NOT LISTED FOR SALE

2921 Cambridge Ln Mound, MN 55364

Mound Area

Estimated Value: $729,000 - $937,000

3 Beds
1 Bath
1,370 Sq Ft
$631/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2025

Last sale price $860,000 $628 Per Sq Ft

Current estimated payment $5,397 / mo

26 Days on Market

Highlights

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

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 40x100x40x100
  • 40 Feet of Waterfront
  • Lake Front
  • Few Trees
  • Additional Parcels
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Dining Room
  • Lower Floor Utility 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
  • Docks
  • Deck

Utilities

  • No Cooling
  • 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

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1370
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • 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

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • View: Bay, Lake, Panoramic, West
  • Foundation Details: Block
  • Other Structures: Garage(s)
  • PatioPorchType: Deck
  • Lake Bottom: Gravel, Hard, Excellent Sand
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Detached Garage, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Washer Hookup
  • 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
  • SchoolDistrictPhone: 9524918001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40x100x40x100
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

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

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

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
Jun 24, 2025
Closed on
Aug 19, 2025
Sold by
Green Duane Arthur and Green Cathy A
Bought by
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
Current Estimated Value
$863,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,843
Avg. Annual Appreciation
0.43%
Original Mortgage
$688,000
Outstanding Balance
$682,881
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$180,962
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
$860,000 First American Title Insurance
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 $688,000
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
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

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 $7,852 $661,400 $543,000 $118,400
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

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Map

Source: NorthstarMLS

MLS Number: 6744369

NorthstarMLS

APN: 24-117-24-42-0014

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