$356,000
SOLD OCT 3, 2024

5042 Olson Memorial Dr Pine City, MN 55063

4 Beds
2 Baths
1,550 Sq Ft
2.5 Acres

Recently Sold

$230 Per Sq Ft

4% Below List Price

53 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Living Room
  • No HOA
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Beautiful home located in a small development close to the freeway. Vaulted ceilings on the main level and large windows let in great natural light. The main level offers beautiful tiled floors along with custom cabinetry. Basement is partially finished with two bedrooms and bathroom. The lot offers mature trees that give you lots of privacy in the summer. Oversized deck with attached chainlink fence for your pets. This is a MUST see.

Last Agent to Sell the Property

Jamie Fedder

Pro Source Real Estate Group, LLC Listed on: 06/24/2024

Last Buyer's Agent

Robert Flom

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 2006

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 299x364x299x364
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Drilled Well

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • No Home Owners Association
  • West Rock Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0435189000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Drilled, Well
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1015
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Full, Partially Finished, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1550
  • Below Grade Finished Sq Ft: 535
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Gravel
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Tile Floors

Schools

  • Junior High Dist: Pine City
  • SchoolDistrictNumber: 578
  • SchoolDistrictPhone: 320-629-4010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 299x364x299x364
  • Lot Size Sq Ft: 109030.68
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0435189000
  • Tax Annual Amount: 2354
  • TaxWithAssessments: 2364.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 3, 2024
Sold by
Studer Paige and Anderson Paige
Bought by
Benedict Cody and Toler Calli
Seller's Agent
Jamie Fedder
Pro Source Real Estate Group, LLC
Buyer's Agent
Robert Flom
eXp Realty
List Price
$369,900
Sold Price
$356,000
Premium/Discount to List
-$13,900
-3.76%
Views
32
Current Estimated Value
$388,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,811
Avg. Annual Appreciation
3.58%
Original Mortgage
$338,200
Outstanding Balance
$335,688
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$31,505

Purchase Details

Closed on
Jan 3, 2022
Sold by
Kuehn Melvin B
Bought by
Studer Paige and Anderson Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2016
Bought by
Kuehn Melvin Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.58%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Northwoods Bank Of Minnesota
Bought by
Kuehn Melvin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 26, 2008
Sold by
Startac Construction Inc
Bought by
Becker Curtis R and Becker Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.24%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jan 6, 2006
Sold by
Olson Erling M and Olson Lynn R
Bought by
Startac Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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
Warranty Deed $356,000 None Listed On Document
Warranty Deed $279,000 A1 Title
Deed $125,000 --
Contract Of Sale $125,000 --
Contract Of Sale $195,000 --
Warranty Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,200 New Conventional
Previous Owner $273,946 FHA
Previous Owner $7,510 FHA
Previous Owner $189,662 FHA
Previous Owner $160,000 New Conventional
Previous Owner $125,000 No Value Available
Previous Owner $110,000 Land Contract Argmt. Of Sale
Previous Owner $148,000 Unknown
Previous Owner $21,000 New Conventional
Previous Owner $195,000 Land Contract Argmt. Of Sale
Previous Owner $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $356,000 -1.1% $230 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $359,900 -2.7% $232 / Sq Ft
06/27/2024 06/27/24 For Sale $369,900 -- $239 / 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 $2,080 $304,800 $60,000 $244,800
2024 $2,354 $286,500 $50,400 $236,100
2023 $2,252 $309,000 $63,400 $245,600
2022 $1,820 $259,500 $55,800 $203,700
2021 $1,684 $184,400 $40,700 $143,700
2020 $1,666 $165,000 $36,300 $128,700
2019 $1,572 $159,100 $34,300 $124,800
2018 $1,524 $148,900 $30,400 $118,500
2017 $1,200 $142,500 $28,400 $114,100
2016 $1,184 $116,600 $24,800 $91,800
2014 $1,056 $79,300 $18,471 $60,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6559171

NorthstarMLS

APN: 043.5189.000