NOT LISTED FOR SALE

3012 Inverness Ln Mound, MN 55364

Estimated Value: $392,000 - $481,000

3 Beds
2 Baths
1,140 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $305,000 $268 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,615/month

15 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Porch
  • Shirley Hills Primary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of July 2018

Fantastic home on the island in Mound. Close to lakes, shopping and entertainment, but set in a private setting. Well cared for 3bd/2ba home has hardwood floors, serene owner's suite, fantastic patio area, private deck and fire pit. The eat-in kitchen is perfect for morning breakfasts or preparing gourmet meals. Award winning Westonka School District. Don't miss.

Last Listed By

Matthew Jones

Edina Realty, Inc. Listed on: 06/14/2018

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,386

Year Built

  • Built in 1990

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x138x90x116
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1911723340113

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,386

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1140.00
  • Above Grade Finished Area Search: 1140.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1001.00
  • Carport Y N: No
  • Co Listing Association Office S K: 1065
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 1065
  • Listing Organization: Iowa
  • Living Area Finished: 2141.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1911723340113
  • Rental License: No
  • Stories Type: Split Entry (Bi-Level)
  • Tax Assessment Balance: 714.45
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Daylight/Lookout Windows, Drain Tiled, Egress Windows, Finished (Livable), Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Living Room
  • Dining Room Features: Kitchen/Dining Room
  • Family Room Features: 2 or More, Lower Level, Main Level
  • Bathroom Type: Full Basement, Full Master, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1001.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt Shingles
  • PoolFeatures: None
  • Fencing: Wood

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • School District: 277 - Westonka
  • School District Phone: 952-491-8001

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 80x138x90x116
  • Homestead: Yes
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Heavy
  • Lot Size Acres: 0.2300
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: BLOCK 001 PEMBROKE LOTS 4 5 AND SLY 2 FT OF LOT 3 SUBJECT TO ROAD
  • Tax Amount: 3386.00
  • Tax Year: 2018
  • Tax With Assessments: 4101.00
  • Assessor Parcel Number: 1911723340113

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 277 - Westonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 31, 2018
Sold by
Iverson Robert A
Bought by
Loechler Nicholas A and Loechler Cirstina A
Seller's Agent
Matthew Jones
Edina Realty, Inc.
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Total Days on Market
15
Current Estimated Value
$428,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,510
Avg. Annual Appreciation
4.83%
Original Mortgage
$296,296
Outstanding Balance
$261,391
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$158,589

Purchase Details

Closed on
Nov 15, 2002
Sold by
Arnston Valene Jean and Cushing Valerie J
Bought by
Iverson Robert A

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

Similar Homes in Mound, MN

  • 3011 Inverness Ln, Mound, MN 55364

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,626 Sq Ft
    • 3011 Inverness Ln
    • Mound, MN

    Charming home on a quiet cul-de-sac. Main floor open floorplan has a vaulted ceiling and wood burning fireplace with sliding glass doors to spacious private back deck nestled in the woods. The two main floor bedrooms have large walk-in closets. Owners room has separate entrance to the main bathroom. The lower level brings you to the deep two car garage, second bath, laundry and family room. This

    Shawn Robertson Lakes Sotheby's International

    Section Image
  • 4515 Manchester Rd, Mound, MN 55364

    $415,000

    • 3 Beds
    • 1.5 Baths
    • 1,736 Sq Ft
    • 4515 Manchester Rd
    • Mound, MN

    Experience the best of Phelps Island in this three bedroom, 2 bath home completely remodeled in 2024. Located just 1 block from Avon Park and a short stroll to Al & Alma's Supper Club & Charter Cruises. Wrapped in nautical dark cedar shakes this home offers seasonal views of Lake Minnetonka & an inviting, open layout. The brand new kitchen boasts butcher block countertops, enameled cabinets and a

    Kevin Butcher Edina Realty, Inc.

    Section Image
  • 4746 Manchester Rd, Mound, MN 55364

    $369,900

    • 3 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • 4746 Manchester Rd
    • Mound, MN

    Looking for a move-in ready home at an affordable price? This beautifully updated home on Phelps Island in Mound offers both convenience and charm. Over the past five years, it has undergone extensive upgrades, including a stunning kitchen remodel, updated bathrooms, new carpet, A/C, water heater, roof, solar panels, electrical, epoxy garage floors, and more! Dog owners will love the fenced

    Nicholas Jenkins RE/MAX Advantage Plus

    Section Image
  • 4446 Wilshire Blvd, Mound, MN 55364

    $459,900

    • 4 Beds
    • 2 Baths
    • 1,976 Sq Ft
    • 4446 Wilshire Blvd
    • Mound, MN

