23 days on rocket

1518 Spruce St, Farmington, MN, 55024

$609,000

Home List Price

$7,232*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
2,855 SqFt
$213/SqFt
House
Schools Nearby

Location

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1518 Spruce St, Farmington$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage4 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6508046
StatusActive

About 1518 Spruce St

Ask about our 5.25% seller paid 2-1 interest rate promotion available with our preferred lender. Welcome to the Sapphire Lake community in Farmington, and our beautiful Charleswood model. We offer multiple floor plans with opportunities for personalization. You will be amazed from the moment you step in the door. Our homes included finishes offer 3-car garages, granite or quartz countertops in kitchen, quartz countertops in bathrooms, soft close cabinets and drawers throughout, spacious open concept floor plans, generously sized spaces, abundant natural lighting and exquisite thoughtful design options. Come build with us or purchase one of our near-completion homes. We will walk you through the entire process from start to finish and beyond closing.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 2,855 SqFt

Listing Office:

  • Office Name: Keyland Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Farmington High School, Public District Grades 9-12
  • Boeckman Middle School, Public District Grades 6-8
  • Farmington Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hwy 3 to Spruce St, East 4 blocks to the development Sapphire Lake, continue on Spruce to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
  • Price Per SqFt: $213/SqFt

Tax Information:

  • Annual Amount: $266
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$385K

Med. Price/SqFt

$188

Avg. Days On Market

25

# of Sold Homes

39

1518 Spruce St vs Farmington

23 DAYS ON ROCKET

-2 Days

$609,000

+$224K More

$213/SqFt

+$24 More

KEY TAKEAWAY

This property is $224K more than the Median Sold Price and $24/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: #6508046

Listing Office:

  • Office Name: Keyland Realty, LLC

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Property Sales & Tax

Listing History

Jun 29, 2021Home Sold
$218,800

Tax History

YEARPROP. TAXASSESSMENT
2020$266$15,200

History based on county public records data.

Payment Calculator

$3,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,892

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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-5132113
4
/10
  • Farmington Elementary

  • 500 Maple St

  • 0.97 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5132114
5
/10
  • Boeckman Middle School

  • 800 Denmark Ave

  • 1.61 miles

  • Public District Grades 6-8

High School

school-card-donut-5132115
4
/10
  • Farmington High School

  • 20655 Flagstaff Ave

  • 4.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,730. Most Farmington, MN residents have annual incomes between $35k-100k. Most families are 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 1518 Spruce St

What is the listing price of this property?

The listing price of 1518 Spruce St property is $609,000.

What type of property is this?

The property 1518 Spruce St is a house located in Farmington, Minnesota, 55024.

Is this property for sale now?

Active Listing: 1518 Spruce 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 1518 Spruce St are:
Farmington Elementary: GreatSchools Rating 4/10
Boeckman Middle School: GreatSchools Rating 5/10
Farmington 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 $266 (source: MLS/based on county public records data).

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

The last sale was on June 29, 2021 for $218,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1518 Spruce St has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1518 Spruce St is 2,855 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1518 Spruce St is 2024.

Rocket Homes›Minnesota›Dakota County›Farmington›55024›1518 Spruce St

This home is located at 1518 Spruce St in Farmington, MN and zip code 55024. This 2,855 square foot home was built in 2024. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $609,000.

While more than 19 listings in Farmington, MN in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 12 were sold below. The number of listings in Farmington, MN increased by 11.3% between March 2024 and April 2024. In April 2024 median list price was $385,000 and the average listing age was 25 days.

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

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