,000 $85,000 $0
2023 $264 $71,500 $71,500 $0
2022 $102 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6652459

NorthstarMLS

APN: 118-361-003150