NOT LISTED FOR SALE

7580 Marlowe Ave NE Otsego, MN 55330

Estimated Value: $483,000 - $520,000

4 Beds
2.5 Baths
3,862 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $474,000 $123 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,111/month

Highlights

  • New Construction
  • Rogers Middle School Rated 9+
  • No HOA

About This Home

As of December 2022

This home is located at 7580 Marlowe Ave NE, Otsego, MN 55330 since 22 December 2022 and is currently estimated at $506,681, approximately $131 per square foot. 7580 Marlowe Ave NE is a home located in Wright County with nearby schools including Otsego Elementary School, Rogers Middle School, and Rogers Senior High School.

Last Buyer's Agent

Elizabeth Ferguson

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,102

Lot Details

  • 0.39

Home Design

  • New Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118221009040

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,102

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No

Beds/Baths

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Tax Info

  • Assessor Parcel Number: 118221009040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Dec 22, 2022
Sold by
Centra Homes Llc
Bought by
Faul Brent and Faul Molly
Buyer's Agent
Elizabeth Ferguson
Edina Realty, Inc.
Sold Price
$474,000
Current Estimated Value
$506,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,681
Avg. Annual Appreciation
2.40%
Original Mortgage
$331,300
Outstanding Balance
$321,593
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$185,088

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
Faul Brent $474,000 --
Centra Arbor Creek Llc -- Land Title
Centra Homes Llc $3,986,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faul Brent $331,300
Closed Centra Homes Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $474,000 -- $123 / 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 $5,102 $475,600 $105,000 $370,600
2024 $942 $465,300 $95,000 $370,300
2023 $942 $503,100 $102,000 $401,100
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
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6325955

NorthstarMLS

APN: 118-221-009040