NOT LISTED FOR SALE

74 Rapp Farm Ln North Oaks, MN 55127

Estimated Value: $1,238,826 - $1,337,000

5 Beds
5 Baths
5,247 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $1,191,000 $227 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,434/month

28 Days on Market

Highlights

  • Dock Facilities
  • Beach
  • Family Room with Fireplace
  • Turtle Lake Elementary School Rated A
  • Heated In Ground Pool
  • Bonus Room

About This Home

As of May 2024

This custom-built “Westland Bonus” floorplan by Hanson Builders is located in the exclusive Rapp Farm neighborhood of North Oaks & situated on 0.35 acres with lovely backyard nature views. The main floor boasts a bright, open floorplan with Office, Formal Dining, Gourmet Eat-In Kitchen w/ island, bfast bar, walk-in pantry & walk out to maint-free Deck. The Great Room features gas FP, built-ins & floor to ceiling windows. The main level Sun Rm can also be used as a bedroom! Upstairs you’ll find a huge Bonus/Rec Rm with built-in bunk beds, Laundry, & 4 BRs - all with en-suite Baths! Owner's Suite features WIC & private, spa-like Bath w/ double sinks, soaking tub & separate shower. The LL provides tons of entertaining options from the Family Room w/ gas FP & Wet Bar/Dinette area to the Game Rm that walks out to Patio. You’ll also find a 5th BR, 3/4 Bath, Exercise Rm & finished Storage Rm. Residents enjoy all of North Oaks & Rapp Farm amenities. Within Mounds View Schools & move-in ready!

Last Agent to Sell the Property

Sonia Kohli

Edina Realty, Inc. Listed on: 03/18/2024

Edina Realty, Inc.

Co-Listed By

Sanjay Kohli

Edina Realty, Inc.

Last Buyer's Agent

Wei Zheng

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,987

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 124x173x52x171

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Shared Waterfront

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 053022220043

Community Details

Overview

  • Association fees include beach access, dock, professional mgmt, recreation facility, shared amenities
  • North Oaks HOA & Rapp Farm HOA c/o Rowcal Association, Phone Number (651) 233-1307

Recreation

  • Beach
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,987

Year Built

Built in 2016

Lot Details

0

HOA Fees

$231 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
  • Association Amenities: Beach, Dock, Other, Tennis Court(s), Trail(s)
  • Fee Frequency: Annually
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 3759
  • Water Body Name: Pleasant
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 5247
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1488
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Bedroom 5, Family Room, Game Room, Exercise Room, Office, Sun Room
  • SqFtTotal: 5404.00
  • Shared Rooms: Amusement/Party Room,Community Room,Play Area

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Fencing: None
  • PatioPorchType: Composite Decking,Covered,Deck,Front Porch,Patio
  • Lake Acres: 607
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Insulated Garage
  • Garage Square Feet: 769

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Other, Professional Mgmt, Recreation Facility, Shared Amenities
  • Phone: 651-233-1307
  • Association Fee: 2775
  • Association: Yes
  • Amenities Unit: Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Porch,In-Ground Sprinkler,Sun Room,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: North Oaks HOA & Rapp Farm HOA c/o RowCal

Schools

  • Junior High Dist: Mounds View
  • SchoolDistrictNumber: 621
  • SchoolDistrictPhone: 651-621-6001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 124x173x52x171
  • Lot Size Sq Ft: 15246
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 053022220043
  • Tax Annual Amount: 10987
  • TaxWithAssessments: 11224.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 10, 2024
Sold by
Wahlquist Emily P
Bought by
Ma Yongqiang and Li Lihua
Seller's Agent
Sonia Kohli
Edina Realty, Inc.
Buyer's Agent
Wei Zheng
Bridge Realty, LLC
List Price
$1,194,000
Sold Price
$1,191,000
Premium/Discount to List
-$3,000
-0.25%
Views
57
Current Estimated Value
$1,287,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,957
Avg. Annual Appreciation
6.63%
Original Mortgage
$345,000
Outstanding Balance
$327,991
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$959,966

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 23, 2022
Sold by
Pounds Anthony and Pounds Janelle
Bought by
Wahlquist Matthew and Wahlquist Emily
Seller's Agent
Sonia Kohli
Edina Realty, Inc.
Buyer's Agent
Janelle Murlowski
P.S. Real Estate, LLC
List Price
$1,165,000
Sold Price
$1,160,000
Premium/Discount to List
-$5,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$928,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 21, 2022
Sold by
Pounds Anthony J and Pounds Janelle M
Bought by
Wahlquist Matthew J and Wahlquist Emily P
Seller's Agent
Sonia Kohli
Edina Realty, Inc.
Buyer's Agent
Janelle Murlowski
P.S. Real Estate, LLC
List Price
$1,165,000
Sold Price
$1,160,000
Premium/Discount to List
-$5,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.42%
Source: Public Records

Range of Values:

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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
Ma Yongqiang $1,191,000 Edina Realty Title
Wahlquist Emily P $500 None Listed On Document
Wahlquist Matthew $1,160,000 --
Wahlquist Matthew J $1,160,000 Edina Realty Title
-- $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Yongqiang $345,000
Previous Owner Wahlquist Matthew $928,000
Previous Owner -- $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $1,191,000 -0.3% $227 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,194,000 +2.9% $228 / Sq Ft
09/23/2022 09/23/22 Sold $1,160,000 -0.4% $221 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,165,000 -- $222 / 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 $13,082 $1,216,600 $250,000 $966,600
2024 $13,082 $1,175,200 $250,000 $925,200
2023 $13,082 $1,100,500 $250,000 $850,500
2022 $11,934 $960,000 $220,000 $740,000
2021 $11,466 $914,900 $220,000 $694,900
2020 $11,818 $901,700 $220,000 $681,700
2019 $9,516 $862,600 $220,000 $642,600
2018 $9,798 $754,800 $220,000 $534,800
2017 $2,272 $754,800 $220,000 $534,800
2016 $1,718 $0 $0 $0
2015 $1,044 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6458806

NorthstarMLS

APN: 05-30-22-22-0043