NOT LISTED FOR SALE

6178 Marshall Ave NE Otsego, MN 55301

Estimated Value: $519,000 - $556,000

4 Beds
2.5 Baths
2,776 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $519,990 $187 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,480/month

68 Days on Market

Highlights

  • New Construction
  • Game Room
  • The kitchen features windows
  • Rogers Elementary School Rated A-
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of April 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! 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! Our fantastic "Adams" offers a spacious and open layout, beautiful kitchen with stainless steel appliances - double wall oven and 5-burner gas cook-top. White cabinetry along with subway tile back splash, quartz countertops and large island highlight the kitchen. Upper level features 4 spacious bedrooms, plus loft and laundry. Primary suite features walk-in closet and spacious bathroom with executive height double bowl vanity and soaking tub with separate tile shower. Close to I94 corridor and Albertville Outlet Mall. 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.

Last Buyer's Agent

Samuel Berhanu

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 94 x 132 x 95 x 129
  • Street terminates at a dead end
  • Few Trees

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Game Room
  • 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
  • Drainage System
  • 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
  • New Concepts Association, Phone Number (952) 992-2500
  • Built by D.R. HORTON
  • Magnolia Landing Community
  • Magnolia Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118331004040

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: 2776
  • 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, Storage Space, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Stainless Steel Appliances, Wall Oven
  • Fireplace Features: Family Room, Gas
  • Living Area: 2776
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Flex Room, Game Room
  • SqFtTotal: 3874.00

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: 638
  • 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: 952-992-2500
  • Association Fee: 155
  • Association: Yes
  • Amenities Unit: Ethernet Wired,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Other,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: 94 x 132 x 95 x 129
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Sod Included in Price, Tree Coverage - Light
  • 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: 118331004040
  • Tax Annual Amount: 358
  • TaxWithAssessments: 358.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Apr 20, 2023
Sold by
Dr Horton Inc - Minnesota
Bought by
Geleta Obsasa and Tasisa Nanati
Seller's Agent
Alexander Barnett
D.R. Horton, Inc.
Buyer's Agent
Samuel Berhanu
Bridge Realty, LLC
List Price
$531,990
Sold Price
$519,990
Premium/Discount to List
-$12,000
-2.26%
Current Estimated Value
$543,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,917
Avg. Annual Appreciation
1.87%
Original Mortgage
$467,991
Outstanding Balance
$456,234
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$86,523
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
Geleta Obsasa $519,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geleta Obsasa $467,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $519,990 0.0% $187 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $519,990 -1.0% $187 / Sq Ft
01/20/2023 01/20/23 Price Changed $525,000 -1.3% $189 / Sq Ft
01/05/2023 01/05/23 For Sale $531,990 -- $192 / 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 $5,402 $518,100 $95,000 $423,100
2024 $672 $490,600 $95,000 $395,600
2023 $672 $554,800 $102,000 $452,800
2022 $358 $65,000 $65,000 $0
2021 $288 $45,000 $45,000 $0
2020 $124 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6320939

NorthstarMLS

APN: 118-331-004040