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28895 Olinda Trail

28895 Olinda Trail, Lindstrom, MN 55045
Property in Chisago Lake
Sold May 24, 2022
$507,000
$380,250
Mortgage Due May 24, 2052
Sold Sep 14, 2018
$334,000
28895 Olinda Trail in Lindstrom, MN was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2006. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 28895 Olinda Trail has 1,490 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 31,799 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 28895 Olinda Trail sold most recently in May 24, 2022 for a total of $507,000. If you work out the math, that's approximately a cost of $340.27 per sqft. Before that, the property was also sold for $334,000 in Aug 24, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,452 in taxes each year. 28895 Olinda Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $494,800. If we break it down further, the land itself was valued at $197,700. Improvements to the property, however, were assessed at a total of $297,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Block Exterior

Driveway

Driveway

Parking

Attached Garage
Heated Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2006
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Lot Size Depth Feet: 3,000
  • Total Building Area: 1,490
  • Gross Building Area: 3,234
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THAT PT OF GOVT LOT 1 DES AS FOL: BG AT THE N1/4 COR OF SAID SEC 9; TH E ASSUMED BEAR- ING ALONG THE N LINE OF SEC 9 A DIS OF 1521.46 FT TO THE E'LY R/W LINE OF

Ownership

  • Current Owner : BURCH LACEY
  • Current Owner 2: BURCH MARC
  • Previous Owner : BAKKEN TIMOTHY
  • Previous Owner 2: BAKKEN CORRINE
  • Owner Before Previous Owner: HULTMAN HOWARD E
  • Owner Before Previous Owner 2: HULTMAN CYNTHIA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chisago Lakes School District
  • School Tax School District: CHISAGO LAKES
  • School Tax District Code 2: COMFORT/FOREST
  • Census Tract: 110503

Geography

  • Account Number: 3356447
  • District: 15
  • Section: 9,9
  • Parcel: 15-00011-52
  • Lot: 1
  • Meridian: SEC 09 TWN 033 RNG 020
  • Municipality: LINDSTROM
  • Latitude: 45.3673
  • Longitude: -92.8396

    Address

  • Full Address: 28895 Olinda Trl
  • Address - House Number: 28895
  • Address - Street Name: Olinda
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Lindstrom
  • Carrier Code: R001
  • 4-Digit Zip Code: 8975
  • Zip Code: 55045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,452

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 513,346
  • High Value: 595,848
  • Low Value: 430,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,250
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $380,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 24, 2052

    Market Valuation

  • Market Total Value: $494,800
  • Market Land Value: $197,700
  • Market Improvement Value: $297,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $494,800
  • Assessed Land Value: $197,700
  • Assessed Improvements Value: $297,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11889577472
  • Current Sale Price: $507,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1415656
  • Previous Sale Recording Date: Sep 14, 2018
  • Previous Sale Contract Date: Aug 24, 2018
  • Previous Sale Amount: $334,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $380,250
  • First Mortgage Loan Type: New Conventional

About Chisago



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Frequently Asked Questions

What neighborhood is 28895 Olinda Trail located in?
The 28895 Olinda Trail is a located in the neighborhood of Chisago Lake in Chisago, Lindstrom.
What is the average sales price for listings in 28895 Olinda Trail?
The average sales price for units in 28895 Olinda Trail is $0 currently.

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