NOT LISTED FOR SALE

7403 Marlowe Ave NE Otsego, MN 55330

Estimated Value: $432,000 - $523,000

5 Beds
3 Baths
2,652 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2024

Last sale price $439,900 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,012 / mo

22 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Corner Lot
  • Rogers Middle School Rated A-
  • 1 Fireplace
  • Home Office

About This Home

As of November 2024

** WELCOME HOME! ** Custom Built Home by local builder in Popular Martin Farms with 2 community pools!! ** Beautiful Custom Maple Kitchen Cabinets with pull-out drawers, center island, built-in desk, vaulted ceilings, new dishwasher, new range and maple hardwood floors ** Kitchen OPEN to lower level family room ** Main Floor Office with vaulted ceilings and French Doors ** Large Foyer with covered front entry ** 5 Bedrooms total with 3 on same level ** Primary/Owner's Bedroom Suite with walk-in closet, jetted tub, separate shower and tile floors ** 3 Full Bathrooms! ** Large Lower Level Family Room with gas fireplace and recessed lighting ** Additional Recreation/Family Room in Lower 4th Level ** Finished Lower Level Laundry Room with Utility Sink ** Culligan Water Softener - Owned ** Under Stair storage ** 150 Amp Electrical ** Sprinkler System ** Newer A/C ** Marvin Integrity Windows ** 3 car (22x30) attached garage with 8'-0" High Doors ** Easy Access to I-94 for commuting to Twin Cities or St. Cloud ** Close to lots of trails, parks, shopping and restaurants ** Elk River Schools with Option to STMA Schools and bussing ** Rates have dropped!! Now is the time!! ** With Limited Inventory, this one will go quickly ** FAST OR FLEXIBLE CLOSING AVAILABLE **

Last Agent to Sell the Property

Brian Leonard

RE/MAX Results Listed on: 09/25/2024

RE/MAX Results

Last Buyer's Agent

Nicholas Johnson

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 2005

Lot Details

  • 11,979 Sq Ft Lot
  • Lot Dimensions are 70x45x81x102x143
  • Corner Lot
  • Irregular Lot
  • Few Trees

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 118197009100

Community Details

Overview

  • Association fees include professional mgmt, trash, shared amenities
  • Firstservice Residential Minnesota Association, Phone Number (952) 277-2700
  • Martin Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,482

Year Built

Built in 2005

Lot Details

0.28 Acres

HOA Fees

$66 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: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1482
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electronic Air Filter, Microwave, Range, Refrigerator, Washer
  • Living Area: 2652
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1170
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Office, Foyer, Recreation Room
  • Shared Rooms: Other

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle, Asphalt
  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt, Trash, Shared Amenities
  • Phone: 952-277-2700
  • Association Fee: 66
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Window,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: FirstService Residential Minnesota

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x45x81x102x143
  • Lot Size Sq Ft: 11979
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118197009100
  • Tax Annual Amount: 4482
  • TaxWithAssessments: 4482.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2026
Sold by
Rhonda Shearl-Fernandez and Jose Fernandez Jr
Bought by
Johnson Erin
Current Estimated Value
$479,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,442
Outstanding Balance
$372,070
Interest Rate
5.98%
Mortgage Type
FHA
Estimated Equity
$107,771

Purchase Details

Listed on
Sep 25, 2024
Closed on
Nov 4, 2024
Sold by
Breen Casey and Breen Angela
Bought by
Johnson Erin Elaine and Shearl-Fernandez Rhonda
Seller's Agent
Brian Leonard
RE/MAX Results
Buyer's Agent
Nicholas Johnson
Keller Williams Classic Rlty NW
List Price
$439,900
Sold Price
$439,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$351,920
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
B D Boese Co General Contracting Inc
Bought by
Breen Casey and Breen Angela

Purchase Details

Closed on
Nov 17, 2006
Sold by
B D Boese Co General Contracting Inc
Bought by
Breen Casey and Breen Angela

Purchase Details

Closed on
Apr 29, 2005
Sold by
Martin Farms Development Llc
Bought by
Not Provided
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Erin $500 Great North Title
Johnson Erin Elaine $439,900 Great North Title
Breen Casey -- --
Breen Casey -- --
Not Provided $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Erin $372,442
Previous Owner Johnson Erin Elaine $351,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $439,900 0.0% $166 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/06/2024 10/06/24 Off Market $439,900 -- --
09/26/2024 09/26/24 For Sale $439,900 -- $166 / Sq Ft
Source: NorthstarMLS

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 $4,608 $412,100 $105,000 $307,100
2024 $4,482 $392,400 $95,000 $297,400
2023 $4,472 $420,700 $108,000 $312,700
2022 $4,430 $371,300 $90,000 $281,300
2021 $4,250 $327,500 $65,000 $262,500
2020 $4,258 $309,500 $55,000 $254,500
2019 $3,678 $303,800 $0 $0
2018 $3,476 $275,700 $0 $0
2017 $3,356 $261,300 $0 $0
2016 $3,276 $0 $0 $0
2015 $3,230 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6589427

NorthstarMLS

APN: 118-197-009100

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