NOT LISTED FOR SALE

17488 59th St NE Otsego, MN 55374

Estimated Value: $502,000 - $526,000

5 Beds
3.5 Baths
2,852 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $500,000 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,183/month

18 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • 3 Car Attached Garage
  • Hassan Elementary School Rated A-
  • The kitchen features windows
  • Living Room

About This Home

As of June 2023

Why build when this pristine home has all of the extras done- finished lower level, deck,custom blinds, washer/dryer and water softener with drinking Open Living Room w/many windows & fireplace.Eating Area flows to 12x16 maintenance free deck w/ gorgeous nature views and plenty of wildlife.Beautifully appointed kitchen w/new upgraded dishwasher and microwave.Space for everyone at the large center island and space for everything else in the many cabinets and pantry. A half bath completes this level.Upstairs you will find 4 bedrooms.The shared full bath has dual sinks.Owners suite w/private owners bath w/walk in shower and huge walk in closet.Easy upper level laundry area.Professionally finished lower level has a great Family Room space and another bedroom and 3/4 bath.Crazy storage!Over 325 sq feet of storage in the utility room and also an extended garage.Brand new water softener with drinking water filter.Just steps from Frankfort park w/tennis courts, play area, baseball and more.

Last Agent to Sell the Property

Heidi Haaland

RE/MAX Results Listed on: 05/15/2023

RE/MAX Results

Last Buyer's Agent

Lisa Handley

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 2019

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x148x65x148

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Cable TV Available

Community Details

  • Association fees include professional mgmt
  • Associa Association, Phone Number (763) 225-6400
  • Meadows/River Pointe 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118309002030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,484

Year Built

Built in 2019

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 2148
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Electric, Insert
  • Living Area: 2852
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 704
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Deck, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • SqFtTotal: 3210.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Composite Decking

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 725
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt
  • Phone: 763-225-6400
  • Association Fee: 70
  • Association: Yes
  • Amenities Unit: Deck,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,In-Ground Sprinkler,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x148x65x148
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118309002030
  • Tax Annual Amount: 5484
  • TaxWithAssessments: 5484.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 23, 2023
Sold by
Reust Jeffery and Reust Lori
Bought by
Specht Deanna and Specht William
Seller's Agent
Heidi Haaland
RE/MAX Results
Buyer's Agent
Lisa Handley
RE/MAX Advantage Plus
List Price
$520,000
Sold Price
$500,000
Premium/Discount to List
-$20,000
-3.85%
Views
50
Current Estimated Value
$517,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,335
Avg. Annual Appreciation
1.16%
Original Mortgage
$440,800
Outstanding Balance
$429,865
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$83,343

Purchase Details

Closed on
Jul 18, 2019
Sold by
Us Home Corporation
Bought by
Reust Jeffrey T and Reust Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Specht Deanna $500,000 --
Reust Jeffrey T $350,000 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Specht Deanna $440,800
Previous Owner Reust Jeffrey T $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $500,000 0.0% $175 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $500,000 -3.8% $175 / Sq Ft
05/15/2023 05/15/23 For Sale $520,000 -- $182 / 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 $5,002 $462,500 $105,000 $357,500
2024 $5,452 $456,800 $95,000 $361,800
2023 $5,482 $509,900 $102,000 $407,900
2022 $5,230 $451,500 $85,000 $366,500
2021 $4,828 $381,600 $65,000 $316,600
2020 $2,116 $347,800 $60,000 $287,800
2019 $290 $164,800 $0 $0
2018 $70 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368203

NorthstarMLS

APN: 118-309-002030