NOT LISTED FOR SALE

1125 N Arm Dr Mound, MN 55364

Estimated Value: $619,165

4 Beds
3 Baths
2,782 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $265,000 $95 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,641/month

Highlights

  • Lake View
  • Deck
  • No HOA
  • Hilltop Primary School Rated A
  • Sauna
  • Stainless Steel Appliances

About This Home

As of February 2024

Tucked away on an elevated lot with views of Lake Minnetonka's Forest Bay, this 4 bed 3 bath walkout rambler offers one-level living. Enjoy a private and peaceful setting from the spacious deck offering western views. Highlights include an updated kitchen with granite countertops and maple cabinets, living room with vaulted ceilings and gas fireplace, main level primary bedroom suite with walk-in closet, and main level laundry. The finished basement includes a family room that walks out to the backyard, two bedrooms, full bath, and sauna. Lots of storage. 2 car garage. Westonka schools!

Last Agent to Rent the Property

Andy Asbury

eXp Realty Listed on: 08/16/2023

eXp Realty

Co-Listed By

Eric Solberg

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 86x310
  • Irregular Lot
  • Few Trees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Lake Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Property Available on 2/1/24
  • Assessor Parcel Number 0711723140065

Community Details

Overview

  • No Home Owners Association
  • Skarp & Lindquists Fernhill La Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,719

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 6 Months
  • Available Date: 2024-02-01
  • Lease Price: 2995.0000
  • ApplicationFee: 40.0000
  • SecurityDeposit: 2995.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1464
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 2782
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1318
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Sauna
  • SqFtTotal: 2782.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • View: Lake
  • PatioPorchType: Deck,Front Porch
  • Lake Acres: 14729
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, No Int Access to Dwelling

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Sauna,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 86x310
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Assessor Parcel Number: 0711723140065

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Solie Iglen D and Solie Nancy
Bought by
Huisman Brian and Huisman Anne
Current Estimated Value
$619,165

Purchase Details

Listed on
Mar 23, 2013
Closed on
May 16, 2014
Sold by
Petersen Valerie Valerie
Bought by
Solie Glen Glen
Seller's Agent
David Feerhusen
RE/MAX Advantage Plus
Buyer's Agent
Carolyn Brooks
RE/MAX Advantage Plus
List Price
$379,000
Sold Price
$265,000
Premium/Discount to List
-$114,000
-30.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$265,000
Interest Rate
4.2%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huisman Brian $410,000 Titlesmart Inc
Solie Glen Glen $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solie Glen Glen $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2024 02/12/24 Rented $2,995 0.0% --
10/18/2023 10/18/23 Price Changed $2,995 -3.4% $1 / Sq Ft
09/25/2023 09/25/23 Price Changed $3,100 -4.6% $1 / Sq Ft
09/13/2023 09/13/23 Price Changed $3,250 -7.1% $1 / Sq Ft
08/16/2023 08/16/23 For Rent $3,500 0.0% --
05/16/2014 05/16/14 Sold $265,000 -30.1% $95 / Sq Ft View Prior Sale
02/12/2014 02/12/14 Pending -- -- --
03/23/2013 03/23/13 For Sale $379,000 -- $136 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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
2024 $4,719 $516,700 $160,000 $356,700
2023 $4,577 $519,700 $155,000 $364,700
2022 $3,976 $473,000 $125,000 $348,000
2021 $3,923 $423,000 $130,000 $293,000
2020 $3,997 $414,000 $126,000 $288,000
2019 $3,842 $396,000 $116,000 $280,000
2018 $3,730 $381,000 $105,000 $276,000
2017 $3,210 $307,000 $80,000 $227,000
2016 $2,837 $274,000 $70,000 $204,000
2015 $3,094 $290,000 $80,000 $210,000
2014 -- $265,000 $80,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6419199

NorthstarMLS

APN: 07-117-23-14-0065