NOT LISTED FOR SALE

5206 Drummond Rd Mound, MN 55364

Estimated Value: $295,000 - $360,000

3 Beds
1.5 Baths
1,498 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $305,000 $204 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,924/month

28 Days on Market

Highlights

  • Lake View
  • No HOA
  • 1 Car Attached Garage
  • Shirley Hills Primary School Rated A
  • The kitchen features windows
  • 1-Story Property

About This Home

As of August 2024

Welcome to the Lake Living you've always wanted. This charming home is situated one block from Lake Minnetonka on sought after Phelps Island on a dead-end road in Mound. Enjoy lake views, without shoreline taxes. Only 30 minutes from downtown Minneapolis. You get the best of small town living with an easy city commute. The lot's mature trees and bushes in the front and back yards help provide privacy around the property. Interior boasts hardwood floors, breakfast nook, French doors, a fireplace, and more. Canopy boat port/carport & a shed. Located in the top-ranking Westonka School District. Dock available through the City of Mound dock program. Within walking distance of two public accesses. New paint throughout the interior, sump pump, & drain tile system. Finished basement.

Last Agent to Sell the Property

Jessica Peterson

Bridge Realty, LLC Listed on: 06/14/2024

Bridge Realty, LLC

Last Buyer's Agent

Christy Kimbrel

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Street terminates at a dead end

Parking

  • 1 Car Attached Garage
  • Detached Carport Space

Home Design

  • Flex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Washer and Dryer Hookup
  • Lake Views

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Whipple Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511724210031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,840

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1012
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Pump
  • Appliances: Dishwasher, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Full Masonry, Living Room, Wood Burning
  • Living Area: 1498
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 486
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Informal Dining Room, Living Room, Flex Room, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Other Structures: Storage Shed
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Carport, Gravel, Concrete
  • Carport Spaces: 1

Utilities

  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 80x100
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • 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: 2024
  • Assessor Parcel Number: 2511724210031
  • Tax Annual Amount: 2840
  • TaxWithAssessments: 3168.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 30, 2024
Sold by
Glaws Jennifer and Kroupa Marcos
Bought by
Triana Francisco
Seller's Agent
Jessica Peterson
Bridge Realty, LLC
Buyer's Agent
Christy Kimbrel
Keller Williams Premier Realty Lake Minnetonka
List Price
$340,000
Sold Price
$305,000
Premium/Discount to List
-$35,000
-10.29%
Views
20
Current Estimated Value
$322,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,076
Avg. Annual Appreciation
3.97%
Original Mortgage
$240,000
Outstanding Balance
$237,326
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,750

Purchase Details

Closed on
Dec 31, 2020
Sold by
Haugan Todd R
Bought by
Kroupa Marcos and Glaws Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2014
Closed on
Jan 22, 2015
Sold by
Federal National Mortgage Association
Bought by
Todd R Haugan & Associates Ltd Retiremen
Seller's Agent
Jason Miskowic
RE/MAX Advantage Plus
Buyer's Agent
Christine Valerius
Coldwell Banker Burnet
List Price
$117,900
Sold Price
$83,000
Premium/Discount to List
-$34,900
-29.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Jan 13, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2013
Sold by
Ringsred Todd W
Bought by
Jpmorgan Chase Bank National
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

Date Buyer Sale Price Title Company
Triana Francisco $305,000 --
Kroupa Marcos $225,000 Pillar Title Services
Todd R Haugan & Associates Ltd Retiremen -- Alliance Title Llc
-- $83,000 --
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National $108,628 None Available
Kroupa Marcos Marcos $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triana Francisco $240,000
Previous Owner Kroupa Marcos $213,750
Closed Kroupa Marcos Marcos $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2024 08/14/24 Sold $305,000 -4.7% $204 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $320,000 -5.9% $214 / Sq Ft
06/19/2024 06/19/24 For Sale $340,000 +309.6% $227 / Sq Ft
01/29/2015 01/29/15 Sold $83,000 -29.6% $55 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $117,900 -- $79 / 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
2024 $2,894 $282,500 $86,000 $196,500
2023 $3,168 $283,000 $86,000 $197,000
2022 $2,070 $263,000 $75,000 $188,000
2021 $2,359 $166,000 $52,000 $114,000
2020 $2,496 $169,000 $55,000 $114,000
2019 $2,357 $167,000 $49,000 $118,000
2018 $2,347 $153,000 $49,000 $104,000
2017 $2,315 $137,000 $48,000 $89,000
2016 $2,142 $119,000 $40,000 $79,000
2015 $2,214 $122,000 $43,000 $79,000
2014 -- $99,000 $35,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6554838

NorthstarMLS

APN: 25-117-24-21-0031