NOT LISTED FOR SALE

2050 Waterside Ln Mound, MN 55364

Estimated Value: $430,000 - $816,000

4 Beds
2 Baths
1,346 Sq Ft
$510/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $325,000 $241 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,543/month

33 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Docks
  • Property is near public transit
  • Hilltop Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2013

Lake Minnetonka OPPORTUNITY! Investors take note; SEPARATE entrance to lower level*EZ Maintenance*Immaculate Cottage* Expansion possibilities*Quiet Lane btw Lakeshore & Lake Home*HUGE Water Views*Spacious Lakeside Deck for entertaining*Get your Boat!!

Last Agent to Sell the Property

Rita Pederson

Coldwell Banker Burnet Listed on: 05/01/2013

Last Buyer's Agent

John Schuster

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • 80 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Deck

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1311724230022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,536

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 475
  • Construction: Previously Owned
  • Foundation Size: 1246
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1311724230022
  • Projected Closed Date: 06/18/2013
  • Road Between Waterfront And Home: Yes
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 6011
  • Comp Dev Subdiv Name: Lakeside Park Al Crocker 1st D
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, 17x12, On Level: Lower
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 10x9, On Level: Main
  • Room 8: Bedroom, 14x12, On Level: Lower
  • Room 9: Kitchen, On Level: Lower
  • Room 10: Deck, 36x13, On Level: Main
  • Room 11: Utility Room, 20x13, On Level: Lower
  • Room 12: Pantry, On Level: Lower
  • Room 13: Dining Room, On Level: Main
  • Room 14: Workshop, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 972
  • Below Grade Finished Sq Ft: 374
  • Total Fin Square Footage: 1346

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 80
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 80 FT Lake
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2013
  • Tax Value: 5536

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
Ih2 Property Illinois Lp
Total Days on Market
33
Current Estimated Value
$685,892

Purchase Details

Closed on
Jan 29, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 18, 2013
Sold by
Pederson Leeanne Leeanne
Seller's Agent
Rita Pederson
Coldwell Banker Burnet
Buyer's Agent
John Schuster
Coldwell Banker Burnet
List Price
$419,000
Sold Price
$325,000
Premium/Discount to List
-$94,000
-22.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$130,499
Interest Rate
3.34%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Ih2 Property Illinois Lp -- Os National Llc
Ih2 Property Illinois L P -- None Available
2015-1 Ih2 Borrower Lp -- Fidelity
2015-1 Ih2 Borrower Lp -- None Available
-- $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-1 Ih2 Borrower Lp $540,854,000
Previous Owner Pederson Leeanne Lynn $130,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $325,000 -22.4% $241 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $419,000 -- $311 / 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
2023 $8,536 $735,700 $555,200 $180,500
2022 $6,702 $703,000 $514,000 $189,000
2021 $6,669 $534,000 $373,000 $161,000
2020 $6,123 $529,000 $373,000 $156,000
2019 $6,133 $454,000 $306,000 $148,000
2018 $6,042 $448,000 $305,000 $143,000
2017 $6,033 $407,000 $290,000 $117,000
2016 $5,796 $377,000 $270,000 $107,000
2015 $5,864 $377,500 $270,000 $107,500
2014 -- $361,000 $275,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4469627

REALTOR® Association of Southern Minnesota

APN: 13-117-24-23-0022