$2,500,000
SOLD FEB 28, 2025

3028 Pelican Point Cir Mound, MN 55364

3 Beds
2.5 Baths
3,424 Sq Ft
$848/mo HOA Fee

Recently Sold

$730 Per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Lake View
  • Shirley Hills Primary School Rated A
  • Dock Facilities
  • Family Room with Fireplace

About This Home

As of February 2025

SOLD BEFORE PRINT. Extraordinary Pelican Point end-unit townhome. Sweeping southerly views of Lake Minnetonka. New whole home luxurious major renovation by current owner -including high end kitchen, new primary bath, opening of walls and moving fireplaces to perfect the flow and views. Many new windows, new maintenance free decking and so much more. New exterior siding project completed (entire association) and assessment paid in full. Easy main level living includes primary suite, laundry, center-island kitchen, open concept living and dining rooms with vaulted ceiling and direct access to spacious main level deck overlooking newly landscaped yard and Lake Minnetonka. Oversized heated attached garage with third stall for golf cart and separate utility stairway to lower level workshop with a huge storage room. Finished lower level walkout with family room, beverage station extra bedrooms, and bath. Extensive landscaping project by current owner provides lake views, lakeside fire pit and thoughtfully selected plantings. Highly coveted canopied boat slip option through association for annual fee. Shared amenities include a boat house, picnic area, golf cart paths and beautiful well kept grounds as well as optional social gatherings. Truly a unique offering - both on the lake and in this development - not only is everything perfectly remodeled with a high finish level - this unit's site allows for unmatched privacy and views - living like a single family home - within a coveted turn key community.

Last Agent to Sell the Property

Lori Schneck

Coldwell Banker Realty Brokerage Phone: 612-868-4230 Listed on: 02/09/2025

Coldwell Banker Realty

Co-Listed By

Elisabeth Lucas

Coldwell Banker Realty Brokerage Phone: 612-868-4230

Last Buyer's Agent

Gregg Larsen

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,280

Year Built

  • Built in 1995

HOA Fees

  • $848 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Dock Facilities

Additional Features

  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1911723310143

Community Details

Overview

  • Association fees include maintenance structure, dock, hazard insurance, lawn care, ground maintenance, shared amenities
  • Multiventure Properties Association, Phone Number (952) 920-9388
  • Pelican Point Subdivision

Recreation

  • Waterfront Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,280

Year Built

Built in 1995

Lot Details

0

HOA Fees

$848 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Boat Slip, Dock
  • Fee Frequency: Quarterly
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 1902
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-868-4230
  • Attribution Contact: 612-868-4230
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Egress Window(s), Finished, Partially Finished, Storage Space, Walkout
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3424
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1522
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • View: Lake, Panoramic, South
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Composite Decking,Deck,Porch,Rear Porch
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Storage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Shared Amenities
  • Phone: 952-920-9388
  • Association Fee: 2544
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Panoramic View,Boat Slip,Vaulted Ceiling(s)

Association/Amenities

  • HOA Management Co: Multiventure Properties

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1911723310143
  • Tax Annual Amount: 18280
  • TaxWithAssessments: 18280.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Steven Thompson Revocable Trust and Thompson Steven
Bought by
James S Paletz Revocable Trust and Esther S Paletz Revocable Trust
Current Estimated Value
$1,757,504

Purchase Details

Closed on
Apr 20, 2021
Sold by
Olsten Jann L and Olsteen Renee C
Bought by
Frey Ronald and Thompson Steven

Purchase Details

Closed on
Jun 28, 1999
Sold by
Jacobson Terry R and Jacobson Susan S
Bought by
Olsten Renee C and Olsten Jann L

Purchase Details

Closed on
Feb 24, 1995
Sold by
Boyer Building C
Bought by
Jacobson Terry R and Jacobson Susan A
Source: Public Records

Similar Home in Mound, MN

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    • 3 Beds
    • 2.5 Baths
    • 3,211 Sq Ft
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    Judy Pletcher Lakes Area Realty

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Range of Values:

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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
Deed $1,250,000 None Listed On Document
Deed $1,250,000 None Listed On Document
Warranty Deed $1,395,000 Watermark Title Agency
Warranty Deed $640,000 --
Warranty Deed $525,313 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 New Conventional
Previous Owner $539,000 Adjustable Rate Mortgage/ARM
Previous Owner $576,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $2,500,000 0.0% $730 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $2,500,000 -- $730 / 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 $18,280 $1,524,400 $941,500 $582,900
2022 $15,066 $1,447,000 $881,000 $566,000
2021 $13,363 $1,141,000 $722,000 $419,000
2020 $14,373 $1,019,000 $611,000 $408,000
2019 $11,073 $1,020,000 $650,000 $370,000
2018 $10,903 $797,000 $439,000 $358,000
2017 $10,660 $722,000 $405,000 $317,000
2016 $10,318 $679,000 $390,000 $289,000
2015 $10,404 $679,000 $390,000 $289,000
2014 -- $630,000 $350,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6607193

NorthstarMLS

APN: 19-117-23-31-0143