$335,000
SOLD NOV 27, 2023

5123 Waterbury Rd Mound, MN 55364

2 Beds
1.5 Baths
500 Sq Ft
1.03 Acres

Recently Sold

$670 Per Sq Ft

16% Below List Price

56 Days on Market

Highlights

  • Beach Access
  • Lake View
  • Property fronts a channel
  • Shirley Hills Primary School Rated A
  • 44,867 Sq Ft lot
  • Deck

About This Home

As of November 2023

Welcome to over an acre with Lake Minnetonka access via a lagoon and expansive lake views. Trim back trees and you'll have huge Lake Minnetonka (Phelps Bay) views along with a dock which has access to a lagoon that does have a small opening into Tonka. Depending on water levels, small fishing boats, jet skis, canoes, etc., can access Phelps Bay.Build your own dream home or look at the possibilities of working with the City and subdividing. Home is not currently available to enter and is likely a tear down. Walk to beaches and Al & Almas restaurant. Location is key on this one.

Last Buyer's Agent

Gunnar Oas

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1930

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 279 x 160
  • Property fronts a channel

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage Room
  • Lake Views
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Whipple Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511724120134

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 500
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 20X20 10X10
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Walkout
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 500
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Kitchen, Living Room, Bedroom 2, Bathroom, Storage

Beds/Baths

  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, East, Lake, South
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck
  • Lake Acres: 14729
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 279 X 160
  • Lot Size Sq Ft: 44866.8
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Wooded Area: 0.6
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511724120134
  • Tax Annual Amount: 1908
  • TaxWithAssessments: 1908.0000

Multi Family

  • WaterfrontFeatures: Channel Shore, Lake View, Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 21, 2023
Sold by
Needham Barbara
Bought by
Greer Michael and Greer Michelle
Buyer's Agent
Gunnar Oas
Coldwell Banker Realty
List Price
$399,999
Sold Price
$335,000
Premium/Discount to List
-$64,999
-16.25%
Views
442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.22%
Original Mortgage
$268,000
Outstanding Balance
$264,658
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$20,626

Purchase Details

Closed on
Apr 26, 2023
Sold by
Miller David O
Bought by
Needham Barbara Jo
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 Type Sale Price Title Company
Deed $335,000 --
Quit Claim Deed $485 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $1,169,500 -5.2% $307 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,234,000 +341.5% $324 / Sq Ft
03/14/2025 03/14/25 Price Changed $279,500 -5.3% --
02/07/2025 02/07/25 For Sale $295,000 -76.4% --
02/06/2025 02/06/25 Price Changed $1,249,500 -12.0% $328 / Sq Ft
11/01/2024 11/01/24 For Sale $1,420,000 +323.9% $373 / Sq Ft
11/27/2023 11/27/23 Sold $335,000 -4.3% $670 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $349,999 -6.4% $700 / Sq Ft
09/13/2023 09/13/23 Price Changed $374,099 -6.5% $748 / Sq Ft
08/31/2023 08/31/23 For Sale $399,999 -- $800 / 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 $2,171 $223,500 $193,500 $30,000
2022 $1,474 $210,000 $180,000 $30,000
2021 $1,582 $147,000 $117,000 $30,000
2020 $1,483 $155,000 $125,000 $30,000
2019 $1,498 $139,000 $109,000 $30,000
2018 $1,513 $139,000 $109,000 $30,000
2017 $1,541 $134,000 $104,000 $30,000
2016 $1,595 $134,000 $104,000 $30,000
2015 $1,611 $134,000 $104,000 $30,000
2014 -- $118,000 $93,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6427113

NorthstarMLS

APN: 25-117-24-12-0134