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8934 Olive Lane North

8934 Olive Lane North, Osseo, MN 55311
Property in Maple Grove
Sold Sep 30, 2021
$286,200
$271,890 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Sep 29, 2016
$205,000
$201,286 by Bnc National Bank
Mortgage Due Oct 01, 2046
Local assessors in Osseo, MN have categorized 8934 Olive Lane North as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 43,947 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8934 Olive Lane North has a total of 1,615 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 350 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 17, 2021 for $286,200. That's $177.21 per sqft. Prior to that sales transaction, the property was also sold in Sep 16, 2016 for $205,000. 8934 Olive Lane North was last assessed in 2022. The total value of the property was assessed at $269,400. Specifically, the land the property is located on was valued at $49,000. While improvements on the property were assessed at a total of $220,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,492. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,947
  • Total Building Area: 1,615
  • Gross Building Area: 1,615
  • Building Area: 1,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,615
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIC NO 0843 COPPER MARSH COACH HOMES
  • Land Acres: 1.008
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CIC NO 0843 COPPER MARSH COACH HOMES UNIT NO 1505 IRREGULAR

Ownership

  • Current Owner : WEBER VICTORIA J
  • Current Owner 2: WEBER JAMES P
  • Previous Owner : SCHUFT RICKY A
  • Previous Owner 2: SCHUFT MICHELLE P
  • Owner Before Previous Owner: SORUM LISA M
  • Owner Before Previous Owner 2: SORUM NATHAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026717

Geography

  • Assessors Map Reference: MB:06387
  • District: 76
  • Parcel: 18-119-22-14-0161
  • Meridian: SEC 18 QTR 14 TWN 119 RNG 22
  • Municipality: MAPLE GROVE
  • Latitude: 45.1178
  • Longitude: -93.5047

    Address

  • Full Address: 8934 Olive Ln N
  • Legal Unit: 1505
  • Address - House Number: 8934
  • Street Segment Direction: N
  • Address - Street Name: Olive
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Maple Grove
  • Carrier Code: R020
  • 4-Digit Zip Code: 4439
  • Zip Code: 55311

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,492

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 297,667
  • High Value: 358,516
  • Low Value: 236,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,890
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $271,890
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $269,400
  • Market Land Value: $49,000
  • Market Improvement Value: $220,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,400
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $220,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11859367480
  • Current Sale Price: $286,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05882325
  • Previous Sale Recording Date: Sep 29, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $271,890
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BNC NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 29, 2016
  • Previous Mortgage Loan Amount: $201,286
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Brooklyn Park - Maple Grove



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Frequently Asked Questions

What neighborhood is 8934 Olive Lane North located in?
The 8934 Olive Lane North is a located in the neighborhood of Maple Grove in Brooklyn Park - Maple Grove, Osseo.
What is the average sales price for listings in 8934 Olive Lane North?
The average sales price for units in 8934 Olive Lane North is $0 currently.

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