NOT LISTED FOR SALE

4972 Edgewater Dr Mound, MN 55364

Estimated Value: $1,742,000 - $2,616,712

2 Beds
2 Baths
1,495 Sq Ft
$1,465/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $340,000 $227 Per Sq Ft

Est. 544% increase in value since last sale

Current estimated payment $13,330/month

43 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Deck
  • 1 Car Detached Garage
  • Hilltop Primary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of December 2014

Cabin on Lake Minnetonka. Needs updating throughout. Opportunity for rehab or tear down. Gorgeous long water views. Dock included. 55 feet of hard pack bottom lakeshore. Priced at lot value.

Last Agent to Sell the Property

Christine Valerius

Coldwell Banker Burnet Listed on: 10/23/2014

Last Buyer's Agent

Philip Kor

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 55x200
  • 55 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Walk-Out Basement

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1311724410018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1245
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1311724410018
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Cooktop, Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x11.5, On Level: Main
  • Room 2: Dining Room, 10x10, On Level: Main
  • Room 4: Kitchen, 11x14, On Level: Main
  • Room 5: Bedroom, 11.8x11.5, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Sunroom/Solarium, 11.5x11.5, On Level: Main
  • Room 10: Porch, 13x8, On Level: Main
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1245
  • Below Grade Finished Sq Ft: 250
  • Total Fin Square Footage: 1495

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 55
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 55x200
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2014
  • Tax Value: 6315

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Kimbrel Christy and Kimbrel Kevin
Bought by
Hemme Troy S and Hemme Wendy
Current Estimated Value
$2,189,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Outstanding Balance
$1,047,172
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,142,732

Purchase Details

Closed on
May 12, 2020
Sold by
Kimbrel K C K and Kimbrel Christy
Bought by
Kimbrel Kevin and Kimbrel Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Kor Philip and Kor Amanda
Bought by
Kimbrel K C and Kimbrel Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,152
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 23, 2014
Closed on
Dec 29, 2014
Sold by
Sotak Joseph M and Sotak Diane H
Bought by
Kor Philip and Kor Amanda
Seller's Agent
Christine Valerius
Coldwell Banker Burnet
Buyer's Agent
Philip Kor
Bridge Realty, LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.31%
Original Mortgage
$262,500
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hemme Troy S $1,475,000 Executive Title
Kimbrel Kevin $500 Servicelink
Kimbrel K C $366,000 Executive Title
Kor Philip $340,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemme Troy S $1,180,000
Previous Owner Kimbrel Kevin $622,500
Previous Owner Kimbrel K C $668,152
Previous Owner Kor Philip $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $340,000 -2.9% $227 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $350,000 -- $234 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $23,369 $1,829,700 $919,200 $910,500
2023 $21,275 $1,759,200 $868,700 $890,500
2022 $16,730 $1,595,000 $842,000 $753,000
2021 $15,450 $1,257,000 $644,000 $613,000
2020 $13,166 $1,164,000 $615,000 $549,000
2019 $13,317 $942,000 $462,000 $480,000
2018 $13,553 $940,000 $462,000 $478,000
2017 $11,049 $745,000 $406,000 $339,000
2016 $5,535 $388,000 $348,000 $40,000
2015 $5,953 $388,000 $348,000 $40,000
2014 -- $388,000 $348,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christine Valerius

    Coldwell Banker Burnet

  • P

    Buyer's Agent in 2014

    Philip Kor

    Bridge Realty, LLC

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4687004

REALTOR® Association of Southern Minnesota

APN: 13-117-24-41-0018

Minnesota Hennepin County Mound 55364

4972 Edgewater Dr, Mound, MN

Not Listed for Sale

Detached

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