NOT LISTED FOR SALE

2017 Arbor Ln Mound, MN 55364

Estimated Value: $1,600,000 - $1,846,000

3 Beds
2.5 Baths
3,020 Sq Ft
$560/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $1,570,000 $520 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,326/month

7 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Radiant Floor
  • No HOA
  • Hilltop Primary School Rated A
  • Bonus Room
  • Den

About This Home

As of April 2023

Beach house on Lake Minnetonka! Open main level with center-island kitchen and great room w/ cut stone fireplace. Walk out to the spacious patio, level lawn and long sunset views of Harrison Bay. Endless coastal-style detail throughout including hardwood floors, coffered ceilings, enameled millwork, custom cabinets, and unique window designs. Second floor features lakeside primary bedroom with luxury bath and large walk-in closet. Second and third bedrooms adjacent to full bath, laundry room and bonus room featuring vaulted ceilings and an architectural beam/turret design. Two-car garage with additional lakeside garage door. Unfinished basement with lots of room for storage. Minutes to restaurants, brewery, shopping, Dakota Rail trail and local parks. Award-winning Westonka Schools.

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Realty Brokerage Phone: 612-719-4477 Listed on: 02/14/2023

Coldwell Banker Realty

Last Buyer's Agent

Lynn Reiners

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,597

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40 x 153
  • 40 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shake Siding

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Radiant Floor

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Skarp & Lindquists Ravenswood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724410002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,597

Year Built

Built in 1920

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3020
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-719-4477
  • Attribution Contact: 612-719-4477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Water Osmosis System, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Living Room
  • Living Area: 3020
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Den, Bonus Room, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shake, Age 8 Years or Less
  • View: Lake, North, West
  • LakeChain: N
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener

Utilities

  • Heating: Baseboard, Hot Water, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Panoramic View,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40 x 153
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1311724410002
  • Tax Annual Amount: 12597
  • TaxWithAssessments: 12597.9400

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 18, 2023
Sold by
Kappes Mary Ellen
Bought by
Richard Jodi Lynn
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Lynn Reiners
Compass
List Price
$1,499,000
Sold Price
$1,570,000
Premium/Discount to List
$71,000
4.74%
Views
12
Current Estimated Value
$1,691,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,481
Avg. Annual Appreciation
2.82%
Original Mortgage
$1,256,000
Outstanding Balance
$1,225,046
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$466,435

Purchase Details

Closed on
Oct 16, 2019
Sold by
Scher Linda J and Scher Howard D
Bought by
Kappes Mary Ellen

Purchase Details

Closed on
Jun 28, 1999
Sold by
Janish David M
Bought by
Fabick Donald T and Fabick Dene D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richard Jodi Lynn $1,570,000 Burnet Title
Kappes Mary Ellen $995,000 Executive Title Services
Fabick Donald T $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Jodi Lynn $1,256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $1,570,000 0.0% $520 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/15/2023 02/15/23 Off Market $1,570,000 -- --
02/14/2023 02/14/23 For Sale $1,499,000 -- $496 / 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 $17,874 $1,421,000 $762,000 $659,000
2023 $16,188 $1,360,400 $720,200 $640,200
2022 $12,598 $1,215,000 $698,000 $517,000
2021 $12,067 $969,000 $537,000 $432,000
2020 $9,657 $929,000 $513,000 $416,000
2019 $9,801 $715,000 $385,000 $330,000
2018 $12,708 $716,000 $385,000 $331,000
2017 $12,537 $833,000 $373,000 $460,000
2016 $11,108 $724,000 $264,000 $460,000
2015 $11,201 $724,000 $264,000 $460,000
2014 -- $702,000 $264,000 $438,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6330922

NorthstarMLS

APN: 13-117-24-41-0002