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.
Closed
$280,000
517 Olive St S, Waconia, MN 55387
3beds
1,470sqft
Single Family Residence
Built in 1949
7,840 Square Feet Lot
$282,400 Zestimate®
$190/sqft
$2,538 Estimated rent
Home value
$282,400
$260,000 - $308,000
$2,538/mo
Zestimate® history
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$1,717/mo
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List your homeWhat's special
Fenced yardHardwood floorsSpacious lower-level family room
Zillow last checked:
Listing updated:
Listed by:
Sheila D Richter 320-583-3870,
Hometown Realty, Inc,
Traci M Atkinson 320-260-0328
Bought with:
Sarah Bonneville
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715863
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 138.43 Square Feet
- Dimensions: 12.7x10.9
Bedroom 2
- Level: Main
- Area: 114.08 Square Feet
- Dimensions: 9.2x12.4
Bedroom 3
- Level: Basement
- Area: 94 Square Feet
- Dimensions: 9.4x10
Dining room
- Level: Main
Family room
- Level: Basement
- Area: 144.15 Square Feet
- Dimensions: 15.5x9.3
Kitchen
- Level: Main
- Area: 182.4 Square Feet
- Dimensions: 16x11.4
Living room
- Level: Main
- Area: 212.5 Square Feet
- Dimensions: 17 X 12.5
Heating
- Boiler, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: In Basement
Features
- Basement: Block,Egress Window(s),Finished,Full,Partially Finished,Storage Space,Sump Pump
Interior area
- Total structure area: 1,470
- Total interior livable area: 1,470 sqft
- Finished area above ground: 980
- Finished area below ground: 490
Property
Parking
- Total spaces: 3
- Parking features: Attached, Detached Garage, Concrete, Insulated Garage
- Attached garage spaces: 3
- Details: Garage Dimensions (25x27)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Full,Privacy,Wood
Lot
- Size: 7,840 Square Feet
- Dimensions: 50 x 157
- Features: Tree Coverage - Light
Details
- Foundation area: 980
- Parcel number: 755030330
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Waconia
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $263,600
- Annual tax amount: $2,748
- Date on market: 6/2/2025
- Cumulative days on market: 52 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $280,000+0%$190/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6715863 Report a problem | ||
| 7/24/2025 | Pending sale | $279,900$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6715863 Report a problem | ||
| 7/8/2025 | Price change | $279,900-6.7%$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6715863 Report a problem | ||
| 6/2/2025 | Listed for sale | $299,900+89.8%$204/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6715863 Report a problem | ||
| 5/1/2009 | Sold | $158,000-4.2%$107/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1256092 Report a problem | ||
| 3/14/2009 | Price change | $164,961-2.9%$112/sqft |
Source: NRT Minneapolis #3637485 Report a problem | ||
| 1/23/2009 | Listed for sale | $169,961+13.4%$116/sqft |
Source: NRT Minneapolis #3637485 Report a problem | ||
| 10/14/2004 | Sold | $149,900+18.5%$102/sqft |
Source: Public Record Report a problem | ||
| 4/27/2000 | Sold | $126,500$86/sqft |
Source: Public Record Report a problem | ||
| 12/30/1999 | Sold | $126,500$86/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,760 +0.9% | $263,600 +9.5% |
| 2024 | $2,736 -10.7% | $240,700 +1.8% |
| 2023 | $3,064 +19.1% | $236,500 -11.6% |
| 2022 | $2,572 +3.2% | $267,500 +34.6% |
| 2021 | $2,492 +4.2% | $198,700 +4.1% |
| 2020 | $2,392 +20.8% | $190,900 +0.5% |
| 2019 | $1,980 | $190,000 +18.4% |
| 2017 | $1,980 +15.9% | $160,500 +34.1% |
| 2016 | $1,708 | $119,700 +9.2% |
| 2015 | $1,708 +10.3% | $109,600 +9.9% |
| 2014 | $1,548 -3.9% | $99,700 -20.6% |
| 2013 | $1,610 -3.1% | $125,600 -0.1% |
| 2012 | $1,662 -1.7% | $125,700 -9.8% |
| 2011 | $1,690 +11.6% | $139,300 |
| 2010 | $1,514 +1.3% | -- |
| 2009 | $1,494 -10.6% | $149,700 -6.7% |
| 2008 | $1,672 | $160,400 +2.6% |
| 2007 | -- | $156,268 +2.9% |
| 2005 | -- | $151,878 +6.5% |
| 2004 | -- | $142,599 |
| 2002 | -- | -- |
| 2001 | $1,089 -6.4% | -- |
| 2000 | $1,163 | -- |
Find assessor info on the county website
Neighborhood: 55387
Nearby homes
- $314,5003 bd1 ba1.9k sqft509 S Olive St, Waconia, MN 55387Off Market
- $303,2005 bd1 ba1.6k sqft525 S Olive St, Waconia, MN 55387Off Market
- $307,2003 bd2 ba2k sqft501 S Olive St, Waconia, MN 55387Off Market
- $264,0002 bd1 ba1.3k sqft516 S Olive St, Waconia, MN 55387Sold
- $292,7002 bd1 ba1.2k sqft548 S Olive St, Waconia, MN 55387Off Market
- $289,2003 bd1 ba1.4k sqft500 S Olive St, Waconia, MN 55387Off Market
- $263,2002 bd1 ba1.3k sqft533 S Olive St, Waconia, MN 55387Off Market
- $299,0002 bd2 ba1.4k sqft524 Olive St S, Waconia, MN 55387Off Market
Nearby schools
GreatSchools rating
- 9/10Southview Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Waconia Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Waconia Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$282,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$282,400
- Minnesota
- Carver County
- Waconia
- 55387
- 517 Olive St S
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