NOT LISTED FOR SALE

5031 Edgewater Dr Mound, MN 55364

Estimated Value: $418,000 - $492,000

4 Beds
2 Baths
2,094 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2024

Last sale price $425,000 $203 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,746 / mo

24 Days on Market

Highlights

  • Lake View
  • Deck
  • No HOA
  • Hilltop Primary School Rated A
  • Corner Lot
  • Home Office

About This Home

As of March 2024

4 Bedrooms, 2 bathrooms 2 car garage and ready to move into! Nicely updated home, Great location and views of lake Minnetoka. Kitchen and baths updated and new windows and siding, flooring too much to list ! A MUST SEE!

Last Agent to Sell the Property

Eric Perkins

Bridge Realty, LLC Listed on: 01/25/2024

Bridge Realty, LLC

Last Buyer's Agent

Benjamin Kieffer

Compass Management Group, Inc

Compass Management Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1975

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 76x86x76x93
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Flex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1311724430124

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 1975

Lot Details

6,970 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
  • Water Source: City Water/Connected
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 1144
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Other
  • Living Area: 2094
  • Fireplace: No
  • Below Grade Finished Sq Ft: 950
  • Basement YN: Yes
  • Dining Room Type: Family Room, Kitchen, Informal Dining Room, Flex Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 76x86x76x93
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724430124
  • Tax Annual Amount: 2470
  • TaxWithAssessments: 2470.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 21, 2024
Sold by
Sticks N Bricks Construction Llc
Bought by
Fotland Elizabeth and Fotland Samuel
Seller's Agent
Eric Perkins
Bridge Realty, LLC
Buyer's Agent
Benjamin Kieffer
Compass Management Group, Inc
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
41
Current Estimated Value
$449,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,840
Avg. Annual Appreciation
2.78%
Original Mortgage
$340,000
Outstanding Balance
$332,346
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$117,494

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 19, 2024
Sold by
Sticks N Bricks Const Llc
Bought by
Fotland Elizabeth and Fotland Samuel
Seller's Agent
Eric Perkins
Bridge Realty, LLC
Buyer's Agent
Benjamin Kieffer
Compass Management Group, Inc
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$332,346
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$117,494

Purchase Details

Closed on
Oct 27, 2023
Sold by
Stevens Kelly and Stevens Rod
Bought by
Sticks N Bricks Construction Llc
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
Fotland Elizabeth $425,000 --
Fotland Elizabeth $425,000 None Listed On Document
Sticks N Bricks Construction Llc $210,000 Executive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fotland Elizabeth $340,000
Closed Fotland Elizabeth $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $425,000 0.0% $203 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $425,000 -3.4% $203 / Sq Ft
01/25/2024 01/25/24 For Sale $439,900 -- $210 / 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 $4,330 $403,500 $90,000 $313,500
2023 $2,559 $258,000 $100,000 $158,000
2022 $2,225 $237,000 $85,000 $152,000
2021 $2,238 $185,000 $56,000 $129,000
2020 $2,227 $184,000 $61,000 $123,000
2019 $2,266 $171,000 $56,000 $115,000
2018 $2,222 $171,000 $55,000 $116,000
2017 $2,260 $158,000 $53,000 $105,000
2016 $2,084 $141,000 $47,000 $94,000
2015 $2,040 $136,000 $42,000 $94,000
2014 -- $117,000 $35,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6480684

NorthstarMLS

APN: 13-117-24-43-0124

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