NOT LISTED FOR SALE

5024 Edgewater Dr Mound, MN 55364

Estimated Value: $936,000 - $1,441,000

3 Beds
2 Baths
2,352 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2024

Last sale price $1,300,000 $553 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,968 / mo

117 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Beach Access
  • Deck
  • Hilltop Primary School Rated A
  • Fireplace in Primary Bedroom
  • Radiant Floor

About This Home

As of April 2024

A FANTASTIC OASIS ON LAKE MINNETONKA FEATURING SENSATIONAL SUNSETS, SANDY SHORELINE, SWIMMING AND AWESOME LAKESIDE OUTDOOR ENTERTAINING SPACES. THE LAKESIDE 30 x 19 PATIO IS COMPLETE WITH AN OUTDOOR WOOD BURNING FIREPLACE. A LAKESIDE STORAGE AREA IS HANDY FOR YOUR NAUTICAL EQUIPMENT. MORE ADVENTURES ARE AVAILABLE AFTER CRUISING LAKE MINNETONKA BY EXPLORING THE NEAR-BY DAKOTA BIKE TRAIL TO LOCAL EATERIES AND COFFEE SHOPS. THE CUTE COTTAGE IS IMMACULATE AND FEATURES A LARGE LAKESIDE PRIMARY BEDROOM with A COZY FIREPLACE HEARTH AREA AND A PRIVATE LAKESIDE DECK VIEWING SUNSETS OVER PANORAMIC WATER VISTAS. THE HOME HAS BEEN RENOVATED WITH HIGH-END FINISHES, APPLIANCES AND WITH A FLAIR TO ENJOY LIVING AT THE LAKE TO THE MAX! YOUR LARGE BOAT WILL LOVE THE DEEP WATER LOCATION. THE LOW MAINTENANCE COTTAGE EVEN HAS A NEWER STONE COATED METAL SHINGLE ROOF. SEE LIST OF IMPROVEMENTS IN THE SUPPLEMENTS OR IN THE PHOTO COMMENTS.
A MUST SEE.

Last Agent to Sell the Property

Rita Pederson

Coldwell Banker Realty Brokerage Phone: 612-718-6579 Listed on: 11/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Timothy Beduhn

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,372

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 43x185
  • 43 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Den
  • Storage Room
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Skarp & Lindquists Glen Arbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724420014

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,372

Year Built

Built in 1970

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: N/A
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1568
  • Water Body Name: Minnetonka
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-718-6579
  • Attribution Contact: 612-718-6579
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Primary Bedroom
  • Living Area: 2352
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 784
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Den, Family Room, Deck, Patio, Garage, Other Room, Storage

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Metal
  • Fencing: Chain Link, Other
  • Other Structures: Boat House, Dog Kennel, Hot Tub, Other
  • ConstructionMaterialsDesc: Block,Other
  • PatioPorchType: Composite Decking,Covered,Deck,Other,Patio,Terrace
  • LakeChain: N
  • Waterfront Frontage: 43

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Exercise Room,Hot Tub,Kitchen Window,Local Area Network,Patio,Panoramic View,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 43x185
  • Lot Size Sq Ft: 7405
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724420014
  • Tax Annual Amount: 12372
  • TaxWithAssessments: 12372.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Apr 22, 2024
Sold by
Bought by
Seller's Agent
Rita Pederson
Coldwell Banker Realty
Buyer's Agent
Timothy Beduhn
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
81
Current Estimated Value
$1,230,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,148
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
Dec 16, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jul 13, 2012
Sold by
Bought by
Seller's Agent
Todd Haigh
Keller Williams Classic Rlty NW
Buyer's Agent
Rita Pederson
Coldwell Banker Burnet
List Price
$464,900
Sold Price
$416,500
Premium/Discount to List
-$48,400
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$375,750
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Burnet Title
-- None Available
$416,500 Burnet Title
$200,000 --
$792,000 --
$522,500 --
$228,000 --
$116,905 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $375,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $1,300,000 -3.7% $553 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,350,000 +3.8% $574 / Sq Ft
12/21/2023 12/21/23 Off Market $1,300,000 -- --
11/20/2023 11/20/23 For Sale $1,350,000 +224.1% $574 / Sq Ft
07/13/2012 07/13/12 Sold $416,500 -10.4% $177 / Sq Ft View Prior Sale
06/18/2012 06/18/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $464,900 -- $198 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,293 $1,273,600 $809,600 $464,000
2024 $14,698 $1,184,800 $783,000 $401,800
2023 $12,372 $1,061,300 $740,000 $321,300
2022 $10,015 $1,004,000 $718,000 $286,000
2021 $9,418 $789,000 $547,000 $242,000
2020 $7,863 $745,000 $513,000 $232,000
2019 $7,886 $599,000 $385,000 $214,000
2018 $6,794 $594,000 $385,000 $209,000
2017 $6,660 $482,000 $327,000 $155,000
2016 $6,009 $419,000 $264,000 $155,000
2015 $6,061 $419,000 $264,000 $155,000
2014 -- $412,000 $264,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6462156

NorthstarMLS

APN: 13-117-24-42-0014

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