$279,900

517 S Olive St Waconia, MN 55387

Estimated payment $1,775/month

Total Views 7,630
3 Beds
2 Baths
1,470 Sq Ft
$190 Price per Sq Ft

Highlights

  • No HOA
  • The kitchen features windows
  • Eat-In Kitchen
  • Waconia Middle School Rated A-
  • 3 Car Attached Garage
  • Patio

About This Home

Great equity builder in the heart of downtown Waconia. This delightful 3 bedroom, 1 3/4 bath home is perfectly located just steps from downtown shopping, dining and all that Waconia has to offer. Features include spacious lower-level family room, hardwood floors, a fenced yard, and both an attached single garage and a detached 2 - car garage - ideal for extra storage or workspace. Don't miss this opportunity to own a charming home in a prime location.

Listing Agent

Sheila Richter

Hometown Realty, Inc Listed on: 06/02/2025

Co-Listing Agent

Traci Atkinson

Hometown Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 157
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 755030330

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 980
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Partially Finished, Storage Space, Sump Pump
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1470
  • Below Grade Finished Sq Ft: 490
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Full, Privacy, Wood
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Insulated Garage
  • Garage Square Feet: 895

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

  • Junior High Dist: Waconia
  • SchoolDistrictNumber: 110
  • SchoolDistrictPhone: 952-442-0600

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 X 157
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 755030330
  • Tax Annual Amount: 2748
  • TaxWithAssessments: 2748.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,760 $263,600 $85,000 $178,600
2024 $2,736 $240,700 $65,000 $175,700
2023 $3,064 $236,500 $65,000 $171,500
2022 $2,572 $267,500 $75,600 $191,900
2021 $2,492 $190,900 $63,000 $127,900
2020 $2,392 $190,000 $63,000 $127,000
2019 $2,294 $172,300 $60,000 $112,300
2018 $1,980 $172,300 $60,000 $112,300
2017 $1,706 $160,500 $51,400 $109,100
2016 $1,708 $119,700 $0 $0
2015 $1,548 $109,600 $0 $0
2014 $1,548 $99,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $279,900 -6.7% $190 / Sq Ft
06/02/2025 06/02/25 For Sale $299,900 -- $204 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $158,000 --
Trustee Deed $149,900 --
Warranty Deed $136,200 --
Warranty Deed $126,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,250 FHA
Previous Owner $150,300 FHA
Source: Public Records

Similar Home in Waconia, MN

  • 8775 County Road 10 E, Waconia, MN 55387

    $325,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 8775 County Road 10 E
    • Waconia, MN

    Charming 2-bedroom, 1-bath rambler nestled on 1.78 private acres just south of Waconia. This home features steel siding, a newer roof, hardwood floors, and a spacious living room. Enjoy established perennial gardens and room to grow with an unfinished lower level. A brand-new 2-bedroom septic system will be installed by the sellers. Peaceful setting with plenty of potential!

    Kevin Butcher Edina Realty, Inc.

    Section Image

Source: NorthstarMLS

MLS Number: 6715863

NorthstarMLS

APN: 75.5030330