NOT LISTED FOR SALE

15580 87th Ln Otsego, MN 55330

Estimated Value: $336,000 - $361,000

3 Beds
2.5 Baths
1,906 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $350,990 $184 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,160/month

17 Days on Market

Highlights

  • New Construction
  • Loft
  • 2 Car Attached Garage
  • Rogers Middle School Rated 9+
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Buy new for a peace of mind and warranties! Welcome to Otsego's newest townhome community, Parrish Meadows! This end unit Jefferson is available for a Winter 2024 Completion. This community is in the heart of new shopping, entertainment, and restaurants while still being just minutes from MN 101. This home offers 3 bedrooms, a private 3/4 owners bath, and a full upper level bath. The large loft offers a great space for a workstation or play area - you will love the spacious floorplan! Tons of storage and workspace are available in the well-appointed kitchen that features quartz countertops and ceramic tile backsplash. The open plan is family friendly and great for entertaining. All kitchen appliances, electric fireplace, and window blinds are included!

Last Agent to Sell the Property

Cole Weaver

Lennar Sales Corp Listed on: 09/21/2023

Lennar Sales Corp

Co-Listed By

Shelby Burgess

Lennar Sales Corp

Last Buyer's Agent

Phyllis Catton

HomeFront Management Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,352 Sq Ft Lot
  • Lot Dimensions are 42x56x42x56

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shake Siding

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, professional mgmt, snow removal
  • Associa Association, Phone Number (763) 225-6400
  • Built by LENNAR
  • Parrish Meadows Community

Listing and Financial Details

  • Property Available on 2/16/24

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,342

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$225 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: 2023
  • Above Grade Finished Sq Ft: 1906
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Freezer, Humidifier, Microwave, Refrigerator
  • Fireplace Features: Electric, Living Room
  • Living Area: 1906
  • Basement YN: No
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft

Beds/Baths

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

Exterior Features

  • CompletionDate: 2024-02-16

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 377
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 225
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Patio,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Parrish Meadows

Association/Amenities

  • HOA Management Co: Associa
  • 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: Yes
  • Lot Size: 42x56x42x56
  • Lot Size Sq Ft: 2352
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood, Shake Siding, Vinyl Siding, Wood Siding

Rental Info

  • Available Date: 2024-02-16

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 42
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Feb 28, 2024
Sold by
Us Home Llc
Bought by
Norby Kristen
Seller's Agent
Cole Weaver
Lennar Sales Corp
Buyer's Agent
Phyllis Catton
HomeFront Management Inc
List Price
$362,510
Sold Price
$350,990
Premium/Discount to List
-$11,520
-3.18%
Views
27
Current Estimated Value
$343,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,144
Avg. Annual Appreciation
-1.28%
Original Mortgage
$150,990
Outstanding Balance
$148,464
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$195,382

Purchase Details

Closed on
Mar 15, 2023
Sold by
Tamarack Land ? Parrish Meadows Llc
Bought by
Us Home Llc
Source: Public Records

Range of Values:

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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
Norby Kristen $350,990 --
Us Home Llc $1,427,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norby Kristen $150,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $350,990 +2.9% $184 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $340,990 -5.9% $179 / Sq Ft
09/21/2023 09/21/23 For Sale $362,510 -- $190 / 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 $1,342 $318,200 $45,000 $273,200
2024 $198 $147,100 $45,000 $102,100
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: 6437555

NorthstarMLS

APN: 118-360-019010