NOT LISTED FOR SALE

2873 Cambridge Ln Mound, MN 55364

Mound Area

Estimated Value: $2,039,850

4 Beds
4.5 Baths
5,060 Sq Ft
$403/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2023

Last sale price $1,810,000 $358 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,818 / mo

105 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Deck
  • Recreation Room
  • Media Room
  • Family Room with Fireplace
  • Radiant Floor

About This Home

As of December 2023

Nestled on Lake Minnetonka, this architecturally stunning home seamlessly integrates with the lake's natural beauty. With captivating west-facing windows, every room offers breathtaking views of Cooks Bay, immersing you in year-round allure. The gourmet kitchen features a grand island, ample cabinetry, walk-in pantry, and indoor grill for culinary creativity. A versatile main floor bedroom suites guests or a home office. The luxurious owner's suite boasts a lavish private bath; whirlpool tub, walk-in shower, laundry, and serene sitting room. An upper-level bedroom with en-suite bath ensures comfort. The finished walkout lower level showcases lake views and includes a bedroom, gas fireplace media room and a 3/4 bath. A mother-in-law kitchen and laundry offer convenience. With attached 3-car and heated detached 2-car garages, your storage and workshop needs are met. Live in architectural amidst Lake Minnetonka's changing beauty for a dream lakefront lifestyle.

Last Agent to Sell the Property

Mark Geier

Coldwell Banker Realty Brokerage Phone: 763-670-8100 Listed on: 08/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Kurt Nowacki

RE/MAX Results

RE/MAX Results
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,608

Year Built

  • Built in 2008

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 95x100x80x100
  • 95 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Combination Dining and Living Room
  • Media Room
  • Recreation Room
  • Radiant Floor

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Wychwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411724420016

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,608

Year Built

Built in 2008

Lot Details

8,276 Sq Ft Lot

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 3045
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Attribution Contact: 763-670-8100
  • Attribution Contact: 763-670-8100
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Indoor Grill, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Living Room
  • Living Area: 5060
  • Below Grade Finished Sq Ft: 2015
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room, Media Room, Recreation Room, Deck

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, Panoramic, West
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 95

Garage/Parking

  • Parking Features: Attached Garage, Detached

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Natural Woodwork,Panoramic View,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 95x100x80x100
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2411724420016
  • Tax Annual Amount: 15608
  • TaxWithAssessments: 15608.0000

Multi Family

  • WaterfrontFeatures: Lake Front

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
Aug 2, 2023
Closed on
Dec 12, 2023
Sold by
Bought by
Seller's Agent
Mark Geier
Coldwell Banker Realty
Buyer's Agent
Kurt Nowacki
RE/MAX Results
List Price
$1,995,000
Sold Price
$1,810,000
Premium/Discount to List
-$185,000
-9.27%
Views
406
Current Estimated Value
$2,039,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,850
Avg. Annual Appreciation
4.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mound, MN

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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
$1,810,000 --
$1,810,000 Burnet Title
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 $1,853,794
Previous Owner $382,500
Previous Owner $415,000
Previous Owner $360,000
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
12/12/2023 12/12/23 Sold $1,810,000 -4.5% $358 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $1,895,000 -5.0% $375 / Sq Ft
08/02/2023 08/02/23 For Sale $1,995,000 -- $394 / 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 $23,908 $1,825,800 $933,800 $892,000
2024 $23,069 $1,772,500 $953,600 $818,900
2023 $19,493 $1,578,300 $1,049,300 $529,000
2022 $14,614 $1,341,000 $853,000 $488,000
2021 $14,109 $1,070,000 $655,000 $415,000
2020 $14,348 $1,030,000 $621,000 $409,000
2019 $13,900 $979,000 $591,000 $388,000
2018 $13,342 $937,000 $552,000 $385,000
2017 $13,513 $855,000 $466,000 $389,000
2016 $13,120 $807,000 $446,000 $361,000
2015 $13,173 $807,000 $446,000 $361,000
2014 -- $763,000 $423,000 $340,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6411753

NorthstarMLS

APN: 24-117-24-42-0016

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