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542 Tulare Ter, Newport, MN, 55055

2beds
2baths
1,877sqft
$537,990
$287price/sqft
$3,684/moest. monthly cost
$147,360/yrincome needed

About This Home

One Level Living in Cherrywood- The Cedarwood!! located in the newest neighborhood just steps from Woodbury and the amenities. Conventional 4.875%/4.9249% APR if closing by June 29th with seller preferred lender. FHA and VA options also available. Call for further details. This thoughtfully laid-out one-level plan offers 2 bedrooms, 2. bathrooms a den and sunroom, and a layout that just flows! At the heart of the home, you’ll find a spacious kitchen with a large center island that opens effortlessly to the dining room and expansive family room—ideal for hosting gatherings or relaxing at home. Just off the dining area, a bright and airy morning room with overlooks the back patio, offering the perfect spot for morning coffee or quiet evenings. The owner’s suite is tucked in the back of the home and features a generous walk-in closet and a spa-like en-suite bathroom with dual sinks and a tiled shower. A second bedroom and full bath are located at the front of the home, along with a versatile den that can be used as a home office, reading nook, or additional guest space. Additional conveniences include a laundry room just steps from the owner’s suite, and a 2-car garage with extra space. An extra bonus is the attic storage room- accessed by a true staircase, (not a pull down ladder) Here is where you store the off season items, your sports and hunting gear, holiday items- and more. enjoy the quiet community of Cherrywood perched high on a bluff with beautiful sunsets - the not-too big neighborhood close to all the amenties but surrounded by trees. Stop in today. Home completion by mid-summer.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
Newport Elementary SchoolGrades PK-50.8 mi
5/10
Oltman Middle SchoolGrades 6-80.8 mi
10/10
East Ridge High SchoolGrades 9-123.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Architectural Shingle
  • Construction materials: Frame

Other

  • Builder name: HANS HAGEN HOMES AND M/I HOMES

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,ENERGY STAR Qualified Appliances,Humidifier,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 13 x 15

Bedroom2

  • Level: Main
  • Area: 104.133
  • Dimensions: 10.3 x 10.11

Bedrooms & Bathrooms

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

Den

  • Level: Main
  • Area: 140.97
  • Dimensions: 12.7 x 11.1

Dining Room

  • Level: Main
  • Area: 156
  • Dimensions: 12 x 13

Family Room

  • Level: Main
  • Area: 272.32
  • Dimensions: 14.8 x 18.4

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,877

Foyer

  • Level: Main
  • Area: 81
  • Dimensions: 9 x 9

Heating & Cooling

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

Interior Area

  • Total structure area: 1,877
  • Total interior livable area: 1,877 sqft

Kitchen

  • Level: Main
  • Area: 156
  • Dimensions: 12 x 13

Laundry

  • Level: Main
  • Area: 81
  • Dimensions: 9 x 9

Storage

  • Level: Upper
  • Area: 218.4
  • Dimensions: 14 x 15.6

Sun Room

  • Level: Main
  • Area: 139.86
  • Dimensions: 11.1 x 12.6

Walk In Closet

  • Level: First
  • Area: 84
  • Dimensions: 14 x 6

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 1877

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Fencing: Privacy

Lot

  • Lot size: 6,363 sqft
  • Lot size dimensions: 50 x 124 x 51 x 135

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Washington 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 $2,720$32,640
Home Insurance *$373$4,476
Property Taxes $421$5,052
Electricity $170$2,050
Total$3,684$44,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,308/yr
40% on housing$110,520/yr
45% on housing$98,240/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 55055$237
Washington County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 55055$215
Washington County$201

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
2026-05-05Price change$554,990
2026-05-04Price change$570,180
2026-05-01Listed for sale$554,990

New Construction Spec

AgentElizabeth Clapp
BrokerageM/I Homes

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