NOT LISTED FOR SALE

5400 Three Points Blvd Unit 331 Mound, MN 55364

Estimated Value: $386,000

3 Beds
3 Baths
1,251 Sq Ft
$683/mo HOA Fee

Last Sold March 17, 2023

Last sale price $305,000 $244 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,715/month

Highlights

  • Lake Front
  • Dock Facilities
  • Community Indoor Pool
  • Hilltop Primary School Rated A
  • 349,308 Sq Ft lot
  • Living Room

About This Home

As of March 2023

**Multiple offers received! Highest and best due Saturday, 2/18 at 8PM. Seller will review Sunday** Enjoy the beauty of lake-style living on one of the most desirable lakes in Minnesota. The Seahorse Condominiums on Jennings Bay of Lake Minnetonka has it all. The seller has secured a dock lease for the 2023 season for $2,000. The park-like setting provides relaxing outdoor spaces with scenic gardens, green space, BBQ areas and a putting green. Community amenities include an indoor heated pool, gym, sauna and party room.
The quiet third floor location of this three bedroom condo is a rare find. Fresh interior renovations include new luxury vinyl plank flooring throughout, brand new white trim, six panel doors, and fresh paint; new butcher block countertops and tile backsplash in the kitchen. Fully updated bathrooms including tiled showers. Ceiling fans in every room and walk-in closets. The master bedroom features lake views, a private bathroom and large walk-in closet.

Last Agent to Sell the Property

Bethany Nelson

Keller Williams Premier Realty Lake Minnetonka Listed on: 02/16/2023

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Joni Butler

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1965

Lot Details

  • 8.02

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • Dock Facilities
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 1311724220106

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, dock, hazard insurance, heating, ground maintenance, trash, shared amenities, snow removal, water
  • Seahorse Condominium Association, Phone Number (612) 865-1664
  • Low-Rise Condominium
  • Condo 0008 Seahorse Condo Subdivision

Recreation

  • Community Indoor Pool

Additional Features

  • Coin Laundry
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,807

Year Built

Built in 1965

Lot Details

0

HOA Fees

$683 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Dock, Security
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1251
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1251
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Indoor, Shared
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Dock, Hazard Insurance, Heating, Maintenance Grounds, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 683
  • Association: Yes
  • Amenities Unit: Dock,Intercom System,Primary Bedroom Walk-In Closet,Walk-In Closet

Association/Amenities

  • HOA Management Co: Seahorse Condominium Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: N/A
  • Lot Size Sq Ft: 349307.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1311724220106
  • Tax Annual Amount: 1807
  • TaxWithAssessments: 1807.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Susan E Johnson Living Trust
Bought by
Wall Janice J
Current Estimated Value
$386,000

Purchase Details

Closed on
Oct 27, 2020
Sold by
Wall Janice and Estate Of Douglas J Wall
Bought by
Johnson Susan E and Susan E Johnson Living Trust

Purchase Details

Closed on
Jul 29, 2005
Sold by
Ecklund David L
Bought by
Wall Doug and Wall Jan

Purchase Details

Closed on
May 11, 2001
Sold by
Mcgee Doris L
Bought by
Ecklund David L and Ecklund Sandra H
Source: Public Records

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 Buyer Sale Price Title Company
Wall Janice J $500 Arden Title
Johnson Susan E $175,000 Minnetonka Title
Wall Doug $208,000 --
Ecklund David L $168,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $305,000 +2.0% $244 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $299,000 -- $239 / 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 $143 $13,000 $10,000 $3,000
2023 $104 $10,000 $7,000 $3,000
2022 $117 $10,000 $7,000 $3,000
2021 $118 $10,000 $7,000 $3,000
2020 $127 $10,000 $7,000 $3,000
2019 $64 $10,000 $7,000 $3,000
2018 $83 $5,000 $2,000 $3,000
2017 $85 $5,000 $2,000 $3,000
2016 $89 $5,000 $2,000 $3,000
2015 $89 $5,000 $2,000 $3,000
2014 -- $5,000 $2,000 $3,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6333749

NorthstarMLS

APN: 13-117-24-22-0172