NOT LISTED FOR SALE

8562 Magnolia Ln Maple Grove, MN 55369

Estimated Value: $624,120 - $674,000

4 Beds
2.5 Baths
2,900 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $393,790 $136 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,276/month

83 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Maple Grove Senior High School Rated A
  • Wood Flooring
  • 4-minute walk to Maple Lakes Park

About This Home

As of August 2014

GORGEOUS home in a great neighborhood! 4 beds up + upper entertainment rm. Priv mstr bath w/ soaker tub. Granite cntrs, nice deck & landscpg. Easy access to trails & parks, and so close to Main St! HUGE unfin. bsmt w/ egress & roughed in bath!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,272

Year Built

  • Built in 2010

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Tandem Garage

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Assessor Parcel Number 1411922330042

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,272

Year Built

Built in 2010

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Security System, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Inground Sprinkler System, Porch
  • Estimated Number of Acres: 0.2
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1450
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 1411922330042
  • Projected Closed Date: 08/15/2014
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 5272
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Rough In, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x15, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 20x18, On Level: Upper
  • Room 4: Kitchen, 14x12, On Level: Upper
  • Room 5: Bedroom, 11x11, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 15x12, On Level: Upper
  • Room 8: Bedroom, 17x13, On Level: Upper
  • Room 9: Den/Office, 15x11, On Level: Main
  • Room 10: Mud Room, 8x6, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Sump Pump, Unfinished
  • Finished Above Grade Sq Ft: 2900
  • Total Fin Square Footage: 2900

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tandem
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 35

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: COMMON

Building Info

  • Year Built: 2010

Tax Info

  • Year: 2014
  • Tax Value: 5272

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Aug 15, 2014
Sold by
Vankudith Sakru and Vadithya Vijayalaxmi
Bought by
Barber John G and Barber Surbhi M
List Price
$419,900
Sold Price
$393,790
Premium/Discount to List
-$26,110
-6.22%
Total Days on Market
83
Current Estimated Value
$656,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,990
Avg. Annual Appreciation
4.34%
Original Mortgage
$315,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Vadithya Vijayalaxmi and Vankudoth Sakru
Bought by
Vankudoth Sakru and Vadithya Vijayalaxmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Putle Homes
Bought by
Vadithya Vijayalaxmi and Vankudoth Sakru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,068
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Pamele Properties
Bought by
Pulte Homes Of Minnesota Llc

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
Barber John G $393,791 Liberty Title Inc
Vankudoth Sakru -- Lsi
Vadithya Vijayalaxmi $361,125 --
Pulte Homes Of Minnesota Llc $364,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber John G $286,000
Closed Barber John G $315,000
Previous Owner Vankudoth Sakru $292,000
Previous Owner Vadithya Vijayalaxmi $343,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $393,790 -6.2% $136 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $419,900 -- $145 / Sq Ft
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 $7,201 $594,700 $128,600 $466,100
2022 $5,808 $583,500 $107,200 $476,300
2021 $5,564 $477,600 $85,400 $392,200
2020 $5,458 $448,000 $70,700 $377,300
2019 $5,726 $420,000 $61,200 $358,800
2018 $5,458 $415,700 $79,900 $335,800
2017 $5,555 $382,000 $76,000 $306,000
2016 $5,473 $371,400 $86,000 $285,400
2015 $5,373 $355,700 $77,000 $278,700
2014 -- $328,400 $79,900 $248,500
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4604342

REALTOR® Association of Southern Minnesota

APN: 14-119-22-33-0042

Minnesota Hennepin County Maple Grove 55369

8562 Magnolia Ln, Maple Grove, MN

Homes for Sale in Maple Grove, MN

This home is located at 8562 Magnolia Ln, Maple Grove, MN 55369 since 16 April 2014 and is currently estimated at $656,780, approximately $226 per square foot. This property was built in 2010. 8562 Magnolia Ln 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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