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5979 Rathbun Ave NE, Otsego, MN, 55374

$514,990

Home List Price

$6,116*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,692 SqFt
$191/SqFt
House

Location

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5979 Rathbun Ave NE, Otsego$514,990

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6614482
StatusActive

About 5979 Rathbun Ave NE

This Lewis is under construction and will be ready for a quick move-in at the end of November. Ask how to qualify for savings up to $5,000 with use of Seller's Preferred Lender. This spacious and beautifully designed Lewis floorplan overlooks a nice open space and offers a layout that seamlessly connects each living space, creating an inviting atmosphere perfect for both relaxation and entertaining. The main level features an office/flex room with French doors overlooking the front yard, gas fireplace with stone surround, a gourmet kitchen including gas cooktop, built-in oven and convection microwave, quartz countertops & backsplash, large pantry and mudroom conveniently located off the kitchen. You will appreciate the “Everything’s Included” Connected Home features with a smart deadbolt on front door, Ring Doorbell Pro and a smart Honeywell thermostat. 4 bedrooms, generous loft and laundry up. Walk-out lower level. Irrigation & landscaping included. Community walking paths throughout the neighborhood - you’ll love the location! The Meadows at River Pointe also offers easy access to outdoor amenities including a playground, tennis court and ball field just down the road.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 2,692 SqFt

Listing Office:

  • Office Name: Lennar Sales Corp

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Oven
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 5979 Rathbun Ave NE
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn right onto County Hwy 36/53rd St NE, Turn left onto 5th St NE. Turn right onto Rathbun Ave NE; Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,990
  • Price Per SqFt: $191/SqFt

HOA Fees:

  • Amount: $77
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $410
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Otsego, MN.

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Otsego, MN

City

Med. Sold Price

$408.5K

Med. Price/SqFt

$189

Avg. Days On Market

31

# of Sold Homes

28

5979 Rathbun Ave NE vs Otsego

41 DAYS ON ROCKET

+10 Days

$514,990

+$106.4K More

$191/SqFt

+$2 More

KEY TAKEAWAY

This property is $106.4K more than the Median Sold Price and $2/SqFt more than other homes in Otsego, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6614482

Listing Office:

  • Office Name: Lennar Sales Corp

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$410$50,000
2019$344$20,000

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-687773
6
/10

  • Hassan Elementary School

  • 14055 Orchid Ave

  • 3.07 miles

  • Public District Grades KG-4

school-card-donut-687774
8
/10

  • Otsego Elementary School

  • 8125 NE River Rd

  • 3.15 miles

  • Public District Grades KG-4

school-card-donut-687775
6
/10

  • Pact Charter School

  • 7250 E Ramsey Pkwy NW

  • 3.57 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,016. Residents of Otsego, MN typically earn between $100k-200k each year. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5979 Rathbun Ave NE

What is the listing price of this property?

The listing price of 5979 Rathbun Ave NE property is $514,990.

What type of property is this?

The property 5979 Rathbun Ave NE is a house located in Otsego, Minnesota, 55374.

Is this property for sale now?

Active Listing: 5979 Rathbun Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $410 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5979 Rathbun Ave NE has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5979 Rathbun Ave NE is 2,692 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5979 Rathbun Ave NE is 2024.

Rocket Homes›Minnesota›Hennepin County›Otsego›55374›5979 Rathbun Ave NE

This home is located at 5979 Rathbun Ave NE in Otsego, MN and zip code 55374. This 2,692 square foot home was built in 2024. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $514,990.

In October 2024 more than 5 listings in Otsego, MN were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Otsego, MN increased by 13.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $408,500.

From Rocket Homes Real Estate and based on county public records data.

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