NOT LISTED FOR SALE

4925 Shady Island Rd Mound, MN 55364

Estimated Value: $1,495,000 - $1,855,000

4 Beds
4 Baths
3,105 Sq Ft
$528/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $785,000 $253 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,960/month

47 Days on Market

Highlights

  • 112 Feet of Waterfront
  • Docks
  • Vaulted Ceiling
  • Shirley Hills Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2014

Tranquility on the lake! Private setting, 1/3 acre on Shady Island. Southern exposure. A lake view from every room. Perfect for a wedding reception or reading a book. Wonderful master bedroom. Vaulted ceilings, hardwood floors, huge deck. Come explore!

Last Agent to Sell the Property

Tom Crouch

RE/MAX Results Listed on: 08/14/2014

Last Buyer's Agent

Patty Morris

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,753

Year Built

  • Built in 1973

Lot Details

  • 0.37 Acre Lot
  • 112 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3011723310011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,753

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Gravel
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Foundation Size: 1600
  • Mechanicals: Electronic Air Filter, Water Softener-Owned
  • Parcel Number: 3011723310011
  • Projected Closed Date: 12/05/2014
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 7752.84
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 30x12, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 28x14, On Level: Lower
  • Room 4: Kitchen, 12x8, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 14x13, On Level: Main
  • Room 8: Bedroom, 14x13, On Level: Main
  • Room 9: Den/Office, 11x10, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2305
  • Below Grade Finished Sq Ft: 800
  • Total Fin Square Footage: 3105

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 112
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Condo/Co-op/Association

  • Association Fee Frequency: Yearly

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: L112 x 172
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1973

Tax Info

  • Year: 2014
  • Tax Value: 7753

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Nov 7, 2014
Sold by
Councilman Mary H and Councilman James R
Bought by
Hanson Scott C and Hanson Lynette M
Seller's Agent
Tom Crouch
RE/MAX Results
Buyer's Agent
Patty Morris
Coldwell Banker Burnet
List Price
$845,000
Sold Price
$785,000
Premium/Discount to List
-$60,000
-7.1%
Current Estimated Value
$1,640,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,066
Avg. Annual Appreciation
6.50%
Original Mortgage
$628,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2002
Sold by
Delaney Patrick M and Nelaney Marion E
Bought by
Councilnan Mary H and Councilman James R
Source: Public Records

Range of Values:

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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
Hanson Scott C $785,000 Home Title
Councilnan Mary H $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Scott C $204,600
Open Hanson Lynette M $950,748
Closed Hanson Scott C $628,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $785,000 -7.1% $253 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $845,000 -- $272 / 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
2023 $13,121 $1,241,800 $720,800 $521,000
2022 $9,646 $1,188,000 $702,000 $486,000
2021 $9,569 $847,000 $435,000 $412,000
2020 $9,457 $833,000 $435,000 $398,000
2019 $9,373 $774,000 $395,000 $379,000
2018 $9,655 $766,000 $395,000 $371,000
2017 $9,845 $762,000 $392,000 $370,000
2016 $8,840 $690,000 $392,000 $298,000
2015 $8,902 $680,000 $392,000 $288,000
2014 -- $582,000 $310,000 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4666145

REALTOR® Association of Southern Minnesota

APN: 30-117-23-31-0011