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8862 Cottonwood Ln N, Maple Grove, MN, 55369

2beds
2baths
1,466sqft
$264,900
$181price/sqft
$1,885/moest. monthly cost
$75,400/yrincome needed

About This Home

Charming 2-bedroom, 2-bath townhome featuring a spacious main level with a cozy living room fireplace and walkout access to a concrete patio. Convenient main-floor laundry adds everyday ease. Upstairs offers two comfortable bedrooms and a full bath. Located near parks, schools, shopping, dining, and other local amenities, with quick and convenient freeway access.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
7/10
10/10

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Side x Side

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: None

Bedroom

  • Level: Upper
  • Area: 204
  • Dimensions: 17x12

Bedroom2

  • Level: Upper
  • Area: 196
  • Dimensions: 14x14

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,466

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,466
  • Total interior livable area: 1,466 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Living Room

  • Level: Main
  • Area: 280
  • Dimensions: 20x14

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1411922410026
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 816

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 26 x 70

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,339$16,068
Home Insurance *$118$1,416
Property Taxes $258$3,096
Electricity $170$2,050
Total$1,885$22,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,628/yr
40% on housing$56,550/yr
45% on housing$50,266/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 55369$190
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55369$207
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Listed for sale$259,900
2026-08-12Listing removed$264,900
2026-07-06Price change$264,900
2026-06-09Price change$269,000
2026-05-26Listed for sale$275,000
2022-06-29Sold$280,000
2022-05-09Pending sale$250,000
2022-05-06Listed for sale$250,000
2018-06-28Sold$175,900
2018-05-25Listed for sale$179,900
2014-11-01Listing removed$1,250
2014-10-26Listed for rent$1,250
2005-05-24Sold$172,500
2001-03-23Sold$132,500
1999-02-23Sold$107,000

For Sale by Agent

AgentSam Ortmann
BrokerageKeller Williams Integrity NW

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