NOT LISTED FOR SALE

116 Olive St West Concord, MN 55985

Estimated Value: $227,000 - $279,000

3 Beds
3 Baths
1,768 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2025

Last sale price $265,000 $150 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,471 / mo

2 Days on Market

Highlights

  • 2 Fireplaces
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of April 2025

Fantastic 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!

Last Agent to Sell the Property

Tracy Petersohn

Tracy Sells LLC Listed on: 04/01/2025

Last Buyer's Agent

Rick Tonjum

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1880

Lot Details

  • 9,148

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Lot Dimensions are 72x124
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Westgates Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 266780170

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1880

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Vinyl
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Living Area: 1768
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 568
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Foundation Details: Block

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors, Kitchen Center Island, Paneled Doors, Tile Floors

Schools

  • Junior High Dist: Triton
  • SchoolDistrictPhone: 5073742192

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 72x124
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 266780170
  • Tax Annual Amount: 2328
  • TaxWithAssessments: 2356

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 1, 2025
Sold by
Bought by
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%
Views
19
Current Estimated Value
$248,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,146
Avg. Annual Appreciation
-5.41%
Original Mortgage
$251,750
Outstanding Balance
$249,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$396

Purchase Details

Closed on
Feb 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2013
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Aug 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 2006
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Atypical Title
$60,000 Atypical Title
$67,000 Atypical Title
$67,000 None Available
-- None Available
-- None Available
-- None Available
$70,000 None Available
$63,000 Title Recording Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $251,750
Previous Owner $66,500
Previous Owner $56,700
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,474 $148,900 $13,200 $135,700
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

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Map

Source: NorthstarMLS

MLS Number: 6694878

NorthstarMLS

APN: 26.678.0170

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