NOT LISTED FOR SALE

7961 Mackenzie Ave NE Otsego, MN 55330

Estimated Value: $512,000 - $540,000

4 Beds
2.5 Baths
2,510 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $490,000 $195 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,370/month

27 Days on Market

Highlights

  • Home fronts a pond
  • 26,267 Sq Ft lot
  • Cul-De-Sac
  • Rogers Senior High School Rated 9+
  • No HOA
  • 4 Car Attached Garage

About This Home

As of November 2022

Want a new build feel without the wait? Come check out this 2018 build with almost every upgrade offered! Featuring one of the largest lots in the neighborhood: private pond, some of the only mature trees around, all tucked in a cul de sac! Smart systems throughout the house include smart kitchen appliances, lights (interior and exterior), sprinkler system, thermostats, garage doors (8ft), and even a security camera system! Need some extra space for projects? The home has a double deep stall for that and more. The unfinished basement leaves room for additional living space, bathroom & potential 5th bedroom. This prime location has easy access to everything - just a short drive to shopping, restaurants, and freeways. Also within walking distance to schools, parks, and recreational trails. Don’t miss your chance on the gem of this established neighborhood!

Last Listed By

Zachary McPherson

Keller Williams Premier Realty Lake Minnetonka Listed on: 10/05/2022

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 2018

Lot Details

  • 0.6 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Flex

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 118221004070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,324

Year Built

Built in 2018

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 2510
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Concrete, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 2510
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Flex Room, Walk In Closet
  • SqFtTotal: 3789.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Other Structures: Chicken Coop/Barn
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 976

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Ethernet Wired,Kitchen Center Island,Primary Bedroom Walk-In Closet,Porch,Security System,In-Ground Sprinkler,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: Common
  • Lot Size Sq Ft: 26266.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 118221004070
  • Tax Annual Amount: 5324
  • TaxWithAssessments: 5324.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 21, 2022
Sold by
Lowe Mitchell and Lowe Angela
Bought by
Paskach Christopher and Paskach Mary Ann
Seller's Agent
Zachary McPherson
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Joanne Koltes-West
Bridge Realty, LLC
List Price
$529,900
Sold Price
$490,000
Premium/Discount to List
-$39,900
-7.53%
Total Days on Market
27
Views
1
Current Estimated Value
$523,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,951
Avg. Annual Appreciation
2.76%
Original Mortgage
$392,000
Outstanding Balance
$382,148
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$141,803

Purchase Details

Listed on
Jul 7, 2018
Closed on
Aug 17, 2018
Sold by
Centra Homes Llc
Bought by
Lowe Michelle and Lowe Angela
List Price
$389,619
Sold Price
$389,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$350,657
Interest Rate
4.5%
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

Range of Values:

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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
Paskach Christopher $490,000 --
Lowe Michelle $389,618 Land Title
Centra Homes Llc -- Land Title
Centra Arbor Creek Llc -- Land Title
Centra Homes Llc $3,986,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paskach Christopher $392,000
Previous Owner Lowe Michelle $350,657
Closed Centra Homes Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $490,000 -3.9% $195 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $510,000 -3.8% $203 / Sq Ft
10/03/2022 10/03/22 For Sale $529,900 +36.0% $211 / Sq Ft
08/17/2018 08/17/18 Sold $389,619 0.0% $155 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $389,619 -- $155 / 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
2024 $5,594 $481,600 $95,000 $386,600
2023 $5,392 $521,100 $102,000 $419,100
2022 $5,362 $444,100 $85,000 $359,100
2021 $5,324 $390,500 $60,000 $330,500
2020 $6,058 $380,800 $55,000 $325,800
2019 $218 $421,100 $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

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Map

Source: NorthstarMLS

MLS Number: 6267761

NorthstarMLS

APN: 118-221-004070