NOT LISTED FOR SALE

6861 6861 Marlowe Ave NE Otsego, MN 55330

Estimated Value: $483,019 - $526,000

4 Beds
3.5 Baths
2,985 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $305,000 $102 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,142/month

194 Days on Market

Highlights

  • Under Construction
  • Vaulted Ceiling
  • Formal Dining Room
  • Rogers Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of April 2015

All 3 levels finished! 3 car gar, stainless appliances, walk-in pantry, hardwood floors, upstairs loft & laundry, private owner's suite with bath, fully landscaped. 794 sq. ft. finished lookout lower level w/4th bdrm and bath! NO ADDITIONAL ASSOC FEES.

Last Agent to Sell the Property

Brian Block

D.R. Horton, Inc. Listed on: 07/20/2014

Last Buyer's Agent

Brian Leonard

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 2014 | Under Construction

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System, Porch
  • Estimated Number of Acres: 0.29
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1120
  • Mechanicals: Furnace Humidifier
  • New Development: Yes
  • Projected Closed Date: 04/29/2015
  • Stories: 2 Story
  • Comp Dev Subdiv Name: Heritage Pointe
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Rough In, Separate Tub & Shower
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Family Room, 20x16, On Level: Main
  • Room 4: Kitchen, 16x12, On Level: Main
  • Room 5: Bedroom, 15x14, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 8: Bedroom, 13.5x13, On Level: Lower
  • Room 9: Loft, 16x13, On Level: Upper
  • Room 10: Laundry Room, 8x7, On Level: Upper
  • Room 11: Family Room, 25x16, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2191
  • Below Grade Finished Sq Ft: 794
  • Total Fin Square Footage: 2985

Exterior Features

  • Exterior: Brick, Fiber Board, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: 70X140X94X

Building Info

  • Year Built: 2014

Multi Family

  • Total Units Available: 48

Tax Info

  • Year: 2014

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2014
Closed on
Apr 3, 2015
Bought by
Alicia Bryant
Seller's Agent
Brian Block
D.R. Horton, Inc.
Buyer's Agent
Brian Leonard
RE/MAX Results
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Current Estimated Value
$511,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,005
Avg. Annual Appreciation
5.01%
Original Mortgage
$289,750
Outstanding Balance
$222,730
Interest Rate
3.7%
Estimated Equity
$288,275
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
Alicia Bryant $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alicia Bryant $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $305,000 -6.1% $102 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
07/20/2014 07/20/14 For Sale $324,900 -- $109 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,200 $478,400 $95,000 $383,400
2024 $5,342 $473,600 $95,000 $378,600
2023 $5,316 $501,300 $102,000 $399,300
2022 $5,242 $437,800 $85,000 $352,800
2021 $5,176 $382,400 $55,000 $327,400
2020 $5,178 $370,900 $55,000 $315,900
2019 $4,736 $363,500 $0 $0
2018 $4,450 $356,400 $0 $0
2017 $4,290 $336,000 $0 $0
2016 $3,634 $0 $0 $0
2015 $138 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4650754

REALTOR® Association of Southern Minnesota

APN: 118-276-003010