NOT LISTED FOR SALE

1842 Commerce Blvd Mound, MN 55364

Estimated Value: $770,000 - $1,219,000

6 Beds
3.5 Baths
4,299 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $460,000 $107 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,187/month

510 Days on Market

Highlights

  • Lake Front
  • Spa
  • Deck
  • Hilltop Primary School Rated A
  • 0.6 Acre Lot
  • Vaulted Ceiling

About This Home

As of May 2012

Wonderful Lake home W/6 BR, 4 BA, 5 Gar, 2 Kitchens, 2 laundries, 2 Family Rooms. Serene tranquil setting on Harrison Bay, w/Dock. Wonderful lake views from almost every room. STunning inside and out, ready to move in. Only 15 min on Hwy 12 to 494.

Last Agent to Sell the Property

Lynette Hoffman

Luke Team Real Estate Listed on: 12/28/2010

Last Buyer's Agent

Michael Thompson

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Year Built

  • 1988

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1311724230050

Home Details

Home Type

Single Family

Year Built

1988

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hot Tub, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Driveway - Shared, Hot Tub, Patio
  • Estimated Number of Acres: 0.6
  • Construction: Previously Owned
  • Foundation Size: 1576
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1311724230050
  • Potential Short Sale: Yes
  • Stories: 2 Story
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master, Whirlpool
  • Total Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 18x17, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 15x14, On Level: Main
  • Room 4: Kitchen, 16x15, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 18x14, On Level: Upper
  • Room 7: 14x14, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Bedroom, 17x15, On Level: Lower
  • Room 10: Bedroom, 12x11, On Level: Lower
  • Room 11: Rec Room, 30x15, On Level: Lower
  • Room 12: Kitchen, 12x12, On Level: Lower
  • Room 13: Deck, 38x20, On Level: Main
  • Room 14: Patio, 42x24, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2737
  • Below Grade Finished Sq Ft: 1562
  • Total Fin Square Footage: 4299

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Gussert William C
Bought by
Richards Joseph Ryan and Richards Jocelyn Louise
Current Estimated Value
$1,004,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,920
Outstanding Balance
$490,386
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$513,735

Purchase Details

Listed on
Dec 28, 2010
Closed on
May 25, 2012
Sold by
Miller Arlis
Bought by
Gussert William C and Walters Deanna L
Seller's Agent
Lynette Hoffman
Luke Team Real Estate
Buyer's Agent
Michael Thompson
RE/MAX Advantage Plus
List Price
$650,000
Sold Price
$460,000
Premium/Discount to List
-$190,000
-29.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$368,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2000
Sold by
Crane John M and Crane Jacqueline D
Bought by
Miller Arlis C
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
Richards Joseph Ryan $699,900 Stewart Title Company
Gussert William C $460,000 Excelsior Title
Miller Arlis C $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Joseph Ryan $559,920
Previous Owner Gussert William C $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $460,000 -29.2% $107 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
12/28/2010 12/28/10 For Sale $650,000 -- $151 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $11,248 $928,200 $300,000 $628,200
2023 $10,728 $932,400 $354,000 $578,400
2022 $8,594 $862,000 $354,000 $508,000
2021 $8,568 $690,000 $272,000 $418,000
2020 $7,105 $686,000 $272,000 $414,000
2019 $6,756 $550,000 $154,000 $396,000
2018 $6,960 $522,000 $149,000 $373,000
2017 $6,908 $500,000 $142,000 $358,000
2016 $6,913 $482,000 $138,000 $344,000
2015 $6,972 $482,000 $138,000 $344,000
2014 -- $473,000 $140,000 $333,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynette Hoffman

    Luke Team Real Estate

  • M

    Buyer's Agent in 2012

    Michael Thompson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4007681

REALTOR® Association of Southern Minnesota

APN: 13-117-24-23-0050

Minnesota Hennepin County Mound 55364

1842 Commerce Blvd, Mound, MN

Not Listed for Sale

Detached

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