NOT LISTED FOR SALE

5000 Enchanted Rd Mound, MN 55364

Estimated Value: $1,236,000 - $1,712,000

4 Beds
2.5 Baths
3,194 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,850,000 $579 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $9,276/month

12 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Deck
  • Mud Room
  • Hilltop Primary School Rated A
  • Sun or Florida Room
  • No HOA

About This Home

As of May 2024

Completely updated Lake Minnetonka 4 bedroom 3 bathroom home on Jennings Bay. The main level living room is surrounded by windows to capture the amazing sunsets overlooking the lake. The chef's kitchen boasts stainless steel appliances, custom cabinets and a large center island. Cambria countertops throughout the entire house. The beautiful hardwood floors run through the main level into the stunning owners suite that was added in 2020. This large owner's suite is truly remarkable with heated tile floors, double vanity, large wet room with walk-in shower, soaker tub and a huge walk-in closet with laundry. The maintenance free Trex deck was installed in 2020 and is great for entertaining guests and enjoying the fantastic views of Lake Minnetonka. The shoreline has a grandfathered wharf/deck that is approximately 44' long and 8' wide. The 32' dock is included in the sale. New Furnace and A/C installed 2020.

Last Agent to Sell the Property

Nick Welu

Coldwell Banker Realty - Southwest Regional Brokerage Phone: 612-616-5179 Listed on: 03/01/2024

Coldwell Banker Realty - Southwest Regional

Last Buyer's Agent

Mollie Greenberg

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,904

Year Built

  • Built in 1976

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 155x45
  • 45 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Cedar

Interior Spaces

  • Brick Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Sun or Florida Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shadywood Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724110069

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,904

Year Built

Built in 1976

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: 1
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 2262
  • Water Body Name: Minnetonka
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-616-5179
  • Attribution Contact: 612-616-5179
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Brick
  • Living Area: 3194
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 932
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Mud Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 45

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 155x45
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724110069
  • Tax Annual Amount: 10904
  • TaxWithAssessments: 10904.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 1, 2024
Sold by
Grimes Jennifer and Miller Derek G
Bought by
Esterkin Paige
Seller's Agent
Nick Welu
Coldwell Banker Realty - Southwest Regional
Buyer's Agent
Mollie Greenberg
Edina Realty, Inc.
List Price
$1,899,000
Sold Price
$1,850,000
Premium/Discount to List
-$49,000
-2.58%
Views
36
Current Estimated Value
$1,551,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,650
Avg. Annual Appreciation
-9.62%
Original Mortgage
$1,480,000
Outstanding Balance
$1,132,947
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$418,403

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 12, 2014
Sold by
Gavin Elaine Elaine
Bought by
Miller Derek Derek
Seller's Agent
Carol Clark
Lakes Sotheby's International
Buyer's Agent
Nick Welu
RE/MAX Advantage Plus
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.48%
Original Mortgage
$403,750
Interest Rate
4.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Esterkin Paige $1,850,000 Watermark Title
Miller Derek Derek $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esterkin Paige $1,480,000
Previous Owner Miller Derek Derek $403,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $1,850,000 -2.6% $579 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,899,000 +346.8% $595 / Sq Ft
09/12/2014 09/12/14 Sold $425,000 0.0% $219 / Sq Ft View Prior Sale
08/25/2014 08/25/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $425,000 -- $219 / Sq Ft
Source: NorthstarMLS

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 $14,546 $1,173,500 $680,100 $493,400
2023 $13,581 $1,156,000 $680,100 $475,900
2022 $9,269 $996,000 $572,000 $424,000
2021 $9,029 $737,000 $376,000 $361,000
2020 $7,275 $718,000 $372,000 $346,000
2019 $6,536 $561,000 $338,000 $223,000
2018 $6,560 $508,000 $298,000 $210,000
2017 $5,734 $415,000 $225,000 $190,000
2016 $5,162 $364,000 $203,000 $161,000
2015 $4,613 $326,000 $194,000 $132,000
2014 -- $313,000 $194,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6497110

NorthstarMLS

APN: 13-117-24-11-0069