2 months on rocket

701 Cherrywood Ln NE, Isanti, MN, 55040

$299,900

Home List Price

$3,561*

Closing Credit

2 Bedrooms
1 Full Bath
1,220 SqFt
$246/SqFt
House
Schools Nearby

Location

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701 Cherrywood Ln NE, Isanti$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontPond
MLS #6487776
StatusActive

About 701 Cherrywood Ln NE

New One-Level Living on large end Lot in cul-de-sac!! No Stairs. Assoc maintained Lawn, snow, garbage/recycle. HOA $140 per month. Fence allowed. This new affordable home features covered front porch, elegant kitchen with granite countertops, center island, pantry, stainless steel kitchen appliances, and built-in buffet/dry bar in dining area. Great Room features vaulted ceiling, optional fireplace, and door to patio. Owner's Suite features high ceiling box vault, large walk-in closet, private 3/4 bathroom with granite countertop. Conveniently located near Hwy 65, with nearby grocery, restaurants, golf, and more! NOTE: artist renderings show optional upgrades in photo rendering. This home is a To-be-built, but same one level model across the street 706 Cherrywood Ln NE is framed, currently under construction, on upgraded pond lot. See map in photos.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,220 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cambridge-Isanti High School, Public District Grades 9-12
  • Isanti Middle School, Public District Grades 6-8
  • Isanti Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Hwy 65 to Heritage Blvd NE (Cty Rd 5), go East to 8th Ave NE, turn right into development, then 1st right on Cherrywood Ln to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $246/SqFt

HOA Fees:

  • Amount: $140
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $95
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$330K

Med. Price/SqFt

$188

Avg. Days On Market

39

# of Sold Homes

15

701 Cherrywood Ln NE vs Isanti

79 DAYS ON ROCKET

+40 Days

$299,900

-$30.1K Less

$246/SqFt

+$58 More

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $58/SqFt more than other homes in Isanti, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6487776

Listing Office:

  • Office Name: Realty Group LLC

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$95$15,000
2019$54$2,500

History based on county public records data.

Payment Calculator

$1,704

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-3709394
6
/10
  • Isanti Intermediate School

  • 101 9th Ave NE

  • 1.04 miles

  • Public District Grades 3-5

Middle School

school-card-donut-3709395
3
/10
  • Isanti Middle School

  • 201 Centennial Dr

  • 1.52 miles

  • Public District Grades 6-8

High School

school-card-donut-3709396
6
/10
  • Cambridge-Isanti High School

  • 430 8th Ave NW

  • 5.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,551. Most Isanti, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Cherrywood Ln NE

What is the listing price of this property?

The listing price of 701 Cherrywood Ln NE property is $299,900.

What type of property is this?

The property 701 Cherrywood Ln NE is a house located in Isanti, Minnesota, 55040.

Is this property for sale now?

Active Listing: 701 Cherrywood Ln NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 Cherrywood Ln NE are:
Isanti Intermediate School: GreatSchools Rating 6/10
Isanti Middle School: GreatSchools Rating 3/10
Cambridge-Isanti High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $95 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 701 Cherrywood Ln NE has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 Cherrywood Ln NE is 1,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Cherrywood Ln NE is 2024.

Rocket HomesMinnesotaIsanti CountyIsanti55040701 Cherrywood Ln NE

This home is located at 701 Cherrywood Ln NE in Isanti, MN and zip code 55040. This 1,220 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $299,900.

While more than 8 listings in Isanti, MN in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 4 were sold below. Between February 2024 and March 2024, Isanti, MN real estate market has seen decrease in the number of listings by 5.5%. While the average time on the market in March 2024 was 39 days, the median list price was $330,000.

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

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