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12383 62nd St

Otsego, MN 55301

5 bd 3 ba 3,003 sqft Built 2022 Lot 14,810 sqft single_family
Most recent sale
$570,095
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $570,095 MLS #6169847
Mar 26, 2022 Listed $570,095 MLS #6169847

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $503,682 $5,578
2024 $503,682 $6,232
2023 $46,500 $388
2022 $45,000 $45,000 $358
2021 $45,000 $45,000 $288
2020 $45,000 $45,000 $62

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,003 sqft
Lot size
14,810 sqft
ZIP code
55301
City
Otsego
Street
62nd St
Coordinates
45.24076, -93.63495

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,505
Gross rental yield
9.48%
Implied cap rate
6.16%
Trend-extrapolated value

Frequently asked questions

When did 12383 62nd St last sell?
12383 62nd St most recently sold on Sep 19, 2022 for $570,095.
What is the current tax assessment for 12383 62nd St?
The most recent total assessment for 12383 62nd St (year 2025) is $503,682 with $5,578 in property tax.
How does 12383 62nd St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $570,095.
When was 12383 62nd St built?
12383 62nd St was built in 2022.
How does 12383 62nd St compare to others on 62nd St?
We track 8 other properties on 62nd St. Browse the list under "Other properties on 62nd St" to compare beds, baths, and sale history.
What are the property facts for 12383 62nd St?
12383 62nd St is a 5 bed, 3 bath, 3,003 sqft, 14,810 sqft lot single_family.
Is 12383 62nd St a flip candidate?
No — 12383 62nd St does not appear in our flips dataset.
Is 12383 62nd St a tax-appeal candidate?
No — 12383 62nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.6%
2026 Q3
$371.3K
2026 Q4
$371.3K
ZIP 55301 — Median Price History + Forecast

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