NOT LISTED FOR SALE

8720 Park Ave NE Otsego, MN 55330

Estimated Value: $323,000 - $367,000

3 Beds
2.5 Baths
1,804 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $316,500 $175 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,285/month

16 Days on Market

Highlights

  • New Construction
  • Loft
  • Forced Air Heating and Cooling System
  • Rogers Middle School Rated 9+
  • 2 Car Attached Garage
  • Humidifier

About This Home

As of April 2023

Time to rethink townhome living with the Madison. The ideal home, lifestyle and location you’ve been searching for. The Madison is a Modern Row home with an abundance of natural light along with 3 spacious bedrooms, 3 luxurious baths, essential upper-level laundry, inviting loft space, 2 car garage, relaxing great room, beautiful kitchen, private patio and much more. Parrish Meadows is the newest community in the heart of Otsego with quick access to Target and numerous shops and restaurants. Residents will enjoy the nearby walking trails and Mississippi River shoreline recreation sites such as Carrick Landing Park and Norin Landing Park.

Last Agent to Sell the Property

Cole Weaver

Lennar Sales Corp Listed on: 02/04/2023

Lennar Sales Corp

Last Buyer's Agent

Lana Yatskina

Discovery Group, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Loft

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Additional Features

  • Air Exchanger
  • Lot Dimensions are 32x56x32x56

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, trash
  • Associa Association, Phone Number (763) 225-6400
  • Built by LENNAR
  • Parrish Meadows Community

Listing and Financial Details

  • Assessor Parcel Number 118360001020

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,006

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1804
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Freezer, Humidifier, Microwave, Range, Refrigerator
  • Fireplace Features: Electric, Living Room
  • Living Area: 1804
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • CompletionDate: 2022-10-28

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 378
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Other, Maintenance Grounds, Trash
  • Phone: 763-225-6400
  • Association Fee: 225
  • Association: Yes
  • Amenities Unit: Indoor Sprinklers,Primary Bedroom Walk-In Closet,Other,Patio,In-Ground Sprinkler,Walk-In Closet
  • Community Name: Parrish Meadows

Association/Amenities

  • HOA Management Co: Associa

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 32x56x32x56
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 118360001020
  • Tax Annual Amount: 42
  • TaxWithAssessments: 0.0000

Multi Family

  • Total Units Sold: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Apr 20, 2023
Sold by
Us Home Llc
Bought by
Koop Isaac and Koop Oxana
Seller's Agent
Cole Weaver
Lennar Sales Corp
Buyer's Agent
Lana Yatskina
Discovery Group, Inc
List Price
$344,890
Sold Price
$316,500
Premium/Discount to List
-$28,390
-8.23%
Views
2
Current Estimated Value
$339,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,281
Avg. Annual Appreciation
2.92%
Original Mortgage
$253,200
Outstanding Balance
$246,329
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$93,452
Source: Public Records

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
Koop Isaac $316,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koop Isaac $253,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $316,500 -1.1% $175 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $319,990 +1.6% $177 / Sq Ft
02/04/2023 02/04/23 Price Changed $314,990 -8.7% $175 / Sq Ft
02/04/2023 02/04/23 For Sale $344,890 -- $191 / 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 $3,006 $305,200 $45,000 $260,200
2024 $362 $287,800 $30,000 $257,800
2023 $362 $311,400 $38,500 $272,900
2022 $42 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Cole Weaver

    Seller's Agent in 2023

    Cole Weaver

    Lennar Sales Corp

    (763) 592-9952

    37 in this area

    180 Total Sales

    Cole Weaver
    Section Image
  • Lana Yatskina

    Buyer's Agent in 2023

    Lana Yatskina

    Discovery Group, Inc

    (612) 986-9386

    5 in this area

    71 Total Sales

    Lana Yatskina
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6329789

NorthstarMLS

APN: 118-360-001020

Minnesota Wright County Otsego 55330

8720 Park Ave NE, Otsego, MN

This home is located at 8720 Park Ave NE, Otsego, MN 55330 since 04 February 2023 and is currently estimated at $339,781, approximately $188 per square foot. This property was built in 2022. 8720 Park Ave NE is a home located in Wright County with nearby schools including Otsego Elementary School, Rogers Middle School, and Rogers Senior High School.

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