NOT LISTED FOR SALE

2974 Pelican Point Cir Mound, MN 55364

Estimated Value: $937,000 - $1,214,000

3 Beds
2.5 Baths
3,662 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $510,000 $139 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,283/month

104 Days on Market

Highlights

  • Lake Front
  • Deck
  • Community Garden
  • Shirley Hills Primary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of January 2013

Spectacular twin home. Just move in and enjoy! Open floor plan with spacious rooms & lots of natural light. Quality appliances, granite countertops. In-house vacuum system. Epoxy floor in garage & wall of storage cabinets. Seasonal views of Lake. Dock inc

Last Agent to Sell the Property

Christine Valerius

Coldwell Banker Burnet Listed on: 09/18/2012

Last Buyer's Agent

Gary Petersen

Coldwell Banker Burnet

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,915

Year Built

  • 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Partially Fenced Property
  • Sprinkler System
  • Few Trees

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 3,662 Sq Ft Home
  • Central Vacuum
  • Woodwork
  • Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1911723310163

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal, trash

Amenities

  • Community Garden

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,915

Year Built

1996

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities: Hardwood Floors, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Fenced Yard - Partial, Inground Sprinkler System
  • Estimated Number of Acres: 0.2
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1728
  • Mechanicals: Central Vacuum, Water Softener-Rented
  • Parcel Number: 1911723310163
  • Potential Short Sale: Yes
  • Projected Closed Date: 01/04/2013
  • Taxes With Assessments: 7940
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Year Built: 1996

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x17, On Level: Main
  • Room 2: Dining Room, 19x11, On Level: Main
  • Room 3: Family Room, 40x19, On Level: Lower
  • Room 4: Kitchen, 13x15, On Level: Main
  • Room 5: Bedroom, 18x13, On Level: Main
  • Room 6: Bedroom, 15x16, On Level: Lower
  • Room 7: 17x13, On Level: Lower
  • Room 9: Rec Room, 15x10, On Level: Main
  • Room 10: Den/Office, 11x11, On Level: Main
  • Room 11: Sunroom/Solarium, 12x17, On Level: Lower
  • Room 12: Laundry Room, 7x6, On Level: Main
  • Room 13: Storage Room, 10x24, On Level: Lower
  • Room 14: Foyer, 5.5x10, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3662
  • Total Fin Square Footage: 3662

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash
  • Shared: Common Garden
  • Association Fee Frequency: Quarterly
  • Association Fee: Yes
  • Association Fee: 1100

Fee Information

  • Insurance Expense: 1100.00

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: NW49X159X7
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2013
Sold by
Schultz Gregory B
Bought by
Schultz Gregory B and Gregorey B Schultz Trust
Current Estimated Value
$1,093,061

Purchase Details

Listed on
Sep 18, 2012
Closed on
Jan 11, 2013
Sold by
Forstrom Lee A and Forstrom Nancy M
Bought by
Schultz Gregory B
Seller's Agent
Christine Valerius
Coldwell Banker Burnet
Buyer's Agent
Gary Petersen
Coldwell Banker Burnet
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Jul 17, 1998
Sold by
Boyer Building Corp
Bought by
Forstrom Lee A and Forstrom Nancy
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
Schultz Gregory B -- None Available
Schultz Gregory B -- Burnet Title
Forstrom Lee A $467,690 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Gregory B $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $510,000 -14.3% $139 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $595,000 -- $162 / 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
2023 $9,915 $867,300 $401,000 $466,300
2022 $8,682 $796,000 $356,000 $440,000
2021 $8,027 $680,000 $304,000 $376,000
2020 $8,031 $632,000 $270,000 $362,000
2019 $8,375 $599,000 $259,000 $340,000
2018 $8,201 $602,000 $245,000 $357,000
2017 $8,324 $567,000 $235,000 $332,000
2016 $8,001 $530,000 $205,000 $325,000
2015 $8,054 $530,000 $205,000 $325,000
2014 -- $504,000 $185,000 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4400233

REALTOR® Association of Southern Minnesota

APN: 19-117-23-31-0163