$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 Listed on: 02/19/2025

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
  • Vinyl Siding
  • Cedar

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
  • En-Suite Bathroom

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

Amenities

  • Laundry Facilities

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
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

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
  • 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: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 24, 2025
Sold by
Byron And Mary Lou Johnson Revocable Tru and Schwerin Shirley A
Bought by
Dubose David and Dubose Ruth
Seller's Agent
Daniel Hollerman
Compass
Buyer's Agent
Evie Harrington
RE/MAX Advantage Plus
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%
Views
21
Current Estimated Value
$336,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,000
Avg. Annual Appreciation
-25.59%
Original Mortgage
$280,000
Outstanding Balance
$278,567
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$57,433

Purchase Details

Listed on
Jun 10, 2024
Closed on
Oct 23, 2024
Sold by
Joseph M Geffre Revocable Living Trust and Geffre Joseph M
Bought by
Byron And Mary Lou Johnson Revocable Trust and Johnson
Seller's Agent
Timothy Landon
RE/MAX Advantage Plus
Buyer's Agent
Rita Pederson
Coldwell Banker Realty
List Price
$489,900
Sold Price
$440,000
Premium/Discount to List
-$49,900
-10.19%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.20%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Gramenz Ronald D
Bought by
Geffre Joseph M
Source: Public Records

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

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 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 $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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Map

Source: NorthstarMLS

MLS Number: 6652825

NorthstarMLS

APN: 13-117-24-22-0214