    Don't miss this meticulously cared for 4 bed/2 bath home across the street from Lake Minnetonka. Your main floor features beautiful kitchen with stone counter tops, ss appliances and walk in pantry, dining room, laundry and spacious living room with vaulted ceilings, gas fireplace and built ins. In addition find two large bedrooms including your primary suite with plenty of closet space and

    Marissa Winegarden eXp Realty

    Section Image
  • 4830 Monmouth Rd, Mound, MN 55364

    $370,000

    • 4 Beds
    • 2 Baths
    • 1,722 Sq Ft
    • 4830 Monmouth Rd
    • Mound, MN

    Attention first-time home buyers! This listing is brought to you by The Twin Cities Habitat for Humanity.Significant down payment assistance is available to qualified buyers—restrictions apply. Interestedbuyers must meet an income restriction of up to 100% of the area median income. Come see your first hometoday! This wonderfully updated home awaits the right buyer. Gorgeously updated kitchen

    Bryan VantHof RE/MAX Advantage Plus

    Section Image
  • 4876 Bartlett Blvd, Mound, MN 55364

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 4876 Bartlett Blvd
    • Mound, MN

    Discover your dream home with beautiful, seasonal lake views of Seton Bay and situated in the top-tier Westonka School District. This charming 1,800 sqft 3-bedroom, 2-bathroom home is sitting on a large lot with mature trees. It boasts fresh paint inside and out. Enjoy the elegant kitchen with stainless steel appliances, quartz counters, and tiled backsplash. This home offers both a large eat in

    David Gasta Real Broker, LLC

    Section Image
  • 2522 Lost Lake Rd, Mound, MN 55364

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,864 Sq Ft
    • 2522 Lost Lake Rd
    • Mound, MN

    Welcome to a rare gem near Lake Minnetonka—a one-owner, thoughtfully designed home blending warmth, function, and style in a peaceful cul-de-sac setting.Built in 1993 and lovingly cared for, this home features hardwood and stone floors and incorporates universal design principles to support ease of living for all ages and abilities. Whether you're hosting family gatherings, aging in place, or

    Sarah Bergstrom Edina Realty, Inc.

    Section Image
  • 1725 Resthaven Ln, Mound, MN 55364

    $484,900

    • 4 Beds
    • 3 Baths
    • 2,284 Sq Ft
    • 1725 Resthaven Ln
    • Mound, MN

    180 degree views of Lake Minnetonka! Welcome to 1725 Restaven Lane in Mound, a walkout rambler located on a double lot! Absolutely nothing skipped in this home, the lake life awaits! Features 4 beds, 3 baths, 2,284 TFSF plus a detached 2 car garage on a 0.29 acre lot! Main floor greets you with bright natural light, vaulted ceilings, solid White Oak hardwood floors, stunning detail work & open

    Sara Melby Thomas eXp Realty

    Section Image
  • 1659 Heron Ln, Mound, MN 55364

    $390,000

    • 5 Beds
    • 2 Baths
    • 1,741 Sq Ft
    • 1659 Heron Ln
    • Mound, MN

    Fabulous Mound Three Points location with easy Lake Minnetonka access, two parks, two boat launches, and neighborhood beach nearby. Home is beautifully updated throughout with open gathering areas flooded with natural light. The living room features large, bayed window with cozy window seat, and gorgeous hard flooring. Stunning kitchen & dining spaces boast attractive cabinetry & built-in wine

    Janet Boschwitz Edina Realty, Inc.

    Section Image

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
Loechler Nicholas A $305,000 Liberty Title Inc
Iverson Robert A $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loechler Nicholas A $296,296
Previous Owner Iverson Robert A $194,345
Previous Owner Iverson Robert A $23,000
Previous Owner Iverson Robert A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $305,000 +1.7% $268 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $300,000 -- $263 / 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
2023 $4,087 $393,600 $94,600 $299,000
2022 $3,541 $382,000 $94,000 $288,000
2021 $3,452 $310,000 $61,000 $249,000
2020 $3,451 $302,000 $63,000 $239,000
2019 $3,300 $283,000 $51,000 $232,000
2018 $4,101 $269,000 $50,000 $219,000
2017 $3,702 $259,000 $58,000 $201,000
2016 $3,481 $236,000 $55,000 $181,000
2015 $3,496 $230,000 $49,000 $181,000
2014 -- $200,000 $40,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: NST4967414

NorthstarMLS

APN: 19-117-23-34-0113