$284,000
SOLD DEC 15, 2023

5222 Phelps Rd Mound, MN 55364

3 Beds
2 Baths
1,557 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • 1-Story Property
  • Shirley Hills Primary School Rated A
  • Living Room
  • Baseboard Heating

About This Home

As of December 2023

Welcome to your own piece of paradise! This home has been lovingly maintained, and its charming interior offers warmth and character, with an amazing lake view just down the road! Situated in a tranquil neighborhood with nearby parks, you'll have endless opportunities for outdoor adventures. With a spacious 2+ car garage, it offers plenty of room for all your vehicles and storage needs. Come see for yourself what this gorgeous home has to offer!

Last Agent to Sell the Property

Gino Villella

eXp Realty Listed on: 11/01/2023

eXp Realty

Co-Listed By

Parker Pemberton

eXp Realty

Last Buyer's Agent

Jack Mcdonald

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 80x80
  • Property is Fully Fenced
  • Vinyl Fence

Parking

  • 2 Car Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Recreation Room
  • Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Utilities

  • Baseboard Heating
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Whipple Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511724210065

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 797
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Water Softener Rented
  • Living Area: 1557
  • Fireplace: No
  • Below Grade Finished Sq Ft: 760
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Recreation Room, Bedroom 3

Beds/Baths

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

Exterior Features

  • Fencing: Full, Vinyl
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Asphalt, Insulated Garage
  • Garage Square Feet: 400

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x80
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511724210065
  • Tax Annual Amount: 2376
  • TaxWithAssessments: 2376.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 15, 2023
Sold by
Weber Chris
Bought by
Ruiz Jenna C Mcdonald
Seller's Agent
Gino Villella
eXp Realty
Buyer's Agent
Jack Mcdonald
RE/MAX Results
List Price
$310,000
Sold Price
$284,000
Premium/Discount to List
-$26,000
-8.39%
Views
71
Current Estimated Value
$333,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,692
Avg. Annual Appreciation
8.68%
Original Mortgage
$16,500
Outstanding Balance
$16,330
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$308,936

Purchase Details

Closed on
Sep 6, 2019
Sold by
Mely Jennifer Lynn
Bought by
Weber Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,650
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Janz Corey C
Bought by
Mely Jennifer Lynn

Purchase Details

Listed on
Apr 13, 2013
Closed on
Jun 7, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Mely Jennifer Lynn and Janz Corey C
Seller's Agent
Troy Molde
Pride Group LLC
Buyer's Agent
Kevin Bumgardner
Counselor Realty
List Price
$97,000
Sold Price
$102,102
Premium/Discount to List
$5,102
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$88,827
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing Development

Purchase Details

Closed on
Jan 13, 2012
Sold by
Norstrem Lisa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 15, 2008
Sold by
Johnson Heather and Johnson Joshua
Bought by
Norstrem Jeff and Norstrem Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,627
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2005
Sold by
Ward Jeremiah R and Ward Krystal L
Bought by
Johnson Joshua

Purchase Details

Closed on
Jul 31, 2002
Sold by
Larson Thomas W
Bought by
Jackson Krystal L and Ward Jeremiah R

Purchase Details

Closed on
Oct 30, 1998
Sold by
Rockey Noah N and Rockey Lorna
Bought by
Larson Thomas W
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
Warranty Deed $284,000 Flex Title
Warranty Deed $284,000 Flex Title
Warranty Deed $228,500 Title Specialists Inc
Quit Claim Deed -- Title Specialists Inc
Limited Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Sheriffs Deed $186,958 --
Sheriffs Deed $186,957 None Available
Warranty Deed $175,000 --
Warranty Deed $163,900 --
Warranty Deed $148,000 --
Warranty Deed $104,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,500 New Conventional
Open $278,856 Reverse Mortgage Home Equity Conversion Mortgage
Closed $16,500 New Conventional
Closed $278,856 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $207,350 New Conventional
Previous Owner $205,650 New Conventional
Previous Owner $88,827 FHA
Previous Owner $173,627 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $284,000 0.0% $182 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/26/2023 11/26/23 Off Market $284,000 -- --
11/16/2023 11/16/23 Price Changed $300,000 -3.2% $193 / Sq Ft
11/03/2023 11/03/23 For Sale $310,000 +203.6% $199 / Sq Ft
06/07/2013 06/07/13 Sold $102,102 +5.3% $66 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $97,000 -- $62 / 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 $2,715 $271,900 $86,000 $185,900
2022 $2,171 $254,000 $75,000 $179,000
2021 $2,155 $202,000 $52,000 $150,000
2020 $2,084 $200,000 $55,000 $145,000
2019 $2,568 $183,000 $49,000 $134,000
2018 $2,497 $179,000 $49,000 $130,000
2017 $2,463 $158,000 $48,000 $110,000
2016 $2,314 $142,000 $40,000 $102,000
2015 $2,390 $145,000 $43,000 $102,000
2014 -- $121,000 $35,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6449476

NorthstarMLS

APN: 25-117-24-21-0065