NOT LISTED FOR SALE

5008 Randolph Ave NE Otsego, MN 55374

Estimated Value: $611,000 - $695,000

4 Beds
4 Baths
3,328 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $610,000 $183 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,994/month

9 Days on Market

Highlights

  • New Construction
  • Loft
  • Built-In Double Oven
  • Hassan Elementary School Rated A-
  • Home Office
  • Stainless Steel Appliances

About This Home

As of August 2023

*** Ask how you can save up to $10,000 in closing costs with Sellers Preferred Lender***

This is the new construction home and homesite you've been looking for! Stunning backyard views with natural scenery, adjacent to the Crow River. If you are looking for a home with all the extras, look no further than the ever-loved Washburn, by Lennar. Main level(potential) guest bedroom with shower bath, upper loft(secondary family room), roomy bedrooms with ALL walk in closets, luxury(free standing soaker tub) owners bath with multiple (to each their own) walk in closets, spacious laundry room to work, an open plan with plenty of options throughout the home that are sure to please. This home meets a variety of criteria your client may be looking for, with exceptional design and detail made to conquer the desired wish list. This walkout home is also adjacent to The Crow River, with gorgeous natural backyard views.

Last Agent to Sell the Property

Hasu James

Lennar Sales Corp Listed on: 07/18/2023

Lennar Sales Corp

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 79x154x81x156

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Washer and Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service

Community Details

  • Association fees include professional mgmt, shared amenities
  • Omega Management Association, Phone Number (763) 512-4348
  • Built by LENNAR
  • Highlands Of River Pointe Community

Listing and Financial Details

  • Property Available on 8/31/23

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$26 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: 2023
  • Above Grade Finished Sq Ft: 3328
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete, Sump Pump, Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Fireplace Features: Family Room, Gas, Living Room, Stone
  • Living Area: 3328
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Study, Loft
  • SqFtTotal: 4404.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • View: River
  • CompletionDate: 2023-08-15

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 626
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 763-512-4348
  • Association Fee: 78
  • Association: Yes
  • Amenities Unit: Ethernet Wired,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Highlands of River Pointe

Association/Amenities

  • HOA Management Co: Omega Management
  • 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: No
  • Lot Size: 79x154x81x156
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Pending

Building Info

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

Rental Info

  • Available Date: 2023-08-31

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 554
  • TaxWithAssessments: 554.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 24, 2023
Sold by
Us Home Llc
Bought by
Karnes Charles and Karnes Molly
Seller's Agent
Hasu James
Lennar Sales Corp
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$667,725
Sold Price
$610,000
Premium/Discount to List
-$57,725
-8.65%
Views
71
Current Estimated Value
$649,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,714
Avg. Annual Appreciation
3.03%
Original Mortgage
$300,000
Outstanding Balance
$293,353
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$356,361
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
Karnes Charles $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karnes Charles $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $610,000 -1.6% $183 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $619,990 -1.6% $186 / Sq Ft
07/19/2023 07/19/23 Price Changed $629,990 -5.7% $189 / Sq Ft
07/18/2023 07/18/23 For Sale $667,725 -- $201 / 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 $6,292 $584,800 $130,000 $454,800
2024 $530 $558,100 $95,000 $463,100
2023 $836 $71,500 $71,500 $0
2022 $554 $65,000 $65,000 $0
2021 $492 $45,000 $45,000 $0
2020 $432 $45,000 $45,000 $0
2019 $108 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6403782

NorthstarMLS

APN: 118-320-002120