NOT LISTED FOR SALE

510 Magnolia Ln N Plymouth, MN 55441

Estimated Value: $849,000 - $919,000

4 Beds
4 Baths
3,855 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $786,500 $204 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,430/month

Highlights

  • 45,302 Sq Ft lot
  • Deck
  • No HOA
  • Sunset Hill Elementary School Rated A
  • Bonus Room
  • Screened Porch

About This Home

As of November 2022

Prime Plymouth location with easy access to 394 and in the Wayzata School District. This architect designed home sits on over one acre and is located at the end of a cul de sac, surrounded by land that cannot be developed. Extreme privacy, convenient location and high end finishes make this truly a one of a kind property! There is nothing else like this on the market! The main level features a renovated kitchen with new appliances that leads out to a screened in porch and deck area. The second floor features a large owner’s suite, additional bedrooms and a conveniently located laundry room. The third level flex space would make an amazing home office! The basement features radiant in floor heat throughout and brand new carpet in the spacious family room and extra bedroom! Geothermal heating and cooling along with over $160,000 of renovations within the last 18 months! This property is only available due to a job relocation.

Last Agent to Sell the Property

Jesse Hendricks

Edina Realty, Inc. Listed on: 10/13/2022

Edina Realty, Inc.

Last Buyer's Agent

James Korman

Korman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,219

Year Built

  • Built in 2003

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 106x435x100x472
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling

Community Details

  • No Home Owners Association
  • Wilshire Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511822320006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,219

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2949
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Cooktop, Dishwasher, Dryer, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 3855
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 906
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Mud Room, Screened Porch, Deck, Laundry
  • SqFtTotal: 4069.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 841

Utilities

  • Heating: Forced Air, Geothermal, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Primary Bedroom Walk-In Closet,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 106x435x100x472
  • Lot Size Sq Ft: 45302.4
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3511822320006
  • Tax Annual Amount: 7219
  • TaxWithAssessments: 7219.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 18, 2022
Sold by
Rewerts Brady and Rewerts Kaylynn
Bought by
Marcus Loren and Stillman Stephanie
Seller's Agent
Jesse Hendricks
Edina Realty, Inc.
Buyer's Agent
James Korman
Korman Realty
List Price
$795,000
Sold Price
$786,500
Premium/Discount to List
-$8,500
-1.07%
Current Estimated Value
$888,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,889
Avg. Annual Appreciation
2.75%
Original Mortgage
$536,500
Outstanding Balance
$523,537
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$326,058

Purchase Details

Closed on
Apr 24, 2020
Sold by
Ohman Gregg A and Ohman Robin K
Bought by
Rewerts Brady and Rewerts Kaylynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Marcus Loren $786,500 --
Rewerts Brady $600,000 Minnesota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcus Loren $536,500
Previous Owner Rewerts Brady $480,000
Previous Owner Ohman Gregg A $400,000
Previous Owner Ohman Gregg A $371,000
Previous Owner Ohman Gregg Arnold $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $786,500 -1.1% $204 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $795,000 -- $206 / 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
2023 $8,855 $769,300 $154,000 $615,300
2022 $7,219 $663,000 $168,000 $495,000
2021 $6,811 $571,000 $153,000 $418,000
2020 $6,696 $546,000 $138,000 $408,000
2019 $7,285 $525,000 $138,000 $387,000
2018 $6,705 $564,000 $109,000 $455,000
2017 $6,341 $497,000 $96,000 $401,000
2016 $6,400 $487,000 $94,000 $393,000
2015 $6,126 $455,100 $88,000 $367,100
2014 -- $434,700 $88,000 $346,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6270486

NorthstarMLS

APN: 35-118-22-32-0006