NOT LISTED FOR SALE

8952 Magnolia Ln N Maple Grove, MN 55369

Estimated Value: $282,000 - $309,000

3 Beds
2 Baths
1,815 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $261,000 $144 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,890/month

5 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Maple Grove Senior High School Rated A
  • 2 Car Attached Garage
  • Living Room

About This Home

As of May 2021

Best opportunity in Maple Grove-don't miss your chance! Affordable living without association dues in a great area and school district! Enjoy your own spacious, private back yard with multiple patios. This great home has many updates already completed in the last 1-2 years including flooring, interior paint, drain tile updated and new sump pump, stainless appliances, water softener, some new windows and the rest were done by previous owner. The lower level has a 2nd kitchen, bedroom, and bathroom, making a perfect guest suite or multi-generational housing; or convert the kitchen to a wet bar for a great entertaining space! Don't miss out, make this home yours and start enjoying all the parks, entertainment, shopping, and restaurants that Maple Grove has to offer!

Last Listed By

Matthew McLaren

Master Key Real Estate Co Listed on: 03/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 56 x 125
  • Property is Fully Fenced
  • Wood Fence
  • Wire Fence
  • Zero Lot Line

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Bi-Level Home
  • Pitched Roof

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Wellington Crest 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1411922240073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,830

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Duplex
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1059
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 x 35
  • Second Unit: Easily Divided,Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Appliances: Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1815
  • Fireplace: No
  • Below Grade Finished Sq Ft: 756
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Four Season Porch, Kitchen- 2nd, Patio, Patio
  • SqFtTotal: 1915.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Fencing: Full, Wire, Wood
  • ConstructionMaterialsDesc: Block,Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 400
  • ParkingOpen: 4
  • Garage Door Height: 7

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Natural Woodwork,Patio,Security System,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 56 x 125
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1411922240073
  • Tax Annual Amount: 2830
  • TaxWithAssessments: 2830.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 21, 2021
Sold by
Mindiola John and Mindiola Tracy
Bought by
Li Jinyu and Zhang Yani
Seller's Agent
Matthew McLaren
Master Key Real Estate Co
Buyer's Agent
Jie Xu
Bridge Realty, LLC
List Price
$257,500
Sold Price
$261,000
Premium/Discount to List
$3,500
1.36%
Total Days on Market
5
Current Estimated Value
$295,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,568
Avg. Annual Appreciation
3.02%
Original Mortgage
$191,250
Outstanding Balance
$176,238
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$117,763

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 30, 2020
Sold by
Wallace Barton L and Wallace Kathleen N
Bought by
Mindiola John and Mindiola Tracy
Seller's Agent
Jane Schmidt
Keller Williams Classic Rlty NW
Buyer's Agent
Daniel Johnson
Master Key Real Estate Co
List Price
$244,900
Sold Price
$251,000
Premium/Discount to List
$6,100
2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$243,470
Interest Rate
3%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Li Jinyu $261,000 Title Specialists Inc
Mindiola John $251,000 Title Specialists Inc
Li Jinyu Jinyu $261,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jinyu $191,250
Previous Owner Mindiola John $243,470
Previous Owner Wallace Barton L $84,800
Previous Owner Wallace Barton $88,000
Closed Li Jinyu Jinyu $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $261,000 +1.4% $144 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $257,500 +2.6% $142 / Sq Ft
07/31/2020 07/31/20 Sold $251,000 +2.5% $247 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $244,900 -- $241 / 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 $3,019 $267,700 $66,100 $201,600
2022 $2,690 $259,900 $53,600 $206,300
2021 $2,830 $234,900 $48,600 $186,300
2020 $2,909 $226,600 $45,900 $180,700
2019 $2,807 $208,300 $45,600 $162,700
2018 $2,398 $189,200 $45,600 $143,600
2017 $2,364 $147,700 $35,000 $112,700
2016 $2,300 $154,800 $36,500 $118,300
2015 $1,993 $130,500 $32,500 $98,000
2014 -- $127,700 $37,000 $90,700
Source: Public Records

Agents Affiliated with this Home

  • Matthew McLaren

    Seller's Agent in 2021

    Matthew McLaren

    Master Key Real Estate Co

    (763) 328-2995

    2 in this area

    86 Total Sales

    Matthew McLaren
    Section Image
  • Jie Xu

    Buyer's Agent in 2021

    Jie Xu

    Bridge Realty, LLC

    (651) 492-9328

    10 in this area

    47 Total Sales

    Jie Xu
    Section Image
  • Jane Schmidt

    Seller's Agent in 2020

    Jane Schmidt

    Keller Williams Classic Rlty NW

    (612) 232-8651

    35 in this area

    121 Total Sales

    Jane Schmidt
    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Johnson

    Master Key Real Estate Co

See All Agents

Map

Source: NorthstarMLS

MLS Number: 5728797

NorthstarMLS

APN: 14-119-22-24-0073

Minnesota Hennepin County Maple Grove 55369

8952 Magnolia Ln N, Maple Grove, MN

Homes for Sale in Maple Grove, MN

This home is located at 8952 Magnolia Ln N, Maple Grove, MN 55369 since 26 March 2021 and is currently estimated at $295,568, approximately $162 per square foot. This property was built in 1986. 8952 Magnolia Ln N is a home located in Hennepin County with nearby schools including Rice Lake Elementary School, Osseo Middle School, and Maple Grove Senior High School.

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