NOT LISTED FOR SALE

16875 62nd St NE Otsego, MN 55330

Estimated Value: $407,000 - $441,000

3 Beds
2 Baths
1,942 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $405,000 $209 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,518/month

70 Days on Market

Highlights

  • New Construction
  • 1 Fireplace
  • 2 Car Attached Garage
  • Hassan Elementary School Rated A-
  • Great Room
  • 1-Story Property

About This Home

As of June 2024

Ask about our $5,000 for interest rate buydown with our preferred lender. Welcome to Capstone's Hemlock floor plan. This floor plan features vaulted ceilings in the great room, owner's suite, dining room, and sunroom. The large open concept layout is perfect for hosting with with a gourmet kitchen opening into the dining room and great room. The owner's bedroom is conveniently located off of the living room and comes complete with a large walk-in closet and a private bathroom. A mudroom laundry room combo, two other bedrooms, and a full bathroom complete this one-level home. Best of all, this home features a fully completed sunroom located directly off of the dining room.

Last Agent to Sell the Property

Elijah Janasz

Capstone Realty, LLC Listed on: 02/21/2024

Last Buyer's Agent

Dara Dalthorp

Edina Realty, Inc.

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $262

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 35x239x119x54x15x151

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,942 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, trash, snow removal
  • Fristservice Residential Association, Phone Number (952) 277-2700
  • Built by CAPSTONE HOMES INC

Listing and Financial Details

  • Assessor Parcel Number 118369003120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$262

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$168 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Detached
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1942
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1942
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Great Room, Dining Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • CompletionDate: 2024-03-13

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 480

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Trash, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 168
  • Association: Yes
  • Amenities Unit: Patio

Association/Amenities

  • HOA Management Co: FristService Residential

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 35x239x119x54x15x151
  • Lot Size Sq Ft: 17859.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Builder License: 637318
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118369003120
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jun 14, 2024
Sold by
Capstone Homes Inc
Bought by
Miller Jennifer
Seller's Agent
Elijah Janasz
Capstone Realty, LLC
Buyer's Agent
Dara Dalthorp
Edina Realty, Inc.
List Price
$444,900
Sold Price
$405,000
Premium/Discount to List
-$39,900
-8.97%
Views
17
Current Estimated Value
$425,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,171
Avg. Annual Appreciation
3.66%
Original Mortgage
$154,994
Outstanding Balance
$153,354
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$268,744
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 Buyer Sale Price Title Company
Miller Jennifer $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jennifer $154,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $405,000 -6.9% $209 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $434,900 -2.2% $224 / Sq Ft
02/21/2024 02/21/24 For Sale $444,900 -- $229 / 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 $262 $406,100 $85,000 $321,100
2024 $262 $207,700 $85,000 $122,700
2023 $178 $71,500 $71,500 $0
2022 $178 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6491844

NorthstarMLS

APN: 118-369-003120