NOT LISTED FOR SALE

15146 Fanning Dr N Hugo, MN 55038

Estimated Value: $330,000 - $354,000

4 Beds
3 Baths
1,982 Sq Ft
$172/Sq Ft Est. Value

About This Home

RENT with the option to PURCHASE!

This beautifully remodeled home shines like new construction with over $30,000 in upgrades! (See full list of improvements below.)

Looking to move into your next home but not quite ready to qualify for a mortgage? This home is for rent now, with the option to purchase later! In today’s market, why stress over trying to sell your current place, secure financing, and move—all in a few weeks? Move in now and take your time to close on a loan when the time is right.

Even better, I work closely with lenders who specialize in credit challenges—including those who have been turned down by others. You may even qualify for down payment assistance! Once purchased, your estimated total monthly payment could be around $2,450, with no money down (based on current interest rates).

?? Home Features:

Fresh interior paint throughout for a bright, clean look

Brand-new carpet and premium oak luxury vinyl plank flooring

All-new GE kitchen appliances, plus washer & dryer included

Modern light fixtures and 2" faux wood blinds throughout

California Closet in the primary suite for optimal organization

Vaulted foyer with 2-story windows for abundant natural light

Open-concept living area with flush-mount gas fireplace

Spacious kitchen with direct access to laundry room

Finished 2-car tuck-under garage with built-in surround sound and mounted speakers

Private primary suite with walk-in closet, double vanity, and linen closet

Lower-level bedroom ideal for office, guest room, or added privacy

?? Community Amenities (Included in Rent):

Scenic paved walking and biking trails

Outdoor swimming pool and sun deck

24/7 fitness center with locker rooms and showers

Clubhouse, full-size basketball court, and large playground

?? Prime End-Unit Location:
Enjoy extra natural light, added privacy, and a peaceful setting.


? Rental Terms:

No smoking / No vaping (even in garage)

Pets: Case-by-case basis.

Pet rent: $50/month per pet

One-time pet move-in fee: Minimum $250

Included in Rent: HOA dues & trash

Tenant Pays: Electric, gas, water, internet, and cable (optional)

Snow removal & landscaping: Provided by HOA

Household income must be at least 2.5x the monthly rent

Contact us today to schedule a tour or get more information about this incredible rental opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Degel William and Degel Jessica
Bought by
15146 Fanning Llc
Current Estimated Value
$306,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$296,406
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$44,345

Purchase Details

Closed on
Mar 30, 2022
Sold by
Degel William T and Degel Jessica L
Bought by
15146 Fanning Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$296,406
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$44,345
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
15146 Fanning Llc $315,000 --
15146 Fanning Llc $315,000 Results Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 15146 Fanning Llc $315,000
Closed 15146 Fanning Llc $252,000
Previous Owner Degel William T $206,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Off Market $2,595 -- --
06/19/2025 06/19/25 Price Changed $2,595 -10.4% $1 / Sq Ft
06/11/2025 06/11/25 Price Changed $2,895 0.0% $1 / Sq Ft
06/11/2025 06/11/25 For Rent $2,895 +1.6% --
05/15/2025 05/15/25 Off Market $2,850 -- --
04/10/2025 04/10/25 For Rent $2,850 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,584 $291,600 $60,000 $231,600
2023 $3,584 $309,200 $74,400 $234,800
2022 $2,772 $281,600 $57,700 $223,900
2021 $2,700 $234,200 $48,000 $186,200
2020 $2,726 $227,500 $48,000 $179,500
2019 $2,182 $220,400 $42,000 $178,400
2018 $1,908 $196,900 $37,200 $159,700
2017 $1,792 $179,200 $26,000 $153,200
2016 $1,866 $168,400 $19,500 $148,900
2015 $2,002 $159,000 $22,100 $136,900
2013 -- $123,500 $15,400 $108,100
Source: Public Records

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