$485,000
SOLD JUL 26, 2024

341 S Olive St Waconia, MN 55387

4 Beds
2.5 Baths
2,487 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Living Room with Fireplace
  • Corner Lot
  • The kitchen features windows
  • Waconia Middle School Rated A-
  • No HOA
  • Storage Room

About This Home

As of July 2024

Welcome to this spacious and meticulously maintained downtown Waconia bungalow! Featuring 4 generous bedrooms with large closets, 2 full baths, and a finished basement, this home offers ample living space. The huge eat-in kitchen is perfect for family meals and entertaining. Situated on a desirable corner lot, the property boasts a 2-car garage, a fenced yard, and a large back patio ideal for gatherings. The beautifully landscaped yard adds to the home’s charm, making it truly turn-key. Enjoy the convenience of downtown living with shops, restaurants, and parks just a short walk away. Don’t miss out on this incredible opportunity!

Last Agent to Sell the Property

Samantha Hancock

RE/MAX Advantage Plus Listed on: 06/13/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Steve Battis

M/I Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x157
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Volkenants 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 755030120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,908

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 1788
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Living Room
  • Living Area: 2487
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 699
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Recreation Room, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Other Structures: Other
  • PatioPorchType: Covered,Front Porch,Patio

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 482

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Porch,Tile Floors

Schools

  • Junior High Dist: Waconia
  • SchoolDistrictNumber: 110
  • SchoolDistrictPhone: 952-442-0600

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x157
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 755030120
  • Tax Annual Amount: 3908
  • TaxWithAssessments: 3908.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 26, 2024
Sold by
Rightler Jesse and Rightler Jacqueline
Bought by
Schmidt Robert and Schmidt Michelle
Seller's Agent
Samantha Hancock
RE/MAX Advantage Plus
Buyer's Agent
Steve Battis
M/I Homes
List Price
$479,900
Sold Price
$485,000
Premium/Discount to List
$5,100
1.06%
Views
36
Current Estimated Value
$472,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,424
Avg. Annual Appreciation
-2.56%
Original Mortgage
$195,414
Outstanding Balance
$193,924
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$278,652

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 5, 2013
Sold by
Hedges Leslie Joe and Hedges Emily L
Bought by
Rightler Jesse and Rightler Jacqueline
Seller's Agent
Rebecca Larsen
RE/MAX Results
Buyer's Agent
Michelle Murphy
Edina Realty, Inc.
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$160,550
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Goettl Frederick D and Goettl Tracy J
Bought by
Hedges Leslie Joe and Hedges Emily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1998
Sold by
Hipp Linda J and Hipp David P
Bought by
Goettl Frederick D and Goettl Tracy J

Purchase Details

Closed on
May 2, 1997
Sold by
Kelzer Lucille
Bought by
Stern Linda J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $485,000 --
Warranty Deed $169,000 Title Mark Llc
Warranty Deed $198,000 --
Warranty Deed $141,900 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,414 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $166,400 New Conventional
Previous Owner $160,550 New Conventional
Previous Owner $158,400 New Conventional
Previous Owner $205,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $485,000 +1.1% $195 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $479,900 +184.0% $193 / Sq Ft
06/10/2013 06/10/13 Sold $169,000 0.0% $88 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $169,000 -- $88 / 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 $4,100 $357,400 $100,000 $257,400
2024 $3,964 $337,400 $80,000 $257,400
2023 $3,908 $330,800 $80,000 $250,800
2022 $3,280 $333,900 $75,600 $258,300
2021 $2,974 $222,600 $63,000 $159,600
2020 $2,830 $219,800 $63,000 $156,800
2019 $2,716 $199,000 $60,000 $139,000
2018 $2,348 $199,000 $60,000 $139,000
2017 $2,634 $184,900 $51,400 $133,500
2016 $2,282 $161,600 $0 $0
2015 $2,024 $148,700 $0 $0
2014 $2,024 $131,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6548125

NorthstarMLS

APN: 75.5030120