NOT LISTED FOR SALE

4801 Tuxedo Blvd Mound, MN 55364

Estimated Value: $109,675 - $124,000

0.14 Acre
$834,943 Price per Acre
6,098 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $108,000 $120 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $744/month

168 Days on Market

Highlights

  • Corner Lot
  • Shirley Hills Primary School Rated A
  • No HOA

About This Lot

As of August 2023

If you have been dreaming of living the Lake Minnetonka lifestyle, this may be the perfect opportunity to make your dreams a reality! Introducing 4801 Tuxedo BLVD. This 100% ready-to-build lot in one of Lake Minnetonka's most historic and charming neighborhoods has recently had a price improvement and ready for new owners to turn it into their own private oasis! This level lot is literally steps away from Phelps Bay, and even has sliver lake views. Within walking distance to numerous parks, boat launches, trails, restaurants and schools, desired Phelps Island living has continued to grow in popularity. Let's not forget that Mound has the best Dock Program in the state! See more in supplements. Don't miss out on your chance to live the good life in Westonka!

Last Listed By

Mary Beth Burgstahler

Coldwell Banker Realty Listed on: 03/06/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,847

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 60x80x71x81
  • Corner Lot
  • Few Trees
  • Finished Lot(s)

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Devon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511724110001

Property Details

Property Type

Land

Est. Annual Taxes

$1,847

Year Built

1920

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Storm Sewer
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1920

Interior Features

  • Inclusions: Easements,For Sale Sign

Exterior Features

  • Soil Type: Other

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 60x80x71x81
  • Land Lease: No
  • Lot Features: Corner Lot, Island/Peninsula, Tree Coverage - Light, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511724110001
  • Tax Annual Amount: 1847
  • TaxWithAssessments: 1847.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Aug 28, 2023
Sold by
Honebrink Kara L
Bought by
Schmitz David and Schmitz Pamela
Seller's Agent
Mary Beth Burgstahler
Coldwell Banker Realty
Buyer's Agent
Mary Beth Burgstahler
Coldwell Banker Realty
List Price
$129,900
Sold Price
$108,000
Premium/Discount to List
-$21,900
-16.86%
Total Days on Market
168
Views
229
Current Estimated Value
$116,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,892
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Jun 7, 2021
Sold by
4801 Tuxedo Llc
Bought by
Honebrink Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2021
Sold by
The Tux Llc
Bought by
4801 Tuxedo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2017
Sold by
Pillar Lawrence D
Bought by
The Tux Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2015
Sold by
Pillar Lawrence D
Bought by
Amatuzio Paula M and Pillar Family Trust

Range of Values:

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Average Value
Not Available
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
Schmitz David $108,000 Edina Realty Title
Schmitz David $108,000 Edina Realty Title
Honebrink Kara L $120,000 Bankers Ttl & Bankers Closin
4801 Tuxedo Llc -- None Available
The Tux Llc $90,000 Arden Title Llc
Amatuzio Paula M -- None Available
Honebrink Kara Kara $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honebrink Kara L $90,000
Previous Owner The Tux Llc $185,000
Closed Honebrink Kara Kara $87,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $108,000 -2.6% $120 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/17/2023 06/17/23 Price Changed $110,900 -8.3% $123 / Sq Ft
06/06/2023 06/06/23 Price Changed $120,900 -6.9% $134 / Sq Ft
05/01/2023 05/01/23 For Sale $129,900 0.0% $144 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $129,900 -7.2% $144 / Sq Ft
03/06/2023 03/06/23 For Sale $140,000 -- $156 / 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 $1,152 $90,300 $90,300 $0
2022 $790 $79,000 $79,000 $0
2021 $2,956 $55,000 $55,000 $0
2020 $4,019 $127,000 $58,000 $69,000
2019 $2,354 $122,000 $51,000 $71,000
2018 $1,871 $114,000 $52,000 $62,000
2017 $1,838 $133,000 $50,000 $83,000
2016 $1,678 $117,000 $42,000 $75,000
2015 $1,736 $120,000 $45,000 $75,000
2014 -- $87,000 $37,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6338278

NorthstarMLS

APN: 25-117-24-11-0001