NOT LISTED FOR SALE

6150 Marshall Ave NE Otsego, MN 55301

Estimated Value: $539,000 - $588,000

4 Beds
2.5 Baths
3,084 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $540,975 $175 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,633/month

139 Days on Market

Highlights

  • New Construction
  • Loft
  • Stainless Steel Appliances
  • Rogers Elementary School Rated A-
  • Home Office
  • The kitchen features windows

About This Home

As of July 2023

Introducing another new construction opportunity from D.R. Horton, America’s Builder. Ask how to receive special interest rate incentives on this home!!! This isn’t your typical new construction neighborhood! The community playground is open, and construction is nearly complete! Only a few opportunities remain as we prepare to put the finishing touches into the last available homes! DR Horton's fantastic "Redwood" plan on large home site. Impress your guests with a huge kitchen - two islands - large dinette, command center, double ovens, gas cooktop, see-through gas fireplace, upper level loft, bedroom level laundry, spacious primary suite with private bath and huge walk in closet. Easy access to I-94 and Albertville Outlet Mall. Will not disappoint! Quick move in possible!

Last Agent to Sell the Property

Alexander Barnett

D.R. Horton, Inc. Listed on: 01/05/2023

D.R. Horton, Inc.

Co-Listed By

Todd Benson

D.R. Horton, Inc.

Last Buyer's Agent

Kamal Ibrahim

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 138 x 80 x 145

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Home Office
  • Computer Room
  • Loft
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • 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
  • Assoccia Minnesota Association, Phone Number (763) 225-6400
  • Built by D.R. HORTON
  • Magnolia Landing Community
  • Magnolia Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118331004020

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

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: 3084
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Full, Concrete, Storage Space, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Humidifier, Microwave, Stainless Steel Appliances, Wall Oven
  • Fireplace Features: Two Sided, Family Room, Gas
  • Living Area: 3084
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Study, Laundry, Computer Room, Loft
  • SqFtTotal: 4357.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 708
  • 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: 763-225-6400
  • 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: Assoccia Minnesota
  • 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: 80 x 138 x 80 x 145
  • Lot Size Sq Ft: 11325.6
  • 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, Cedar, Other, Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118331004020
  • Tax Annual Amount: 358
  • TaxWithAssessments: 288.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jul 6, 2023
Sold by
Dr Horton Inc- Minnesota
Bought by
Bullo Edris
Seller's Agent
Alexander Barnett
D.R. Horton, Inc.
Buyer's Agent
Kamal Ibrahim
LPT Realty, LLC
List Price
$562,990
Sold Price
$540,975
Premium/Discount to List
-$22,015
-3.91%
Views
70
Current Estimated Value
$566,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,493
Avg. Annual Appreciation
1.91%
Original Mortgage
$432,780
Outstanding Balance
$422,910
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$139,981
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
Bullo Edris $540,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullo Edris $432,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $540,975 +0.2% $175 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/13/2023 05/13/23 Price Changed $539,990 -0.9% $175 / Sq Ft
04/13/2023 04/13/23 Price Changed $544,990 -0.9% $177 / Sq Ft
03/09/2023 03/09/23 Price Changed $549,990 -1.4% $178 / Sq Ft
02/17/2023 02/17/23 Price Changed $557,990 -0.9% $181 / Sq Ft
01/05/2023 01/05/23 For Sale $562,990 -- $183 / 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 $5,758 $511,800 $95,000 $416,800
2024 $672 $517,600 $95,000 $422,600
2023 $672 $555,600 $71,500 $484,100
2022 $358 $65,000 $65,000 $0
2021 $288 $45,000 $45,000 $0
2020 $62 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6320956

NorthstarMLS

APN: 118-331-004020