$400,000
SOLD MAR 26, 2025

5430 Three Points Blvd Unit 111 Mound, MN 55364

3 Beds
2 Baths
1,293 Sq Ft
$1,182/mo HOA Fee

Recently Sold

$309 Per Sq Ft

9% Below List Price

12 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • 385,637 Sq Ft lot
  • Hilltop Primary School Rated A
  • Heated In Ground Pool
  • Patio

About This Home

As of March 2025

This summer, embrace the Lake Minnetonka lifestyle, offering unmatched convenience and endless entertainment in this rarely available ground-level walkout Seahorse condominium. Open your back door to stunning views of Jennings Bay from your private patio, or take just a few steps to your 30x12 covered boat slip, ready for your next boating adventure. This freshly updated, move-in-ready home features new decor and flooring throughout, along with a functional floor plan for both everyday living and entertaining, providing space for guests and a luxurious primary suite that serves as a private retreat, complete with a lounging area/den. The Seahorse association encompasses 8 acres of picturesque lakeside grounds, offering a variety of amenities and activities, including a picnic area with grills, a private boat launch, day docks for guests, a heated pool and sauna, exercise equipment, and a newly remodeled party room with a full kitchen. It's the perfect setting for year-round or seasonal occupancy, with association dues covering heating, air conditioning, garbage collection, snow removal, lawn and common property maintenance, water/sewer, and shared amenities. Off-season onsite boat storage is also available for an additional fee. A turnkey solution to enjoy Lake Minnetonka with friends and family this year.

Last Agent to Sell the Property

Daniel Hollerman

Compass

Compass

Co-Listed By

Jaclyn Gavzy

Compass

Last Buyer's Agent

Evie Harrington

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Additional Parcels

HOA Fees

  • $1,182 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 1311724220058

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, sewer, shared amenities, snow removal
  • Gassen Company Association Management Association, Phone Number (952) 922-5575
  • Low-Rise Condominium
  • Seahorse Condominium Association Subdivision

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,937

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,182 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: Laundry, Dock
  • 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: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 1293
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Primary Bathroom, Patio
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • View: Bay, East, Lake, North
  • PatioPorchType: Patio
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 242

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 1182
  • Association: Yes
  • Amenities Unit: Cable,Dock,Main Floor Primary Bedroom,Patio,Boat Slip,Tile Floors

Association/Amenities

  • HOA Management Co: Gassen Company Association Management

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 385636.68
  • Land Lease: No
  • Additional Parcels Description: 1311724220214
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar, Fiber Cement, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724220058
  • Tax Annual Amount: 3937
  • TaxWithAssessments: 3937.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $400,000 -9.1% $309 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $440,000 0.0% $340 / Sq Ft
10/30/2024 10/30/24 Sold $440,000 -4.1% $340 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $459,000 -2.3% $355 / Sq Ft
07/15/2024 07/15/24 Price Changed $469,900 -4.1% $363 / Sq Ft
06/10/2024 06/10/24 For Sale $489,900 -- $379 / Sq Ft
Source: NorthstarMLS

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

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $400,000 None Listed On Document
Deed $440,000 Trademark Title
Warranty Deed $274,000 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6652825

NorthstarMLS

APN: 13-117-24-22-0214