116 Olive St West Concord, MN 55985
3
Beds
3
Baths
1,768
Sq Ft
9,148
Sq Ft Lot
Highlights
- 2 Fireplaces
- Home Office
- Storage Room
- No HOA
- Living Room
- 1-Story Property
About This Home
As of April 2025Fantastic 3 bedroom, 3 bath rambler that has been completely remodeled! Brand new kitchen with center island, stainless steel appliances and backsplash. Master bedroom offers a master bath with whirlpool tub and walk in tile shower and tile floors. Beautiful hardwood floors in living and dining room. Lower level is completely finished with a large family room with wood fireplace. Really need to see this beauty to really appreciate it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,328
Year Built
- Built in 1880
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 72x124
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Home Office
- Storage Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Westgates Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 266780170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
May 1, 2025
Sold by
Eagle Valley Real Estate Llc
Bought by
Schmidtke Zetholamew C and Schmidtke Gabrielle M
Seller's Agent
Tracy Petersohn
Tracy Sells LLC
Buyer's Agent
Rick Tonjum
Edina Realty, Inc.
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
Total Days on Market
2
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-94.08%
Original Mortgage
$251,750
Outstanding Balance
$251,750
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$87,853
Purchase Details
Closed on
Feb 9, 2024
Sold by
Dak Solutions Llc
Bought by
Northway Shawn
Purchase Details
Closed on
Jul 23, 2013
Sold by
Dak Solutions Llc
Bought by
Northway Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 17, 2013
Sold by
Dak Solutions Llc
Bought by
Klocke Derrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 23, 2012
Sold by
Klocke Derrick
Bought by
Dak Solutions Llc
Purchase Details
Closed on
Feb 17, 2006
Sold by
Klock Derrick
Bought by
Dehoff John Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
6.2%
Mortgage Type
New Conventional
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Atypical Title | |
| Warranty Deed | $67,000 | Atypical Title | |
| Contract Of Sale | $67,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Contract Of Sale | $70,000 | None Available | |
| Limited Warranty Deed | $63,000 | Title Recording Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,750 | New Conventional | |
| Previous Owner | $66,500 | Seller Take Back | |
| Previous Owner | $47,700 | New Conventional | |
| Previous Owner | $56,700 | New Conventional | |
| Previous Owner | $70,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $265,000 | +2.0% | $150 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $259,900 | -- | $147 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,356 | $83,600 | $13,200 | $70,400 |
| 2023 | $3,366 | $142,800 | $13,200 | $129,600 |
| 2022 | $3,432 | $137,900 | $13,200 | $124,700 |
| 2021 | $2,102 | $116,400 | $13,200 | $103,200 |
| 2020 | $2,036 | $78,300 | $9,500 | $68,800 |
| 2019 | $1,918 | $66,800 | $9,500 | $57,300 |
| 2018 | $1,954 | $52,300 | $9,500 | $42,800 |
| 2017 | $904 | $47,800 | $9,500 | $38,300 |
| 2016 | $1,046 | $47,200 | $9,500 | $37,700 |
| 2015 | $1,014 | $51,000 | $9,500 | $41,500 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Petersohn
Seller's Agent in 2025
Tracy Petersohn
Tracy Sells LLC
(507) 254-2602
294 Total Sales
-
Rick Tonjum
Buyer's Agent in 2025
Rick Tonjum
Edina Realty, Inc.
156 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6694878
APN: 26.678.0170
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