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5306 408th St, North Branch, MN, 55056

$499,999

Home List Price

$5,937*

Closing Credit

5 Bedrooms
1 Full Bath, 2 Partial
2,979 SqFt
$168/SqFt
House

Location

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5306 408th St, North Branch$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage
Attached Garage3 spaces
Year Built1997
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
WaterfrontPond
FireplaceGas
MLS #6585189
StatusActive

About 5306 408th St

Welcome to this serene and private retreat, nestled on a tranquil 1.98-acre lot. This spacious 5-bedroom, 5-bathroom, 2979 sq ft home has been lovingly cared for and has served as the heart of a large family for over 20 years. The sturdy bones of this house have been strengthened by the love and memories made within its walls. With a 3-car garage, two walk-outs, and a deck perfect for morning coffee or quiet reflection and relaxation this home offers both functionality and comfort. Modern conveniences include a tankless water heater, In-floor heating on 2 levels and a gas fireplace ensuring year-round efficiency and warmth. This property is more than just a home; it’s a place where memories are made and cherished. Come see for yourself and imagine the possibilities for your next chapter.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 2,979 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Many Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • North Branch Area High School, Public District Grades 9-12
  • North Branch Area Middle School, Public District Grades 5-8
  • Sunrise River Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: 35W to 95 Exit, West to Flink Ave, Right to 406th St, Left to Fenian Way, Right to 408th Left to home on the Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $4,490
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Branch, MN.

Med. Sold Price

$348.1K

Med. Price/SqFt

$210

Avg. Days On Market

20

# of Sold Homes

29

5306 408th St vs North Branch

84 DAYS ON ROCKET

+64 Days

$499,999

+$151.8K More

$168/SqFt

-$43 Less

KEY TAKEAWAY

This property is $151.8K more than the Median Sold Price and $43/SqFt less than other homes in North Branch, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6585189

Listing Office:

  • Office Name: Keller Williams Classic Realty

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,490$295,100
2019$4,482 -
2018$4,418 -
2017$4,000$220,800

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-1827985
5
/10
  • Sunrise River Elementary School

  • 37775 Grand Ave

  • 3.48 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1827986
3
/10
  • North Branch Area Middle School

  • 38431 Lincoln Trl

  • 2.87 miles

  • Public District Grades 5-8

High School

school-card-donut-1827987
4
/10
  • North Branch Area High School

  • 38175 Grand Ave

  • 3.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,918. Typical income of North Branch, MN residents is between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5306 408th St

What is the listing price of this property?

The listing price of 5306 408th St property is $499,999.

What type of property is this?

The property 5306 408th St is a house located in North Branch, Minnesota, 55056.

Is this property for sale now?

Active Listing: 5306 408th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5306 408th St are:
Sunrise River Elementary School: GreatSchools Rating 5/10
North Branch Area Middle School: GreatSchools Rating 3/10
North Branch Area High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,490 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5306 408th St has 5 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 5306 408th St is 2,979 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5306 408th St is 1997.

Rocket HomesMinnesotaChisago CountyNorth Branch550565306 408th St

This home is located at 5306 408th St in North Branch, MN and zip code 55056. This 2,979 square foot home was built in 1997. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $499,999.

Over 7 listings were sold over their listed price in October 2024 in North Branch, MN. In the same period over 7 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in North Branch, MN between September 2024 and October 2024 increased by 18.1%. While the average time on the market in October 2024 was 20 days, the median list price was $348,187.

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

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