NOT LISTED FOR SALE

6012 Marx Ave NE Otsego, MN 55301

Estimated Value: $533,000 - $585,000

5 Beds
3 Baths
3,003 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $540,365 $180 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,598/month

32 Days on Market

Highlights

  • New Construction
  • Loft
  • 3 Car Attached Garage
  • Rogers Elementary School Rated A-
  • The kitchen features windows
  • Sod Farm

About This Home

As of March 2023

Introducing another new construction opportunity from D.R. Horton, America’s Builder. Ask how you can save up to $25,000 on your new D.R. Horton home for a limited time! Our "Jordan" plan features a main floor bedroom and 3/4 bath. Extremely open floor plan with a spacious kitchen with gorgeous stone grey kitchen and bath cabinetry. This amazing signature kitchen layout features stainless steel appliances - double wall ovens and gas cooktop. Plus a massive walk in pantry and window to bring in natural light. Upstairs features a large loft area for informal gatherings along with an oversized primary suite. All upper level bedrooms feature walk-in closets - primary suite has two!! Close to everything including shopping, food, entertainment and I-94.
Home is ready for a quick move in!

Last Agent to Sell the Property

Shane Marshall

Keller Williams Integrity NW Listed on: 01/05/2023

Keller Williams Integrity NW

Last Buyer's Agent

Cody Smith

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 60x170x124x93x159

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 3,003 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Loft
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

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

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • Association fees include professional mgmt, trash
  • New Concepts Association, Phone Number (952) 259-1203
  • Built by D.R. HORTON
  • Magnolia Landing Community
  • Magnolia Landing Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$52 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: 2022
  • Above Grade Finished Sq Ft: 3003
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Egress Window(s), Full, Concrete, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Wall Oven
  • Fireplace Features: Family Room, Gas
  • Living Area: 3003
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Loft, Laundry
  • SqFtTotal: 4305.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 715
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt, Trash
  • Phone: 952-259-1203
  • Association Fee: 155
  • Association: Yes
  • Amenities Unit: Ethernet Wired,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Magnolia Landing

Association/Amenities

  • HOA Management Co: New Concepts
  • 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: 60x170x124x93x159
  • Lot Size Sq Ft: 21344.4
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 605657
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Other, Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: TBD
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 27, 2023
Sold by
Dr Horton Inc - Minnesota
Bought by
Tillman Sean and Tillman Brie
Seller's Agent
Shane Marshall
Keller Williams Integrity NW
Buyer's Agent
Cody Smith
LPT Realty, LLC
List Price
$560,000
Sold Price
$540,365
Premium/Discount to List
-$19,635
-3.51%
Current Estimated Value
$568,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,912
Avg. Annual Appreciation
1.82%
Original Mortgage
$354,834
Outstanding Balance
$344,472
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$220,313
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tillman Sean $540,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillman Sean $354,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $540,365 -2.6% $180 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $555,000 -0.9% $185 / Sq Ft
01/05/2023 01/05/23 For Sale $560,000 -- $186 / 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 $5,672 $507,800 $95,000 $412,800
2024 $668 $511,500 $95,000 $416,500
2023 $668 $576,000 $102,000 $474,000
2022 $354 $65,000 $65,000 $0
2021 $282 $45,000 $45,000 $0
2020 $60 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6320920

NorthstarMLS

APN: 118-330-002110