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16275 Fairoaks Ave N, Hugo, MN, 55038

$559,900

Home List Price

$6,649*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,482 SqFt
$161/SqFt
House

Location

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16275 Fairoaks Ave N, Hugo$559,900

Buyer Closing Credits

$6,649*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6612321
StatusActive

About 16275 Fairoaks Ave N

MOVE IN READY! Capstone Homes proudly welcomes you to our amazing Mulberry floor plan including a FINISHED WALK OUT BASEMENT on a GREAT homesite!!! This Hugo NEW CONSTRUCTION two story home is built with beauty and functionality in mind. Estimated completion end of October 2024. You will be proud to call this one yours with the benefits of: amazing floor plan boasting 5 beds, 4 baths, beautiful fireplace, owner’s suite private soaking tub and tiled shower, vaulted owner’s suite ceiling, upper level laundry, Jack and Jill bath, beautiful kitchen perfect for entertaining, stone countertops throughout, luxury vinyl plank flooring spanning the main level, 3 stall garage, sod, landscaping, irrigation, and PLENTY MORE! Nestled into the amazing community of Oneka Prairie in Hugo! Let’s make it yours! Ask about our $5,000 incentive for interest rate buy down with our preferred lender.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,482 SqFt

Listing Office:

  • Office Name: Capstone Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Forest Lake Area Senior High, Public District Grades 10-12
  • Lino Lakes Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: Type in Oneka Elementary School in GPS. From Oneka Elementary School, head north on Oneka PKWY N for 2 min and turn right onto 162nd Way N, turn left onto Fairoaks Ave N and home will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,900
  • Price Per SqFt: $161/SqFt

HOA Fees:

  • Amount: $115
  • Frequency: Monthly
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Housing Market Comparison

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

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Hugo, MN

City

Med. Sold Price

$421.6K

Med. Price/SqFt

$197

Avg. Days On Market

36

# of Sold Homes

37

16275 Fairoaks Ave N vs Hugo

34 DAYS ON ROCKET

-2 Days

$559,900

+$138.2K More

$161/SqFt

-$36 Less

KEY TAKEAWAY

This property is $138.2K more than the Median Sold Price and $36/SqFt less than other homes in Hugo, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6612321

Listing Office:

  • Office Name: Capstone Realty, LLC

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Last updated on: 11/5/2024, 9:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-2157958
6
/10

  • Lino Lakes Elementary

  • 725 Main St

  • 4.94 miles

  • Public District Grades KG-6

High School

school-card-donut-2157959
6
/10

  • Forest Lake Area Senior High

  • 6101 Scandia Trl N

  • 5.22 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,248. The majority of Hugo, MN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16275 Fairoaks Ave N

What is the listing price of this property?

The listing price of 16275 Fairoaks Ave N property is $559,900.

What type of property is this?

The property 16275 Fairoaks Ave N is a house located in Hugo, Minnesota, 55038.

Is this property for sale now?

Active Listing: 16275 Fairoaks Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16275 Fairoaks Ave N are:
Lino Lakes Elementary: GreatSchools Rating 6/10
Forest Lake Area Senior High: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 16275 Fairoaks Ave N has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 16275 Fairoaks Ave N is 3,482 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16275 Fairoaks Ave N is 2024.

Rocket Homes›Minnesota›Washington County›Hugo›55038›16275 Fairoaks Ave N

This home is located at 16275 Fairoaks Ave N in Hugo, MN and zip code 55038. This 3,482 square foot home was built in 2024. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $559,900.

In October 2024 more than 10 listings in Hugo, MN were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 14 were sold below. In October 2024 in Hugo, MN there were 15% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $421,666, while the average time on the real estate market was 36 days.

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

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