NOT LISTED FOR SALE

350 N Arm Ln Mound, MN 55364

Estimated Value: $1,835,000 - $2,108,000

4 Beds
4.5 Baths
5,224 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2023

Last sale price $1,750,000 $335 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,601 / mo

45 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Multiple Garages
  • Property fronts a channel
  • Hilltop Primary School Rated A
  • 194,147 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of September 2023

Acreage & lakefront - a rare opportunity! Nestled on over 4.4 acres, this updated Orono home features 200' of channel lakeshore on North Arm Bay. Home highlights include a gourmet kitchen with center island, vaulted great room, main floor office, two deck spaces and 4 garage spaces (three car upper stalls and one lower stall). 4 bedrooms on the upper level include a junior suite and a spacious primary suite with fireplace, vaulted ceiling, built ins, and private bath featuring a whirlpool bath, walk in shower and dual sink vanity. Walk into the mud room from the garage or front yard to find built in lockers and fresh board and batten on the walls. SO many updates including new roof in 2021, Marvin Integrity windows in 2019, HVAC 2019 & 2020, LP Smart Side siding 2019, composite decking 2020, kitchen appliances 2019, water softener and filtration system 2019 & 2020. Additional highlights in the supplement. This opportunity awaits you only due to sellers job relocation - don't miss it!

Last Agent to Sell the Property

Gina Dumas

RE/MAX Results Listed on: 06/29/2023

RE/MAX Results

Last Buyer's Agent

Adam Benedict

Re/Max Advantage Plus

Re/Max Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,776

Year Built

  • Built in 1993

Lot Details

  • 4.46 Acre Lot
  • Property fronts a channel
  • 200 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Bonus Room
  • Home Gym

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System
  • Private Water Source
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0611723240014

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,776

Year Built

Built in 1993

Lot Details

4.46 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Private, Well
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 4228
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Water Filtration System, Microwave, Range, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Primary Bedroom
  • Living Area: 5224
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 996
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Great Room, Informal Dining Room, Office, Exercise Room, Garage, Bonus Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • View: East, South
  • PatioPorchType: Composite Decking,Deck
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 200

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Tuckunder Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Other,Panoramic View,Satelite Dish,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 226(LF),1010,74,144..
  • Lot Size Sq Ft: 194146.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0611723240014
  • Tax Annual Amount: 13776
  • TaxWithAssessments: 13776.2600

Multi Family

  • WaterfrontFeatures: Channel Shore, Lake Front, Other

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 21, 2023
Sold by
Bought by
Seller's Agent
Gina Dumas
RE/MAX Results
Buyer's Agent
Adam Benedict
Re/Max Advantage Plus
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Views
59
Current Estimated Value
$2,021,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,864
Avg. Annual Appreciation
4.17%
Original Mortgage
$925,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Interest Rate
0.0438%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 Edgewater Title Group
$1,900,000 --
$6,460 None Listed On Document
$985,000 Burnet Title
$1,250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $471,200
Closed $636,000
Closed $925,000
Closed $1,200,000
Closed $880,000
Closed $112,000
Closed $788,000
Closed $98,500
Closed $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $1,750,000 -2.5% $335 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,795,000 -10.0% $344 / Sq Ft
07/06/2023 07/06/23 For Sale $1,995,000 -- $382 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $20,160 $1,878,200 $724,500 $1,153,700
2024 $18,281 $1,743,300 $724,500 $1,018,800
2023 $20,289 $1,995,900 $750,500 $1,245,400
2022 $12,127 $1,457,000 $648,000 $809,000
2021 $11,589 $1,150,000 $473,000 $677,000
2020 $11,602 $1,095,000 $450,000 $645,000
2019 $12,814 $1,035,000 $405,000 $630,000
2018 $12,428 $1,054,000 $473,000 $581,000
2017 $12,417 $982,000 $473,000 $509,000
2016 $12,103 $948,000 $482,000 $466,000
2015 $12,213 $939,000 $473,000 $466,000
2014 -- $942,000 $473,000 $469,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6387543

NorthstarMLS

APN: 06-117-23-24-0014

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