NOT LISTED FOR SALE

8018 Magnolia Ln N Unit 171 Maple Grove, MN 55369

Estimated Value: $306,000 - $355,000

2 Beds
2.5 Baths
1,534 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $309,000 $201 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,435/month

41 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Bridges Park

About This Home

As of August 2023

PRIDE OF OWNERSHIP SHOWS THROUGHOUT THIS RON CLARK BUILT TOWNHOME IN THE SOUGHT AFTER ARBOR LAKES COMMUNITY. SPACIOUS AND OPEN MAIN LEVEL WITH GLEAMING HARDWOOD FLOORS, ABUNDANT AMOUNTS OF NATURAL LIGHT, AN OVERSIZED MAINTENANCE FREE DECK PERFECT FOR GRILLING/ENTERTAINING. THE KITCHEN FEATURES PLENTY OF COUNTER SPACE, MAPLE CABINETS, SS APPLIANCES AND A NEW CUSTOM BACKSPLASH. UPSTAIRS SHOWCASES A LAUNDRY ROOM WITH ADDITIONAL STORAGE, A GUEST BEDROOM AND A GENEROUSLY SIZED OWNERS SUITE WITH A UPDATED BATHROOM AND A REMODELED "SPA" LIKE SHOWER. OVERSIZED 2 CAR ATTACHED GARAGE WITH ADDITIONAL STORAGE SPACE. PRIME LOCATION WITH WALKABILITY TO ALL THE LOCAL SHOPPING, RESTAURANTS AND PARKS.

Last Agent to Sell the Property

Lane Larson

RE/MAX Results Listed on: 06/07/2023

RE/MAX Results

Co-Listed By

Robert Ferguson

RE/MAX Results

Last Buyer's Agent

Erin Cook

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 2008

Lot Details

  • 0.38

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal, water
  • New Concepts Association, Phone Number (952) 922-2500
  • The Bridges At Arbor Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2311922310055

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,261

Year Built

Built in 2008

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 1486
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living Area: 1534
  • Below Grade Finished Sq Ft: 48
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • SqFtTotal: 2191.00

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Tuckunder Garage
  • Garage Square Feet: 541

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 952-922-2500
  • Association Fee: 333
  • Association: Yes
  • Amenities Unit: Deck

Association/Amenities

  • HOA Management Co: New Concepts

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictNumber: 279
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2311922310055
  • Tax Annual Amount: 3261
  • TaxWithAssessments: 3260.7400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 3, 2023
Sold by
Nazarenko Nikolay and Nazarenko Viktoria
Bought by
Lueck Jenna C
Seller's Agent
Lane Larson
RE/MAX Results
Buyer's Agent
Erin Cook
Compass
List Price
$324,900
Sold Price
$309,000
Premium/Discount to List
-$15,900
-4.89%
Views
27
Current Estimated Value
$328,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,190
Avg. Annual Appreciation
2.90%
Original Mortgage
$247,200
Outstanding Balance
$242,674
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$83,871

Purchase Details

Closed on
Dec 2, 2008
Sold by
Arbors Parkside Llc
Bought by
Nazarenko Nikolay and Natarna Viktoriya
Source: Public Records

Range of Values:

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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
Lueck Jenna C $309,000 Watermark Title
Nazarenko Nikolay $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lueck Jenna C $247,200
Previous Owner Nazarenko Nikolay $176,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $309,000 -1.9% $201 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $314,900 -3.1% $205 / Sq Ft
06/07/2023 06/07/23 For Sale $324,900 -- $212 / 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 $3,463 $302,800 $89,700 $213,100
2022 $3,256 $294,900 $70,600 $224,300
2021 $3,104 $277,800 $80,300 $197,500
2020 $3,308 $261,100 $70,100 $191,000
2019 $3,363 $265,300 $73,500 $191,800
2018 $3,061 $255,500 $77,200 $178,300
2017 $3,026 $220,900 $50,000 $170,900
2016 $2,956 $213,600 $50,000 $163,600
2015 $2,646 $189,400 $50,000 $139,400
2014 -- $184,200 $58,000 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Lane Larson

    Seller's Agent in 2023

    Lane Larson

    RE/MAX Results

    (651) 402-7297

    28 in this area

    235 Total Sales

    Lane Larson
    Section Image
  • Robert Ferguson

    Seller Co-Listing Agent in 2023

    Robert Ferguson

    RE/MAX Results

    (703) 926-6139

    50 in this area

    222 Total Sales

    Robert Ferguson
    Section Image
  • Erin Cook

    Buyer's Agent in 2023

    Erin Cook

    Compass

    (952) 945-3191

    4 in this area

    46 Total Sales

    Erin Cook
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6382534

NorthstarMLS

APN: 23-119-22-31-0067

Minnesota Hennepin County Maple Grove 55369

8018 Magnolia Ln N Unit 171, Maple Grove, MN

This home is located at 8018 Magnolia Ln N Unit 171, Maple Grove, MN 55369 since 07 June 2023 and is currently estimated at $328,190, approximately $213 per square foot. This property was built in 2008. 8018 Magnolia Ln N Unit 171 is a home located in Hennepin County with nearby schools including Rice Lake Elementary School, Maple Grove Middle School, and Osseo Senior High School.

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