$396,900
SOLD DEC 13, 2024

505 Spruce Ct N Cambridge, MN 55008

3 Beds
2 Baths
1,641 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

2% Below List Price

115 Days on Market

Highlights

  • New Construction
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • Sod Farm

About This Home

As of December 2024

Ask about our interest rate specials, contact the LGI Homes Information Center for more details! The Goodhue by LGI Homes features a family-friendly layout with three bedrooms, two bathrooms and a huge entertainment area. A spacious foyer welcomes you into this home and leads the entertainment area with a spacious family room, dining room and kitchen. This open area allows you and your guests space to spread out and relax. The kitchen overlooks the dining and family rooms and has a spacious island, the perfect entertainment area! With a spacious owner’s suite and two additional bedrooms, you will find the space you need in this incredible new home at Cambridge Cove! This home has an unfinished walkout basement!

Last Agent to Sell the Property

Kayla Milbrath-Gustafson

RE/MAX Results Listed on: 07/18/2024

RE/MAX Results

Last Buyer's Agent

Andrew Powell

JPW Realty

JPW Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 157x66
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof
  • Shake Siding

Interior Spaces

  • 1,641 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Drainage System
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Cambridge Cove Community
  • Cambridge Cove Subdivision

Listing and Financial Details

  • Property Available on 12/13/24
  • Assessor Parcel Number 153220780

Home Details

Home Type

Single Family

Est. Annual Taxes

$136

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1641
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, 8 ft+ Pour, Concrete, Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, ENERGY STAR Qualified Appliances, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1641
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Family Room, Bedroom 1, Primary Bathroom, Bedroom 2, Bedroom 3, Bathroom, Laundry, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • CompletionDate: 2024-12-13
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 511

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Ethernet Wired,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,In-Ground Sprinkler,Washer/Dryer Hookup
  • Community Name: Cambridge Cove

Schools

  • Junior High Dist: Cambridge-Isanti
  • SchoolDistrictNumber: 911
  • SchoolDistrictPhone: 763-689-6188

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 157x66
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Engineered Wood, Shake Siding, Vinyl Siding

Rental Info

  • Available Date: 2024-12-13

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 153220780
  • Tax Annual Amount: 136
  • TaxWithAssessments: 136.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Dec 13, 2024
Sold by
Lgi Homes-Minnesota Llc
Bought by
Ferrian Donald and Ferrian Lee Ann
Seller's Agent
Kayla Milbrath-Gustafson
RE/MAX Results
Buyer's Agent
Andrew Powell
JPW Realty
List Price
$405,900
Sold Price
$396,900
Premium/Discount to List
-$9,000
-2.22%
Views
8
Current Estimated Value
$401,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,312
Avg. Annual Appreciation
1.34%
Original Mortgage
$50,000
Outstanding Balance
$49,606
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$351,606
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 $396,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $396,900 0.0% $242 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $396,900 -2.5% $242 / Sq Ft
10/02/2024 10/02/24 Price Changed $406,900 +0.2% $248 / Sq Ft
07/25/2024 07/25/24 For Sale $405,900 -- $247 / 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
2025 $474 $50,000 $50,000 $0
2024 $136 $30,000 $30,000 $0
2023 $136 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6571668

NorthstarMLS

APN: 15.322.0780