15588 87th Ln Otsego, MN 55330
3
Beds
2.5
Baths
1,804
Sq Ft
$228/mo
HOA Fee
Highlights
- New Construction
- Loft
- Forced Air Heating and Cooling System
- Rogers Senior High School Rated 9+
- 2 Car Attached Garage
- Humidifier
About This Home
As of March 2024Time to rethink townhome living with the Madison. The ideal home, lifestyle and location you’ve been searching for. The Madison is a modern row home with an abundance of natural light along with 3 spacious bedrooms, 3 luxurious baths, essential upper-level laundry, inviting loft space, 2 car garage, relaxing great room, beautiful kitchen, private patio and much more. Parrish Meadows is the newest community in the heart of Otsego with quick access to Target and numerous shops and restaurants. Residents will enjoy the nearby walking trails and Mississippi River shoreline recreation sites such as Carrick Landing Park and Norin Landing Park.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $198
Year Built
- Built in 2023 | New Construction
Lot Details
- 174 Sq Ft Lot
- Lot Dimensions are 32x56x32x56
HOA Fees
- $228 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,804 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Living Room with Fireplace
- Loft
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
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, trash
- Associa Association, Phone Number (763) 225-6400
- Built by LENNAR
- Parrish Meadows Community
Listing and Financial Details
- Property Available on 3/11/24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Mar 11, 2024
Sold by
Us Home Llc
Bought by
Home Shelly
Seller's Agent
Angela Hively
Lennar Sales Corp
Buyer's Agent
Brian Scates
Scates Real Estate, LLC
List Price
$343,740
Sold Price
$317,990
Premium/Discount to List
-$25,750
-7.49%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$302,091
Outstanding Balance
$297,700
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$27,412
Purchase Details
Closed on
Mar 15, 2023
Sold by
Tamarack Land ? Parrish Meadows Llc
Bought by
Us Home Llc
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $317,990 | -- | |
| Deed | $1,427,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $302,091 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $323,000 | -0.6% | $179 / Sq Ft |
| 07/27/2025 07/27/25 | Price Changed | $325,000 | -1.2% | $180 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $329,000 | -0.9% | $182 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $332,000 | +4.4% | $184 / Sq Ft |
| 03/11/2024 03/11/24 | Sold | $317,990 | 0.0% | $176 / Sq Ft |
| 01/14/2024 01/14/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | Price Changed | $317,990 | -0.6% | $176 / Sq Ft |
| 12/19/2023 12/19/23 | Price Changed | $319,990 | -1.5% | $177 / Sq Ft |
| 12/12/2023 12/12/23 | Price Changed | $324,990 | -2.1% | $180 / Sq Ft |
| 11/30/2023 11/30/23 | Price Changed | $331,990 | -0.9% | $184 / Sq Ft |
| 11/15/2023 11/15/23 | Price Changed | $334,990 | -2.5% | $186 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $343,740 | -- | $191 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $198 | $312,400 | $45,000 | $267,400 |
| 2024 | $198 | $129,900 | $30,000 | $99,900 |
| 2023 | $158 | $27,500 | $27,500 | $0 |
| 2022 | $42 | $25,000 | $25,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Scates
Seller's Agent in 2025
Brian Scates
Scates Real Estate, LLC
(612) 877-2100
2 in this area
256 Total Sales
-
Raleigh Golden
R
Seller Co-Listing Agent in 2025
Raleigh Golden
Scates Real Estate, LLC
(612) 877-2100
26 Total Sales
-
Angela Hively
Seller's Agent in 2024
Angela Hively
Lennar Sales Corp
(612) 810-2604
3 in this area
87 Total Sales
-
Shelby Burgess
S
Seller Co-Listing Agent in 2024
Shelby Burgess
Lennar Sales Corp
(612) 394-3873
33 in this area
171 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6446859
APN: 118-360-019030
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