NOT LISTED FOR SALE

2314 Olive Ave Wayzata, MN 55391

Estimated Value: $295,000 - $353,557

3 Beds
1 Bath
960 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 27, 2025

Last sale price $302,062 $315 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,833/month

1 Day on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Hilltop Primary School Rated A
  • Patio
  • 1-Story Property

About This Home

As of May 2025

This charming rambler is set in a prime location, walkable to the dining, retail and grocery shopping that Navarre has to offer. The property is also just one block from a trailhead for the Dakota Rail Trail, a block from Orono Park, and a 3-minute drive to the North Arm boat launch on Lake Minnetonka. The home is nestled on a mostly flat lot in a maturely wooded neighborhood. The interior is bright with natural light and features a generously sized living room, a laundry area off the kitchen, 3 bedrooms and a full bathroom. The private backyard space is great for entertaining or relaxing with a small patio and a firepit. Updates include recently refreshed paint inside and out, new LVP flooring throughout the interior, a new gas range, a new rear service door, a new roof, and new gravel for the driveway.

Last Agent to Sell the Property

Nick Leyendecker

LEYENDECKER Realty Listed on: 05/09/2025

Last Buyer's Agent

Drew Hueler

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 55x140
  • Privacy Fence
  • Wood Fence
  • Many Trees

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Partial Basement

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Wileys Navarre Add Lake Mtka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1711723440067

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,562

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 960
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 960
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Privacy, Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Patio,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 55x140
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1711723440067
  • Tax Annual Amount: 2562
  • TaxWithAssessments: 2562.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
May 27, 2025
Sold by
Willier Mark D and Willier Heather L
Bought by
One Six Properties Llc
Seller's Agent
Nick Leyendecker
LEYENDECKER Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$249,900
Sold Price
$302,062
Premium/Discount to List
$52,162
20.87%
Views
33
Current Estimated Value
$313,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,827
Avg. Annual Appreciation
5.99%
Original Mortgage
$242,400
Outstanding Balance
$241,473
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$72,416

Purchase Details

Closed on
Jul 17, 2017
Sold by
Casey Callen H
Bought by
Willer Mark D and Willer Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2014
Sold by
Hillstrom Benjamin Benjamin
Bought by
Callen Callen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
4.1%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Hobday Joshua T and Hobday Marie
Bought by
Hillstrom Benjamin C and Dullinger Jamie

Purchase Details

Closed on
Jul 30, 2001
Sold by
Day Louise B
Bought by
Hobday Joshua T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
One Six Properties Llc $302,061 First American Title
Willer Mark D $200,000 Edina Realty Title Inc
Callen Callen $150,000 --
Hillstrom Benjamin C $151,400 --
Hobday Joshua T $123,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Six Properties Llc $242,400
Previous Owner Willer Mark D $150,000
Previous Owner Callen Callen $144,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $302,062 +20.9% $315 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $249,900 -- $260 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $2,439 $269,000 $110,000 $159,000
2023 $2,562 $293,300 $135,000 $158,300
2022 $2,096 $254,000 $100,000 $154,000
2021 $1,971 $223,000 $90,000 $133,000
2020 $1,847 $208,000 $80,000 $128,000
2019 $1,878 $183,000 $65,000 $118,000
2018 $1,674 $185,000 $70,000 $115,000
2017 $1,554 $164,000 $75,000 $89,000
2016 $1,325 $144,000 $65,000 $79,000
2015 $1,417 $129,000 $50,000 $79,000
2014 -- $88,000 $40,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6682252

NorthstarMLS

APN: 17-117-23-44-0067