See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7038 Martin Farms Ave NE, Otsego, MN, 55330

5beds
4baths
3,492sqft
$524,990
$150price/sqft
$3,684/moest. monthly cost
$147,360/yrincome needed

About This Home

Welcome home to this beautiful two-story residence in one of the area's most sought-after communities! Featuring 5 bedrooms and 4 bathrooms, this home offers the perfect blend of space, comfort, and functionality. The open-concept main level is ideal for both everyday living and entertaining, with a seamless flow between the living, dining, and kitchen areas. A standout feature of this home is the abundance of storage, with all five bedrooms offering oversized walk-in closets. Step outside to enjoy the expansive, fully fenced backyard, complete with a large deck and patio area—perfect for summer barbecues, outdoor gatherings, or simply relaxing in your own private retreat. With no neighbors directly behind the home, you'll appreciate the added privacy and peaceful views. After a long day, unwind in your private sauna and enjoy the comfort and convenience this home has to offer. Located in a highly desirable neighborhood, residents enjoy access to two community pools and park areas, providing endless opportunities for recreation and community connection. With spacious living areas, exceptional storage, incredible outdoor living space, and an unbeatable location, this home is one you won't want to miss.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
10/10
Rogers Senior High SchoolGrades 9-125.2 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Finished,Sump Pump

Bedroom

  • Level: Upper
  • Area: 240
  • Dimensions: 16x15

Bedroom2

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedroom3

  • Level: Upper
  • Area: 168
  • Dimensions: 12x14

Bedroom4

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedroom5

  • Level: Lower
  • Area: 154
  • Dimensions: 11x14

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 11x14

Family Room

  • Level: Lower
  • Area: 288
  • Dimensions: 16x18

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 800
  • Finished area above ground: 2,692

Flex Room

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,892
  • Total interior livable area: 3,492 sqft

Kitchen

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Laundry

  • Level: Upper
  • Area: 64
  • Dimensions: 8x8

Living Room

  • Level: Main
  • Area: 272
  • Dimensions: 16x17

Loft

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Sauna

  • Level: Lower
  • Area: 36
  • Dimensions: 6x6

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 118275004060
  • Zoning description: Residential-Single Family
  • Foundation area: 1200

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Heated,Outdoor Pool,Shared
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 70 x 150 x 70 x 150

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters in Wright County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$280$3,360
Property Taxes $456$5,472
Electricity $294$3,534
Total$3,684$44,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,308/yr
40% on housing$110,520/yr
45% on housing$98,240/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 55330$180
Wright County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 55330$187
Wright County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-11Listed for sale$524,990
2024-05-30Sold$490,000
2024-03-09Pending sale$499,900
2024-02-13Listed for sale$499,900
2022-10-19Sold$475,000
2022-10-05Pending sale$499,900
2022-09-07Listed for sale$499,900
2015-10-21Sold$341,000

For Sale by Agent

AgentKayla Bjorneberg
BrokerageRE/MAX Results

Similar Homes