NOT LISTED FOR SALE

1838 Commerce Blvd Mound, MN 55364

Estimated Value: $1,774,000 - $3,261,149

5 Beds
4.5 Baths
6,289 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $3,500,000 $557 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $14,460/month

40 Days on Market

Highlights

  • Lake Front
  • 59,677 Sq Ft lot
  • Loft
  • Hilltop Primary School Rated A
  • Deck
  • 3 Fireplaces

About This Home

As of June 2024

2022 custom build perfectly situated on 1 acre site overlooking Lake Minnetonka. 6,400 sq ft property includes bonus room, indoor sport court, & 5 car garage. Thoughtfully designed w/10ft ceilings, floor to ceiling windows, gourmet kitchen with walk -through pantry/kitchen support area, heated 3 season porch w/ Infiniti screen overlooking the Lake. Walkout lower level perfect for entertaining with full size pub bar, Media room, Sport court, oversized patio and new professional landscaping complete the outdoor space. Perfectly situated with scenic views of the Lake. 2022 Built-NIH Homes.

Last Agent to Sell the Property

Aaron Lowe

Compass Listed on: 04/04/2024

Compass

Last Buyer's Agent

Kristen Lervick

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,395

Year Built

  • Built in 2022

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 246x261x48x282x137
  • Lake Front

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Screened Porch
  • Home Gym

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

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

Outdoor Features

  • Sport Court
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Harrison Harbor Twinhome Association, Phone Number (952) 472-5691
  • Morse Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724230048

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,395

Year Built

Built in 2022

Lot Details

0

HOA Fees

$100 per month

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 4172
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Living Area: 6289
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2117
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Great Room, Study, Office, Screened Porch, Deck, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Bonus Room, Family Room, Exercise Room, Athletic Court

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: None
  • Phone: 952-472-5691
  • Association Fee: 100
  • Association: Yes

Association/Amenities

  • HOA Management Co: Harrison Harbor Twinhome Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 246x261x48x282x137
  • Lot Size Sq Ft: 59677.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724230048
  • Tax Annual Amount: 20395
  • TaxWithAssessments: 20395.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 17, 2024
Sold by
Steffensen Shane and Steffensen Venus
Bought by
Schneewind Katherine
Seller's Agent
Aaron Lowe
Compass
Buyer's Agent
Kristen Lervick
Keller Williams Realty Integrity Lakes
List Price
$3,500,000
Sold Price
$3,500,000
Views
47
Current Estimated Value
$2,405,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,094,284
Avg. Annual Appreciation
-21.49%

Purchase Details

Closed on
Dec 14, 2007
Sold by
Mayes Peggy L
Bought by
Sauder Tyler G and Sauder Krista A

Purchase Details

Closed on
Apr 26, 2001
Sold by
Oborsky Michael D
Bought by
Mayes Clifford A and Mayes Peggy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schneewind Katherine $3,500,000 --
Sauder Tyler G $691,000 --
Mayes Clifford A $417,500 --
Mayes Clifford A $417,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $3,500,000 0.0% $557 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $3,500,000 +530.6% $557 / Sq Ft
03/29/2012 03/29/12 Sold $555,000 -4.3% $172 / Sq Ft View Prior Sale
02/16/2012 02/16/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $579,900 -- $180 / 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 $21,512 $1,691,600 $510,000 $1,181,600
2023 $20,395 $1,690,200 $531,000 $1,159,200
2022 $9,384 $763,000 $531,000 $232,000
2021 $9,317 $745,000 $408,000 $337,000
2020 $7,554 $738,000 $408,000 $330,000
2019 $6,898 $579,000 $262,000 $317,000
2018 $6,910 $531,000 $254,000 $277,000
2017 $6,853 $496,000 $242,000 $254,000
2016 $6,640 $463,000 $236,000 $227,000
2015 $6,698 $463,000 $236,000 $227,000
2014 -- $450,000 $238,000 $212,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6511715

NorthstarMLS

APN: 13-117-24-23-0048