NOT LISTED FOR SALE

5125 Shady Island Rd Mound, MN 55364

Estimated Value: $1,485,000 - $1,921,000

3 Beds
2.5 Baths
2,272 Sq Ft
$775/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $980,000 $431 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,670/month

126 Days on Market

Highlights

  • 125 Feet of Waterfront
  • 0.53 Acre Lot
  • Wood Flooring
  • Shirley Hills Primary School Rated A
  • Deck
  • 2 Car Attached Garage

About This Home

As of September 2013

Completely remodeled walkout rambler with 125+ feet of exceptional gradual sloping shoreline. Private 1/2 acre setting with a sandy beach. Open floor plan. High-end finishes and details. Expansive deck and patio. Sensational south facing views.

Last Agent to Sell the Property

George Stickney

Coldwell Banker Burnet Listed on: 03/27/2013

Last Buyer's Agent

Mark Grieger

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,962

Year Built

  • Built in 1955

Lot Details

  • 0.53 Acre Lot
  • 125 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3011723420011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,962

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.53
  • Construction: Previously Owned
  • Foundation Size: 1332
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3011723420011
  • Projected Closed Date: 09/16/2013
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 10962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator, Wall Oven
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 14x8, On Level: Main
  • Room 3: Family Room, 20x13, On Level: Lower
  • Room 4: Kitchen, 14x12, On Level: Main
  • Room 5: Bedroom, 15x11, On Level: Main
  • Room 6: Bedroom, 14x12, On Level: Lower
  • Room 7: 16x9, On Level: Lower
  • Room 9: Laundry Room, 10x6, On Level: Main
  • Room 10: Other, On Level: Lower
  • Room 11: Deck, On Level: Main
  • Room 12: Patio, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1332
  • Below Grade Finished Sq Ft: 940
  • Total Fin Square Footage: 2272

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • LakeAcres: 14652
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 125
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: Irreg

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2013
  • Tax Value: 10962

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Paulson Wayne M and Paulson Susan M
Bought by
Wayne M Paulson Revocable Living Trust and Susan M Paulson Revocable Living Trust
Current Estimated Value
$1,719,548

Purchase Details

Listed on
Mar 27, 2013
Closed on
Sep 24, 2013
Sold by
Paulson Wayne M
Bought by
Paulson Wayne M and Paulson Susan M
Seller's Agent
George Stickney
Coldwell Banker Burnet
Buyer's Agent
Mark Grieger
Coldwell Banker Burnet
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$686,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2013
Closed on
Sep 16, 2013
Sold by
Buxton Sarah Lee and Brown Julie Ann
Bought by
Paulson Wayne M
Seller's Agent
George Stickney
Coldwell Banker Burnet
Buyer's Agent
Mark Grieger
Coldwell Banker Burnet
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Hagen Wendall and Hagen Judy K
Bought by
Buxton Sarah Lee and Brown Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wayne M Paulson Revocable Living Trust $485 None Listed On Document
Paulson Wayne M -- None Available
Paulson Wayne M $980,000 Multiple
Buxton Sarah Lee $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulson Wayne M $80,000
Previous Owner Paulson Wayne M $190,000
Previous Owner Paulson Wayne M $686,000
Previous Owner Buxton Sarah Lee $862,500
Previous Owner Hagen Wendall $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $980,000 -10.9% $431 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $1,100,000 -- $484 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $15,614 $1,460,600 $1,123,600 $337,000
2022 $11,073 $1,429,000 $1,095,000 $334,000
2021 $1,466 $959,000 $631,000 $328,000
2020 $11,114 $942,000 $631,000 $311,000
2019 $10,983 $894,000 $578,000 $316,000
2018 $11,015 $882,000 $578,000 $304,000
2017 $12,042 $912,000 $638,000 $274,000
2016 $12,365 $929,000 $638,000 $291,000
2015 $12,661 $929,000 $638,000 $291,000
2014 -- $709,000 $495,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4454818

REALTOR® Association of Southern Minnesota

APN: 30-117-23-42-0011