NOT LISTED FOR SALE

7499 7499 Martin Farms Ave NE Otsego, MN 55330

Estimated Value: $503,819 - $553,000

4 Beds
2.5 Baths
2,564 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $328,815 $128 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,348/month

11 Days on Market

Highlights

  • New Construction
  • Heated In Ground Pool
  • 3 Car Attached Garage
  • Rogers Middle School Rated 9+
  • Porch
  • Walk-In Closet

About This Home

As of June 2013

Quick closing! Stunning homesite w/huge backyard and wetland views! Amazing kitchen loaded w/granite and tile. Huge mudroom w/built-in bench, spacious & open main floor w/flex room off the foyer, private master w/box vault. Community pool, park & events!

Last Agent to Sell the Property

Sarah Norton

Lennar Sales Corp Listed on: 04/29/2013

Co-Listed By

Patty Tauscher

Lennar Sales Corp

Last Buyer's Agent

Bonnie Cheadle

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,416

Year Built

  • 2013

Lot Details

  • 0.32

HOA Fees

  • $49 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

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

Basement

  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Porch

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 118197019050

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,416

Year Built

2013

Lot Details

0

HOA Fees

$49 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Porch
  • Estimated Number of Acres: 0.32
  • Construction: Completed New Construction
  • Foundation Size: 1200
  • Parcel Number: 118197019050
  • Projected Closed Date: 06/14/2013
  • Stories: 2 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Informal 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: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 11x16, On Level: Main
  • Room 4: Kitchen, 12x17, On Level: Main
  • Room 5: Bedroom, 16x15, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 11x13, On Level: Upper
  • Room 9: Den/Office, 11x14, On Level: Main
  • Room 10: Laundry Room, 11x9, On Level: Upper
  • Basement Features: Drainage System, Sump Pump
  • Basement Material: Poured Concrete
  • Finished Above Grade Sq Ft: 2564
  • Total Fin Square Footage: 2564

Exterior Features

  • Exterior: Brick
  • Pool: In-Ground, Heated, Outdoor, Shared
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Quarterly
  • Association Fee: Yes
  • Association Fee: 148

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: 96x163x88x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 14, 2013
Sold by
Us Home Corporation
Bought by
Chapman Melanie L and Chapman Daniel P
Seller's Agent
Sarah Norton
Lennar Sales Corp
Buyer's Agent
Bonnie Cheadle
Edina Realty, Inc.
List Price
$338,815
Sold Price
$328,815
Premium/Discount to List
-$10,000
-2.95%
Current Estimated Value
$537,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,390
Avg. Annual Appreciation
4.06%
Source: Public Records

Range of Values:

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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
Chapman Melanie L $328,815 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $328,815 -3.0% $128 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $338,815 -- $132 / 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 $5,416 $504,000 $105,000 $399,000
2024 $5,828 $491,900 $95,000 $396,900
2023 $5,644 $539,500 $108,000 $431,500
2022 $5,456 $464,800 $91,000 $373,800
2021 $5,376 $396,900 $61,000 $335,900
2020 $4,896 $384,300 $56,000 $328,300
2019 $4,564 $345,200 $0 $0
2018 $4,362 $343,300 $0 $0
2017 $4,210 $329,200 $0 $0
2016 $4,098 $0 $0 $0
2015 $4,058 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4468742

REALTOR® Association of Southern Minnesota

APN: 118-197-019050