4 months on rocket

2542 Buchanan Ln S, Cambridge, MN, 55008

$395,000

Home List Price

$4,691*

Closing Credit

5 Bedrooms
2 Full Baths
2,876 SqFt
$137/SqFt
Townhouse

Location

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2542 Buchanan Ln S, Cambridge$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage, Concrete, Garage Door Opener, Guest Parking, Paved
Attached Garage2 spaces
Year Built2020
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6569784
StatusActive

About 2542 Buchanan Ln S

Built by Guidance Homes in 2020, this beautiful, spacious, detached townhome in Bayview of Bridgewater will not disappoint. The bright open floor plan on the main level allows light to fill the space. Vaulted ceilings, a gas fireplace, quality appliances, and a sunroom overlooking the wetlands are sure to entice you. With 3 bedrooms on the main level - one being used as an office - and two more downstairs, it is easy for everyone to have their own space and privacy. Looking to downsize? You can enjoy one-level living on the 1800sf above-grade main floor and save the roomy, bright, and open lower level for guests.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Living Area: 2,876 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener, Guest Parking, Paved

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: County Highway 65 (Central Ave) to 313th Ave NE, head East. Immediate left on Paul's Lake Road, right on 25th Lane SE, right onto Buchanan Lane South.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $137/SqFt

HOA Fees:

  • Amount: $160
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $438
  • Tax Year: 2021
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Housing Market Comparison

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

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Cambridge, MN

City

Med. Sold Price

$309.1K

Med. Price/SqFt

$176

Avg. Days On Market

27

# of Sold Homes

23

2542 Buchanan Ln S vs Cambridge

129 DAYS ON ROCKET

+102 Days

$395,000

+$85.8K More

$137/SqFt

-$39 Less

KEY TAKEAWAY

This property is $85.8K more than the Median Sold Price and $39/SqFt less than other homes in Cambridge, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6569784

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/21/2024, 11:22:48 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

Nov 25, 2013Home Sold
$66,260

Tax History

YEARPROP. TAXASSESSMENT
2021$438$104,700
2019$442$20,000
2018$456$20,000
2017$358$15,000

History based on county public records data.

Payment Calculator

$2,199

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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NMLS#3030

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-456382
7
/10

  • Cambridge Intermediate School

  • 428 2nd Ave NW

  • 1.72 miles

  • Public District Grades 3-5

school-card-donut-456383
5
/10

  • Art and Science Academy

  • 903 6th Avenue Ct NE Ste A

  • 3.27 miles

  • Public Charter Grades KG-4

school-card-donut-456384
6
/10

  • Isanti Intermediate School

  • 101 9th Ave NE

  • 4.11 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,731. The majority of Cambridge, MN residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2542 Buchanan Ln S

What is the listing price of this property?

The listing price of 2542 Buchanan Ln S property is $395,000.

What type of property is this?

The property 2542 Buchanan Ln S is a townhouse located in Cambridge, Minnesota, 55008.

Is this property for sale now?

Active Listing: 2542 Buchanan Ln S 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 2021 is $438 (source: MLS/based on county public records data).

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

The last sale was on November 25, 2013 for $66,260. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2542 Buchanan Ln S has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2542 Buchanan Ln S is 2,876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2542 Buchanan Ln S is 2020.

Rocket Homes›Minnesota›Isanti County›Cambridge›55008›2542 Buchanan Ln S

This home is located at 2542 Buchanan Ln S in Cambridge, MN and zip code 55008. This 2,876 square foot home was built in 2020. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $395,000.

In October 2024, from all listings sold in Cambridge, MN there were more than 10 sold above asking price, over 8 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Cambridge, MN increased by 8.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $309,125, while the average time on the real estate market was 27 days.

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

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