$860,000
SOLD AUG 22, 2025

2921 Cambridge Ln Mound, MN 55364

3 Beds
1 Bath
1,370 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$628 Per Sq Ft

4% Below List Price

26 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Beach Access
  • Deck
  • Shirley Hills Primary School Rated A
  • Lake View
  • Main Floor Primary Bedroom

About This Home

As of August 2025

Big water views on Lake Minnetonka from this charming 100-year-old cottage perched on the shores of Cooks Bay. Set on a 100-foot deep by 40-foot wide lot with sandy shoreline and sweeping lake vistas, this Lake Minnetonka home offers stunning sunset views and endless lake breezes. Located on quiet and peaceful Cambridge Lane, the property also includes a second parcel (Parcel ID: 24-117-24-42-0011) across the street with a two-car garage, spacious workshop, and extra parking - ideal for storage, hobbies, or possible future expansion. Whether you're seeking a cozy lakeside getaway or the perfect location to build your dream lake home, this property delivers timeless appeal and an amazing Lake Minnetonka setting. Remodel, build new or enjoy it as-is.

Last Agent to Sell the Property

David Gooden

Dane Arthur Real Estate Agency Listed on: 06/24/2025

Last Buyer's Agent

Kyle Olson

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100x40x100
  • 40 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Garage

Interior Spaces

  • 1,370 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Basement Storage

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Wychwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411724420014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1370
  • Water Body Name: Minnetonka
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 34x34
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Storage Space, Sump Pump, Unfinished
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Wood Burning
  • Living Area: 1370
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • View: Bay, Lake, Panoramic, West
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 14205
  • Lake Bottom: Gravel,Hard,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 675
  • ParkingOpen: 1
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Washer/Dryer Hookup

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40x100x40x100
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 2411724420011
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2411724420014
  • Tax Annual Amount: 7400
  • TaxWithAssessments: 7400.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Aug 19, 2025
Sold by
Green Duane Arthur and Green Cathy A
Bought by
Eastman Anthony and Eastman Stacey
Seller's Agent
David Gooden
Dane Arthur Real Estate Agency
Buyer's Agent
Kyle Olson
Keller Williams Classic Rlty NW
List Price
$895,000
Sold Price
$860,000
Premium/Discount to List
-$35,000
-3.91%
Views
817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.90%
Original Mortgage
$688,000
Outstanding Balance
$688,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$62,086
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $860,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $860,000 -3.9% $628 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $895,000 -- $653 / 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 $7,400 $642,100 $554,400 $87,700
2023 $8,400 $749,800 $610,100 $139,700
2022 $5,883 $624,000 $496,000 $128,000
2021 $5,584 $501,000 $394,000 $107,000
2020 $5,673 $474,000 $374,000 $100,000
2019 $5,475 $448,000 $356,000 $92,000
2018 $4,973 $427,000 $332,000 $95,000
2017 $4,859 $355,000 $280,000 $75,000
2016 $4,718 $334,000 $264,000 $70,000
2015 $4,756 $334,000 $264,000 $70,000
2014 -- $311,000 $254,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6744369

NorthstarMLS

APN: 24-117-24-42-0014