$1,525,000
SOLD JUN 11, 2025

4485 N Shore Dr Mound, MN 55364

2 Beds
2.5 Baths
1,760 Sq Ft
0.6 Acres

Recently Sold

$866 Per Sq Ft

15% Below List Price

138 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Beach Access
  • No HOA
  • Hilltop Primary School Rated A
  • Living Room with Fireplace
  • The kitchen features windows

About This Home

As of June 2025

Highly sought after Lake Minnetonka location. Over .6 acres of South East facing views with gradual sloping lot. 75ft of lakeshore on North shore of West Arm and hard to find 500+ sq ft lakeside cottage. Minor TLC needed to make this 1br, 1bath year round cottage a beachside gathering spot. Current owner has updated the main 2 story home over the past 25 years. Upper level master suite with beautiful lake views, large 2nd floor laundry room and 2nd floor bedroom. Open floor plan on main level with kitchen updates and gas fireplace. Basement is unfinished with 2 egress windows for future bedrooms and wood burning fireplace. New furnace and central air 2 years ago. Home is in great condition and well maintained. Main value is in the hard to find gradual sloping lot with South Eastviews of West Arm and rare lakeside cottage.

Last Agent to Sell the Property

Patrick Kaveney

Bayshore Realty Listed on: 10/02/2024

Last Buyer's Agent

Patrick Kaveney

Bayshore Realty Listed on: 10/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,461

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 100x310x75x290
  • 75 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Iron Water Filter
  • Well

Community Details

  • No Home Owners Association
  • Bergquists Add To Saga Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0711723310004

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,461

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1760
  • 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, Drain Tiled, Egress Window(s), Sump Pump, Unfinished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Iron Filter, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1760
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry

Beds/Baths

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

Exterior Features

  • View: South
  • Other Structures: Guest House, Other
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Front Porch,Wrap Around
  • Lake Acres: 14205
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Deck,Dock,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100X310X75X290
  • Lot Size Sq Ft: 26136
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0711723310004
  • Tax Annual Amount: 15461
  • TaxWithAssessments: 15461.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jun 11, 2025
Sold by
Knodel Debra M
Bought by
Omni Custom Builders Llc
Seller's Agent
Patrick Kaveney
Bayshore Realty
Buyer's Agent
Patrick Kaveney
Bayshore Realty
List Price
$1,799,000
Sold Price
$1,525,000
Premium/Discount to List
-$274,000
-15.23%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
389.06%
Original Mortgage
$3,185,000
Outstanding Balance
$3,185,000
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
-$1,340,011

Purchase Details

Closed on
Feb 25, 1999
Sold by
Freeburg
Bought by
Knodel

Purchase Details

Closed on
Apr 18, 1996
Sold by
Palm Jane P
Bought by
Freeburg Clayton F and Freeburg Rilla G
Source: Public Records

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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
Warranty Deed $1,525,000 Stewart Title
Warranty Deed $267,000 --
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,185,000 Construction
Previous Owner $710,000 Credit Line Revolving
Closed -- No Value Available
Closed $32,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $1,930,000 +26.6% --
06/11/2025 06/11/25 Sold $1,525,000 -9.0% $866 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $1,675,000 -6.9% $952 / Sq Ft
12/30/2024 12/30/24 For Sale $1,799,000 +18.0% $1,022 / Sq Ft
12/30/2024 12/30/24 Off Market $1,525,000 -- --
10/11/2024 10/11/24 For Sale $1,799,000 -- $1,022 / 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 $15,461 $1,542,300 $1,508,600 $33,700
2022 $11,042 $1,259,000 $1,226,000 $33,000
2021 $10,668 $1,055,000 $1,022,000 $33,000
2020 $10,266 $1,015,000 $982,000 $33,000
2019 $9,797 $926,000 $893,000 $33,000
2018 $9,844 $882,000 $827,000 $55,000
2017 $9,774 $837,000 $827,000 $10,000
2016 $8,086 $705,000 $675,000 $30,000
2015 $8,271 $705,000 $675,000 $30,000
2014 -- $528,000 $500,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6611796

NorthstarMLS

APN: 07-117-23-31-0004