$324,900
SOLD AUG 20, 2025

15573 87th Ln Otsego, MN 55330

3 Beds
2.5 Baths
1,818 Sq Ft
$295/mo HOA Fee

Recently Sold

$179 Per Sq Ft

2% Below List Price

56 Days on Market

Highlights

  • Loft
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Rogers Middle School Rated A-
  • Patio
  • Humidifier

About This Home

As of August 2025

This beautiful almost new townhome comes with 3 generously sized bedrooms, with natural light everywhere! It also includes 3 baths, upper level laundry, a comfortable loft space, a 2 car garage, and a private patio. The private primary en suite bathroom is sure to please with separate tub and shower. The kitchen has high quality finishes, is open to the living room and dining area, and features a sliding glass door that provides light and access to the concrete patio. The backyard overlooks an open field, providing privacy and nature views. The homeowner added an epoxy coating in the garage, making it "better than new." Well taken care of, this home is only available due to the sellers being relocated due to an employment change. It's situated in the heart of Otsego, with quick access to shops and restaurants! There are also trails and riverside parks nearby. This home is priced competitively and is sure to please buyers. Schedule a showing today and see it for yourselves!

Last Agent to Sell the Property

Gerhardt Mahling

eXp Realty Brokerage Phone: 763-742-3754 Listed on: 05/14/2025

eXp Realty

Co-Listed By

Anthony Giglio

eXp Realty Brokerage Phone: 763-742-3754

Last Buyer's Agent

Melanie Dunker

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $198

Year Built

  • Built in 2024

Lot Details

  • 1,786 Sq Ft Lot
  • Lot Dimensions are 32x56
  • Few Trees

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, trash, snow removal
  • Associa Association, Phone Number (763) 225-6400
  • Parrish Mdws Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118360025030

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$198

Year Built

Built in 2024

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1818
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-742-3754
  • Attribution Contact: 763-742-3754
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Freezer, Humidifier, Microwave, Range, Refrigerator
  • Fireplace Features: Electric, Living Room
  • Living Area: 1818
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Other, Maintenance Grounds, Trash, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 295
  • Association: Yes
  • Amenities Unit: Indoor Sprinklers,Primary Bedroom Walk-In Closet,Other,Patio,In-Ground Sprinkler,Walk-In Closet

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 32x56
  • Lot Size Sq Ft: 1785.96
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118360025030
  • Tax Annual Amount: 198
  • TaxWithAssessments: 198.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Aug 14, 2025
Sold by
Guillen Agustin Mendoza and Villalobos Cheryl Gomez
Bought by
Olson Kristin D
Seller's Agent
Gerhardt Mahling
eXp Realty
Buyer's Agent
Melanie Dunker
eXp Realty
List Price
$329,900
Sold Price
$324,900
Premium/Discount to List
-$5,000
-1.52%
Views
23
Current Estimated Value
$329,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,233
Avg. Annual Appreciation
3.06%
Original Mortgage
$259,920
Outstanding Balance
$259,695
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$69,438

Purchase Details

Closed on
Jul 18, 2024
Sold by
Us Home Llc
Bought by
Guillen Agustin and Villalobos Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,489
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $324,900 Knight Barry Title
Deed $324,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,920 New Conventional
Previous Owner $272,489 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Sold $324,900 0.0% $179 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $324,900 -1.5% $179 / Sq Ft
05/17/2025 05/17/25 For Sale $329,900 -- $181 / Sq Ft
Source: NorthstarMLS

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 $472 $312,400 $45,000 $267,400
2024 $198 $61,600 $30,000 $31,600
2023 $158 $27,500 $27,500 $0
2022 $42 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6717263

NorthstarMLS

APN: 118-360-025030