NOT LISTED FOR SALE

301 S 8th St Olivia, MN 56277

Estimated Value: $92,000 - $130,000

2 Beds
2 Baths
912 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $80,000 $88 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $680/month

8 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Living Room
  • 3-minute walk to Nester Park

About This Home

As of October 2024

Located in the heart of Olivia, this home offers both comfort and convenience, making it a great investment opportunity. Featuring two main floor bedrooms, two bathrooms, spacious living room, formal dining room and an attached garage. Located just moments away from local amenities that include shops, the school, and parks. Whether you're looking to settle in or seeking a rental property, this home presents a great opportunity to invest in a thriving community.

Last Agent to Sell the Property

Rachel Orsten

Legacy Land & Home Listed on: 08/26/2024

Last Buyer's Agent

Rachel Orsten

Legacy Land & Home Listed on: 08/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74x150
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Heins School Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 350259500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1951

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: 1951
  • Above Grade Finished Sq Ft: 912
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 912
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Breezeway

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Bird Island-Olivia-Lake Lillian
  • SchoolDistrictPhone: 320-523-1031

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 74X150
  • Lot Size Sq Ft: 11107.8
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 350259500
  • Tax Annual Amount: 1138
  • TaxWithAssessments: 1138.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 4, 2024
Sold by
Hemmingsen Estate Of Mark A
Bought by
Berge Investment Group Llc
Seller's Agent
Rachel Orsten
Legacy Land & Home
Buyer's Agent
Rachel Orsten
Legacy Land & Home
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Views
29
Current Estimated Value
$110,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,930
Avg. Annual Appreciation
30.73%
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
Berge Investment Group Llc $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $80,000 -15.8% $88 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $95,000 -- $104 / 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
2025 $1,192 $101,700 $7,500 $94,200
2024 $1,192 $100,600 $7,500 $93,100
2023 $1,138 $90,900 $7,500 $83,400
2022 $1,202 $86,900 $7,500 $79,400
2021 $1,174 $69,000 $7,500 $61,500
2020 $1,098 $69,000 $7,500 $61,500
2019 $648 $60,800 $7,500 $53,300
2018 $630 $56,300 $7,500 $48,800
2017 $588 $56,300 $0 $0
2016 $560 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6592543

NorthstarMLS

APN: 35-02595-00