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533 Tulare Ter, Newport, MN, 55055

3beds
2baths
1,892sqft
$619,301
$327price/sqft
$4,215/moest. monthly cost
$168,600/yrincome needed

About This Home

Welcome to Cherrywood! This popular Willow floor plan features al living spaces on one level and an Extra Deep tandem garage!! The home's one- level living design emphasizes both comfort and practicality, with the owner's bedroom positioned in the back for privacy. The open-concept layout seamlessly connects the living areas, creating an inviting atmosphere for both relaxation and gatherings. Enjoy porch out front, the wide hallways and unique tandem garage- an extra deep stall : the possibilities abound A sweet covered patio overlooks a wooded lot and make this home a quiet sanctuary with birds, trees and privacy. This home is under construction with a completion date for closing by end of June 2026! Please see the model home next door for information and similar floor plan. This new construction home represents an opportunity to be the first owner of a carefully crafted residence that is association maintained, energy efficient and beautifully designed.

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: Air-To-Air Exchanger,Dishwasher,Dryer,Electric Water Heater,ENERGY STAR Qualified Appliances,Exhaust Fan,Humidifier,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 184.841
  • Dimensions: 13.1 x 14.11

Bedroom2

  • Level: Main
  • Area: 161.13
  • Dimensions: 12.3 x 13.10

Bedrooms & Bathrooms

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

Den

  • Level: Main
  • Area: 141.57
  • Dimensions: 12.1 x 11.7

Dining Room

  • Level: Main
  • Area: 163.17
  • Dimensions: 11.1 x 14.7

Family Room

  • Level: Main
  • Area: 313.56
  • Dimensions: 15.6 x 20.1

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,892

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,892
  • Total interior livable area: 1,892 sqft

Kitchen

  • Level: Main
  • Area: 182
  • Dimensions: 14 x 13

Patio

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Property

Accessibility

  • Accessibility features: No Stairs Internal

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 1892

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Patio
  • Fencing: Partial,Privacy,Wood

Lot

  • Lot size: 0.29 Acres
  • Features: Sod Included in Price,Tree Coverage - Medium
  • Lot size dimensions: 42 x 152 x 116 x 208

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Asphalt,Tandem Garage
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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 $3,131$37,572
Home Insurance *$429$5,148
Property Taxes $485$5,820
Electricity $170$2,050
Total$4,215$50,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,514/yr
40% on housing$126,450/yr
45% on housing$112,400/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 55055$231
Washington County$198

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)

No zestimate history available

Price History

DateEventPrice
2026-05-09Listed for sale$619,301

New Construction

AgentElizabeth Clapp
BrokerageM/I Homes

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