NOT LISTED FOR SALE

1406 Rest Point Rd Mound, MN 55364

Estimated Value: $974,000 - $1,398,000

3 Beds
1.5 Baths
1,380 Sq Ft
$907/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,100,000 $797 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,871/month

18 Days on Market

Highlights

  • 35 Feet of Waterfront
  • Lake View
  • No HOA
  • Hilltop Primary School Rated A
  • Deck
  • The kitchen features windows

About This Home

As of November 2021

Quiet getaway with 35 feet of level lakeshore on West Arm. Gorgeous lake views from every room. Oversized windows on main level. Beautiful finishes throughout, including hardwood floors and custom knotty alder doors. Three bedrooms up, including master with walk-in closet and ensuite half bath. Heated flooring in both bathrooms. 2-car, heated garage with built-in storage and epoxy flooring. Fantastic cabin or full-time residence. Quick access to Highway 12 and less than 10 minutes to Navarre.

Last Listed By

Drew Hueler

Coldwell Banker Realty Listed on: 10/01/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,902

Year Built

  • Built in 1975

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 35 x 172
  • 35 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Living Room
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0711723330003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,902

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 1248
  • Water Body Name: Minnetonka
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1380
  • Fireplace: No
  • Below Grade Finished Sq Ft: 132
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Mud Room, Deck
  • SqFtTotal: 2496.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: Bay, Panoramic, South
  • Lake Acres: 14729
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 35

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 500

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 35 x 172
  • Lot Size Sq Ft: 5749.92
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0711723330003
  • Tax Annual Amount: 6902
  • TaxWithAssessments: 6902.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Balthazor Michele L and Balthazor Paul J
Bought by
Starlight Trust
Total Days on Market
18
Current Estimated Value
$1,251,342

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 12, 2021
Sold by
Collins Investment Group Llc
Bought by
Balthazor Paul J and Balthazor Michele
Seller's Agent
Drew Hueler
Coldwell Banker Realty
Buyer's Agent
Jacob Stickney
Coldwell Banker Realty
List Price
$1,124,990
Sold Price
$1,100,000
Premium/Discount to List
-$24,990
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$548,250
Interest Rate
2.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2019
Closed on
May 30, 2019
Sold by
Hueler Gregory Andrew
Bought by
Collins Tara Jean and Collins Brent Richard
Seller's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$650,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2017
Sold by
Collins Tara Jean and Collins Brent Richard
Bought by
Collins Investments Group Llc

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 4, 2013
Sold by
Horn Barbara A
Bought by
Hueler Gregory Andrew
Seller's Agent
Timothy Landon
RE/MAX Advantage Plus
List Price
$464,900
Sold Price
$440,000
Premium/Discount to List
-$24,900
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$404,514
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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List Price
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
Starlight Trust $500 None Listed On Document
Balthazor Paul J $1,100,000 Trademark Title Services Inc
Collins Tara Jean $825,000 Carver Cnty Abstract & Ttl C
Collins Investments Group Llc -- None Available
Hueler Gregory Andrew $440,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balthazor Paul J $548,250
Previous Owner Collins Tara Jean $650,000
Previous Owner Hueler Gregory Andrew $159,300
Previous Owner Hueler Gregory Andrew $387,000
Previous Owner Hueler Gregory Andrew $20,000
Previous Owner Hueler Gregory Andrew $404,514
Previous Owner Horn Lester R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,100,000 0.0% $797 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/10/2021 10/10/21 Off Market $1,100,000 -- --
10/01/2021 10/01/21 For Sale $1,124,990 +36.4% $815 / Sq Ft
05/30/2019 05/30/19 Sold $825,000 -8.2% $661 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $899,000 +104.3% $720 / Sq Ft
10/25/2013 10/25/13 Sold $440,000 -5.4% $353 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $464,900 -- $373 / 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
2023 $10,797 $1,104,100 $804,600 $299,500
2022 $7,168 $905,000 $654,000 $251,000
2021 $6,902 $716,000 $545,000 $171,000
2020 $4,905 $688,000 $524,000 $164,000
2019 $4,578 $486,000 $476,000 $10,000
2018 $4,756 $451,000 $441,000 $10,000
2017 $4,814 $448,000 $441,000 $7,000
2016 $4,584 $425,000 $420,000 $5,000
2015 $5,854 $525,000 $420,000 $105,000
2014 -- $415,000 $315,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6108054

NorthstarMLS

APN: 07-117-23-33-0003