NOT LISTED FOR SALE

5430 Three Points Blvd Unit 121 Mound, MN 55364

Estimated Value: $322,000

3 Beds
3 Baths
1,305 Sq Ft
$896/mo HOA Fee

Last Sold December 19, 2023

Last sale price $400,000 $307 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,691/month

10 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 349,308 Sq Ft lot
  • Hilltop Primary School Rated A
  • Sauna
  • Community Indoor Pool

About This Home

As of December 2023

This Seahorse unit has it all! Large 3 bed, 3 bath, Lake view, covered dock slip and garage! It doesn't get any easier than this on beautiful Lake Minnetonka. Walk directly out to your slip just steps from your door. Boat slip is covered & 26 ft in length. Watch the amazing sunrise each morning from your own large, covered deck. Views from every room! Seahorse offers resort like amenities with indoor pool, sauna, exercise area, lush grounds, built in grills, private boat launch and newly renovated party room. Dues include all of your heat, ac, water utilities, outside maintenance, dock area & heated pool. Lake Minnetonka is affordable at this price!

Last Listed By

Rhonda Pahl

Shortlist Properties LLC Listed on: 11/24/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1965

Lot Details

  • 8

HOA Fees

  • $896 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Sauna
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System
  • Cable TV Available

Additional Features

  • Beach Access
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 1311724220064

Community Details

Overview

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

Amenities

  • Community Garden
  • Coin Laundry

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 1965

Lot Details

0

HOA Fees

$896 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: No Stairs External
  • Water Source: City Water - In Street
  • Association Amenities: Laundry, Coin-op Laundry Owned, Common Garden, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1305
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Living Area: 1305
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • PoolFeatures: Indoor
  • View: East, Lake
  • ConstructionMaterialsDesc: Brick
  • PatioPorchType: Covered,Deck
  • Lake Acres: 14205
  • Lake Bottom: Soft
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Parking Lot

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Beach Access, Maintenance Structure, Dock, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 896
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Dock,Exercise Room,Intercom System,Panoramic View,Sauna,Boat Slip,In-Ground Sprinkler,Tile Floors

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: 0.0
  • Lot Size Sq Ft: 349307.64
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724220064
  • Tax Annual Amount: 3576
  • TaxWithAssessments: 3576.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Dec 18, 2023
Sold by
Debra Goergen Revocable Family Trust
Bought by
Kosowicz James and Kosowicz Eileen
Seller's Agent
Rhonda Pahl
Shortlist Properties LLC
Buyer's Agent
Eileen Kosowicz
National Realty Guild
List Price
$400,000
Sold Price
$400,000
Total Days on Market
10
Views
25
Current Estimated Value
$322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,000
Avg. Annual Appreciation
-14.55%
Original Mortgage
$359,950
Outstanding Balance
$356,249
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
-$34,249

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jul 1, 2015
Sold by
Andersen Margaret E
Bought by
Debra Goergen Revocable Family Trust
Seller's Agent
Michael Strand
Edina Realty, Inc.
List Price
$224,500
Sold Price
$200,500
Premium/Discount to List
-$24,000
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

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
Kosowicz James $400,000 Executive Associates Title
Debra Goergen Revocable Family Trust $200,500 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosowicz James $359,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $400,000 0.0% $307 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $400,000 +99.5% $307 / Sq Ft
07/01/2015 07/01/15 Sold $200,500 -10.7% $154 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $224,500 -- $172 / 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 $83 $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: 6463050

NorthstarMLS

APN: 13-117-24-22-0209