NOT LISTED FOR SALE

5426 Ferrara Ave N Hugo, MN 55038

Estimated Value: $392,000 - $400,000

2 Beds
2.5 Baths
1,903 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $370,900 $195 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,207/month

Highlights

  • New Construction
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of May 2024

One Level Single Family Home currently under construction with an estimated May completion! No Homeowners Association! Slab on Grade Home. The Magnolia is a thoughtfully crafted open-concept floor plan featuring all living on one level, just over 1900 FSF! Main Level includes 2 Bedrooms, 2.5 Bathrooms, Flex Room, Laundry Room, Mudroom, and 2 Car Garage. The Kitchen includes an expansive center island, walk in pantry, white cabinets, gas range, vented microwave, and quartz countertops! 9' ceilings throughout! Primary Bathroom includes a separate soaking tub/shower, the Walk-In-Closet connects through to the Laundry Room! Bedroom 2 includes private Bathroom! There is a Powder Bathroom for guests to use off of the main living area. Sod and irrigation are included. No changes or modifications can be made to the selections/floor plan. Photos and renderings may not depict actual plan, materials, & finishes may vary. All measurements are approximate.

Last Agent to Sell the Property

Kristine Pierson

Centra Homes, LLC Listed on: 02/13/2024

Last Buyer's Agent

Wendy Edwards

LaBelle Real Estate Group Inc

LaBelle Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 43x173

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Slab Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,903 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • No Interior Steps
  • Accessible Pathway

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Tankless Water Heater

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Built by CENTRA HOMES LLC

Listing and Financial Details

  • Assessor Parcel Number 0803121330021

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

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: No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Fee Frequency: N/A
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1903
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
  • Living Area: 1903
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Flex Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Pitched

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association: No
  • Amenities Unit: In-Ground Sprinkler

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 43x173
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 638832
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0803121330021
  • Tax Annual Amount: 770
  • TaxWithAssessments: 770.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Centra Hugo Meadows 2 Llc
Bought by
Centra Homes Llc
Current Estimated Value
$396,483

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 14, 2024
Sold by
Centra Homes Llc
Bought by
Edwards Wendy
Seller's Agent
Kristine Pierson
Centra Homes, LLC
Buyer's Agent
Wendy Edwards
LaBelle Real Estate Group Inc
List Price
$370,900
Sold Price
$370,900
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$171,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 2, 2024
Sold by
Centra North Llc
Bought by
Centra Homes Llc
Seller's Agent
Kristine Pierson
Centra Homes, LLC
Buyer's Agent
Wendy Edwards
LaBelle Real Estate Group Inc
List Price
$370,900
Sold Price
$370,900
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.79%
Mortgage Type
New Conventional
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
Centra Homes Llc $500 Land Title
Edwards Wendy $370,900 --
Centra Homes Llc $500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Wendy $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $370,900 0.0% $195 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $370,900 -- $195 / 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 $1,424 $165,300 $125,000 $40,300
2023 $1,424 $190,000 $190,000 $0
2022 $52 $180,300 $180,300 $0
2021 $770 $5,900 $5,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488709

NorthstarMLS

APN: 08-031-21-33-0021