NOT LISTED FOR SALE

5420 Three Points Blvd Unit 234 Mound, MN 55364

Estimated Value: $304,000

2 Beds
1 Bath
978 Sq Ft
$537/mo HOA Fee

Last Sold July 28, 2022

Last sale price $379,000 $388 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,231/month

37 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Sauna
  • Hilltop Primary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of July 2022

Fabulous Penthouse Unit at the sought after Seahorse Condominiums with a 32 foot Boat Slip in prime
location at the end of the dock and garage parking! This property has a shared indoor pool, indoor party
room, putting greens, shared garden, water feature, fish cleaning station, on site outdoor boat storage,
on site private boat launch, and docks for guests to use who are visiting! The unit itself is overlooks
Jennings Bay on Lake Minnetonka, arguably the best fishing and recreation on the entire lake! This unit
has been recently updated with granite countertops, new wood cabinets, stainless steel appliances, new
hard floor coverings, fresh paint, newer carpet and did we mention the stunning views!! This is an
absolute MUST SEE, set up your showing today!

Last Listed By

Todd Harrington

LPT Realty, LLC Listed on: 05/18/2022

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Few Trees
  • Additional Parcels

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Geothermal Heating and Cooling
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 1311724220091

Community Details

Overview

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

Amenities

  • Coin Laundry

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,144

Year Built

Built in 1965

Lot Details

0

HOA Fees

$537 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Boat Slip, Coin-op Laundry Owned, Dock, In-Ground Sprinkler System, Other, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 978
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator
  • Living Area: 978
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Garage
  • SqFtTotal: 978.00
  • Shared Rooms: Amusement/Party Room,Other,Play Area

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Indoor, Shared
  • Fencing: None
  • View: Bay, East, Harbor, Lake
  • Other Structures: Additional Garage, Other
  • ConstructionMaterialsDesc: Block,Frame
  • Lake Acres: 14729
  • Lake Bottom: Gravel,Hard,Reeds,Rocky,Sand,Soft,Weeds
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, Paved, Storage
  • Garage Square Feet: 253
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Beach Access, Maintenance Structure, Controlled Access, Dock, Electricity, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 537
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Dock,Intercom System,Other,Panoramic View,Satelite Dish,Sauna,Boat Slip,In-Ground Sprinkler

Association/Amenities

  • HOA Management Co: Seahorse Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels Description: 1311724220176
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1311724220091
  • Tax Annual Amount: 3144
  • TaxWithAssessments: 3144.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 25, 2022
Sold by
Schmitt Beth Ann
Bought by
Barbara N Zimmerman Revocable Trust
Seller's Agent
Todd Harrington
LPT Realty, LLC
Buyer's Agent
Joni Butler
Coldwell Banker Realty
List Price
$419,900
Sold Price
$379,000
Premium/Discount to List
-$40,900
-9.74%
Total Days on Market
37
Current Estimated Value
$304,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,000
Avg. Annual Appreciation
-7.76%
Original Mortgage
$284,250
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Gronland Larry D
Bought by
Schmitt Beth A

Purchase Details

Closed on
Nov 9, 1999
Sold by
Kothe David A
Bought by
Gronland Larry

Purchase Details

Closed on
Oct 18, 1999
Sold by
Ready Florence G
Bought by
Kothe David A

Range of Values:

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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
Barbara N Zimmerman Revocable Trust -- Minnesota Title
Schmitt Beth A $193,000 --
Gronland Larry $128,500 --
Kothe David A $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbara N Zimmerman Revocable Trust $284,250
Previous Owner Schmitt Beth Ann $136,574
Previous Owner Schmitt Beth Ann $70,659
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $379,000 -2.8% $388 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $389,900 -2.5% $399 / Sq Ft
05/25/2022 05/25/22 Price Changed $399,900 -4.8% $409 / Sq Ft
05/16/2022 05/16/22 For Sale $419,900 -- $429 / 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 $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 $68 $5,000 $2,000 $3,000
2017 $69 $5,000 $2,000 $3,000
2016 $72 $5,000 $2,000 $3,000
2015 $72 $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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Source: NorthstarMLS

MLS Number: 6196643

NorthstarMLS

APN: 13-117-24-22-0176