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7002 Martin Farms Ave NE, Otsego, MN, 55330

$465,000

Home List Price

$5,522*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,046 SqFt
$227/SqFt
House

Location

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7002 Martin Farms Ave NE, Otsego$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage3 spaces
Year Built2017
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6616250
StatusActive

About 7002 Martin Farms Ave NE

Welcome to your new home in the highly sought-after Martin Farms neighborhood! Better than new construction, this home sits on one of the biggest lots in the neighborhood. This beautifully updated home features 4 bedrooms on the upper level, including a master ensuite and a convenient laundry room. The main floor offers an open-concept layout, perfect for everyday living and entertaining, with a spacious living room, a cozy office, and a modern kitchen with quartz countertops and stylish tile backsplash. This community includes two pools, parks, walking paths, and is part of the highly rated Rogers school district. Great location, convenient to highways, shopping, and restaurants- A must see!

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 2,046 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 94 to 60th St NE/County Rd 137 NE in Albertville. Take the County Rd 137 exit from I-94 W, go East, L on Maciver Ave NE, at the traffic circle, take the 1st exit onto 70th St NE, Turn left onto Martin Farms Ave NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $227/SqFt

HOA Fees:

  • Amount: $66
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,532
  • 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

7002 Martin Farms Ave NE vs Otsego

42 DAYS ON ROCKET

+11 Days

$465,000

+$56.5K More

$227/SqFt

+$38 More

KEY TAKEAWAY

This property is $56.5K more than the Median Sold Price and $38/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: #6616250

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

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Last updated on: 11/21/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2018Home Sold
$331,261

Tax History

YEARPROP. TAXASSESSMENT
2021$4,532$340,000
2019$4,496$310,800
2018$1,758$129,100

History based on county public records data.

Payment Calculator

$2,454

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-518683
10
/10

  • Prairie View Elementary School

  • 12220 80th St NE

  • 1.15 miles

  • Public District Grades KG-4

school-card-donut-518684
4
/10

  • Kaleidoscope Charter Elementary School

  • 7525 Kalland Ave NE

  • 1.92 miles

  • Public Charter Grades KG-5

school-card-donut-518685
9
/10

  • Big Woods Elementary School

  • 13470 Frankfort Pkwy NE

  • 2.14 miles

  • Public District Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,230. The majority of Otsego, MN residents have income between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7002 Martin Farms Ave NE

What is the listing price of this property?

The listing price of 7002 Martin Farms Ave NE property is $465,000.

What type of property is this?

The property 7002 Martin Farms Ave NE is a house located in Otsego, Minnesota, 55330.

Is this property for sale now?

Active Listing: 7002 Martin Farms 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 $4,532 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2018 for $331,261. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7002 Martin Farms Ave NE has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7002 Martin Farms Ave NE is 2,046 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7002 Martin Farms Ave NE is 2017.

Rocket Homes›Minnesota›Sherburne County›Otsego›55330›7002 Martin Farms Ave NE

This home is located at 7002 Martin Farms Ave NE in Otsego, MN and zip code 55330. This 2,046 square foot home was built in 2017. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $465,000.

Otsego, MN housing market in October 2024 saw over 5 listings sold above listed price, more than 13 sold at listed price and over 10 sold below. The number of listings in Otsego, MN increased by 13.1% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $408,500 during the same period.

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

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