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16045 Olive St

Andover, MN 55304

2 bd 2 ba 1,776 sqft Built 2021 Lot 6,839 sqft townhomes
Most recent sale
$502,866
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2023 Sold $515,000 NorthstarMLS
Mar 1, 2022 Sold $502,866 MLS #6128435
Dec 3, 2021 Price changed $502,866 MLS #6128435
Nov 17, 2021 Listing removed $497,795 NorthstarMLS
Nov 17, 2021 Listed $497,795 MLS #6128435
Sep 16, 2021 Price changed $497,795 MLS #6022702
Jul 29, 2021 Price changed $492,795 MLS #6022702
Jul 9, 2021 Listed $487,795 MLS #6022702

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $410,000 $117,000 $527,000 $5,466
2023 $405,000 $92,000 $497,000 $4,625
2021 $13,300 $13,300 $174

Property facts

Year built
2021
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,776 sqft
Lot size
6,839 sqft
ZIP code
55304
City
Andover
Street
Olive St
Coordinates
45.26099, -93.28429

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,664
Gross rental yield
6.36%
Implied cap rate
4.13%
Trend-extrapolated value

Frequently asked questions

When did 16045 Olive St last sell?
16045 Olive St most recently sold on Mar 1, 2022 for $502,866.
What is the current tax assessment for 16045 Olive St?
The most recent total assessment for 16045 Olive St (year 2026) is $527,000 with $5,466 in property tax.
How does 16045 Olive St's assessment compare to its last sale price?
The current assessment is 4.8% above the last sale price of $502,866.
When was 16045 Olive St built?
16045 Olive St was built in 2021.
How does 16045 Olive St compare to others on Olive St?
We track 8 other properties on Olive St. Browse the list under "Other properties on Olive St" to compare beds, baths, and sale history.
What are the property facts for 16045 Olive St?
16045 Olive St is a 2 bed, 2 bath, 1,776 sqft, 6,839 sqft lot townhomes.
Is 16045 Olive St a flip candidate?
No — 16045 Olive St does not appear in our flips dataset.
Is 16045 Olive St a tax-appeal candidate?
No — 16045 Olive St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$671.9K
2026 Q4
$685.7K
ZIP 55304 — Median Price History + Forecast

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