NOT LISTED FOR SALE

1585 Gull Ln Mound, MN 55364

Mound Area
4 Beds
2 Baths
1,968 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: October 8, 2024

Last sale price $530,000 $269 Per Sq Ft

10 Days on Market

Highlights

  • Lake View
  • 2 Car Attached Garage
  • Patio

About This Home

As of October 2024

Check out this renovated duplex just steps from Lake Minnetonka! This gem is a perfect investment property or an opportunity to live in one unit while letting the other pay your mortgage. Both kitchens were updated in 2022 with new cabinetry, granite, and quartz countertops, plus tile flooring. The bathrooms were fully renovated with new tile flooring, vanities, tubs, and marble tile. Enjoy brand new laminate flooring. The property features new windows and sliding glass doors in 2022, a new roof in 2021, and new Hardy siding in 2022. Plus, there's a concrete driveway and a patio with stunning views of Lake Minnetonka. Located within walking distance to parks, bus lines, and beaches, this property is also eligible for the dock program through city of Mound. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Brittney Shull

Engel & Volkers Lake Minnetonka Brokerage Phone: 763-202-9130 Listed on: 08/05/2024

Engel & Volkers Lake Minnetonka

Co-Listed By

Autumn Stamson

Engel & Volkers Lake Minnetonka Brokerage Phone: 763-202-9130

Last Buyer's Agent

Karna Young Ferguson

Edina Realty, Inc.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 80x80
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Gravity Heating System
  • Boiler Heating System

Community Details

  • 2 Units
  • Woodland Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724120108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,086

Year Built

Built in 1954

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1968
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-202-9130
  • Attribution Contact: 763-202-9130
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 1968
  • Basement YN: No

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Patio
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Boiler, Gravity
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Number of Ranges: Two

Schools

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

Lot Info

  • Waterfront YN: No
  • Lot Size: 80x80
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724120108
  • Tax Annual Amount: 5086
  • TaxWithAssessments: 5086.0000

Multi Family

  • WaterfrontFeatures: Lake View
  • Number Of Refrigerators: Two

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2026
Sold by
Bought by

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Brittney Shull
Engel & Volkers Lake Minnetonka
Buyer's Agent
Karna Young Ferguson
Edina Realty, Inc.
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 10, 2024
Sold by
Bought by
Seller's Agent
Brittney Shull
Engel & Volkers Lake Minnetonka
Buyer's Agent
Karna Young Ferguson
Edina Realty, Inc.
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,375
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500 None Listed On Document
$530,000 --
$530,000 All American Title
$325,000 Title One Inc
-- None Available
$264,500 Title Mark
$148,688 Title Mark
$242,187 Attorney
$225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $397,500
Previous Owner $407,000
Previous Owner $38,075
Previous Owner $319,113
Previous Owner $198,375
Previous Owner $25,000
Previous Owner $185,000
Previous Owner $12,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $530,000 -3.6% $269 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $550,000 -- $279 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,146 $445,700 $91,000 $354,700
2024 $4,289 $400,000 $91,000 $309,000
2023 $6,895 $436,700 $130,000 $306,700
2022 $4,692 $422,000 $127,000 $295,000
2021 $4,622 $327,000 $91,000 $236,000
2020 $4,608 $321,000 $92,000 $229,000
2019 $2,559 $298,000 $70,000 $228,000
2018 $2,783 $163,000 $45,000 $118,000
2017 $4,337 $153,000 $47,000 $106,000
2016 $4,178 $138,000 $47,000 $91,000
2015 $3,726 $127,000 $47,000 $80,000
2014 -- $111,000 $47,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6582313

NorthstarMLS

APN: 13-117-24-12-0108

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