NOT LISTED FOR SALE

5235 Phelps Rd Mound, MN 55364

Estimated Value: $238,000 - $311,000

1 Bed
1 Bath
1,002 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $227,500 $227 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,564/month

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Shirley Hills Primary School Rated A
  • Porch
  • 1-Story Property

About This Home

As of March 2024

Lake life! Boasting views of Lake Minnetonka out your front door, 5235 Phelps is within walking distance to Chester Park Beach and Al and Almas Supper Club. The double deep lot allows for numerous possibilities; relax or entertain on your oversized patio, let your pets roam in the fully fenced in backyard or convert the parking space to a garage for instant equity. The interior features a practical, convenient, and low maintenance floor plan with a full bath, bedroom, kitchen and living room that leads directly to the backyard patio on the main level. A large flex room with separate entrance on the lower level can serve as an additional bedroom, living space or storage. Award winning Westonka School District and great location on the island!

Last Agent to Sell the Property

Andrew & Tiffany Beitler

National Realty Guild Listed on: 02/18/2024

National Realty Guild

Last Buyer's Agent

Elizabeth Williamson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160
  • Wood Fence
  • Chain Link Fence

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Whipple Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511724210157

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 546
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26x21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Walkout
  • Living Area: 1002
  • Fireplace: No
  • Below Grade Finished Sq Ft: 456
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Flex Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Wood
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Forced Air
  • 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: 40x160
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511724210157
  • Tax Annual Amount: 2158
  • TaxWithAssessments: 2158.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Mar 28, 2024
Sold by
Stacke Sarah and Sleeper Bryan
Bought by
Johnson Alexandra
Seller's Agent
Andrew & Tiffany Beitler
National Realty Guild
Buyer's Agent
Elizabeth Williamson
Coldwell Banker Realty
List Price
$209,000
Sold Price
$227,500
Premium/Discount to List
$18,500
8.85%
Views
103
Current Estimated Value
$258,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,183
Avg. Annual Appreciation
9.39%
Original Mortgage
$218,250
Outstanding Balance
$215,125
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$44,445

Purchase Details

Listed on
Feb 18, 2024
Closed on
Mar 26, 2024
Sold by
Stacke Sarah and Sleeper Bryan
Bought by
Johnson Alexandra M
Seller's Agent
Andrew & Tiffany Beitler
National Realty Guild
Buyer's Agent
Elizabeth Williamson
Coldwell Banker Realty
List Price
$209,000
Sold Price
$227,500
Premium/Discount to List
$18,500
8.85%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Outstanding Balance
$215,125
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$44,445

Purchase Details

Closed on
Sep 30, 2016
Sold by
Sheehan Andrew J and Kilby Nicole Marie
Bought by
Stacke Sarah and Sleeper Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,255
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Belmont Shannon Wing and Belmont Patrick
Bought by
Sheehan Andrew J

Purchase Details

Closed on
Jun 30, 2000
Sold by
Beckmann Michelle
Bought by
Wing Shannon L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnson Alexandra $227,500 --
Johnson Alexandra M $227,500 North Title
Stacke Sarah $152,900 Title Recording Svcs Inc
Sheehan Andrew J $116,000 --
Wing Shannon L $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alexandra $218,250
Closed Johnson Alexandra M $218,250
Previous Owner Stacke Sarah $145,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $227,500 +8.9% $227 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $209,000 -- $209 / 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 $2,364 $226,800 $81,700 $145,100
2022 $1,972 $219,000 $71,000 $148,000
2021 $1,991 $168,000 $49,000 $119,000
2020 $1,912 $169,000 $53,000 $116,000
2019 $1,808 $151,000 $46,000 $105,000
2018 $1,559 $141,000 $47,000 $94,000
2017 $1,561 $113,000 $46,000 $67,000
2016 $1,910 $100,000 $38,000 $62,000
2015 $1,617 $103,000 $41,000 $62,000
2014 -- $86,000 $33,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6489620

NorthstarMLS

APN: 25-117-24-21-0157