NOT LISTED FOR SALE

3375 Warner Ln Mound, MN 55364

Estimated Value: $1,275,000 - $1,542,000

3 Beds
1.5 Baths
2,510 Sq Ft
$579/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $440,000 $175 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $8,991/month

219 Days on Market

Highlights

  • 54 Feet of Waterfront
  • Beach
  • Vaulted Ceiling
  • Shirley Hills Primary School Rated A
  • Deck
  • Breakfast Area or Nook

About This Home

As of September 2013

Tremendous opportunity for 1 Level living near Wayzata in the lovely Kingswood neighborhood. Spacious & bright 3BR, triple gar, practically maint-free w/low mo dues, neighbrhd pool, Gleason Lake trails & Lk Minnetonka close by. Mpls is only 15 minutes

Last Agent to Sell the Property

Dick Kunz

Coldwell Banker Burnet Listed on: 02/06/2013

Last Buyer's Agent

Martin Morgan

Morgan And Trust Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,319

Year Built

  • Built in 1993

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 112x280x54
  • 54 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Walk-Out Basement
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Bathroom on Main Level

Parking

  • 4 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • Beach

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 2511724240069

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,319

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.36
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1402
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 2511724240069
  • Potential Short Sale: Yes
  • Stories: 2 Story
  • Street Designation: Lane
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Indoor Grill, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Rough In
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x10, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 16x16, On Level: Main
  • Room 4: Kitchen, 16x15, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 9: Foyer, 16x9, On Level: Main
  • Room 10: Laundry Room, 9x7, On Level: Main
  • Room 11: On Level: Lower
  • Room 12: Other, On Level: Main
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2510
  • Total Fin Square Footage: 2510

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 54
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tandem
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Swimming Beach

Lot Info

  • Estimated Lot Dimensions: 112x280x54
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2012
  • Tax Value: 8319

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2015
Sold by
Era Holdings Llc
Bought by
Olson Randy A and Olson Gretchen H
Current Estimated Value
$1,453,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$405,609
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,047,944

Purchase Details

Listed on
Feb 6, 2013
Closed on
Oct 18, 2013
Sold by
Rem Holdings Llc
Bought by
Era Holdings Llc
Seller's Agent
Dick Kunz
Coldwell Banker Burnet
Buyer's Agent
Martin Morgan
Morgan And Trust Realty
List Price
$599,900
Sold Price
$440,000
Premium/Discount to List
-$159,900
-26.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$630,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 6, 2013
Closed on
Sep 25, 2013
Sold by
The Bank Of New York Mellon
Bought by
Schroepfer Daniel A
Seller's Agent
Dick Kunz
Coldwell Banker Burnet
Buyer's Agent
Martin Morgan
Morgan And Trust Realty
List Price
$599,900
Sold Price
$440,000
Premium/Discount to List
-$159,900
-26.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 6, 2013
Closed on
Sep 16, 2013
Sold by
Schroepfer Daniel A
Bought by
Rem Holdings Llc
Seller's Agent
Dick Kunz
Coldwell Banker Burnet
Buyer's Agent
Martin Morgan
Morgan And Trust Realty
List Price
$599,900
Sold Price
$440,000
Premium/Discount to List
-$159,900
-26.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2013
Sold by
Schroepfer Daniel A and Schroepfer Katherine J V
Bought by
The Bank Of New York Mellon and The Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olson Randy A $815,000 All American Title Co Inc
Era Holdings Llc -- Land Title Inc
Schroepfer Daniel A -- Liberty Title Inc
Rem Holdings Llc $440,000 Liberty Title Inc
The Bank Of New York Mellon $776,179 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Randy A $515,000
Previous Owner Era Holdings Llc $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2013 09/16/13 Sold $440,000 -26.7% $175 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $599,900 -- $239 / 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 $16,778 $1,339,500 $694,500 $645,000
2023 $16,193 $1,360,800 $783,400 $577,400
2022 $11,794 $1,222,000 $681,000 $541,000
2021 $11,261 $913,000 $363,000 $550,000
2020 $11,620 $873,000 $343,000 $530,000
2019 $11,261 $842,000 $326,000 $516,000
2018 $11,963 $809,000 $305,000 $504,000
2017 $11,421 $767,000 $304,000 $463,000
2016 $11,232 $731,000 $280,000 $451,000
2015 $6,466 $447,000 $280,000 $167,000
2014 -- $546,000 $268,000 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4437728

REALTOR® Association of Southern Minnesota

APN: 25-117-24-24-0069