NOT LISTED FOR SALE

4990 Fairoaks Cir N Hugo, MN 55038

Estimated Value: $469,000 - $500,000

3 Beds
2.5 Baths
1,950 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $440,000 $226 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,186/month

Highlights

  • Fireplace in Primary Bedroom
  • Home Office
  • Cul-De-Sac
  • Deck
  • The kitchen features windows
  • 3 Car Attached Garage

About This Home

As of September 2022

Welcome to the heart of Hugo! This fantastic 2 story 1 owner home is ready for you. You'll first love the amazing large corner lot on a quiet cul de sac. Inside there is plenty to see and love. The main floor is perfect for entertaining with it's open kitchen, dining and family room. Sit back and enjoy some quite time by the fire while watching a Wild game....or whatever you choose. Want to escape reality for a bit? Head up to the very large primary suite with the 2 sided fireplace adjoining the en suite bathroom and private walk in closet. The basement is currently used as a personal hockey training center but you can let your imagination run wild...and build some instant equity. Outside is an amazing deck that faces east so you won't melt in the hot MN summer sunsets. Just a short trek down the road to the Water's Edge community center with a fantastic pool, gym and park. Close to schools, parks, Hugo and shopping. Quick access to 35E makes this location perfect! Enjoy!

Last Listed By

Kevin McFarlane

eXp Realty Listed on: 08/11/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 2008

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Few Trees

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Additional Features

  • Air Exchanger
  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt, recreation facility, shared amenities
  • Gaughan Companies Association, Phone Number (651) 464-5700
  • Waters Edge 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1803121120018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,656

Year Built

Built in 2008

Lot Details

0

HOA Fees

$65 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: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 1950
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Fireplace Features: Family Room, Primary Bedroom
  • Living Area: 1950
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Laundry, Foyer, Deck
  • SqFtTotal: 2934.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 651

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Recreation Facility, Shared Amenities
  • Phone: 651-464-5700
  • Association Fee: 65
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Gaughan Companies

Schools

  • Junior High Dist: White Bear Lake
  • SchoolDistrictNumber: 624
  • SchoolDistrictPhone: 651-407-7500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 14636.16
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1803121120018
  • Tax Annual Amount: 4656
  • TaxWithAssessments: 4656.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 23, 2022
Sold by
Gist Chirstopher and Gist Tracy
Bought by
Lundell Cole and Lundell Deanna
Seller's Agent
Kevin McFarlane
eXp Realty
Buyer's Agent
Abby Tomassoni
RE/MAX Advantage Plus
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Total Days on Market
0
Current Estimated Value
$483,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,939
Avg. Annual Appreciation
3.73%
Original Mortgage
$418,000
Outstanding Balance
$402,585
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$81,354

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 8, 2022
Sold by
Gist Christopher B and Gist Tracy L
Bought by
Lundell Cole and Lundell Deanna
Seller's Agent
Kevin McFarlane
eXp Realty
Buyer's Agent
Abby Tomassoni
RE/MAX Advantage Plus
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Outstanding Balance
$402,585
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$81,354

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 Buyer Sale Price Title Company
Lundell Cole $440,000 --
Lundell Cole $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundell Cole $418,000
Closed Lundell Cole $418,000
Previous Owner Gist Christopher B $302,838
Previous Owner Gist Christopher B $323,667
Previous Owner Gist Christopher B $362,600
Previous Owner Gist Christopher B $362,750
Previous Owner Gist Christopher B $3,200
Previous Owner Gist Christopher B $299,730
Previous Owner Gist Christopher $74,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $440,000 +3.5% $226 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $425,000 -- $218 / 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
2023 $5,096 $475,300 $126,500 $348,800
2022 $4,682 $493,700 $132,200 $361,500
2021 $4,656 $375,500 $105,000 $270,500
2020 $4,810 $370,900 $110,000 $260,900
2019 $4,112 $367,200 $100,000 $267,200
2018 $3,958 $346,700 $100,000 $246,700
2017 $3,474 $342,100 $95,000 $247,100
2016 $3,338 $300,400 $77,000 $223,400
2015 $3,526 $285,400 $64,600 $220,800
2013 -- $249,400 $50,600 $198,800
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6238239

NorthstarMLS

APN: 18-031-21-12-0018