NOT LISTED FOR SALE

5403 Farmstead Place North Branch, MN 55056

Estimated Value: $409,000 - $428,000

5 Beds
3 Baths
2,329 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $406,900 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,208/month

33 Days on Market

Highlights

  • New Construction
  • Game Room
  • 2 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • Brick Veneer

About This Home

As of September 2024

Ask about our interest rate specials, contact the LGI Homes Information Center for more details! Enjoy the curb appeal and spacious living offered in the attractive Ramsey walkout floorplan on a Cul De Sac in Meadows North. This five-bedroom, three-bathroom home features a two-story layout with an open-concept entertainment area. This fantastic home includes a modern, upgraded kitchen with luxury vinyl plank flooring, beautiful handcrafted wood cabinets, stainless steel Whirlpool® appliances, a large island with undermount sink, and a big corner pantry. The spacious family and dining rooms are adjacent to the kitchen with beautiful vaulted ceilings, creating a wonderful area for making memories with friends and family. This two-story split-level entry home has 3 bedrooms on the lower level and 2 bedrooms on the upper level including the amazing master retreat with double sink vanity and huge walk-in closet.

Last Agent to Sell the Property

Anthony Gambeski

Realty ONE Group Choice Listed on: 06/05/2024

Realty ONE Group Choice

Last Buyer's Agent

Apani Bourke

Exit Realty Nexus

Exit Realty Nexus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 44x120x145x134
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Veneer
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Game Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Ceilings are 8 Feet High
  • Drainage System
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Meadows North Community
  • Meadows North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110087535

Home Details

Home Type

Single Family

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: 1265
  • Unit Levels: Split Entry (Bi-Level)
  • 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, Finished, Concrete, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Range, Refrigerator
  • Living Area: 2329
  • Below Grade Finished Sq Ft: 1064
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Family Room, Bedroom 1, Primary Bathroom, Game Room, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

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,Paneled Doors,Washer/Dryer Hookup
  • Community Name: Meadows North

Schools

  • Junior High Dist: North Branch
  • SchoolDistrictPhone: 651-674-1000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 44x120x145x134
  • Lot Size Sq Ft: 12196.8
  • 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

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 110087535
  • Tax Annual Amount: 64
  • TaxWithAssessments: 64.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Sep 5, 2024
Sold by
Lgi Homes - Minnesota Llc A Minnesota
Bought by
Quitoriano Ronnie and Quitoriano Cherry
Seller's Agent
Anthony Gambeski
Realty ONE Group Choice
Buyer's Agent
Apani Bourke
Exit Realty Nexus
List Price
$408,900
Sold Price
$406,900
Premium/Discount to List
-$2,000
-0.49%
Views
4
Current Estimated Value
$417,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,209
Avg. Annual Appreciation
1.99%
Original Mortgage
$399,529
Outstanding Balance
$395,295
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$21,814
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quitoriano Ronnie $406,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quitoriano Ronnie $399,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $406,900 -2.4% $175 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $416,900 +2.0% $179 / Sq Ft
06/05/2024 06/05/24 For Sale $408,900 -- $176 / 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 $170 $12,500 $0 $0
2023 $170 $12,500 $0 $0
2022 $186 $4,100 $4,100 $0
2021 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6548686

NorthstarMLS

APN: 11-00875-35