NOT LISTED FOR SALE

7118 Marlowe Ave NE Otsego, MN 55330

Estimated Value: $453,616 - $474,000

4 Beds
3.5 Baths
2,242 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $453,320 $202 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,826/month

135 Days on Market

Highlights

  • New Construction
  • Family Room with Fireplace
  • Stainless Steel Appliances
  • Rogers Middle School Rated 9+
  • No HOA
  • The kitchen features windows

About This Home

As of August 2023

JUNE SAVINGS EVENT*** 5.5% interest rate incentive available on this home, and please ask how our additional incentives allow you to buy that rate down even lower! This thoughtfully designed Byrant II plan features an open concept main level which is accented by vaulted ceilings. Kitchen boasts a large breakfast bar peninsula with plenty of seated, burlap cabinets and granite counter tops. Stainless-steel appliances throughout the kitchen as well. The primary bedroom features a private on-suite bath with dual vanity bath & spacious walk-in closet! An extra feature of the Bryant II is the main level powder bath. Not to mention FINISHED LOWER LEVEL!! Take this home and place it in the great location of minutes from I94 for easy commuting, minutes from Albertville Premium Outlet Malls for easy shopping and minutes from a variety of entertainment and dining, what more could you ask for? Added bonus, No HOA! Come check it out!

Last Agent to Sell the Property

Todd Benson

D.R. Horton, Inc. Listed on: 02/24/2023

D.R. Horton, Inc.

Last Buyer's Agent

Jennifer McPherson

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 67 x 136 x 67 x 141

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Pitched Roof

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Utilities

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

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Built by D.R. HORTON
  • Northwater Community
  • Northwater Subdivision

Listing and Financial Details

  • Property Available on 10/14/22
  • Assessor Parcel Number 118361003040

Home Details

Home Type

Single Family

Est. Annual Taxes

$258

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: N/A
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1564
  • Unit Levels: Three Level Split
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Stainless Steel Appliances, Tankless Water Heater
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2242
  • Below Grade Finished Sq Ft: 678
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Walk In Closet, Mud Room, Utility Room
  • SqFtTotal: 2337.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle, Asphalt, Pitched
  • PoolFeatures: None
  • CompletionDate: 2022-08-31

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 618
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Northwater

Association/Amenities

  • 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: 67 x 136 x 67 x 141
  • Lot Size Sq Ft: 9147.6
  • 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, Vinyl Siding

Rental Info

  • Available Date: 2022-10-14

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118361003040
  • Tax Annual Amount: 258
  • TaxWithAssessments: 258.0000

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $453,320 -0.4% $202 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $454,990 -1.1% $203 / Sq Ft
06/24/2023 06/24/23 Price Changed $459,990 -1.1% $205 / Sq Ft
05/15/2023 05/15/23 Price Changed $464,990 -1.1% $207 / Sq Ft
04/20/2023 04/20/23 Price Changed $469,990 -1.1% $210 / Sq Ft
03/08/2023 03/08/23 Price Changed $474,990 -1.8% $212 / Sq Ft
02/24/2023 02/24/23 For Sale $483,560 -- $216 / 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 $4,350 $410,500 $95,000 $315,500
2024 $264 $401,600 $95,000 $306,600
2023 $264 $444,300 $102,000 $342,300
2022 $102 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6336247

NorthstarMLS

APN: 118-361-003040