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  • $517,500

    7401 Martin Farms Ave NE, Otsego, MN 55330

    5beds
    3,233sqft
    Single Family Residence
    Built in 2012
    0.4 Acres Lot
    $536,000 Zestimate®
    $160/sqft
    $3,689 Estimated rent

    Home value

    $536,000

    $509,000 - $563,000

    $3,689/mo

    Zestimate® history
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    What's special

    Fully fenced in yardSpacious bedroomsOversized lot
    Located in the highly desired Martin Farms neighborhood. This house is situated on an oversized lot that backs up to a pond with a fully fenced in yard. This home has 4 spacious bedrooms, 2 full baths and laundry all conveniently located on the second level with another bedroom in the basement with a 3/4 bath. This is one of the best lots in Martin Farms with a perfect move in ready home, so don't miss out. HOA amenities include access to two private pools, community park, private community events and weekly trash.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Zaker 612-282-9512,

    Real Broker, LLC

    Bought with:

    Al Theisen

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6613952MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Bedroom 2
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 3
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 4
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Dining room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11x16
    Kitchen
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11x16
    Laundry
    • Level: Upper
    Living room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Office
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
    • Laundry: Upper Level
    Features
    • Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Full,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,233
    • Total interior livable area: 3,233 sqft
    • Finished area above ground: 2,256
    • Finished area below ground: 977

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Size: 0.4 Acres
    • Dimensions: 160 x 75
    Details
    • Foundation area: 1100
    • Parcel number: 118197019010
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 2012

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Martin Farms
    HOA
    • Has HOA: Yes
    • Services included: Recreation Facility, Shared Amenities
    • HOA fee: $128 quarterly
    • HOA name: MFH Association
    • HOA phone: 763-225-6400
    Location
    • Region: Otsego

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $476,900
    • Annual tax amount: $5,550
    • Date on market: 10/8/2024
    • Cumulative days on market: 21 days

    Price history

    DateEventPrice
    11/19/2024Sold$517,500+0.5%$160/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613952 Report a problem
    10/28/2024Pending sale$515,000$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613952 Report a problem
    10/18/2024Price change$515,000-1.9%$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613952 Report a problem
    10/8/2024Listed for sale$525,000+75.6%$162/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6613952 Report a problem
    4/15/2014Sold$299,000+9.5%$92/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2111092 Report a problem
    10/24/2012Sold$273,150$84/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,098 -7.6%$476,900 +2.6%
    2024$5,520 -0.5%$464,900 -9.8%
    2023$5,550 +10.8%$515,300 +12.7%
    2022$5,010 +10.9%$457,100 +24.7%
    2021$4,516 +11.7%$366,700 +12.1%
    2020$4,042 -65%$327,200 +2.1%
    2019$11,538 +185.5%$320,600 +5.7%
    2018$4,042 +6%$303,400 +5.6%
    2017$3,814 +8.6%$287,300
    2016$3,512 --
    2015$3,512 +1.3%--
    2014$3,466 +1032.7%--
    2013$306 -43.9%--
    2012$545 -6%--
    2011$580 -30.4%--
    2010$833 -6.5%--
    2009$891 +22.1%--
    2008$730 +47.8%--
    2007$494 +92.4%--
    2006$257 --
    Find assessor info on the county website

    Neighborhood: 55330

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $536,000
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    Estimated market value
    $536,000