NOT LISTED FOR SALE

5420 Three Points Blvd Unit 221 Mound, MN 55364

Estimated Value: $386,000 - $469,000

3 Beds
3 Baths
1,293 Sq Ft
$756/mo HOA Fee

Last Sold June 26, 2023

Last sale price $425,000 $329 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,467/month

30 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Community Indoor Pool
  • Hilltop Primary School Rated A
  • Deck
  • Community Garden

About This Home

As of June 2023

If you're looking for an incredible summer experience, look no further than this amazingly unit in the Three Points of Mound, Seahorse condos. With stunning lake views and a boat slip included, this is the perfect opportunity to enjoy easy living all year round. This condo comes with 36’ slip Dock #15 and a 1 car garage unit that has nice build-ins and space for maintaining your other water toys or bikes to take to town, you'll have everything you need for a fantastic summer.
3 bedrooms and 3 bathrooms, with 2 out of the 3 bedrooms WITH LAKE VIEWS. New windows fall of 2019, all interior walls professionally painted and newer carpet, you'll feel right at home. Private boat ramp on the property. You'll love fishing off the end of the finger dock - there are crappies, sunfish, and walleyes to be caught! Plus heated indoor pool, newly renovated party room and outdoor fountain, greens, and large picnic spaces. Don't miss out on this incredible opportunity to have a piece of the lake life.

Last Listed By

Tricia Jo Leanger

Compass Listed on: 04/21/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1965

Lot Details

  • 8

HOA Fees

  • $756 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • Deck
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 1311724220082

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, heating, lawn care, ground maintenance, trash, snow removal, water
  • Michelle Seeman Association, Phone Number (612) 865-1664
  • Low-Rise Condominium
  • Seahorse Condominiums Subdivision

Amenities

  • Community Garden

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,385

Year Built

Built in 1965

Lot Details

0

HOA Fees

$756 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: Common Garden, Lobby Entrance, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1293
  • 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, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1293
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck
  • SqFtTotal: 1293.00
  • Shared Rooms: Amusement/Party Room,Community Room,Play Area

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 3

Exterior Features

  • PoolFeatures: Indoor
  • Lake Acres: 14729
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Other, Maintenance Grounds, Trash, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 756
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Outdoor Kitchen,Patio,Porch,Security System,Boat Slip,Sun Room,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Michelle Seeman

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: Complex Parcel 8.02 acres 349,422 sq ft
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724220082
  • Tax Annual Amount: 3385
  • TaxWithAssessments: 3384.6400

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 26, 2023
Sold by
The Bemmels Family Trust Dated November
Bought by
Sutterfield Brian and Sutterfield Kimberly
Seller's Agent
Tricia Jo Leanger
Compass
Buyer's Agent
David Rakowczyk
Coldwell Banker Realty
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%
Total Days on Market
30
Views
27
Current Estimated Value
$427,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,997
Avg. Annual Appreciation
0.38%
Original Mortgage
$318,750
Outstanding Balance
$312,837
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$115,160

Purchase Details

Closed on
Aug 20, 1999
Sold by
Spellman Richard G and Spellman Mary Rita
Bought by
Garin Ray C and Garin Margot K

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
Sutterfield Brian $425,000 --
Garin Ray C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutterfield Brian $318,750
Previous Owner Garin Ray C $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $425,000 0.0% $329 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/07/2023 05/07/23 Off Market $425,000 -- --
04/21/2023 04/21/23 For Sale $469,000 +56.9% $363 / Sq Ft
07/25/2019 07/25/19 Sold $299,000 -- $231 / 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 $4,056 $390,100 $210,000 $180,100
2022 $3,284 $348,000 $173,000 $175,000
2021 $3,220 $289,000 $132,000 $157,000
2020 $2,627 $283,000 $120,000 $163,000
2019 $0 $222,000 $80,000 $142,000
2018 $0 $243,000 $69,000 $174,000
2017 $0 $168,000 $43,000 $125,000
2016 -- $162,000 $43,000 $119,000
2015 -- $189,000 $47,000 $142,000
2014 -- $159,000 $39,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6334952

NorthstarMLS

APN: 13-117-24-22-0082