NOT LISTED FOR SALE

6162 Marshall Ave NE Otsego, MN 55301

Estimated Value: $559,000 - $583,000

5 Beds
3 Baths
3,003 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $562,000 $187 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,644/month

61 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 October 2022

***Ask how you can take advantage of an interest rate as low as 3.99% fixed AND contributions towards closing costs when using Seller’s preferred lender and title companies.
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 steal appliances - double wall ovens and gas cooktop. Plus a massive walk in pantry and window for bringing the sunshine in. 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.
This is an inventory home which is under construction. Anticipated completion is Fall of 2022.

Last Agent to Sell the Property

Joel DeMaris

D.R. Horton, Inc. Listed on: 07/11/2022

D.R. Horton, Inc.

Last Buyer's Agent

Looj Tuam Lee

Empire Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 107 x 129 x 107 x 138

HOA Fees

  • $50 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
  • Underground Utilities
  • 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

Listing and Financial Details

  • Assessor Parcel Number 118331004030

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$50 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
  • InternetOptions: Cable,DSL,Fiber Optic
  • 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
  • Fireplace: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Loft, Laundry
  • SqFtTotal: 3003.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • CompletionDate: 2022-11-15

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: 150
  • 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: 107 x 129 x 107 x 138
  • Lot Size Sq Ft: 14374.8
  • Land Lease: No
  • Lot Features: Sod Included in Price, Underground Utilities
  • 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: 2022
  • Assessor Parcel Number: 118331004030
  • Tax Annual Amount: 358
  • TaxWithAssessments: 358.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 28, 2022
Sold by
Dr Horton Inc - Minnesota
Bought by
Moua Ying and Xiong Ay
Seller's Agent
Joel DeMaris
D.R. Horton, Inc.
Buyer's Agent
Looj Tuam Lee
Empire Realty LLC
List Price
$565,700
Sold Price
$562,000
Premium/Discount to List
-$3,700
-0.65%
Current Estimated Value
$570,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,723
Avg. Annual Appreciation
0.67%
Original Mortgage
$532,000
Outstanding Balance
$513,117
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$59,455
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
Moua Ying $562,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moua Ying $532,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $562,000 +1.1% $187 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $555,700 -1.8% $185 / Sq Ft
07/11/2022 07/11/22 For Sale $565,700 -- $188 / 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 $5,632 $504,900 $95,000 $409,900
2024 $388 $508,700 $95,000 $413,700
2023 $388 $576,000 $102,000 $474,000
2022 $358 $65,000 $65,000 $0
2021 $288 $45,000 $45,000 $0
2020 $100 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6233350

NorthstarMLS

APN: 118-331-004030