NOT LISTED FOR SALE

8872 Olive Ln N Osseo, MN 55311

Estimated Value: $573,000 - $589,000

4 Beds
3.5 Baths
2,487 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $402,000 $162 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,831/month

31 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • Rush Creek Elementary School Rated A-
  • Wood Flooring
  • Home Gym

About This Home

As of December 2016

Beautiful 4 Bedroom Up Two Story Home. Custom Maple Cabinets, Hardwood and Tile Floors, Granite Counters. Master Suite W Tray Vaulted Ceiling, Walk-in Closet, Dual Vanities, Separate Whirlpool Tub and Shower. Two Fireplaces. Finished Lower Level with a Granite Bar, Stone Wall, 3/4 Bathroom and Wine Closet. Large Deck. 2 Story Vaulted Foyer. Open Main Floor Plan. Rush Creek Elementary, Maple Grove Juniior and Senior High Schools. Must See!

Last Listed By

Cheri Welle

Keller Williams Premier Realty Lake Minnetonka Listed on: 09/20/2016

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 94x135x94x135
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Entertainment System
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Additional Features

  • Air Exchanger
  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1811922410067

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,682

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Vinyl, Wood
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2487.00
  • Above Grade Finished Area Search: 2487.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 615.00
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level, 4 BR on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 10172
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3102.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1811922410067
  • Rental License: No
  • Stories Type: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric, Family Room, Gas Burning, Living Room
  • Dining Room Features: Breakfast Area, Separate/Formal Dining Room
  • Family Room Features: 2 or More, Entertainment/Media Center, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Full Master, Jetted Tub, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 615.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Deck, Exercise Room, Hardwood Floors, Local Area Network, Natural Woodwork, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 279 - Osseo
  • School District Phone: 763-391-7000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 94X135X94X135
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.2900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 2, BLK 1 WEAVER LAKE ESTATES 6TH ADDN
  • Tax Amount: 5682.00
  • Tax Year: 2016
  • Tax With Assessments: 5682.00
  • Assessor Parcel Number: 1811922410067

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 279 - Osseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 8, 2016
Sold by
Magadan Paula M
Bought by
Ndubi Samson N and Osmenya Esther
Seller's Agent
Cheri Welle
Keller Williams Premier Realty Lake Minnetonka
List Price
$409,900
Sold Price
$402,000
Premium/Discount to List
-$7,900
-1.93%
Total Days on Market
31
Current Estimated Value
$578,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,990
Avg. Annual Appreciation
4.25%
Original Mortgage
$352,000
Outstanding Balance
$289,594
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$281,820

Purchase Details

Closed on
Apr 28, 2000
Sold by
Oakridge Builders Inc
Bought by
Magadan Paula M and Magadan Fernando A

Range of Values:

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Average Value
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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
Ndubi Samson N $402,000 Executive Title
Magadan Paula M $325,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndubi Samson N $352,000
Previous Owner Magadan Paula M $143,000
Previous Owner Magadan Paula M $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $402,000 -1.9% $162 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $409,900 -- $165 / 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 $7,260 $568,900 $134,400 $434,500
2022 $6,235 $566,800 $120,600 $446,200
2021 $5,877 $478,400 $91,600 $386,800
2020 $5,806 $441,400 $63,500 $377,900
2019 $5,773 $446,700 $80,700 $366,000
2018 $5,871 $419,200 $67,400 $351,800
2017 $5,879 $402,200 $76,000 $326,200
2016 $5,682 $384,600 $64,000 $320,600
2015 $5,700 $376,000 $72,000 $304,000
2014 -- $363,000 $92,500 $270,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4763048

NorthstarMLS

APN: 18-119-22-41-0067