NOT LISTED FOR SALE

7568 Marlowe Ave NE Otsego, MN 55301

Estimated Value: $497,000 - $533,000

4 Beds
2.5 Baths
2,585 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $515,000 $199 Per Sq Ft

Current estimated payment $3,172/month

32 Days on Market

Highlights

  • Deck
  • Loft
  • Den
  • Rogers Middle School Rated 9+
  • No HOA
  • Stainless Steel Appliances

About This Home

As of April 2024

This two-story gem surpasses new construction, boasting a spacious premium lot with irrigation, a new deck, and an open floor plan on the main level. The upgraded kitchen features an expanded center island and crisp white cabinets. Oversized windows flood the space with natural light, highlighting the stone surround fireplace. The main floor also hosts a convenient office, half bathroom, and access to the stunning backyard. Upstairs, discover four bedrooms, a loft, and a laundry room for added convenience. The primary bedroom is a retreat with separate closets and a deluxe bathroom featuring a soaking tub. The unfinished lower level with lookout windows offers potential for a future family room and fifth bedroom. With meticulous attention to detail, this home seamlessly blends modern amenities with timeless style, providing a perfect backdrop for your family's cherished moments. Don't miss the opportunity to make this house your forever home!Quick close possible!

Last Agent to Sell the Property

Greg Cutshall

Edina Realty, Inc. Listed on: 01/05/2024

Edina Realty, Inc.

Co-Listed By

Christine Savard

Edina Realty, Inc.

Last Buyer's Agent

Kevin Sutton

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 2023

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 72x221
  • Partially Fenced Property

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2,585 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Den
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • No Home Owners Association
  • Arbor Creek 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118221009050

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 2023

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 2585
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Full, Concrete
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 2585
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Den, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Partial
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 670

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Ethernet Wired,French Doors,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 72x221
  • Lot Size Sq Ft: 16552.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

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

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118221009050
  • Tax Annual Amount: 943
  • TaxWithAssessments: 962.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 4, 2024
Sold by
Lewis Trevor and Lewis Kelly
Bought by
Rozell Sarah
Seller's Agent
Greg Cutshall
Edina Realty, Inc.
Buyer's Agent
Kevin Sutton
Keller Williams Premier Realty
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%
Views
21
Current Estimated Value
$517,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,175
Avg. Annual Appreciation
0.28%
Original Mortgage
$515,000
Outstanding Balance
$507,334
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$9,841

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 10, 2023
Sold by
Centra Homes Llc
Bought by
Lewis Trevor and Lewis Kelly
Seller's Agent
Kristine Pierson
Centra Homes, LLC
Buyer's Agent
Greg Cutshall
Edina Realty, Inc.
List Price
$509,900
Sold Price
$509,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$359,900
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2017
Sold by
Centra Homes Llc
Bought by
Centra Arbor Creek Llc

Purchase Details

Closed on
Sep 16, 2013
Sold by
Ohw Llc
Bought by
Centra Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rozell Sarah $515,000 --
Lewis Trevor $509,900 --
Centra Arbor Creek Llc -- Land Title
Centra Homes Llc $3,986,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rozell Sarah $515,000
Previous Owner Lewis Trevor $359,900
Closed Centra Homes Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $515,000 -1.0% $199 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $520,000 +2.0% $201 / Sq Ft
04/10/2023 04/10/23 Sold $509,900 0.0% $197 / Sq Ft View Prior Sale
02/02/2023 02/02/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $509,900 -- $197 / 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 $5,156 $478,700 $105,000 $373,700
2024 $962 $469,900 $95,000 $374,900
2023 $962 $404,500 $102,000 $302,500
2022 $762 $65,000 $65,000 $0
2021 $440 $45,000 $45,000 $0
2020 $450 $25,000 $25,000 $0
2019 $422 $25,000 $0 $0
2018 $420 $25,000 $0 $0
2017 $422 $25,000 $0 $0
2016 $430 $0 $0 $0
2015 $278 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6464851

NorthstarMLS

APN: 118-221-009050