NOT LISTED FOR SALE

8550 8550 Magnolia Ln N Maple Grove, MN 55369

Estimated Value: $670,172 - $740,000

5 Beds
3.5 Baths
3,490 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $472,915 $136 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,635/month

Highlights

  • Home Under Construction
  • Fireplace
  • Forced Air Heating and Cooling System
  • Maple Grove Senior High School Rated A
  • 3 Car Attached Garage
  • 3-minute walk to Maple Lakes Park

About This Home

As of March 2012

This home is located at 8550 8550 Magnolia Ln N, Maple Grove, MN 55369 since 19 October 2011 and is currently estimated at $710,793, approximately $203 per square foot. This property was built in 2011. 8550 8550 Magnolia Ln N is a home located in Hennepin County with nearby schools including Rice Lake Elementary School, Maple Grove Middle School, and Maple Grove Senior High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,685

Year Built

  • 2011

Lot Details

  • 10,019

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 10,019 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,685

Year Built

2011

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 2314.32
  • Assessments: Yes
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1450
  • New Development: Yes
  • Projected Closed Date: 04/13/2012
  • Stories: 2 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 13x13, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 21x20, On Level: Main
  • Room 4: Kitchen, 15x13, On Level: Main
  • Room 5: Bedroom, 20x13, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Bedroom, 12x10, On Level: Upper
  • Room 10: Den/Office, 12x12, On Level: Main
  • Room 11: Rec Room, 20x15, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3490
  • Total Fin Square Footage: 3490

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 54

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: W71X125X94

Multi Family

  • Total Units Available: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2011
Closed on
Mar 22, 2012
Sold by
Toll Mn Ii Lp
Bought by
Faleel Shihab Jamal and Flannigan Jessica R
List Price
$470,229
Sold Price
$472,915
Premium/Discount to List
$2,686
0.57%
Total Days on Market
0
Current Estimated Value
$710,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,878
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Parnell Properties Llc
Bought by
Toll Mn Ii Lp

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
Faleel Shihab Jamal $472,914 Stewart Title Of Min
Toll Mn Ii Lp $4,119,774 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faleel Shihab Jamal $372,000
Closed Faleel Shihab Jamal $55,500
Closed Faleel Shihab Jamal $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2012 03/26/12 Sold $472,915 +0.6% --
10/19/2011 10/19/11 Pending -- -- --
10/19/2011 10/19/11 For Sale $470,229 -- --
Source: REALTOR® Association of Southern Minnesota

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 $7,685 $629,200 $139,200 $490,000
2022 $6,092 $608,300 $104,300 $504,000
2021 $5,904 $500,800 $67,700 $433,100
2020 $6,190 $475,400 $63,000 $412,400
2019 $6,206 $476,300 $63,000 $413,300
2018 $6,205 $450,600 $62,000 $388,600
2017 $6,722 $459,400 $62,000 $397,400
2016 $7,073 $476,000 $69,000 $407,000
2015 $7,291 $477,000 $75,000 $402,000
2014 -- $450,200 $85,000 $365,200
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4084272

REALTOR® Association of Southern Minnesota

APN: 14-119-22-33-0043