$549,900
SOLD FEB 18, 2025

16275 Fairoaks Ave N Hugo, MN 55038

5 Beds
3.5 Baths
3,482 Sq Ft
0.3 Acres

Recently Sold

$158 Per Sq Ft

2% Below List Price

100 Days on Market

Highlights

  • New Construction
  • 1 Fireplace
  • 3 Car Attached Garage
  • Loft
  • Stainless Steel Appliances
  • Living Room

About This Home

As of February 2025

MOVE IN READY! Capstone Homes proudly welcomes you to our amazing Mulberry floor plan including a FINISHED WALK OUT BASEMENT on a GREAT homesite!!! This Hugo NEW CONSTRUCTION two story home is built with beauty and functionality in mind. Estimated completion end of October 2024. You will be proud to call this one yours with the benefits of: amazing floor plan boasting 5 beds, 4 baths, beautiful fireplace, owner’s suite private soaking tub and tiled shower, vaulted owner’s suite ceiling, upper level laundry, Jack and Jill bath, beautiful kitchen perfect for entertaining, stone countertops throughout, luxury vinyl plank flooring spanning the main level, 3 stall garage, sod, landscaping, irrigation, and PLENTY MORE! Nestled into the amazing community of Oneka Prairie in Hugo! Let’s make it yours! Ask about our $5,000 incentive for interest rate buy down with our preferred lender.

Last Agent to Sell the Property

Ryan Fleck

Capstone Realty, LLC Listed on: 10/02/2024

Last Buyer's Agent

Ali Ngasa

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x149x84x141

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Loft

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

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 0703121420014

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

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
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 2607
  • Unit Levels: Two
  • 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
  • Living Area: 3482
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 875
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bedroom 4, Loft, Bedroom 5, Flex Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • CompletionDate: 2024-10-29

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 713

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: 66x149x84x141
  • Lot Size Sq Ft: 13068
  • 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: 0703121420014
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 18, 2025
Sold by
Capstone Homes Inc
Bought by
Ngegha Prima and Ngegha Tangie Colins
Seller's Agent
Ryan Fleck
Capstone Realty, LLC
Buyer's Agent
Ali Ngasa
Bridge Realty, LLC
List Price
$559,900
Sold Price
$549,900
Premium/Discount to List
-$10,000
-1.79%
Views
35
Current Estimated Value
$558,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,679
Avg. Annual Appreciation
0.57%
Original Mortgage
$494,910
Outstanding Balance
$493,250
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$58,575

Purchase Details

Closed on
Jul 19, 2024
Sold by
Southwind Holdings Llc
Bought by
Capstone Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $549,900 Land Title
Deed $227,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,910 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $549,900 0.0% $158 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $549,900 -1.8% $158 / Sq Ft
10/02/2024 10/02/24 For Sale $559,900 -- $161 / 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 $536 $115,000 $115,000 $0
2023 $536 $6,300 $6,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6612321

NorthstarMLS

APN: 07-031-21-42-0014