$460,000
SOLD JAN 24, 2025

16274 Fairoaks Ave N Hugo, MN 55038

5 Beds
3 Baths
2,579 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

6% Below List Price

78 Days on Market

Highlights

  • New Construction
  • 3 Car Attached Garage
  • Sod Farm
  • Stainless Steel Appliances
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Ready for move-in! Welcome HOME to your NEW CONSTRUCTION home in Hugo! This highly requested Primrose floor plan offers you five bedrooms and three baths with a FINSIHED walk out basement, towering vaulted ceilings, kitchen pantry, functional center island, stainless steel appliances, stone counter tops in kitchen and bathroom vanities, gas fireplace with beautiful stone accent, spacious and light-filled owner's suite with huge walk-in closet, private owner’s bath with amazing soaking tub and tiled shower, expanded luxury vinyl plank flooring, sod, irrigation, landscaping, and much more! Come and make this one yours! Ask about our $5,000 for interest rate buydown with our preferred lender.

Last Agent to Sell the Property

Ryan Fleck

Capstone Realty, LLC Listed on: 10/16/2024

Last Buyer's Agent

Rup Koirala

Creative Results

Creative Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132x140x78x81

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Stone Fireplace
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Additional Features

  • Air Exchanger
  • Sod Farm
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt, trash
  • M&H Property Management Association, Phone Number (651) 778-9732
  • Built by CAPSTONE HOMES INC
  • Oneka Prairie Community
  • Oneka Priarie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0703121420053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1609
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Gas, Stone
  • Living Area: 2579
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 970
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bedroom 4, Bedroom 5

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • CompletionDate: 2024-10-15

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 754

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt, Trash
  • Phone: 651-778-9732
  • Association Fee: 95
  • Association: Yes
  • Community Name: Oneka Prairie

Association/Amenities

  • HOA Management Co: M&H Property Management
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 132x140x78x81
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 637318
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0703121420053
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jan 24, 2025
Sold by
Capstone Homes Inc
Bought by
Tamang Kanchan and Gurung Amrit
Seller's Agent
Ryan Fleck
Capstone Realty, LLC
Buyer's Agent
Rup Koirala
Creative Results
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Views
24
Current Estimated Value
$471,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,063
Avg. Annual Appreciation
6.01%
Original Mortgage
$368,000
Outstanding Balance
$365,877
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$112,754
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $460,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $460,000 -3.1% $178 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
11/12/2024 11/12/24 Price Changed $474,900 -3.1% $184 / Sq Ft
10/16/2024 10/16/24 For Sale $489,900 -- $190 / Sq Ft
Source: NorthstarMLS

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 $1,452 $115,000 $115,000 $0
2023 $1,452 $6,300 $6,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6618959

NorthstarMLS

APN: 07-031-21-42-0053