$305,000
SOLD FEB 2, 2024

8117 Magnolia Ln N Maple Grove, MN 55369

2 Beds
2.5 Baths
1,548 Sq Ft
$333/mo HOA Fee

Recently Sold

$197 Per Sq Ft

3% Below List Price

119 Days on Market

Highlights

  • Deck
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances
  • Zero Lot Line
  • 2-minute walk to Bridges Park

About This Home

As of February 2024

Immerse yourself in modern elegance & enjoy the vibrant lifestyle offered by this exceptional townhome in The Bridges of Arbor Lakes. This residence has 2 bedrooms and 3 bathrooms, offering an open floor plan that seamlessly merges the informal dining area with an inviting breakfast bar, all overlooking the kitchen featuring granite countertops, cherry cabinets, & stainless steel appliances. The living room, filled with natural light, beckons you to step out onto the maintenance-free deck through a sliding glass door. The primary suite is a haven of luxury, featuring a separate tiled shower, a soothing tub, and a generously sized walk-in closet and laundry. East-facing windows and a sliding door illuminate the space with morning sunlight. Attached 2-car tuck-under garage. Surrounding this gem, parks, pickle ball courts & walking paths invite leisurely strolls, while proximity to shopping, dining, & public transportation ensures convenience at your doorstep. Roof 2020. 1 Year Warranty

Last Agent to Sell the Property

Cynthia Carlson

Edina Realty, Inc. Listed on: 09/08/2023

Edina Realty, Inc.

Co-Listed By

Fiana Carlson

Edina Realty, Inc.

Last Buyer's Agent

Daniel Roushar

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot
  • Zero Lot Line

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Garage

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2311922240017

Community Details

Overview

  • 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
  • Cic 1264 The Bridges At Arbor Lake I Subdivision

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,342

Year Built

Built in 2005

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Deck, Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1489
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Partially Finished
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1548
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 59
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Living Room, Kitchen, Bedroom 1, Bedroom 2, Foyer, Deck

Beds/Baths

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

Exterior Features

  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Tuckunder Garage
  • Garage Square Feet: 480

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,Washer/Dryer Hookup,Walk-In Closet

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
  • Lot Size Sq Ft: 18120.96
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2311922240017
  • Tax Annual Amount: 3342
  • TaxWithAssessments: 3342.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 2, 2024
Sold by
The Estate Of James Michael Solberg
Bought by
Thornton Thomas
Seller's Agent
Cynthia Carlson
Edina Realty, Inc.
Buyer's Agent
Daniel Roushar
Coldwell Banker Realty
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$301,872
Outstanding Balance
$297,125
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$27,770

Purchase Details

Listed on
Sep 8, 2023
Closed on
Jan 31, 2024
Sold by
Solberg James Michael
Bought by
Thornton Thomas
Seller's Agent
Cynthia Carlson
Edina Realty, Inc.
Buyer's Agent
Daniel Roushar
Coldwell Banker Realty
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,872
Outstanding Balance
$297,125
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$27,770

Purchase Details

Closed on
May 10, 2017
Sold by
Ogren John and Ogren Julie K
Bought by
Solberg James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2005
Sold by
Opus Northwest Llc
Bought by
Ogren Timothy John and Ogren Kristina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.82%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $305,000 --
Personal Reps Deed $305,000 Ancona Title
Warranty Deed $265,000 None Available
Warranty Deed $239,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,872 New Conventional
Closed $305,000 VA
Previous Owner $212,000 Adjustable Rate Mortgage/ARM
Previous Owner $181,345 FHA
Previous Owner $187,900 FHA
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $330,000 +8.2% $210 / Sq Ft
02/02/2024 02/02/24 Sold $305,000 0.0% $197 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
09/18/2023 09/18/23 Price Changed $305,000 -3.2% $197 / Sq Ft
09/08/2023 09/08/23 For Sale $315,000 -- $203 / 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 $3,345 $293,400 $82,100 $211,300
2022 $3,153 $301,600 $79,500 $222,100
2021 $3,062 $269,900 $73,600 $196,300
2020 $3,029 $257,900 $68,000 $189,900
2019 $3,031 $245,300 $75,500 $169,800
2018 $2,995 $233,100 $75,000 $158,100
2017 $2,730 $186,600 $50,000 $136,600
2016 $2,661 $179,100 $50,000 $129,100
2015 $2,585 $169,100 $50,000 $119,100
2014 -- $165,200 $58,000 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6428477

NorthstarMLS

APN: 23-119-22-24-0017