NOT LISTED FOR SALE

4340 N Shore Dr Mound, MN 55364

Estimated Value: $719,000 - $825,972

4 Beds
3 Baths
2,800 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $315,000 $112 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,539/month

491 Days on Market

Highlights

  • Waterfront
  • 1.03 Acre Lot
  • Deck
  • Hilltop Primary School Rated A
  • Two Primary Bathrooms
  • Wood Flooring

About This Home

As of May 2012

Short sale deal of the century! Fabulous, expansive Lake View in Minnetonka neighborhood. 1 acre lot. Completely updated. Hardwood floors, formal DR & eat-in kitchen.

Last Agent to Sell the Property

Timothy Buffham

Better Homes and Gardens Real Estate All Seasons Listed on: 01/03/2011

Last Buyer's Agent

Joe Niece

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,229

Year Built

  • 1988

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 160x280
  • Waterfront
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,229

Year Built

1988

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio, Porch
  • Estimated Number of Acres: 1.03
  • Assessment Balance: 885
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1500
  • Mechanicals: Water Softener-Owned
  • Potential Short Sale: Undisclosed
  • Projected Closed Date: 05/11/2012
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 6727
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor Full Bath, Two Master Baths, Whirlpool
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 24x25, On Level: Lower
  • Room 4: Kitchen, 19x14, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Main
  • Room 6: Bedroom, 10x10, On Level: Main
  • Room 7: 10x10, On Level: Main
  • Room 8: Bedroom, 16x13, On Level: Lower
  • Room 9: Porch, 15x12, On Level: Main
  • Room 10: Great Room, 13x15, On Level: Main
  • Room 11: Deck, 12x14, On Level: Main
  • Room 12: Deck, 12x16, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1500
  • Below Grade Finished Sq Ft: 1300
  • Total Fin Square Footage: 2800

Exterior Features

  • Frontage Road: City, County
  • LakeAcres: 14652
  • Waterfront Name: Minnetonka
  • Exterior: Brick, Fiber Board, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 160x280
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Riise Jan and Sundgaard-Riise Kirsten
Bought by
Locher Lanay and Locher Madeline
Current Estimated Value
$783,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$712,213
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$71,780

Purchase Details

Closed on
Jan 31, 2013
Sold by
Bank Of America Na
Bought by
Pattison Jeffrey D and Pattison Martha

Purchase Details

Listed on
Jan 3, 2011
Closed on
May 18, 2012
Sold by
Pattison Jeffrey D and Pattison Martha V
Bought by
Sundgaard Riise Kirsten and Riise Jan
Seller's Agent
Timothy Buffham
Better Homes and Gardens Real Estate All Seasons
Buyer's Agent
Joe Niece
RE/MAX Results
List Price
$549,900
Sold Price
$315,000
Premium/Discount to List
-$234,900
-42.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$309,294
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2011
Sold by
Pattison Jeffrey D
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 28, 1998
Sold by
Seibold Tod M and Seibold Kristin L
Bought by
Pattison Jeffrey D and Pattison Martha
Source: Public Records

Range of Values:

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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
Locher Lanay $770,000 --
Pattison Jeffrey D -- Title Recording Services
Sundgaard Riise Kirsten $315,000 Excelsior Title
Bank Of America Na $792,326 --
Bank Of America Na $792,325 None Available
Pattison Jeffrey D $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locher Lanay $720,000
Previous Owner Sundgaard Riise Kirsten $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $315,000 -42.7% $113 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
01/03/2011 01/03/11 For Sale $549,900 -- $196 / 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 $5,229 $562,800 $160,000 $402,800
2023 $5,072 $566,200 $155,000 $411,200
2022 $4,427 $519,000 $125,000 $394,000
2021 $4,359 $471,000 $130,000 $341,000
2020 $4,512 $460,000 $126,000 $334,000
2019 $4,254 $447,000 $116,000 $331,000
2018 $4,150 $419,000 $105,000 $314,000
2017 $3,765 $355,000 $80,000 $275,000
2016 $4,029 $323,000 $70,000 $253,000
2015 $3,605 $333,000 $80,000 $253,000
2014 -- $300,000 $80,000 $220,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4008518

REALTOR® Association of Southern Minnesota

APN: 07-117-23-42-0039