NOT LISTED FOR SALE

2950 Highland Ct Mound, MN 55364

Estimated Value: $1,318,000 - $1,662,000

3 Beds
3.5 Baths
3,260 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $615,000 $189 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $9,297/month

156 Days on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • Shirley Hills Primary School Rated A
  • Property is near public transit
  • 5-minute walk to Surfside Park

About This Home

As of October 2012

Nicely renovated lakehome/cottage with great views over Cooks Bay.Area of newer comparable homes.Large canopy dock, tram plus stairs to lake.Home features granite,hdwd,stainless app.Lakeside owner suite w/great bath,WI closet,4th BR option w/o level.

Last Agent to Sell the Property

Robert Ritter

RE/MAX Results Listed on: 04/11/2012

Last Buyer's Agent

Anthony Sarenpa

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,140

Year Built

  • 1987

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Electric Fence
  • Irregular Lot
  • Few Trees

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2311724410031

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,140

Year Built

1987

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Natural Woodwork, Security System, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Shared, Electric Fenced, Patio
  • Estimated Number of Acres: 0.28
  • Construction: Previously Owned
  • Foundation Size: 1812
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 2311724410031
  • Projected Closed Date: 10/12/2012
  • Stories: 2 Story
  • Taxes With Assessments: 10406
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Basement, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x15, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 25x19, On Level: Lower
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 19x16, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 9: Dining Room, 9x8, On Level: Main
  • Room 10: Laundry Room, 11x8, On Level: Main
  • Room 11: Other, 14x11, On Level: Upper
  • Room 12: Den/Office, 13x12, On Level: Lower
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2650
  • Below Grade Finished Sq Ft: 610
  • Total Fin Square Footage: 3260

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 375

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Cul De Sac, Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
Sep 24, 2012
Sold by
Klaus L George
Bought by
Espenson George M and Espenson Bao Chau
Seller's Agent
Robert Ritter
RE/MAX Results
Buyer's Agent
Anthony Sarenpa
Keller Williams Premier Realty
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Current Estimated Value
$1,478,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,428
Avg. Annual Appreciation
6.99%
Original Mortgage
$105,750
Outstanding Balance
$73,626
Interest Rate
3.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,404,802

Purchase Details

Closed on
Jun 27, 2007
Sold by
Decatur Steven L and Decatur Mary J
Bought by
L George Klaus Trust and Klaus Lauri A

Purchase Details

Closed on
Aug 1, 2003
Sold by
Paste Lawrence R and Paste Jill N
Bought by
Decator Steven L and Decator Mary J
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Espenson George M $615,000 Home Title
L George Klaus Trust $900,000 --
Decator Steven L $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espenson George M $105,750
Open Espenson George M $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $615,000 -8.9% $189 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $675,000 -- $207 / 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
2024 $17,140 $1,366,400 $822,100 $544,300
2023 $14,043 $1,192,200 $680,700 $511,500
2022 $10,733 $1,108,000 $674,000 $434,000
2021 $11,002 $839,000 $459,000 $380,000
2020 $10,321 $855,000 $482,000 $373,000
2019 $9,409 $758,000 $402,000 $356,000
2018 $8,599 $691,000 $311,000 $380,000
2017 $8,751 $609,000 $245,000 $364,000
2016 $8,631 $583,000 $235,000 $348,000
2015 $8,704 $583,000 $235,000 $348,000
2014 -- $548,000 $230,000 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4119085

REALTOR® Association of Southern Minnesota

APN: 23-117-24-41-0031