NOT LISTED FOR SALE

4850 Wilshire Blvd Mound, MN 55364

Estimated Value: $488,000 - $700,000

3 Beds
2.5 Baths
1,380 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $640,000 $464 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,024/month

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Dock Facilities
  • Deck
  • Shirley Hills Primary School Rated A
  • Beach Access
  • 4-minute walk to Tyrone Park

About This Home

As of June 2023

It's not often that an opportunity like this comes around! If your dream has been to live on Lake Minnetonka, this might be the right house for you. The current owners have only owned it for a year and are being relocated. In the last 12 months, they have replaced all the windows, put in a new central air conditioner, built a shed, replaced the sod and landscaping, insulated and finished the heated garage, and installed a hidden fence. This home gives you the best of Lake Minnetonka forty feet from your back door! Did we mention the sunset views?

Last Agent to Sell the Property

Todd Urbanski

Fazendin REALTORS Listed on: 04/25/2023

Last Buyer's Agent

Lynn Reiners

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1989

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 50x110
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Dock Facilities
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Seton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411724140060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Dock
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1380
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1380
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1380.00

Beds/Baths

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

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • View: Panoramic
  • Other Structures: Storage Shed
  • PatioPorchType: Deck
  • Lake Acres: 14205
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 600
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Kitchen Window,Panoramic View,Boat Slip,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 50x110
  • Lot Size Sq Ft: 5500
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2411724140060
  • Tax Annual Amount: 4444
  • TaxWithAssessments: 4444.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Reiners Lynette
Bought by
Lynette L Reiners Trust and Reiners
Current Estimated Value
$625,238

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 30, 2022
Sold by
Loehr James
Bought by
Rist Matthew and Rist Michelle
Seller's Agent
Mitchel Herian
Kris Lindahl Real Estate
Buyer's Agent
Timothy Landon
RE/MAX Advantage Plus
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$360,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 13, 2022
Sold by
James Loehr
Bought by
Rist Matthew R and Rist Michelle
Seller's Agent
Mitchel Herian
Kris Lindahl Real Estate
Buyer's Agent
Timothy Landon
RE/MAX Advantage Plus
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2019
Sold by
Smith David A and Smith Katherine
Bought by
Loehr James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
Sold by
Moore Linda D
Bought by
Smith Katherine and Smith David A

Purchase Details

Closed on
Apr 11, 1997
Sold by
Smith Construction Company Inc
Bought by
Moore Ronald L and Moore Linda D
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
Lynette L Reiners Trust $485 None Listed On Document
Rist Matthew $600,000 --
Rist Matthew R $600,000 Trademark Title
Loehr James $380,000 Cambria Title
Smith Katherine $341,500 --
Moore Ronald L $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rist Matthew $360,000
Previous Owner Rist Matthew R $360,000
Previous Owner Loehr James $361,000
Closed Moore Ronald L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $640,000 -1.4% $464 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $649,000 +8.2% $470 / Sq Ft
06/30/2022 06/30/22 Sold $600,000 -4.0% $435 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $625,000 -3.8% $453 / Sq Ft
04/25/2022 04/25/22 For Sale $650,000 -- $471 / 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 $6,487 $599,900 $344,000 $255,900
2022 $4,580 $450,000 $228,000 $222,000
2021 $4,534 $392,000 $213,000 $179,000
2020 $3,861 $387,000 $212,000 $175,000
2019 $3,885 $313,000 $142,000 $171,000
2018 $3,795 $303,000 $136,000 $167,000
2017 $3,758 $272,000 $129,000 $143,000
2016 $3,729 $260,000 $125,000 $135,000
2015 $3,761 $260,000 $125,000 $135,000
2014 -- $248,000 $125,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6358666

NorthstarMLS

APN: 24-117-24-14-0060