NOT LISTED FOR SALE

5024 Tuxedo Blvd Mound, MN 55364

Estimated Value: $2,220,000 - $2,834,000

5 Beds
4.5 Baths
4,521 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $2,500,000 $553 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,181/month

20 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Game Room
  • Shirley Hills Primary School Rated A
  • No HOA
  • Hobby Room

About This Home

As of July 2022

Exquisite lakeshore home with resort-style amenities overlooking Lake Minnetonka. Open-concept main level features wall of windows with panoramic views of Cooks Bay. Center-island kitchen with high-level finishes and Thermador appliances. Patio doors walk out to the backyard pool, patio, and spa area. Endless professional landscaping provides over-the-top outdoor entertaining. Sandy lakefront area with firepit and restored brick boathouse. Luxurious owner’s suite with balcony overlooking the pool and lake, large walk-in closet, and exquisite bath. Two additional bedrooms and full bath complete the second story. The third story features a sitting room, two bedrooms, a full bath, and laundry room. Lower level includes a wet bar, family room, sauna, and laundry/craft area with second laundry. Heated three car garage. Not included in the square footage - additional bonus room above the garage currently used as an exercise room. Award-winning Westonka School District.

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Realty Listed on: 05/18/2022

Coldwell Banker Realty

Last Buyer's Agent

Nick Welu

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,370

Year Built

  • Built in 2016

Lot Details

  • 0.33 Acre Lot
  • Lake Front
  • Few Trees

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Game Room
  • Hobby Room

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System

Additional Features

  • Air Exchanger
  • Heated In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2411724430035

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,370

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 3378
  • Water Body Name: Minnetonka
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-719-4477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 4521
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1143
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sitting Room, Bar/Wet Bar Room, Amusement Room, Hobby Room, Laundry
  • SqFtTotal: 4521.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: None
  • View: Panoramic
  • Other Structures: Boat House
  • Lake Acres: 14729
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 832

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Panoramic View,Sauna,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 14374.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2411724430035
  • Tax Annual Amount: 16370
  • TaxWithAssessments: 16370.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 6, 2022
Sold by
Macnally and Kelley
Bought by
Holm Mark and Holm Amber
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Nick Welu
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Current Estimated Value
$2,531,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,673
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,300,000
Outstanding Balance
$1,245,803
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,285,870

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 24, 2022
Sold by
Macnally Brett and Macnally Kelley
Bought by
Holm Mark and Holm Amber
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Nick Welu
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,245,803
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,285,870

Purchase Details

Listed on
Oct 1, 2012
Closed on
Dec 5, 2012
Sold by
Ducks Unlimited Iinc
Bought by
Macnally Brett
Seller's Agent
Andrew Baer
Edina Realty, Inc.
Buyer's Agent
Gregg Larsen
Coldwell Banker Burnet
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.78%
Original Mortgage
$304,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 19, 2012
Sold by
Dale John S and Dale Cheryl L
Bought by
Ducks Unlimited Inc
Seller's Agent
Andrew Baer
Edina Realty, Inc.
Buyer's Agent
Gregg Larsen
Coldwell Banker Burnet
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Holm Mark $2,500,000 Trademark Title
Holm Mark $2,500,000 --
Macnally Brett $380,000 Edina Realty Title Inc
Ducks Unlimited Inc -- Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holm Mark $1,300,000
Previous Owner Macnally Brett $999,999
Previous Owner Macnally Brett $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $2,500,000 0.0% $553 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/06/2022 06/06/22 Off Market $2,500,000 -- --
05/17/2022 05/17/22 For Sale $2,595,000 +582.9% $574 / Sq Ft
12/11/2012 12/11/12 Sold $380,000 -4.8% $195 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $399,000 -- $205 / 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 $24,938 $2,046,300 $836,700 $1,209,600
2022 $16,371 $1,525,000 $715,000 $810,000
2021 $14,442 $1,232,000 $545,000 $687,000
2020 $15,022 $1,094,000 $447,000 $647,000
2019 $14,635 $1,062,000 $386,000 $676,000
2018 $7,788 $1,024,000 $342,000 $682,000
2017 $5,886 $426,000 $326,000 $100,000
2016 $5,782 $404,000 $294,000 $110,000
2015 $5,676 $394,000 $294,000 $100,000
2014 -- $373,000 $273,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6196679

NorthstarMLS

APN: 24-117-24-43-0035