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1502 Spruce St, Farmington, MN, 55024

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,768 SqFt
$199/SqFt
House

Location

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1502 Spruce St, Farmington$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage3 spaces
Year Built2022
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6627385
StatusActive

About 1502 Spruce St

Welcome to your dream home in the heart of Sapphire Lake in Farmington! This 4-bedroom, 4-bathroom property offers the perfect blend of modern comfort and classic elegance. Step inside and be greeted by an open and airy floor plan, featuring a spacious living room, kitchen with stainless steel appliances, and an informal dining room perfect for entertaining. The upper level boasts three generously sized bedrooms and laundry. Rejuvenate after a long day in the primary suite with a private en-suite bathroom and walk-in closet. The finished lower level provides additional living space, ideal for a family room, a home office, or recreation area. Enjoy privacy and relax on the deck (installed - 2024) - adjacent to a walking trail and Farmington Nature Preservation Area. This home is conveniently located near schools, parks, shopping, dining, and other recreational opportunities. Don't miss your chance to own this incredible property!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 2,768 SqFt

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Few Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Country Road 3 to 213th St W; East one mile to Sapphire Lake Development. Turn right on 15th St.; turn right on Spruce Street; house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $264
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Farmington, MN.

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Farmington, MN

City

Med. Sold Price

$408.6K

Med. Price/SqFt

$191

Avg. Days On Market

25

# of Sold Homes

54

1502 Spruce St vs Farmington

1 DAY ON ROCKET

-24 Days

$550,000

+$141.3K More

$199/SqFt

+$7 More

KEY TAKEAWAY

This property is $141.3K more than the Median Sold Price and $7/SqFt more than other homes in Farmington, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6627385

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

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Last updated on: 11/22/2024, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 02, 2021Home Sold
$218,800

Tax History

YEARPROP. TAXASSESSMENT
2020$264$15,000

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-656817
4
/10

  • Farmington Elementary School

  • 500 Maple St

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-656818
4
/10

  • Riverview Elementary School

  • 4100 208th St W

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-656819
5
/10

  • Akin Road Elementary School

  • 5231 195th St W

  • 3.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,730. Typical income of Farmington, MN residents is between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1502 Spruce St

What is the listing price of this property?

The listing price of 1502 Spruce St property is $550,000.

What type of property is this?

The property 1502 Spruce St is a house located in Farmington, Minnesota, 55024.

Is this property for sale now?

Active Listing: 1502 Spruce St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $264 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 2, 2021 for $218,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1502 Spruce St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1502 Spruce St is 2,768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1502 Spruce St is 2022.

Rocket Homes›Minnesota›Dakota County›Farmington›55024›1502 Spruce St

This home is located at 1502 Spruce St in Farmington, MN and zip code 55024. This 2,768 square foot home was built in 2022. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $550,000.

Over 21 listings were sold over their listed price in October 2024 in Farmington, MN. In the same period over 19 listings were sold below the listed price and 14 listings were sold for the listed price. Between September 2024 and October 2024, Farmington, MN real estate market has seen increase in the number of listings by 11.8%. In October 2024 median list price was $408,625 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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