Erica Severin
Coldwell Banker Realty
(612) 453-0287
11 Total Sales
1 in Mound
$380,000 Price
2128 Cedar Ln Mound, MN 55364
Mound Area
4
Beds
2
Baths
2,092
Sq Ft
0.29
Acre Lot
Highlights
- Lake View
- Deck
- Baseboard Heating
- Hilltop Primary School Rated A
- Patio
About This Home
As of May 2026Rare Lake Area Duplex – Prime Investment Opportunity Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity. Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining. 2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit. Income. Scarcity. Location. Long-term upside.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,161
Year Built
- Built in 1979
Lot Details
- Lot Dimensions are 110x120
- Chain Link Fence
- Few Trees
Parking
- 2 Car Garage
- Tuck Under Garage
Home Design
- Duplex
- Split Level Home
- Block Foundation
- Frame Construction
- Block Exterior
- Vinyl Siding
Interior Spaces
- Lake Views
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Baseboard Heating
Community Details
- 2 Units
- Abraham Lincoln Add Lake Side Park Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 1311724310075
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
Listed on
Feb 18, 2026
Closed on
May 7, 2026
Sold by
Swanson Troy and Swanson Debora R
Bought by
Seller's Agent
Robert Beutler
National Realty Guild
Buyer's Agent
Mali Ith
Edina Realty, Inc.
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$329,388
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2016
Sold by
Potas Ronald F
Bought by
Swanson Troy A and Swanson Debora R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mound, MN
-
Erica Severin
-
Jay Hancock
Jay Hancock
Coldwell Banker Realty - Southwest Regional
(612) 688-3755
207 Total Sales
1 in Mound
$425,000 Price
-
John Brekken
John Brekken
Compass
(612) 260-9322
82 Total Sales
1 in Mound
$310,000 Price
-
Joseph Halbmaier
Joseph Halbmaier
RE/MAX Advantage Plus
(952) 522-6517
21 Total Sales
1 in Mound
$267,000 Price
-
Rodney Schimmel
Rodney Schimmel
Weichert, Realtors-Integrity
(612) 662-6218
65 Total Sales
1 in Mound
$305,000 Price
-
Dave Thorp
Dave Thorp
Coldwell Banker Realty
(952) 243-2852
26 Total Sales
1 in Mound
$386,500 Price
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 |
|---|---|---|---|
| $440,000 | Clear Skye Title | ||
| Swanson Troy A | $204,000 | Custom Home Builders Title L |
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 |
|---|---|---|---|
| Open | $330,000 | ||
| Previous Owner | Swanson Troy A | $153,000 |
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 |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | Sold | $440,000 | -2.2% | $210 / Sq Ft |
| 04/10/2026 04/10/26 | Pending | -- | -- | -- |
| 03/06/2026 03/06/26 | Price Changed | $450,000 | -14.3% | $215 / Sq Ft |
| 02/21/2026 02/21/26 | For Sale | $525,000 | -- | $251 / 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 | $5,312 | $385,200 | $91,000 | $294,200 |
| 2024 | $5,161 | $383,800 | $91,000 | $292,800 |
| 2023 | $5,209 | $408,300 | $117,000 | $291,300 |
| 2022 | $4,362 | $392,000 | $114,000 | $278,000 |
| 2021 | $4,391 | $304,000 | $82,000 | $222,000 |
| 2020 | $4,191 | $305,000 | $92,000 | $213,000 |
| 2019 | $4,537 | $271,000 | $70,000 | $201,000 |
| 2018 | $3,628 | $235,000 | $45,000 | $190,000 |
| 2017 | $3,482 | $206,000 | $47,000 | $159,000 |
| 2016 | $3,147 | $179,000 | $47,000 | $132,000 |
| 2015 | $3,136 | $177,000 | $47,000 | $130,000 |
| 2014 | -- | $154,000 | $47,000 | $107,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Beutler
Seller's Agent in 2026
Robert Beutler
National Realty Guild
(612) 558-7355
44 Total Sales
-
Mali Ith
MI
Buyer's Agent in 2026
Mali Ith
Edina Realty, Inc.
(952) 447-4700
1 Total Sale
Map
Source: NorthstarMLS
MLS Number: 7020651
APN: 13-117-24-31-0075
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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